Irobot Corp (NASDAQ:IRBT) traded at $7.78 at close of the session on Friday, April 26, made an upward move of 13.15% on its previous day’s price.
Looking at the stock we see that its previous close was $6.88 . In terms of its 52-week price range, IRBT has a high of $51.49 and a low of $6.48. The company’s stock has lost about -9.37% over that past 30 days.
Irobot Corp has a market cap of $221.41 million. Estimates by analysts give the company expected earnings per share (EPS) of -$2, with the EPS growth for the year raised at -$3.64 for 2024 and -$1.42 for next year. These figures represent 52.90% and 61.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $144.98 million, with a low of $139.45 million and a high of $155.77 million. The median projection represents growth adding up to -9.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $829.81 million, or -6.80% down from figures reported last year.
On the other hand, looking at the outlook for the IRBT stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -3.18% off its SMA20 and -17.74% from its 50-day simple moving average. The RSI (14) is pointing at 44.49 while the volatility over the past week is 8.94% and jumps to 9.69% over the past one month. The beta value is 0.97, while the average true range (ATR) is currently pointing at 0.72.
Coming back to Irobot Corp (NASDAQ:IRBT), we note that the average 3-month trading volume was 2.57 million. Current shares outstanding are 27.96 million.
The insiders hold 3.22% of the company’s shares while institutions hold 76.00%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -79.88% down in year-to-date price movement.
