Irobot Corp (IRBT) Forecasts And Estimates For The Near Future

Irobot Corp (NASDAQ:IRBT) has a beta value of 0.94 and has seen 0.54 million shares traded in the recent trading session. The company, currently valued at $235.77M, closed the recent trade at $8.29 per share which meant it gained $0.51 on the day or 6.49% during that session. The IRBT stock price is -521.11% off its 52-week high price of $51.49 and 21.83% above the 52-week low of $6.48. The 3-month trading volume is 2.58 million shares.

Irobot Corp (NASDAQ:IRBT) trade information

Sporting 6.49% in the green today, the stock has traded in the green over the last five days, when the IRBT stock price touched $8.29 or saw a fall of -0.73%. Year-to-date, Irobot Corp shares have moved -78.58%, while the 5-day performance has seen it change 23.00%. Over the past 30 days, the shares of Irobot Corp (NASDAQ:IRBT) have changed -5.37%.

Irobot Corp (IRBT) estimates and forecasts

Figures show that Irobot Corp shares have outperformed across the wider relevant industry. The company’s shares have lost -75.30% over the past 6 months, with this year growth rate of 54.72%, compared to 14.00% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -19.80% and 2.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be -6.80%.

3 analysts offering their estimates for the company have set an average revenue estimate of $144.98 million for the current quarter. 3 have an estimated revenue figure of $167.01 million for the next quarter concluding in Jun 2024. Year-ago sales stood $160.29 million and $236.57 million respectively for this quarter and the next, and analysts expect sales will shrink by -9.60% for the current quarter and -29.40% for the next. Earnings growth for 2024 is a modest 52.87% while over the next 5 years, the company’s earnings are expected to increase by 29.00%.