NASDAQ:IRBTiRobot Stock Price, Forecast & News

$80.37

-0.72 (-0.89 %)

(As of 06/4/2020 01:11 PM ET)

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Today's Range

$80.10

Now: $80.37▼

$81.27

50-Day Range

$46.65

MA: $62.34▼

$77.28

52-Week Range

$32.79

Now: $80.37▼

$96.58

Volume16,482 shs

Average Volume736,085 shs

Market Capitalization$2.24 billion

P/E Ratio51.85

Dividend YieldN/A

Beta1.72

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs. The company sells its robots through various distribution channels, including chain stores and other national retailers, as well as through online store, and value-added distributors and resellers. iRobot Corporation was founded in 1990 and is headquartered in Bedford, Massachusetts.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
iRobot has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 3 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $69.11, iRobot has a potential downside of 14.7% from its current price of $80.98.
Amount of Analyst Coverage
iRobot has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
iRobot has received 546 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
iRobot has received 497 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
iRobot has received 52.35% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about iRobot and other stocks. Vote “Outperform” if you believe IRBT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IRBT will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
iRobot does not currently pay a dividend.
Dividend Growth
iRobot does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, iRobot insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $373,550.00 in company stock.
Percentage Held by Insiders
Only 2.91% of the stock of iRobot is held by insiders.

1.9 Earnings and Valuation

Earnings Growth
Earnings for iRobot are expected to grow by 152.08% in the coming year, from $0.48 to $1.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of iRobot is 52.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of iRobot is 52.25, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.67.
Price to Earnings Growth Ratio
iRobot has a PEG Ratio of 10.56. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
iRobot has a P/B Ratio of 3.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Household appliances

Sub-IndustryHousehold Appliances

SectorIndustrial Products

Current SymbolNASDAQ:IRBT

Previous Symbol

CUSIP46272610

CIK1159167

Webwww.irobot.com

Phone781-430-3000

Debt

Debt-to-Equity Ratio0.09

Current Ratio3.54

Quick Ratio2.47

Price-To-Earnings

Trailing P/E Ratio51.85

Forward P/E Ratio167.44

P/E Growth10.56

Sales & Book Value

Annual Sales$1.21 billion

Price / Sales1.85

Cash Flow$4.58 per share

Price / Cash Flow17.55

Book Value$23.07 per share

Price / Book3.48

Profitability

EPS (Most Recent Fiscal Year)$2.97

Net Income$85.30 million

Net Margins3.82%

Return on Equity7.23%

Return on Assets5.23%

Miscellaneous

Employees1,128

Outstanding Shares27,880,000

Market Cap$2.24 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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iRobot (NASDAQ:IRBT) Frequently Asked Questions

How has iRobot's stock been impacted by COVID-19 (Coronavirus)?

iRobot's stock was trading at $40.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IRBT stock has increased by 101.5% and is now trading at $80.98. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of iRobot?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for iRobot.

When is iRobot's next earnings date?

iRobot is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for iRobot.

How were iRobot's earnings last quarter?

iRobot Co. (NASDAQ:IRBT) released its quarterly earnings data on Tuesday, April, 28th. The industrial products company reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.55) by $0.09. The industrial products company had revenue of $192.50 million for the quarter, compared to analysts' expectations of $181.51 million. iRobot had a net margin of 3.82% and a return on equity of 7.23%. The company's revenue for the quarter was down 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.69 EPS. View iRobot's earnings history.

What guidance has iRobot issued on next quarter's earnings?

iRobot issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, March, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $175-185 million, compared to the consensus revenue estimate of $210.24 million.

What price target have analysts set for IRBT?

11 brokers have issued twelve-month price objectives for iRobot's shares. Their forecasts range from $50.00 to $83.00. On average, they expect iRobot's share price to reach $69.11 in the next year. This suggests that the stock has a possible downside of 14.7%. View analysts' price targets for iRobot.

What are Wall Street analysts saying about iRobot stock?

Here are some recent quotes from research analysts about iRobot stock:

1. According to Zacks Investment Research, "In the past three months, iRobot's shares have outperformed the industry. In first-quarter 2020, its earnings and revenues surpassed estimates by 4.5% and 7%, respectively. In second-half 2020, it anticipates revenues to be better than first-half of the year. Also, cost-saving actions (including workforce reduction and suspension of certain marketing actions for Terra) and the exclusion of Roomba from Section 301 tariffs might aid results. However, it predicts that pandemic-related challenges will persist and impact its performances in the near term. Second-quarter revenues are predicted to decline from the first-quarter level and represent the lowest point in the year. For 2020, revenues are expected to decline on a year-over-year basis. However, tariffs, increased promotional investments and restructuring charges might have adverse impacts." (5/11/2020)
2. Northland Securities analysts commented, "We view this increase as a sign iRobot volumes are growing nicely. Ecovacs ranks about 500 v. about the same last year in iOS, and 60 in Android v. 55 last year. Shark ranks about 400 in iOS in US." (7/17/2019)

Has iRobot been receiving favorable news coverage?

News coverage about IRBT stock has been trending extremely positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. iRobot earned a coverage optimism score of 5.0 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutiRobot.

Are investors shorting iRobot?

iRobot saw a decline in short interest in May. As of May 15th, there was short interest totaling 11,540,000 shares, a decline of 14.1% from the April 30th total of 13,430,000 shares. Based on an average daily volume of 1,220,000 shares, the days-to-cover ratio is presently 9.5 days. Approximately 42.7% of the company's shares are short sold. View iRobot's Current Options Chain.

Who are some of iRobot's key competitors?

Some companies that are related to iRobot include Whirlpool (WHR), A. O. Smith (AOS), Electrolux (ELUXY), Viomi Technology (VIOT), NACCO Industries (NC) and Blackridge Technology International (BRTI). View all competitors.

What other stocks do shareholders of iRobot own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iRobot investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Advanced Micro Devices (AMD), Micron Technology (MU), salesforce.com (CRM), Intel (INTC) and Shopify (SHOP).

Who are iRobot's key executives?

iRobot's management team includes the following people:

Mr. Colin M. Angle, Co-Founder, Chairman & CEO (Age 52)
Ms. Alison Dean, Exec. VP, CFO, Treasurer & Principal Accounting Officer (Age 54)
Mr. Christian Cerda, Chief Operating Officer (Age 49)
Mr. Glen D. Weinstein, Exec. VP, Chief Legal Officer & Sec. (Age 48)
Mr. Russell J. Campanello, Exec. VP of HR & Corp. Communications (Age 63)

What is iRobot's stock symbol?

iRobot trades on the NASDAQ under the ticker symbol "IRBT."

Who are iRobot's major shareholders?

iRobot's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.67%), Primecap Management Co. CA (13.57%), Pictet Asset Management Ltd. (5.32%), Invesco Ltd. (3.44%), State Street Corp (3.24%) and Baillie Gifford & Co. (2.95%). Company insiders that own iRobot stock include Alison Dean, Andrew Miller, Christian Cerda, Colin M Angle, Deborah G Ellinger, Glen Daniel Weinstein, Michael Bell, Michelle Stacy, Mohamad Ali, Ruey Bin Kao and Russell J Campanello. View institutional ownership trends for iRobot.

Which major investors are selling iRobot stock?

IRBT stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Squarepoint Ops LLC, Federated Hermes Inc., Primecap Management Co. CA, BlackRock Inc., Voloridge Investment Management LLC, Vident Investment Advisory LLC, and Legal & General Group Plc. Company insiders that have sold iRobot company stock in the last year include Andrew Miller, Glen Daniel Weinstein, Mohamad Ali, Ruey Bin Kao, and Russell J Campanello. View insider buying and selling activity for iRobot.

Which major investors are buying iRobot stock?

IRBT stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Two Sigma Advisers LP, Advisor Group Holdings Inc., Maverick Capital Ltd., State Street Corp, Morgan Stanley, Morgan Stanley, and Gagnon Securities LLC. View insider buying and selling activity for iRobot.

How do I buy shares of iRobot?

Shares of IRBT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is iRobot's stock price today?

One share of IRBT stock can currently be purchased for approximately $80.98.

How big of a company is iRobot?

iRobot has a market capitalization of $2.26 billion and generates $1.21 billion in revenue each year. The industrial products company earns $85.30 million in net income (profit) each year or $2.97 on an earnings per share basis. iRobot employs 1,128 workers across the globe.

What is iRobot's official website?

The official website for iRobot is www.irobot.com.

How can I contact iRobot?

iRobot's mailing address is 8 CROSBY DRIVE, BEDFORD MA, 01730. The industrial products company can be reached via phone at 781-430-3000 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff