The closing price of Irobot Corp (NASDAQ: IRBT) was $9.21 for the day, down -7.81% from the previous closing price of $9.99. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 2301543 shares were traded. IRBT stock price reached its highest trading level at $9.97 during the session, while it also had its lowest trading level at $9.11.
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 1.09 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 1.19 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.
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 Feb 29 ’24 when Angle Colin M sold 179,503 shares for $11.46 per share. The transaction valued at 2,057,356 led to the insider holds 14,797 shares of the business.
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 279.37M and an Enterprise Value of 328.57M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.31. Its current Enterprise Value per Revenue stands at 0.37 whereas that against EBITDA is -1.42.
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 $9.19. The 50-Day Moving Average of the stock is 16.08, while the 200-Day Moving Average is calculated to be 32.98.
Shares Statistics:
IRBT traded an average of 2.79M shares per day over the past three months and 2.42M shares per day over the past ten days. A total of 27.96M shares are outstanding, with a floating share count of 27.03M. Insiders hold about 3.33% of the company’s shares, while institutions hold 77.95% stake in the company. Shares short for IRBT as of Feb 29, 2024 were 9.09M with a Short Ratio of 3.26, compared to 7.95M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 32.49% and a Short% of Float of 45.75%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of -$2 for the current quarter, with a high estimate of -$1.96 and a low estimate of -$2.03, while EPS last year was -$1.67. The consensus estimate for the next quarter is -$1.38, with high estimates of -$1.14 and low estimates of -$1.78.
Analysts are recommending an EPS of between -$3.5 and -$3.83 for the fiscal current year, implying an average EPS of -$3.64. EPS for the following year is -$1.42, with 3 analysts recommending between -$0.59 and -$2.18.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $155.77M to a low estimate of $139.45M. As of the current estimate, Irobot Corp’s year-ago sales were $160.29M, an estimated decrease of -9.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $167.01M, a decrease of -29.40% less than the figure of -$9.60% in the same quarter last year. There is a high estimate of $175.06M for the next quarter, whereas the lowest estimate is $155.96M.
A total of 4 analysts have provided revenue estimates for IRBT’s current fiscal year. The highest revenue estimate was $835.43M, while the lowest revenue estimate was $824.7M, resulting in an average revenue estimate of $829.81M. In the same quarter a year ago, actual revenue was $890.58M, down -6.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $842.64M in the next fiscal year. The high estimate is $860M and the low estimate is $828.63M. The average revenue growth estimate for next year is up 1.50% from the average revenue estimate for this year.
