Irobot Corp (NASDAQ: IRBT) is -51.35% lower on its value in year-to-date trading and has touched a low of $2.98 and a high of $14.51 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 $3.70 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $3.77, the stock is -45.28% and -53.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.27 million and changing 1.89% at the moment leaves the stock -54.94% off its SMA200. IRBT registered -61.49% loss for a year compared to 6-month gain of -47.20%. The firm has a 50-day simple moving average (SMA 50) of $8.025 and a 200-day simple moving average (SMA200) of $8.3664.
The stock witnessed a -59.64% loss in the last 1 month and extending the period to 3 months gives it a -56.77%, and is -41.82% 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 21.29% over the week and 12.06% over the month.
Irobot Corp (IRBT) has around 541 employees, a market worth around $115.47M and $666.43M in sales. Profit margin for the company is -21.84%. Distance from 52-week low is 26.30% and -74.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.34%).
with sales reaching $125M over the same period.The EPS is expected to grow by 65.76% this year, but quarterly earnings will post -9.80% year-over-year. Quarterly sales are estimated to shrink -16.67% in year-over-year returns.
Irobot Corp (IRBT) Top Institutional Holders
226.0 institutions hold shares in Irobot Corp (IRBT), with institutional investors hold 62.64% of the company’s shares. The shares outstanding are 30.63M, and float is at 28.69M with Short Float at 18.07%. Institutions hold 59.60% 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 8.851% 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 5.0226 of the shares totaling 1.47 million with a market value of $13.41 million.
Irobot Corp (IRBT) Insider Activity
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Still, SEC filings show that on Sep 16 ’24, ZEILER JULIE (EVP, Chief Financial Officer) disposed off 451 shares at an average price of $7.29 for $3288.0. The insider now directly holds 117,604 shares of Irobot Corp (IRBT).
