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
SymbolNASDAQ:IRBT
CUSIP46272610
Phone781-430-3000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.97
Quick Ratio2.12
Price-To-Earnings
Trailing P/E Ratio40.69
Forward P/E Ratio31.63
P/E Growth1.89
Sales & Book Value
Annual Sales$883.91 million
Price / Sales2.29
Cash Flow$2.6941 per share
Price / Cash27.00
Book Value$16.87 per share
Price / Book4.31
Profitability
EPS (Most Recent Fiscal Year)$1.77
Net Income$50.96 million
Net Margins5.90%
Return on Equity12.95%
Return on Assets9.59%
Miscellaneous
Employees920
Outstanding Shares27,810,000
Market Cap$2,059.22
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 announced that its board has authorized a stock repurchase plan on Wednesday, February 28th 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were iRobot's earnings last quarter?
iRobot Co. (NASDAQ:IRBT) posted its quarterly earnings results on Wednesday, February, 7th. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.29. The industrial products company earned $327 million during the quarter, compared to analyst estimates of $319.02 million. iRobot had a return on equity of 12.95% and a net margin of 5.90%. The company's revenue was up 53.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.45 EPS. View iRobot's Earnings History.
When is iRobot's next earnings date?
What price target have analysts set for IRBT?
11 equities research analysts have issued 12-month target prices for iRobot's stock. Their forecasts range from $62.00 to $78.00. On average, they expect iRobot's stock price to reach $69.25 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Ratings for iRobot.
What is the consensus analysts' recommendation 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."
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, "iRobot reported better-than-expected first-quarter 2018 results. Quarterly adjusted earnings of 66 cents per share surpassed the Zacks Consensus Estimate by 32%. The upside stemmed from sturdy demand for home-robotic products and the Robopolis acquisition. iRobot believes the ongoing marketing programs will continue to drive its revenue growth in the upcoming quarters. However, over the last three months, iRobot’s stock has underperformed and looks overvalued compared to the industry. Lingering headwinds such as stiff rivalry in the U.S. robotic vacuum cleaning market or a sudden supply chain issue might hurt the company’s revenues and profitability in the quarters ahead." (4/27/2018)
- 2. Canaccord Genuity analysts commented, "strong" performance in the U.S. and European market but was accompanied with a "disappointing" (10/26/2017)
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)
Has iRobot been receiving favorable news coverage?
News coverage about IRBT stock has been trending somewhat positive on Monday, Accern reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. iRobot earned a news impact score of 0.11 on Accern's scale. They also assigned media headlines about the industrial products company an impact score of 45.88 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are iRobot's major shareholders?
iRobot's stock is owned by a variety of of institutional and retail 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.
Which institutional investors are selling iRobot stock?
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.
Which institutional investors are buying iRobot stock?
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.
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 $72.73.
How big of a company is iRobot?
iRobot has a market capitalization of $2.06 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.
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.
