The price of Irobot Corp (NASDAQ: IRBT) closed at $11.29 in the last session, down -4.16% from day before closing price of $11.78. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 2693842 shares were traded. IRBT stock price reached its highest trading level at $11.77 during the session, while it also had its lowest trading level at $11.04.
Ratios:
We take a closer look at IRBT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.17.
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.
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 314.88M and an Enterprise Value of 358.87M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 0.40 whereas that against EBITDA is -1.55.
Stock Price History:
Over the past 52 weeks, IRBT has reached a high of $51.49, while it has fallen to a 52-week low of $10.00. The 50-Day Moving Average of the stock is 23.92, while the 200-Day Moving Average is calculated to be 34.61.
Shares Statistics:
According to the various share statistics, IRBT traded on average about 2.40M shares per day over the past 3-months and 2.29M shares per day over the past 10 days. A total of 27.42M shares are outstanding, with a floating share count of 26.90M. Insiders hold about 3.47% of the company’s shares, while institutions hold 78.22% stake in the company. Shares short for IRBT as of Feb 15, 2024 were 8.93M with a Short Ratio of 3.72, compared to 2.92M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 32.05% and a Short% of Float of 45.19%.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$1.19 for the current quarter, with a high estimate of -$1.17 and a low estimate of -$1.22, while EPS last year was -$1.67. The consensus estimate for the next quarter is -$0.76, with high estimates of -$0.63 and low estimates of -$0.9.
Analysts are recommending an EPS of between -$2.11 and -$2.87 for the fiscal current year, implying an average EPS of -$2.49. EPS for the following year is -$1.68, with 1 analysts recommending between -$1.68 and -$1.68.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $167.26M. It ranges from a high estimate of $171.51M to a low estimate of $163M. As of the current estimate, Irobot Corp’s year-ago sales were $160.29M, an estimated increase of 4.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $186.57M, a decrease of -21.10% less than the figure of $4.30% in the same quarter last year. There is a high estimate of $188M for the next quarter, whereas the lowest estimate is $185.13M.
A total of 2 analysts have provided revenue estimates for IRBT’s current fiscal year. The highest revenue estimate was $874.05M, while the lowest revenue estimate was $856M, resulting in an average revenue estimate of $865.02M. In the same quarter a year ago, actual revenue was $890.58M, down -2.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $883.79M in the next fiscal year. The high estimate is $883.79M and the low estimate is $883.79M. The average revenue growth estimate for next year is up 2.20% from the average revenue estimate for this year.
