FY2024 EPS Estimates for ReWalk Robotics Ltd. (NASDAQ:LFWD) Boosted by HC Wainwright

ReWalk Robotics Ltd. (NASDAQ:LFWD) – Equities researchers at HC Wainwright raised their FY2024 EPS estimates for ReWalk Robotics in a report released on Monday, April 15th. HC Wainwright analyst S. Ramakanth now anticipates that the company will post earnings of ($1.75) per share for the year, up from their prior estimate of ($1.82). HC Wainwright currently has a “Buy” rating and a $9.00 target price on the stock. The consensus estimate for ReWalk Robotics’ current full-year earnings is ($1.82) per share. HC Wainwright also issued estimates for ReWalk Robotics’ Q4 2024 earnings at ($0.14) EPS, Q1 2025 earnings at ($0.14) EPS, Q2 2025 earnings at ($0.14) EPS, Q3 2025 earnings at ($0.21) EPS, Q4 2025 earnings at ($0.21) EPS, FY2025 earnings at ($0.70) EPS, FY2026 earnings at $0.35 EPS and FY2027 earnings at $1.54 EPS.

ReWalk Robotics Price Performance

ReWalk Robotics stock opened at $4.98 on Thursday. The firm has a 50-day simple moving average of $5.54. The company has a market capitalization of $42.33 million, a PE ratio of -1.74 and a beta of 1.99. ReWalk Robotics has a 12-month low of $3.90 and a 12-month high of $9.10.

ReWalk Robotics (NASDAQ:LFWD) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.91) by $0.56. The firm had revenue of $6.88 million during the quarter, compared to the consensus estimate of $7.20 million. ReWalk Robotics had a negative return on equity of 28.19% and a negative net margin of 159.76%.

ReWalk Robotics Company Profile

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes robotic exoskeletons for individuals with mobility impairments or other medical conditions in the United States, Europe, the Asia-Pacific, and Africa. The company offers ReWalk Personal and ReWalk Rehabilitation for spinal cord injuries and everyday use by paraplegic individuals at home and in communities; ReStore, a soft exo-suit intended for use in the rehabilitation of individuals with lower limb disability due to stroke in the clinical rehabilitation environment; and MyoCycle and MediTouch tutor movement biofeedback devices for use at home or in clinic.