Vicarious Surgical (RBOT) Scheduled to Post Earnings on Monday

Vicarious Surgical (NYSE:RBOT) will be releasing its earnings data after the market closes on Monday, April 29th. Analysts expect Vicarious Surgical to post earnings of ($0.10) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Vicarious Surgical (NYSE:RBOT) last issued its quarterly earnings results on Monday, March 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.05. During the same period in the previous year, the company posted ($0.16) EPS. On average, analysts expect Vicarious Surgical to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Vicarious Surgical Trading Up 3.2 %

Shares of RBOT stock opened at $0.29 on Monday. The company has a market capitalization of $50.62 million, a P/E ratio of -0.59 and a beta of 1.18. The business’s 50 day moving average is $0.34 and its two-hundred day moving average is $0.37. Vicarious Surgical has a 12-month low of $0.20 and a 12-month high of $2.46.

Hedge Funds Weigh In On Vicarious Surgical

Several hedge funds and other institutional investors have recently made changes to their positions in RBOT. Vanguard Group Inc. lifted its position in shares of Vicarious Surgical by 58.3% in the third quarter. Vanguard Group Inc. now owns 3,813,070 shares of the company’s stock valued at $2,252,000 after acquiring an additional 1,404,090 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Vicarious Surgical by 31.1% in the second quarter. BlackRock Inc. now owns 3,843,664 shares of the company’s stock valued at $7,034,000 after purchasing an additional 912,146 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Vicarious Surgical in the third quarter valued at approximately $420,000. State Street Corp increased its holdings in shares of Vicarious Surgical by 442.4% in the second quarter. State Street Corp now owns 737,936 shares of the company’s stock valued at $2,170,000 after purchasing an additional 601,889 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Vicarious Surgical in the fourth quarter valued at approximately $1,052,000. Hedge funds and other institutional investors own 47.27% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Piper Sandler lowered their price target on Vicarious Surgical from $1.50 to $1.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 5th.

About Vicarious Surgical

Vicarious Surgical Inc operates as a robotics technology company in the United States. The company focuses on developing and commercializing Vicarious System, a single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. Vicarious Surgical Inc was incorporated in 2014 and is headquartered in Waltham, Massachusetts.