Daily Market Movement: Irobot Corp (IRBT) Sees a -1.55 Decrease, Closing at 7.32

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The closing price of Irobot Corp (NASDAQ: IRBT) was $7.32 for the day, down -1.55% from the previous closing price of $7.43. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 0.88 million shares were traded. IRBT stock price reached its highest trading level at $7.8496 during the session, while it also had its lowest trading level at $7.26.

Ratios:

Our analysis of IRBT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.32.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on May 06, 2022, Downgraded its rating to Underweight and sets its target price to $45 from $65 previously.

On March 24, 2022, Northland Capital Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $85.

JP Morgan Downgraded its Overweight to Neutral on July 29, 2021, while the target price for the stock was maintained at $103.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 15 ’24 when Cohen Gary bought 2,050 shares for $12.29 per share. The transaction valued at 25,189 led to the insider holds 2,150 shares of the business.

Angle Colin M sold 179,503 shares of IRBT for $2,057,356 on Feb 29 ’24. The Director now owns 14,797 shares after completing the transaction at $11.46 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IRBT now has a Market Capitalization of 221292384 and an Enterprise Value of 290720736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.186 whereas that against EBITDA is 6.393.

Stock Price History:

Over the past 52 weeks, IRBT has reached a high of $42.14, while it has fallen to a 52-week low of $6.48. The 50-Day Moving Average of the stock is -21.20%, while the 200-Day Moving Average is calculated to be -53.65%.

Shares Statistics:

IRBT traded an average of 1.15M shares per day over the past three months and 1102600 shares per day over the past ten days. A total of 30.23M shares are outstanding, with a floating share count of 28.67M. Insiders hold about 5.18% of the company’s shares, while institutions hold 66.90% stake in the company. Shares short for IRBT as of 1723680000 were 5061658 with a Short Ratio of 4.40, compared to 1721001600 on 5275784. Therefore, it implies a Short% of Shares Outstanding of 5061658 and a Short% of Float of 23.1.

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