With 3.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.24 million shares. During the session, the Furnishings, Fixtures & Appliances company that operates in wider Consumer Cyclical sector, reached to the highest price of $12.65 whereas the lowest price it dropped to was $11.51. The 52-week range on IRBT shows that it touched its highest point at $38.36 and its lowest point at $5.83 during that stretch. It currently has a 1-year price target of $11.00. Beta for the stock currently stands at 0.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IRBT was up-trending over the past week, with a rise of 55.27%, but this was up by 42.26% over a month. Three-month performance surged to 50.31% while six-month performance rose 40.78%. The stock lost -67.43% in the past year, while it has gained 57.68% so far this year. A look at the trailing 12-month EPS for IRBT yields -4.60 with Next year EPS estimates of -1.49. For the next quarter, that number is -1.45. This implies an EPS growth rate of 36.87% for this year and 69.47% for next year.
Float and Shares Shorts:
At present, 30.56 million IRBT shares are outstanding with a float of 28.61 million shares on hand for trading. On 2024-12-13, short shares totaled 2.99 million, which was 979.0000000000001 higher than short shares on 1731628800. In addition to Mr. Russell J. Campanello as the firm’s Advisor, Mr. Gary S. Cohen serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.67560995 of IRBT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, IRBT reported revenue of $193435000.0 and operating income of $9179000.0. The EBITDA in the recently reported quarter was $7797000.0 and diluted EPS was -$0.21.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IRBT since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IRBT analysts setting a high price target of 11.94 and a low target of 11.0, the average target price over the next 12 months is 11.47. Based on these targets, IRBT could drop -2.29% to reach the target high and fall by -9.98% to reach the target low. Reaching the average price target will result in a decline of -6.14% from current levels.
Analysts have provided yearly estimates in a range of -$4.58361 being high and -$5.2781 being low. For IRBT, this leads to a yearly average estimate of -$4.88.
