iRobot Corporation (NASDAQ:IRBT) went down by -12.20% from its latest closing price compared to the recent 1-year high of $197.40. The company’s stock price has collected -10.42% of loss in the last five trading sessions. Barron’s reported 17 hours ago that iRobot Stock Slides Despite Strong Earnings. Blame Rising Costs.
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 20.15 x from its present earnings ratio. Plus, the 36-month beta value for IRBT is at 1.26. 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 $142.20, which is $31.97 above the current price. IRBT currently public float of 27.66M and currently shorts hold a 17.23% ratio of that float. Today, the average trading volume of IRBT was 617.84K shares.
IRBT’s Market Performance
IRBT stocks went down by -10.42% for the week, with a monthly drop of -14.57% and a quarterly performance of -15.06%, while its annual performance rate touched 75.02%. The volatility ratio for the week stands at 3.67% while the volatility levels for the past 30 days are set at 3.39% for iRobot Corporation. The simple moving average for the period of the last 20 days is -19.87% for IRBT stocks with a simple moving average of -2.18% for the last 200 days.
Analysts’ Opinion of IRBT
Many brokerage firms have already submitted their reports for IRBT stocks, with JP Morgan repeating the rating for IRBT by listing it as a “Overweight.” The predicted price for IRBT in the upcoming period, according to JP Morgan is $166 based on the research report published on February 11th of the current year 2021.
Northland Capital, on the other hand, stated in their research note that they expect to see IRBT reach a price target of $120, previously predicting the price at $100. The rating they have provided for IRBT stocks is “Market Perform” according to the report published on January 28th, 2021.
IRBT Trading at -22.18% 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 -53.76% of loss for the given period.
Volatility was left at 3.39%, however, over the last 30 days, the volatility rate increased by 3.67%, as shares sank -26.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.96% lower at present.
During the last 5 trading sessions, IRBT fell by -21.70%, which changed the moving average for the period of 200-days by +6.59% in comparison to the 20-day moving average, which settled at $112.27. In addition, iRobot Corporation saw 29.48% 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 Weinstein Glen Daniel, who sale 1,373 shares at the price of $125.00 back on Mar 23. After this action, Weinstein Glen Daniel now owns 45,286 shares of iRobot Corporation, valued at $171,625 using the latest closing price.
Weinstein Glen Daniel, the EVP and Chief Legal Officer of iRobot Corporation, sale 17,899 shares at $118.72 during a trade that took place back on Mar 19, which means that Weinstein Glen Daniel is holding 46,659 shares at $2,125,025 based on the most recent closing price.
Stock Fundamentals for IRBT
Current profitability levels for the company are sitting at:
- +7.86 for the present operating margin
- +46.07 for the gross margin
The net margin for iRobot Corporation stands at +10.32. The total capital return value is set at 14.22, while invested capital returns managed to touch 18.83. Equity return is now at value 20.40, with 14.50 for asset returns.
Based on iRobot Corporation (IRBT), the company’s capital structure generated 7.06 points at debt to equity in total, while total debt to capital is 6.60. Total debt to assets is 4.77, with long-term debt to equity ratio resting at 6.28. Finally, the long-term debt to capital ratio is 5.86.
When we switch over and look at the enterprise to sales, we see a ratio of 1.31, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 8.73 and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.87.