iRobot Corporation (IRBT): Detailed Summary on Technology Stock


iRobot Corporation (NASDAQ:IRBT) changes shares on Monday trading session, with a change of 9.56% or $7.19 shares. The trading starts at $80.95 and closed at $75.20 throughout the day. The trading session low price was $78.50 and day high was $87.20 on Monday, June 15. After the session, the Technology sector daily volume shifted to 4.84 million while its average volume is 1.07M. In other hand, the IRBT market cap reached to $2.28B. While, its current target price is $82.39 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.51% and up 29.93% for month. Its quarterly performance was 129.63% above, while its half year performance is up 67.46%. IRBT yearly performance stood at negative -6.90% and rise 62.73% for year-to-date. Current recommendation for iRobot Corporation is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. IRBT EPS (TTM) for 12-month is 1.55. EPS for this year is -5.70%, while for the next year its value is 2.08. Sales growth for the current quarter is 2.95 while its EPS Q/Q reached -181.90%. It has an EPS of 18.90% up for past five years and for the next five years will be up 18.00%.

Let’s take a look on the analyst recommendations on IRBT for the current month and previous month. For the current month, 2 of 8 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 8 analysts participate in stock recommendation. Out of 8, 1 rated it sell, 1 rated it as Buy and 6 as Hold Ratings. On the other hand, target price ranges from $50.00-$81.00. Average target price for IRBT was reached at $71.33.

Blackrock Inc., Primecap Management Company and Vanguard Group, Inc. (The) are the top three holders in iRobot Corporation (IRBT) stock. On Mar 30, 2020, Blackrock Inc. has 4.37 million shares which valued 178.63 million. On Mar 30, 2020, Primecap Management Company owned 3.78 million shares which valued at 154.75 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 3.02 million shares which valued at 123.58 million. In the end, Vanguard Group, Inc. (The) have 10.84% shares outstanding of iRobot Corporation (IRBT) on Mar 30, 2020. The insider ownership moved to 2.80%.

The company posted an EPS (TTM) of 1.55. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of -0.45, while 0.25 EPS posted a year ago period. Analyst Estimated EPS for IRBT published in the report was -0.99-0.61 during the same period. Comparing with last year, the average estimated EPS was 0.25 which is higher than -0.32 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for IRBT rise 52.99% for period of 200 days. SMA for 50 days was 32.11% which is showing green signal, while SMA-20 was 9.93%. The moving average value for iRobot Corporation (IRBT) is 53.48 and 69.75 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in IRBT stock. On Jun 08, Saeger Timothy, EVP, Chief R&D Officer, sold 8,155 trading shares at the cost of $81.19, which valued at 0.66 million. On Jun 08, Miller Andrew, Director, sold 900 shares at the cost of $81.83, with total shares of 7,286. On Jun 08, ALI MOHAMAD, Director, sold 803 shares at the cost of 81.83. After this transaction, ALI MOHAMAD total shares reached to 13,965 which valued at 65709.0.