Irobot Corp (NASDAQ: IRBT)’s stock price has plunge by -3.44relation to previous closing price of 6.40. Nevertheless, the company has seen a -16.88% plunge in its stock price over the last five trading sessions. investorplace.com reported 2024-08-15 that Robotics continues to pique investors’ interest, and even more so as we enter a new age of artificial intelligence technologies. Automation has been a significant catalyst for the space.
Is It Worth Investing in Irobot Corp (NASDAQ: IRBT) Right Now?
Company’s 36-month beta value is 0.86.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 1 as “sell.”
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
The public float for IRBT is 28.67M, and currently, short sellers hold a 17.65% ratio of that floaft. The average trading volume of IRBT on September 06, 2024 was 1.12M shares.
IRBT’s Market Performance
IRBT stock saw a decrease of -16.88% in the past week, with a monthly decline of -36.62% and a quarterly a decrease of -38.14%. The volatility ratio for the week is 7.64%, and the volatility levels for the last 30 days are 9.62% for Irobot Corp (IRBT). The simple moving average for the past 20 days is -18.02% for IRBT’s stock, with a -59.68% 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 -32.25% 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 -85.33% of loss for the given period.
Volatility was left at 9.62%, however, over the last 30 days, the volatility rate increased by 7.64%, as shares sank -23.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.04% lower at present.
During the last 5 trading sessions, IRBT fell by -16.88%, which changed the moving average for the period of 200-days by -79.72% in comparison to the 20-day moving average, which settled at $7.44. In addition, Irobot Corp saw -84.03% 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 Cohen Gary, who purchase 2,050 shares at the price of $12.29 back on May 15 ’24. After this action, Cohen Gary now owns 2,150 shares of Irobot Corp, valued at $25,189 using the latest closing price.
Angle Colin M, the Director of Irobot Corp, sale 179,503 shares at $11.46 during a trade that took place back on Feb 29 ’24, which means that Angle Colin M is holding 14,797 shares at $2,057,356 based on the most recent closing price.
Stock Fundamentals for IRBT
Current profitability levels for the company are sitting at:
- -0.3 for the present operating margin
- 0.2 for the gross margin
The net margin for Irobot Corp stands at -0.26. The total capital return value is set at -0.66. Equity return is now at value -86.34, with -33.58 for asset returns.
Based on Irobot Corp (IRBT), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at -0.43. The debt to equity ratio resting at 1.19. The interest coverage ratio of the stock is -44.37.
Currently, EBITDA for the company is -232.94 million with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 11.62for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
In a nutshell, Irobot Corp (IRBT) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
