Irobot Corp (NASDAQ:IRBT) has a beta value of 0.81 and has seen 1.46 million shares traded in the recent trading session. The company, currently valued at $376.49M, closed the recent trade at $12.32 per share which meant it lost -$0.38 on the day or -2.99% during that session. The IRBT stock price is -211.36% off its 52-week high price of $38.36 and 52.68% above the 52-week low of $5.83. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.85 million shares traded. The 3-month trading volume is 1.24 million shares.
The consensus among analysts is that Irobot Corp (IRBT) is Hold stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 2 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.71.
Irobot Corp (NASDAQ:IRBT) trade information
Sporting -2.99% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IRBT stock price touched $12.32 or saw a rise of 5.67%. Year-to-date, Irobot Corp shares have moved 58.97%, while the 5-day performance has seen it change 56.54%. Over the past 30 days, the shares of Irobot Corp (NASDAQ:IRBT) have changed 43.42%. Short interest in the company has seen 2.99 million shares shorted with days to cover at 2.46.
Wall Street analysts have a consensus price target for the stock at $65, which means that the shares’ value could jump 81.05% from the levels at last check today.. The projected low price target is $45.0 while the price target rests at a high of $85.0. In that case, then, we find that the latest price level in today’s session is -589.94% off the targeted high while a plunge would see the stock gain -265.26% from the levels at last check today..
Irobot Corp (IRBT) estimates and forecasts
Figures show that Irobot Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 41.94% over the past 6 months, with this year growth rate of 36.48%, compared to 16.70% for the industry. Revenue growth from the last financial year stood is estimated to be -16.75%.
2 analysts offering their estimates for the company have set an average revenue estimate of 187.84M for the current quarter. 2 have an estimated revenue figure of 134.01M for the next ending quarter. Year-ago sales stood 307.54M and 150.01M respectively for this quarter and the next, and analysts expect sales will shrink by -38.92% for the current quarter and -16.75% for the next.
Earnings growth for 2025 is a modest 36.87% while over the next 5 years, the company’s earnings are expected to increase by 29.00%.
IRBT Dividends
Irobot Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Irobot Corp (NASDAQ:IRBT)’s Major holders
Insiders own 4.87% of the company shares, while shares held by institutions stand at 67.56% with a share float percentage of 71.02%. Investors are also buoyed by the number of investors in a company, with Irobot Corp having a total of 230.0 institutions that hold shares in the company. The top two institutional holders are AMERIPRISE FINANCIAL INC with over 2.59 million shares worth more than $23.63 million. As of 2024-06-30, AMERIPRISE FINANCIAL INC held 9.2086% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 2.23 million shares as of 2024-06-30. The firm’s total holdings are worth over $20.31 million and represent 7.9152% of shares outstanding.
