Money Concepts Capital Corp now owns 643 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 625 shares during the last quarter. FMR LLC boosted its holdings in iRobot by 39.7% in the first quarter. FMR LLC now owns 1,472 shares of the industrial products company’s stock valued at $64,000 after acquiring an additional 418 shares during the last quarter. US Bancorp DE boosted its holdings in shares of iRobot by 57.3% during the 1st quarter. US Bancorp DE now owns 1,553 shares of the industrial products company’s stock worth $68,000 after buying an additional 566 shares in the last quarter.
Style is calculated by combining value and growth scores, which are first individually calculated. IRobot saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 3,060,000 shares, a decline of 10.3% from the August 15th total of 3,410,000 shares. Based on an average daily trading volume, of 459,100 shares, the days-to-cover ratio is currently 6.7 days. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting.
IRobot Co. has a 52-week low of $31.37 and a 52-week high of $58.76. The stock’s 50 day moving average price is $40.42 and its two-hundred day moving average price is $40.88. The stock has a market capitalization of $977.95 million, a price-to-earnings ratio of -2.58 and a beta of 1.08. IRBT has been the topic of a number of research analyst reports. StockNews.com upgraded iRobot from a “sell” rating to a “hold” rating in a report on Wednesday, August 16th.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. IRBT’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
This suggests a possible upside of 44.4% from the stock’s current price. View analysts price targets for IRBT or view top-rated stocks among Wall Street analysts. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.
- This puts Colin M. Angle in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
- The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
- That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
- This story was reviewed by MarketBeat’s editorial team prior to publication.
- US Bancorp DE now owns 1,553 shares of the industrial products company’s stock worth $68,000 after buying an additional 566 shares in the last quarter.
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IRBT’s historical performance
against its industry peers and the overall market. Tariffs could hit the vacuum company hard, but iRobot’s long-term future still shines, especially when big data comes into the mix. IRobot manufacturers the Roomba Vacuuming Robot and the Braava family of mopping robots, which are in millions of homes around the world. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
Why Roomba Maker IRobot Stock is Trading Lower Tuesday?
1 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for iRobot in the last twelve months. The consensus among Wall Street analysts is that investors should “hold” IRBT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRBT, but not buy additional shares or sell existing shares. It advantages of regression analysis designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company’s consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots.
This puts Colin M. Angle in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Rumors of deal-making in the online grocery space were not enough to offset declines in shares tied to volatile sectors — including AI. As a result, The CE 100 Index lost 2.82% last week, and only a …
Amazon’s Proposed $1.7 Billion Purchase of IRobot Gets Formal UK Competition Probe
Citigroup cut their price target on iRobot from $61.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, July 27th. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Style is an investment factor that has a meaningful impact on investment risk and returns.
According to one analyst, the rating for IRBT stock is “Hold” and the 12-month stock price forecast is $51.0. The technique has proven to be very useful for finding positive surprises. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
Finally, Point72 Hong Kong Ltd boosted its holdings in shares of iRobot by 124.5% during the 2nd quarter. Point72 Hong Kong Ltd now owns 2,052 shares of the industrial products company’s stock worth $75,000 after buying an additional 1,138 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
The consumer robot products are provided to the consumers by retail businesses and online store. It sells the products across the United States and around the world. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. 1 Wall Street research analysts have issued 12 month price objectives for iRobot’s stock. On average, they predict the company’s share price to reach $51.00 in the next year.
Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of IRBT stock can currently be purchased for approximately $35.31. Sign-up to receive the latest news and ratings for iRobot and its competitors with MarketBeat’s FREE daily newsletter.
iRobot Analyst Data
IRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company sells its products through chain stores and other national retailers, distributors, and resellers, as well as through its website and app, and e-commerce websites. IRobot Corporation was incorporated in 1990 and is headquartered in Bedford, Massachusetts. Several other institutional investors have also added to or reduced their stakes in IRBT. Coppell Advisory Solutions Corp. bought a new stake in iRobot in the fourth quarter valued at approximately $28,000. Money Concepts Capital Corp boosted its holdings in iRobot by 3,472.2% in the fourth quarter.
Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
similar fashion. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Heads, iRobot investors stand to make a 34% profit from this deal. Tails, they could lose everything they’ve gained over the past year — and more.
Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value https://1investing.in/ with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.
This story was reviewed by MarketBeat’s editorial team prior to publication. The e-commerce giant just lowered the per-share price it will pay to acquire the home robotics leader. Since then, IRBT shares have decreased by 26.6% and is now trading at $35.31. While iRobot currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on…
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
/PRNewswire/ — Consumers should trust that their floor cleaning robot is intelligent enough to avoid making its own mess, will finish its job without… The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, IRBT info will be updated daily in your Zacks.com Portfolio Tracker – also free.
Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Provides a general description of the business conducted by this company. A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart. The Barchart Technical Opinion rating is a 88% Sell with a Strengthening short term outlook on maintaining the current direction.