Irobot Corp (NASDAQ: IRBT) is -79.16% lower on its value in year-to-date trading and has touched a low of $5.83 and a high of $39.17 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 $7.95 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $8.06, the stock is -2.18% and 1.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 1.45% at the moment leaves the stock -6.72% off its SMA200. IRBT registered -78.98% loss for a year compared to 6-month loss of -10.69%. The firm has a 50-day simple moving average (SMA 50) of $7.9598 and a 200-day simple moving average (SMA200) of $8.65545.
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The stock witnessed a 8.26% gain in the last 1 month and extending the period to 3 months gives it a -0.43%, and is 3.80% 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 7.76% over the week and 8.12% over the month.
Irobot Corp (IRBT) has around 1113 employees, a market worth around $246.45M and $795.40M in sales. Profit margin for the company is -16.60%. Distance from 52-week low is 38.34% and -79.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-36.69%).
The EPS is expected to grow by 36.87% this year
232.0 institutions hold shares in Irobot Corp (IRBT), with institutional investors hold 71.92% of the company’s shares. The shares outstanding are 30.56M, and float is at 28.61M with Short Float at 10.46%. Institutions hold 68.42% 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
Irobot Corp disclosed in a document filed with the SEC on Sep 16 ’24 that ZEILER JULIE (EVP, Chief Financial Officer) sold a total of 451 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $7.29 per share for $3288.0. Following the transaction, the insider now directly holds 0.12 million shares of the IRBT stock.
Still, SEC filings show that on Sep 16 ’24, JULIE ZEILER (Officer) Proposed Sale 451 shares at an average price of $7.24 for $3263.0. The insider now directly holds shares of Irobot Corp (IRBT).
