Roth Capital Reiterates “Buy” Rating for Restoration Robotics

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Restoration Robotics (NASDAQ:HAIR)‘s stock had its “buy” rating reiterated by equities researchers at Roth Capital in a report issued on Tuesday, February 5th.

Several other equities analysts have also weighed in on HAIR. Zacks Investment Research lowered shares of Restoration Robotics from a “hold” rating to a “strong sell” rating in a research report on Friday, October 26th. Maxim Group reissued a “buy” rating and issued a $6.00 price objective on shares of Restoration Robotics in a research report on Tuesday, January 8th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $6.58.

Shares of HAIR opened at $0.92 on Tuesday. Restoration Robotics has a fifty-two week low of $0.35 and a fifty-two week high of $8.20. The company has a current ratio of 4.24, a quick ratio of 3.72 and a debt-to-equity ratio of 2.08.

A number of institutional investors have recently made changes to their positions in the business. Blair William & Co. IL acquired a new stake in Restoration Robotics during the third quarter worth about $174,000. SG Americas Securities LLC grew its stake in Restoration Robotics by 55.9% during the fourth quarter. SG Americas Securities LLC now owns 283,503 shares of the company’s stock worth $123,000 after buying an additional 101,608 shares in the last quarter. Skylands Capital LLC acquired a new stake in Restoration Robotics during the third quarter worth about $713,000. Vanguard Group Inc. grew its stake in Restoration Robotics by 173.2% during the third quarter. Vanguard Group Inc. now owns 864,368 shares of the company’s stock worth $2,507,000 after buying an additional 547,968 shares in the last quarter. Finally, Vanguard Group Inc grew its stake in Restoration Robotics by 173.2% during the third quarter. Vanguard Group Inc now owns 864,368 shares of the company’s stock worth $2,507,000 after buying an additional 547,968 shares in the last quarter. Hedge funds and other institutional investors own 31.18% of the company’s stock.

Restoration Robotics Company Profile

Restoration Robotics, Inc, a medical device company, develops and commercializes image-guided robotic systems in the United States and internationally. The company offers ARTAS System, a physician-assisted robotic system that identifies and dissects hair follicular units directly from the scalp and creates recipient implant sites.