Irobot Corp (NASDAQ: IRBT) is -80.79% lower on its value in year-to-date trading and has touched a low of $6.48 and a high of $42.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IRBT stock was last observed hovering at around $7.37 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $7.43, the stock is -10.62% and -20.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.61 million and changing 0.88% at the moment leaves the stock -53.24% off its SMA200. IRBT registered -80.93% loss for a year compared to 6-month gain of -34.84%.
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The stock witnessed a -36.94% loss in the last 1 month and extending the period to 3 months gives it a -22.23%, and is -1.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.23% over the week and 9.62% over the month.
Irobot Corp (IRBT) has around 1113 employees, a market worth around $224.76M and $786.10M in sales. Profit margin for the company is -26.06%. Distance from 52-week low is 14.74% and -82.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.28%).
The EPS is expected to grow by 53.49% this year
238.0 institutions hold shares in Irobot Corp (IRBT), with institutional investors hold 70.87% of the company’s shares. The shares outstanding are 30.23M, and float is at 28.67M with Short Float at 17.65%. Institutions hold 68.26% of the Float.
The top institutional shareholder in the company is AMERIPRISE FINANCIAL INC with over 2.59 million shares valued at $23.63 million. The investor’s holdings represent 9.2086 of the IRBT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.23 million shares valued at $20.31 million to account for 7.9152 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.54 million shares representing 5.4561 and valued at over $14.0 million, while PRIMECAP MANAGEMENT CO/CA/ holds 5.2255 of the shares totaling 1.47 million with a market value of $13.41 million.
Irobot Corp (IRBT) Insider Activity
The most recent transaction is an insider purchase by Cohen Gary, the company’s President & CEO. SEC filings show that Cohen Gary bought 2,050 shares of the company’s common stock on May 15 ’24 at a price of $12.29 per share for a total of $25189.0. Following the purchase, the insider now owns 2150.0 shares.
Irobot Corp disclosed in a document filed with the SEC on Feb 29 ’24 that Angle Colin M (Director) sold a total of 179,503 shares of the company’s common stock. The trade occurred on Feb 29 ’24 and was made at $11.46 per share for $2.06 million. Following the transaction, the insider now directly holds 14797.0 shares of the IRBT stock.
