iRobot Corporation (NASDAQ:IRBT) went up by 4.61% from its latest closing price compared to the recent 1-year high of $89.26. The company’s stock price has collected 16.67% of gains in the last five trading sessions. Press Release reported on 09/08/20 that iRobot Announces Participation in Upcoming Investor Conferences
Is It Worth Investing in iRobot Corporation (NASDAQ :IRBT) Right Now?
iRobot Corporation (NASDAQ:IRBT) scored a price-to-earnings ratio above its average ratio, recording 24.77 x from its present earnings ratio. Plus, the 36-month beta value for IRBT is at 1.55. Opinions of the stock are interesting as 1 analysts out of 8 who provided ratings for iRobot Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $81.00, which is -$3.16 below the current price. IRBT currently public float of 27.19M and currently shorts hold a 39.74% ratio of that float. Today, the average trading volume of IRBT was 743.52K shares.
IRBT’s Market Performance
IRBT stocks went up by 16.67% for the week, with a monthly jump of 16.95% and a quarterly performance of 2.15%, while its annual performance rate touched 31.31%. The volatility ratio for the week stands at 5.22% while the volatility levels for the past 30 days are set at 4.56% for iRobot Corporation. The simple moving average for the period of the last 20 days is 11.49% for IRBT stocks with a simple moving average of 36.60% for the last 200 days.
Analysts’ Opinion of IRBT
Many brokerage firms have already submitted their reports for IRBT stocks, with Colliers Securities repeating the rating for IRBT by listing it as a “Neutral.” The predicted price for IRBT in the upcoming period, according to Colliers Securities is $50 based on the research report published on July 23rd of the current year 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see IRBT reach a price target of $50. The rating they have provided for IRBT stocks is “Underperform” according to the report published on June 26th, 2020.
JP Morgan gave a rating of “ Neutral” to IRBT, setting the target price at $65 in the report published on May 26th of the current year.
IRBT Trading at 9.04% from the 50-Day Moving Average
After a stumble in the market that brought IRBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.46% of loss for the given period.
Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 5.22%, as shares surge +13.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.10% lower at present.
During the last 5 trading sessions, IRBT rose by +16.67%, which changed the moving average for the period of 200-days by +88.59% in comparison to the 20-day moving average, which settled at $75.38. In addition, iRobot Corporation saw 64.90% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IRBT starting from Saeger Timothy, who sold 3,299 shares at the price of $80.00 back on Sep 11. After this action, Saeger Timothy now owns 24,118 shares of iRobot Corporation, valued at $263,920 using the latest closing price.
Hartsfield David Keith, the Chief Product Officer of iRobot Corporation, sold 7,921 shares at $71.63 during a trade that took place back on Sep 08, which means that Hartsfield David Keith is holding 26,285 shares at $567,413 based on the most recent closing price.
Stock Fundamentals for IRBT
Current profitability levels for the company are sitting at:
- +6.99 for the present operating margin
- +44.63 for the gross margin
The net margin for iRobot Corporation stands at +7.04. The total capital return value is set at 13.57, while invested capital returns managed to touch 13.73. Equity return is now at value 14.90, with 10.90 for asset returns.
Based on iRobot Corporation (IRBT), the company’s capital structure generated 9.47 points at debt to equity in total, while total debt to capital is 8.65.
When we switch over and look at the enterprise to sales, we see a ratio of 1.08, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 7.86 and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.93.