Market Watch: Irobot Corp (IRBT)’s Noteworthy Gain, Closing at 11.52

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As of close of business last night, Irobot Corp’s stock clocked out at $11.52, up 7.87% from its previous closing price of $10.68. In other words, the price has increased by $7.87 from its previous closing price. On the day, 1.5 million shares were traded. IRBT stock price reached its highest trading level at $11.735 during the session, while it also had its lowest trading level at $10.81.

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 1.15 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.96.

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 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 331284096 and an Enterprise Value of 392989248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 0.251 whereas that against EBITDA is 8.642.

Stock Price History:

The Beta on a monthly basis for IRBT is 0.91, which has changed by -0.76378924 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. 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 18.75%, while the 200-Day Moving Average is calculated to be -42.61%.

Shares Statistics:

It appears that IRBT traded 1.50M shares on average per day over the past three months and 1093470 shares per day over the past ten days. A total of 27.96M shares are outstanding, with a floating share count of 27.37M. Insiders hold about 4.83% of the company’s shares, while institutions hold 70.26% stake in the company. Shares short for IRBT as of 1719532800 were 5138979 with a Short Ratio of 3.42, compared to 1717113600 on 6253937. Therefore, it implies a Short% of Shares Outstanding of 5138979 and a Short% of Float of 25.15.

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