NASDAQ:IRBT - iRobot Stock Price, Forecast & News

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

iRobot declared that its Board of Directors has approved a share repurchase plan on Wednesday, February 28th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

iRobot Co. (NASDAQ:IRBT) issued its quarterly earnings data on Wednesday, February, 5th. The industrial products company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.28. The industrial products company earned $426.80 million during the quarter, compared to the consensus estimate of $415.95 million. iRobot had a net margin of 7.03% and a return on equity of 14.42%. iRobot's revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $0.88 EPS. View iRobot's Earnings History.

iRobot is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for iRobot.

iRobot issued an update on its FY20 earnings guidance on Wednesday, February, 5th. The company provided EPS guidance of $0.55-1.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.99. The company issued revenue guidance of $1.32-1.35 billion, compared to the consensus revenue estimate of $1.32 billion.

10 analysts have issued 12-month price objectives for iRobot's shares. Their forecasts range from $40.00 to $126.87. On average, they expect iRobot's stock price to reach $70.23 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for iRobot.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for iRobot.

Media headlines about IRBT stock have been trending positive on Monday, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. iRobot earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for iRobot.

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).

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

iRobot's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Pictet Asset Management Ltd. (5.17%), State Street Corp (2.91%), Baillie Gifford & Co. (2.89%), Vident Investment Advisory LLC (1.61%), Commerzbank Aktiengesellschaft FI (1.42%) and Geode Capital Management LLC (1.32%). 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.

IRBT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., PNC Financial Services Group Inc., Gagnon Securities LLC, Principal Financial Group Inc., Raymond James & Associates, Arizona State Retirement System and Maverick Capital Ltd.. 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, Michelle Stacy, Mohamad Ali, Ruey Bin Kao and Russell J Campanello. View Insider Buying and Selling for iRobot.

IRBT stock was acquired by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Commerzbank Aktiengesellschaft FI, Vident Investment Advisory LLC, Tuscan Ridge Asset Management LLC, Hotchkis & Wiley Capital Management LLC, Stifel Financial Corp, Baillie Gifford & Co. and Jacobs Levy Equity Management Inc.. View Insider Buying and Selling for 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.

One share of IRBT stock can currently be purchased for approximately $52.14.

iRobot has a market capitalization of $1.48 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 1,032 workers across the globe.View Additional Information About iRobot.

The official website for iRobot is http://www.irobot.com/.

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]