Irobot Corp (IRBT) Stock Price and Analyst Predictions

The stock has a 36-month beta value of 0.93. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 as “sell.”

The public float for IRBT is 27.03M, and at present, short sellers hold a 34.91% of that float. On April 04, 2024, the average trading volume of IRBT was 2.98M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

IRBT) stock’s latest price update

Irobot Corp (NASDAQ: IRBT)’s stock price has plunge by 1.87relation to previous closing price of 8.00. Nevertheless, the company has seen a 4.22% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-01 that Despite challenges, iRobot presents a compelling investment opportunity with an EV/Revenue (TTM) ratio of 0.206. iRobot’s connected sensor network and data offer acquisition or licensing opportunities, while cost-cutting and AI-driven innovation could streamline operations and develop new products. Strong brand, upcoming changes, cost-cutting, and valuation support a “Buy” rating with a 12-month price target of $10-$12.

IRBT’s Market Performance

Irobot Corp (IRBT) has seen a 4.22% rise in stock performance for the week, with a -24.19% decline in the past month and a -78.85% plunge in the past quarter. The volatility ratio for the week is 9.78%, and the volatility levels for the past 30 days are at 6.79% for IRBT. The simple moving average for the past 20 days is -11.32% for IRBT’s stock, with a -74.05% simple moving average for the past 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 “Underweight.” The predicted price for IRBT in the upcoming period, according to JP Morgan is $45 based on the research report published on May 06, 2022 of the previous year 2022.

Northland Capital, on the other hand, stated in their research note that they expect to see IRBT reach a price target of $85. The rating they have provided for IRBT stocks is “Outperform” according to the report published on March 24th, 2022.

JP Morgan gave a rating of “Neutral” to IRBT, setting the target price at $103 in the report published on July 29th of the previous year.

IRBT Trading at -30.42% 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 -84.17% of loss for the given period.

Volatility was left at 6.79%, however, over the last 30 days, the volatility rate increased by 9.78%, as shares sank -20.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.11% lower at present.

During the last 5 trading sessions, IRBT rose by +4.22%, which changed the moving average for the period of 200-days by -80.63% in comparison to the 20-day moving average, which settled at $9.09. In addition, Irobot Corp saw -78.94% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at IRBT starting from Angle Colin M, who sale 179,503 shares at the price of $11.46 back on Feb 29 ’24. After this action, Angle Colin M now owns 14,797 shares of Irobot Corp, valued at $2,057,356 using the latest closing price.

Stock Fundamentals for IRBT

Current profitability levels for the company are sitting at:

  • -0.32 for the present operating margin
  • 0.21 for the gross margin

The net margin for Irobot Corp stands at -0.35. The total capital return value is set at -0.63. Equity return is now at value -90.66, with -38.84 for asset returns.

Based on Irobot Corp (IRBT), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at -0.56. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is -262.41.

Currently, EBITDA for the company is -232.94 million with net debt to EBITDA at -0.2. When we switch over and look at the enterprise to sales, we see a ratio of 0.31. The receivables turnover for the company is 11.09for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.

Conclusion

To sum up, Irobot Corp (IRBT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts