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 stair. The company sells its robots through various distribution channels, including chain stores and other national retailers, its online store, and value-added distributors and resellers. iRobot Corporation was founded in 1990 and is headquartered in Bedford, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Household appliances
Sub-IndustryHousehold Appliances
SectorIndustrial Products
Current SymbolNASDAQ:IRBT
Previous Symbol
CUSIP46272610
Phone781-430-3000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.59
Quick Ratio1.65
Price-To-Earnings
Trailing P/E Ratio52.46
Forward P/E Ratio34.65
P/E Growth1.62
Sales & Book Value
Annual Sales$883.91 million
Price / Sales2.91
Cash Flow$2.7891 per share
Price / Cash33.29
Book Value$18.19 per share
Price / Book5.10
Profitability
EPS (Most Recent Fiscal Year)$1.77
Net Income$50.96 million
Net Margins6.52%
Return on Equity15.95%
Return on Assets11.70%
Miscellaneous
Employees920
Outstanding Shares27,690,000
Market Cap$2.53 billion
OptionableOptionable
iRobot (NASDAQ:IRBT) Frequently Asked Questions
What is iRobot's stock symbol?
iRobot trades on the NASDAQ under the ticker symbol "IRBT."
How will iRobot's stock buyback program work?
iRobot declared that its board has approved a share repurchase plan on Wednesday, February 28th 2018, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.
How were iRobot's earnings last quarter?
iRobot Co. (NASDAQ:IRBT) posted its quarterly earnings results on Tuesday, October, 23rd. The industrial products company reported $1.12 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.48 by $0.64. The industrial products company earned $264.50 million during the quarter, compared to analyst estimates of $245.12 million. iRobot had a net margin of 6.52% and a return on equity of 15.95%. The business's quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 earnings per share. View iRobot's Earnings History.
When is iRobot's next earnings date?
What guidance has iRobot issued on next quarter's earnings?
iRobot issued an update on its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share (EPS) guidance of $2.55-2.75 for the period, compared to the Thomson Reuters consensus estimate of $2.63. The company issued revenue guidance of $1.08-1.09 billion, compared to the consensus revenue estimate of $1.07 billion.iRobot also updated its FY 2018 guidance to $2.55-2.75 EPS.
What price target have analysts set for IRBT?
10 brokerages have issued 1 year price objectives for iRobot's shares. Their forecasts range from $62.00 to $115.00. On average, they expect iRobot's stock price to reach $85.60 in the next year. This suggests that the stock has a possible downside of 7.8%. View Analyst Price Targets for iRobot.
What is the consensus analysts' recommendation for iRobot?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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, "Over the past six months, iRobit’s shares have outperformed the industry. The company’s third-quarter 2018 adjusted earnings came in at $1.12 per share, remarkably outpacing the Zacks Consensus Estimate of 44 cents, as well as came in higher than the year-ago tally of 76 cents per share. iRobot believes stronger demand for innovative home-robotic products and marketing programswill continue to drive its revenues and profitability in the upcoming quarters. However, the 10% tariff imposed on China-manufactured robotic vacuums might impose near-term cost pressure on iRobot. Also, business rivalry within the U.S. robotic vacuum cleaning market remains a cause of concern." (10/29/2018)
- 2. Canaccord Genuity analysts commented, "We hosted IRBT CEO in Boston. Today’s presentation highlighted the still largely underpenetrated nature of the company’s core robotic vacuum market and Roomba’s continued leadership within that space despite the competitive threats that have entered the market over the past few years. We maintain our $80 price target and remain on the sidelines with the stock until a clearer picture of IRBT’s new product road map emerges given the dependence on new product contributions in guidance." (8/10/2018)
Has iRobot been receiving favorable news coverage?
Media headlines about IRBT stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. iRobot earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future.
Who are some of iRobot's key competitors?
Who are iRobot's key executives?
iRobot's management team includes the folowing people:
- Mr. Colin M. Angle, Co-Founder, Chairman & CEO (Age 51)
- Ms. Alison Dean, Exec. VP, CFO, Treasurer & Principal Accounting Officer (Age 53)
- Mr. Christian Cerda, Chief Operating Officer (Age 48)
- Mr. Glen D. Weinstein, Exec. VP, Chief Legal Officer & Sec. (Age 47)
- Mr. Russell J. Campanello, Exec. VP of HR & Corp. Communications (Age 62)
Who are iRobot's major shareholders?
iRobot's stock is owned by many different of institutional and retail investors. Top institutional investors include Primecap Management Co. CA (15.03%), BlackRock Inc. (14.10%), FMR LLC (8.71%), Mirae Asset Global Investments Co. Ltd. (2.57%), Baillie Gifford & Co. (2.52%) and Dimensional Fund Advisors LP (2.46%). Company insiders that own iRobot stock include Alison Dean, Andrea Geisser, Andrew Miller, Christian Cerda, Colin M Angle, Deborah G Ellinger, Glen Daniel Weinstein, Michael Bell, Mohamad Ali, Ronald Chwang and Russell J Campanello. View Institutional Ownership Trends for iRobot.
Which institutional investors are selling iRobot stock?
IRBT stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Pictet Asset Management Ltd., Vident Investment Advisory LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Rothschild & Co. Asset Management US Inc., BlackRock Inc. and Shell Asset Management Co.. Company insiders that have sold iRobot company stock in the last year include Alison Dean, Andrew Miller, Christian Cerda, Colin M Angle, Deborah G Ellinger, Glen Daniel Weinstein, Michael Bell, Mohamad Ali and Russell J Campanello. View Insider Buying and Selling for iRobot.
Which institutional investors are buying iRobot stock?
IRBT stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., FMR LLC, Primecap Management Co. CA, Columbus Circle Investors, Wells Fargo & Company MN, EAM Investors LLC, Engineers Gate Manager LP and First Trust Advisors LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is iRobot's stock price today?
One share of IRBT stock can currently be purchased for approximately $92.85.
How big of a company is iRobot?
iRobot has a market capitalization of $2.53 billion and generates $883.91 million in revenue each year. The industrial products company earns $50.96 million in net income (profit) each year or $1.77 on an earnings per share basis. iRobot employs 920 workers across the globe.
What is iRobot's official website?
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]
MarketBeat Community Rating for iRobot (NASDAQ IRBT)
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.
