NASDAQ:IRBT - iRobot Stock Price, Forecast & News

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

iRobot declared that its board has initiated a stock buyback program on Wednesday, February 28th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

iRobot Co. (NASDAQ:IRBT) announced its quarterly earnings data on Wednesday, February, 5th. The industrial products company reported $0.70 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.28. The industrial products company earned $426.80 million during the quarter, compared to analyst estimates of $415.95 million. iRobot had a net margin of 7.03% and a return on equity of 14.42%. The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 earnings per share. 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 updated its FY20 earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of $0.55-1.15 for the period, compared to the Thomson Reuters consensus 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 brokerages have issued 12 month price objectives for iRobot's stock. Their forecasts range from $40.00 to $126.87. On average, they anticipate iRobot's share price to reach $70.23 in the next twelve months. This suggests a possible upside of 46.4% 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 coverage about IRBT stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. iRobot earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. 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 number of of retail and institutional investors. Top institutional investors 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, 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 $47.99.

iRobot has a market capitalization of $1.36 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.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]