Market Watch Highlights: Irobot Corp (IRBT) Ends on an Downturn Note at 9.02

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, Irobot Corp’s stock clocked out at $9.02, down -1.20% from its previous closing price of $9.13. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 1.61 million shares were traded. IRBT stock price reached its highest trading level at $9.4 during the session, while it also had its lowest trading level at $8.98.

Ratios:

To gain a deeper understanding of IRBT’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 259390864 and an Enterprise Value of 293005920. 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 1.28. Its current Enterprise Value per Revenue stands at 0.187 whereas that against EBITDA is 6.444.

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 $6.48. The 50-Day Moving Average of the stock is 0.50%, while the 200-Day Moving Average is calculated to be -66.33%.

Shares Statistics:

It appears that IRBT traded 2.13M shares on average per day over the past three months and 1469070 shares per day over the past ten days. A total of 27.96M shares are outstanding, with a floating share count of 27.54M. Insiders hold about 3.16% of the company’s shares, while institutions hold 74.40% stake in the company. Shares short for IRBT as of 1713139200 were 8109541 with a Short Ratio of 3.81, compared to 1710460800 on 9435806. Therefore, it implies a Short% of Shares Outstanding of 8109541 and a Short% of Float of 39.69.

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