Irobot Corp (NASDAQ: IRBT) is -56.90% 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 $3.33 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $3.34, the stock is -33.07% and -52.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 0.30% at the moment leaves the stock -59.00% off its SMA200. IRBT registered -59.22% loss for a year compared to 6-month gain of -54.18%. The firm has a 50-day simple moving average (SMA 50) of $7.1466 and a 200-day simple moving average (SMA200) of $8.17975.
The stock witnessed a -54.77% loss in the last 1 month and extending the period to 3 months gives it a -55.11%, and is -2.05% 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 7.81% over the week and 11.09% over the month.
Irobot Corp (IRBT) has around 541 employees, a market worth around $102.30M and $666.43M in sales. Profit margin for the company is -21.84%. Distance from 52-week low is 11.89% and -76.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.34%).
The EPS is expected to grow by 65.76% this year
228.0 institutions hold shares in Irobot Corp (IRBT), with institutional investors hold 62.72% of the company’s shares. The shares outstanding are 30.63M, and float is at 28.69M with Short Float at 17.78%. Institutions hold 59.67% 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 7.6079 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
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).
