During the last session, Irobot Corp (NASDAQ:IRBT)’s traded shares were 2.47 million, with the beta value of the company hitting 0.85. At the end of the trading day, the stock’s price was $9.12, reflecting an intraday loss of -5.30% or -$0.51. The 52-week high for the IRBT share is $14.51, that puts it down -59.1 from that peak though still a striking 36.07% gain since the share price plummeted to a 52-week low of $5.83. The company’s market capitalization is $278.70M, and the average intraday trading volume over the past 10 days was 2.0 million shares, and the average trade volume was 1.71 million shares over the past three months.
Irobot Corp (IRBT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. IRBT has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -1.73.
Irobot Corp (NASDAQ:IRBT) trade information
Irobot Corp (IRBT) registered a -5.30% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.30% in intraday trading to $9.12, hitting a weekly high. The stock’s 5-day price performance is 13.01%, and it has moved by 11.49% in 30 days. Based on these gigs, the overall price performance for the year is -33.19%. The short interest in Irobot Corp (NASDAQ:IRBT) is 4.04 million shares and it means that shorts have 1.68 day(s) to cover.
The consensus price target of analysts on Wall Street is $65, which implies an increase of 85.97% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $45 and $85 respectively. As a result, IRBT is trading at a discount of -832.02% off the target high and -393.42% off the low.
Irobot Corp (IRBT) estimates and forecasts
In the rating firms’ projections, revenue will decrease -17.27% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 171M as predicted by 1 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 134.01M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 307.54M and 150.01M respectively. In this case, analysts expect current quarter sales to shrink by -44.40% and then drop by -10.67% in the coming quarter.
While earnings are projected to return 40.36% in 2025.
IRBT Dividends
Irobot Corp is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.23 million shares, is of BLACKROCK INC.’s that is approximately 7.9152% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $20.31 million.
