Top Robotics Stocks for Q1 2022

Top Robotics Stocks for Q1 2022

Top Robotics Stocks for Q1 2022Top Robotics Stocks for Q1 2022

The number of robotics and automation companies has increased dramatically in recent decades as corporations seek to produce goods and services more efficiently, often replacing more expensive human employees in the process. In recent years, the urgency to automate to cut labor costs has accelerated due to intensifying global competition and other forces. Examples of companies that offer robotics solutions and products include Cognex Corp. (CGNX), Cadence Design Systems Inc. (CDNS), and U.K.-based Blue Prism Group PLC (PRSM).To get more news about GLP GRS, you can visit glprobotics.com official website.

Robot and automation stocks, as represented by the ROBO Global Robotics and Automation Index ETF (ROBO), an exchange-traded fund, have underperformed the broader market. The ETF has provided investors with a total return of 8.9% over the past 12 months, below the 24.4% total return of the Russell 1000 Index.1

Here are the top three robotics stocks with the best value, the fastest growth, and the most momentum. The market performance numbers above and all statistics in the tables below are as of Jan. 6, 2022.These are the robotics stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of profit generated.

iRobot Corp.: iRobot is a global consumer robot company. It designs and builds robots for use inside and outside the home. One of its main products is the Roomba, a robot designed to automatically vacuum floors. On Nov. 18, 2021, iRobot announced that it had acquired Aeris Cleantec A.G., a privately held air purifier company based in Switzerland. Financial terms of the transaction were not disclosed. iRobot plans to integrate Aeris’ products with its existing product lineup of home robots. The global residential air purifier market is expected to expand from $3.4 billion in 2020 to more than $6.7 billion in 2027.2
Rockwell Automation Inc.: Rockwell Automation provides industrial automation and digital transformation solutions. The company offers intelligent devices for motion, safety, and sensing, as well as control and visualization software and hardware, network and security infrastructure, and similar products. In December 2021, Rockwell announced that it had partnered with global life sciences company Cytiva to collaborate on several projects to accelerate the development and delivery of medicines and lower costs. The two will build an Automation and Digital Transformation Center in China and open multiple test centers, including in Sweden.3
Fanuc Corp.: Fanuc is a Japan-based manufacturing company that makes factory automation machinery. It offers computer numeric control systems, laser products, and robotic systems and products
These are the top robotics stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly year-over-year (YOY) percentage revenue growth and most recent quarterly YOY earnings-per-share (EPS) growth. Both sales and earnings are critical factors in the success of a company. Therefore, ranking companies by only one growth metric makes a ranking susceptible to the accounting anomalies of that quarter (such as changes in tax law or restructuring costs) that may make one figure or the other unrepresentative of the business in general. Companies with quarterly EPS or revenue growth of more than 2,500% were excluded as outliers.


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