Irobot Corp (NASDAQ: IRBT) is -81.68% lower on its value in year-to-date trading and has touched a low of $5.83 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 $7.15 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $7.09, the stock is -4.34% and -10.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing -0.84% at the moment leaves the stock -20.65% off its SMA200. IRBT registered -80.02% loss for a year compared to 6-month loss of -25.84%. The firm has a 50-day simple moving average (SMA 50) of $7.8828 and a 200-day simple moving average (SMA200) of $8.9359.
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The stock witnessed a -16.54% gain in the last 1 month and extending the period to 3 months gives it a -4.64%, and is 8.83% up 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 6.47% over the week and 9.15% over the month.
Irobot Corp (IRBT) has around 1113 employees, a market worth around $214.84M and $795.40M in sales. Profit margin for the company is -16.60%. Distance from 52-week low is 21.61% and -83.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.69%).
Irobot Corp quarterly earnings per share for the current quarter are estimated at -1.45 with sales reaching $187.84M over the same period.The EPS is expected to grow by 36.87% this year, but quarterly earnings will post -16.75% year-over-year. Quarterly sales are estimated to shrink -38.92% in year-over-year returns.
234.0 institutions hold shares in Irobot Corp (IRBT), with institutional investors hold 70.68% of the company’s shares. The shares outstanding are 30.56M, and float is at 28.84M with Short Float at 13.89%. Institutions hold 67.68% 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 sale by ZEILER JULIE, the company’s EVP, Chief Financial Officer. SEC filings show that ZEILER JULIE sold 451 shares of the company’s common stock on Sep 16 ’24 at a price of $7.29 per share for a total of $3288.0. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on May 15 ’24, Cohen Gary (President & CEO) acquired 2,050 shares at an average price of $12.29 for $25189.0. The insider now directly holds 2,150 shares of Irobot Corp (IRBT).
