How have the shares performed?
iRobot Corporation (IRBT) saw downtrend of -4.28% in the recent trading with $96.87 being its most recent. The current price level -50.93% lower than the highest price of $197.40 marked by the stock while trading over the past 52-weeks, whereas it is 43.40% higher than the lowest price of $67.55 the company dropped to over past 52-weeks. The latest news story on IRBT appeared in Zacks under the title “IRobot (IRBT) Outpaces Stock Market Gains: What You Should Know” on Jun-08-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -9.17% below one month high and is +5.81% above of the lowest during that time. Looking into the simple moving average, iRobot Corporation (IRBT)’s stock stands at a SMA-50 of $105.59 while that of 5-day is reading $99.07.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and IRBT’s SMA-200 as of now is $96.22.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 8 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
iRobot Corporation Earnings – What Happened With IRBT
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. iRobot Corporation (IRBT) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 355.60% for net revenue. During the reported three-month period, company’s sales were $303.78 billion while analysts on average were estimating the same to be $356.09 million.
IRBT – iRobot Corporation Stock Earnings Estimates
The perspective of iRobot Corporation (NASDAQ:IRBT)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.09 for stock’s EPS in the current quarter. 7 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.41.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 28.26 million. IRBT does have institutional investors; and they hold 91.60% of the stock.
iRobot Corporation – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 12 new insider purchases involving 79,713 shares. On the other hand, IRBT declared 164,386 shares have been sold in 63 insider transactions over the past three months.
As on Mar 30, 2021, Blackrock Inc. was the top most holder in iRobot Corporation (NASDAQ:IRBT) with an ownership of 5.08 million shares of the company or 18.09% of the stake worth $620.93 million. The filing also reveals Vanguard Group, Inc. (The) as the second largest holder in the company with a control over 10.74% of the outstanding shares. Its stake is worth $368.83 million for having 3.02 million shares in hand.
Primecap Management Company also came holding a key position in the company during the recent quarter and it now holds 10.15% of the outstanding shares. With this there are now 425 institutions which have possession in IRBT’s shares.
Currently, the stock has been recommended as Hold by 8 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by iRobot Corporation was 2.87 while posting a debt to equity ratio of 0.00. The count was 6.28 for long-term debt to equity ratio.
iRobot Corporation’s return on equity, or ROE, is 22.30%, compared to the industry average of 5.79% for Technology – Consumer Electronics. Although this indicates that IRBT uses its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of iRobot Corporation (NASDAQ:IRBT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for iRobot Corporation (IRBT), we notice that the stock’s 20-day average volume is at 491,795 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 540,020 shares. And to end with, IRBT’s 100-day average volume are 890,379 shares.