Wall Street consensus is expecting that ReWalk Robotics Ltd (NASDAQ:RWLK) will report earnings of $-0.56 per share when the firm next issues their quarterly results. According to Zacks, the firm should release their report on or around 2016-02-11. This is based on the latest information available.
Analysts and investors will be paying close attention to how the actual numbers compare with the estimates. A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. For the most recent quarter ReWalk Robotics Ltd recorded a surprise factor of -1.92% as the actual EPS number was $-0.01 off from the consensus estimate.
Where Does Wall Street See the Stock Going?
Research firms on the Street have price targets on the name ranging from $11 to $17 with a standard deviation of $3.214. The consensus target from the 3 analysts providing projections currently stands at $14.666. The mean target was last revised on 2015-12-18. These are short term projections for the next 12 months.
When taking a look at recommendations from analysts, investors can use the average brokerage recommendation score to determine the consensus take on a stock. The ABR is an average of the actual recommendations provided by research firms on a given equity. The ABR rank is displayed in the range of 1 to 5 where 1 represents a Strong Buy and 5 a Strong Sell. It’s important to note that analysts are often overly optimistic on their ratings and this should be considered when making investment decisions. Shares of ReWalk Robotics Ltd (NASDAQ:RWLK) currently have an ABR of 1.67, based on 3 recommendations.
ReWalk Robotics Ltd (NASDAQ:RWLK): Analysts Take on Earnings
Wall Street consensus is expecting that ReWalk Robotics Ltd (NASDAQ:RWLK) will report earnings of $-0.56 per share when the firm next issues their quarterly results. According to Zacks, the firm should release their report on or around 2016-02-11. This is based on the latest information available.
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