NASDAQ:IRBT - iRobot Stock Price, Price Target & More

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

iRobot declared that its Board of Directors has authorized a stock repurchase program on Wednesday, February 28th 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

iRobot Co. (NASDAQ:IRBT) announced its quarterly earnings data on Wednesday, February, 7th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.29. The industrial products company had revenue of $327 million for the quarter, compared to the consensus estimate of $319.02 million. iRobot had a return on equity of 12.95% and a net margin of 5.90%. The company's quarterly revenue was up 53.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 earnings per share. View iRobot's Earnings History.

iRobot is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for iRobot.

11 Wall Street analysts have issued 12-month price objectives for iRobot's shares. Their predictions range from $62.00 to $78.00. On average, they expect iRobot's share price to reach $69.25 in the next year. This suggests that the stock has a possible downside of 11.1%. View Analyst Ratings for iRobot.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iRobot in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to iRobot include Electrolux (ELUXY), Whirlpool (WHR), A. O. Smith (AOS), Sodastream International (SODA), NACCO Industries (NC), GROTE MOLEN Inc/SH (BRTI) and Bollente Companies (BOLC).

News coverage about IRBT stock has trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. iRobot earned a media sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 46.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

iRobot's stock is owned by a number of of retail and institutional investors. Top institutional investors include PRIMECAP MANAGEMENT COMPANY (11.93%), Baillie Gifford & Co. (2.42%), Scout Investments Inc. (0.21%), Municipal Employees Retirement System of Michigan (0.03%), Fox Run Management L.L.C. (0.02%) and FNY Investment Advisers LLC (0.01%). Company insiders that own iRobot stock include Alison Dean, Andrea Geisser, Andrew Miller, Christian Cerda, Colin M Angle, Deborah G Ellinger, Glen Daniel Weinstein, Mohamad Ali, Ronald Chwang 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 Municipal Employees Retirement System of Michigan. Company insiders that have sold iRobot company stock in the last year include Alison Dean, Andrew Miller, Colin M Angle, Deborah G Ellinger, Glen Daniel Weinstein, Mohamad Ali, Ronald Chwang 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 Baillie Gifford & Co., Fox Run Management L.L.C., FNY Investment Advisers LLC and Scout Investments 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, Scottrade, Fidelity and Charles Schwab.

One share of IRBT stock can currently be purchased for approximately $77.89.

iRobot has a market capitalization of $2.22 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.

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]