iRobot (IRBT) Stock Price, News & Analysis

Company Overview

iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The company offers floor care products, including Roomba floor vacuuming robots; Roomba accessories and consumables, such as the Clean Base Automatic Dirt Disposal, replacement dirt disposal bags for the Clean Base, filters, brushes, and batteries; Braava family of automatic floor mopping robots; and Braava accessories and consumables, which include cleaning solution, washable and disposable mopping pads, replacement tanks, and batteries, as well as subscription services. It also provides Root robots for coding, discovery, and play; Roomba Combo mopping and vacuuming robot; and accessories, including robot vacuum and mop, handheld vacuum, and air purifier, educational coding robot, and accessory bundles. The company sells its products through chain stores and other national retailers, value- added distributors, and resellers, as well as through its website and app, and e-commerce websites. iRobot Corporation was incorporated in 1990 and is headquartered in Bedford, Massachusetts.

Key Stats

• Today's Range: $9.50 to $10.60
• 50-Day Range: $5.97 to $9.55
• 52-Week Range: $5.83 to $42.14
• Volume: 1.88 million shs
• Average Volume: 1.79 million shs
• Market Capitalization: $314.69 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.00
• Consensus Rating: Hold

iRobot Stock Analysis - MarketRank™

iRobot scored higher than 76% of companies evaluated by MarketBeat, and ranked 75th out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

iRobot has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

iRobot has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for iRobot are expected to grow in the coming year, from ($4.43) to ($1.53) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of iRobot is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of iRobot is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

iRobot has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

16.72% of the float of iRobot has been sold short.

Short Interest Ratio / Days to Cover

iRobot has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in iRobot has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

iRobot does not currently pay a dividend.

Dividend Growth

iRobot does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -1.67

Percentage of Shares Shorted

16.72% of the float of iRobot has been sold short.

Short Interest Ratio / Days to Cover

iRobot has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in iRobot has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.13

News Sentiment

iRobot has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for iRobot this week, compared to 8 articles on an average week.

Search Interest

7 people have searched for IRBT on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added iRobot to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, iRobot insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,288.00 in company stock.

Percentage Held by Insiders

Only 2.04% of the stock of iRobot is held by insiders.

Percentage Held by Institutions

77.42% of the stock of iRobot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IRBT Stock Analysis - Frequently Asked Questions

How have IRBT shares performed this year?

iRobot's stock was trading at $38.70 at the start of the year. Since then, IRBT shares have decreased by 73.4% and is now trading at $10.31.
View the best growth stocks for 2024 here.

How were iRobot's earnings last quarter?

iRobot Co. (NASDAQ:IRBT) posted its quarterly earnings results on Tuesday, August, 6th. The industrial products company reported ($1.96) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.77) by $0.19. The firm's quarterly revenue was down 29.7% compared to the same quarter last year.

Does iRobot have any subsidiaries?

iRobot subsidiaries include Aeris Cleantec AG, Root Robotics, Robopolis, Sales On Demand Corp, Evolution Robotics, Aeris Beijing Ltd., Aeris Cleantec AG, and others.

Who are iRobot's major shareholders?

iRobot's top institutional investors include Private Advisor Group LLC (0.26%), Equitec Proprietary Markets LLC, KG&L Capital Management LLC (0.04%) and Harbor Capital Advisors Inc. (0.04%). Insiders that own company stock include Julie Zeiler and Colin M Angle.
View institutional ownership trends.

How do I buy shares of iRobot?

Shares of IRBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of iRobot own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iRobot investors own include Humana (HUM), American Water Works (AWK), NVIDIA (NVDA), Meta Platforms (META), Voyager Therapeutics (VYGR), Waste Connections (WCN) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 11/05/2024
• Next Earnings (Confirmed): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Household appliances
• Sub-Industry: Household Appliances
• Current Symbol: NASDAQ:IRBT
• CUSIP: 46272610
• CIK: 1159167
• Web: www.irobot.com
• Phone: (781) 430-3000
• Fax: 781-430-3001
• Employees: 1,113
• Year Founded: 1990

Price Target and Rating

• Average Stock Price Target: $13.00
• High Stock Price Target: $13.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +38.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($7.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-304,710,000.00
• Net Margins: -25.29%
• Pretax Margin: -24.29%
• Return on Equity: -128.49%
• Return on Assets: -37.13%

Debt

• Debt-to-Equity Ratio: 1.16
• Current Ratio: 1.53
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $890.58 million
• Price / Sales: 0.32
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $7.03 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 30,230,000
• Free Float: 29,614,000
• Market Cap: $283.86 million
• Optionable: Optionable
• Beta: 0.86