In last trading session, Irobot Corp (NASDAQ:IRBT) saw 5.9 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $6.75 trading at -$3.66 or -35.16% at ring of the bell on the day assigns it a market valuation of $204.06M. That closing price of IRBT’s stock is at a discount of -524.3% from its 52-week high price of $42.14 and is indicating a premium of 13.63% from its 52-week low price of $5.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.85 million shares which gives us an average trading volume of 926.96K if we extend that period to 3-months.
For Irobot Corp (IRBT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
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Irobot Corp (NASDAQ:IRBT) trade information
Upright in the red during last session for losing -35.16%, in the last five days IRBT remained trading in the red while hitting it’s week-highest on Tuesday, 11/05/24 when the stock touched $6.75 price level, adding 36.32% to its value on the day. Irobot Corp’s shares saw a change of -82.56% in year-to-date performance and have moved -22.15% in past 5-day. Irobot Corp (NASDAQ:IRBT) showed a performance of -17.48% in past 30-days. Number of shares sold short was 4.77 million shares which calculate 7.07 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 65 to the stock, which implies a rise of 89.62% to its current value. Analysts have been projecting 45 as a low price target for the stock while placing it at a high target of 85. It follows that stock’s current price would drop -566.67% in reaching the projected high whereas dropping to the targeted low would mean a loss of -566.67% for stock’s current value.
Irobot Corp (IRBT) estimates and forecasts
Statistics highlight that Irobot Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -38.19% of value to its shares in past 6 months, showing an annual growth rate of 54.46% while that of industry is 25.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -13.10% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 218.4M for the same. And 2 analysts are in estimates of company making revenue of 239.5M in the next quarter. Company posted 186.18M and 307.54M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 45.86% while estimates for its earnings growth in next 5 years are of 29.00%.
Irobot Corp (NASDAQ:IRBT)’s Major holders
Insiders are in possession of 4.30% of company’s total shares while institution are holding 67.40 percent of that, with stock having share float percentage of 70.42%. Investors also watch the number of corporate investors in a company very closely, which is 67.40% institutions for Irobot Corp that are currently holding shares of the company. AMERIPRISE FINANCIAL INC is the top institutional holder at IRBT for having 2.59 million shares of worth $23.63 million. And as of 2024-06-30, it was holding 9.2086 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.23 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.9152 of outstanding shares, having a total worth of $20.31 million.
