iRobot (NASDAQ:IRBT - Get Free Report) is set to announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($2.39) per share for the quarter. iRobot has set its FY24 guidance at ($3.73)-($3.30) EPS.Persons that are interested in registering for the company's earnings conference call can do so using this link.
iRobot (NASDAQ:IRBT - Get Free Report) last posted its quarterly earnings results on Monday, February 26th. The industrial products company reported ($2.18) EPS for the quarter. iRobot had a negative net margin of 34.22% and a negative return on equity of 84.78%. The company had revenue of $307.54 million for the quarter.
iRobot Stock Up 1.2 %
Shares of NASDAQ:IRBT traded up $0.10 during midday trading on Tuesday, hitting $8.56. 1,789,388 shares of the stock were exchanged, compared to its average volume of 2,791,996. The company has a market capitalization of $243.45 million, a PE ratio of -0.78 and a beta of 0.91. iRobot has a 52-week low of $6.48 and a 52-week high of $51.49. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.09 and a current ratio of 1.62. The business's fifty day simple moving average is $9.22 and its two-hundred day simple moving average is $22.63.
Insider Transactions at iRobot
In other iRobot news, Director Colin M. Angle sold 179,503 shares of the company's stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $11.46, for a total value of $2,057,104.38. Following the sale, the director now owns 14,797 shares in the company, valued at $169,573.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.04% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several research firms recently weighed in on IRBT. Citigroup cut their price objective on iRobot from $14.00 to $13.00 and set a "neutral" rating for the company in a research report on Monday, March 4th. StockNews.com upgraded shares of iRobot from a "sell" rating to a "hold" rating in a research report on Friday, January 12th.
Get Our Latest Stock Report on IRBT
About iRobot
(
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iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services.
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