In the latest trading session, 0.68 million Irobot Corp (NASDAQ:IRBT) shares changed hands as the company’s beta touched 0.85. With the company’s most recent per share price at $7.93 changed hands at -$0.82 or -9.37% at last look, the market valuation stands at $242.33M. IRBT’s current price is a discount, trading about -82.98% off its 52-week high of $14.51. The share price had its 52-week low at $5.83, which suggests the last value was 26.48% up since then.
Analysts gave the Irobot Corp (IRBT) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended IRBT as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Irobot Corp’s EPS for the current quarter is expected to be -1.73.
Irobot Corp (NASDAQ:IRBT) trade information
Instantly IRBT was in red as seen in intraday trades today. With action -16.44%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 2.32%, with the 5-day performance at -16.44% in the red. However, in the 30-day time frame, Irobot Corp (NASDAQ:IRBT) is -3.65% down.
The consensus price target for the stock as assigned by Wall Street analysts is 65, meaning bulls need an upside of 87.8% from its recent market value. According to analyst projections, IRBT’s forecast low is 45 with 85 as the target high. To hit the forecast high, the stock’s price needs a -971.88% plunge from its current level, while the stock would need to soar -467.47% for it to hit the projected low.
Irobot Corp (IRBT) estimates and forecasts
Year-over-year growth is forecast to reach -17.27% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 171M. 2 analysts are of the opinion that Irobot Corp’s revenue for the current quarter will be 134.01M. The company’s revenue for the corresponding quarters a year ago was 307.54M and 150.01M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -44.40%. The estimates for the next quarter sales put growth at -10.67%.
The 2025 estimates are for Irobot Corp earnings to increase by 40.36%.
Irobot Corp (NASDAQ:IRBT)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.9152% or 2.23 million shares worth $20.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 925.79 shares estimated at $7.35 million under it, the former controlled 3.03% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.61% of the shares, roughly 796.82 shares worth around $6.33 million.
