Irobot Corp (NASDAQ:IRBT) price on Thursday, March 20, fall -7.33% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.16.
A look at the stock’s price movement, the close in the last trading session was $3.41, moving within a range at $3.125 and $3.43. The beta value (5-Year monthly) was 1.188. Turning to its 52-week performance, $14.51 and $2.98 were the 52-week high and 52-week low respectively. Overall, IRBT moved -68.59% over the past month.
Irobot Corp’s market cap currently stands at around $96.78 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-11.
Analysts have a consensus estimate of 125M for the company’s revenue for the quarter, with a low and high estimate of 125M and 125M respectively. The average forecast suggests down to a -16.67% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 615M, representing a -9.80% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that IRBT is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend IRBT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
IRBT’s current price about -46.36% and -58.50% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 26.90, while 7-day volatility ratio is 14.09% and 11.69% in the 30-day chart. Further, Irobot Corp (IRBT) has a beta value of 1.06, and an average true range (ATR) of 0.72. Analysts have given the company’s stock an average 52-week price target of $65, forecast between a low of $45 and high of $85. Looking at the price targets, the low is -1324.05% off current price level while to achieve the yearly target high, price needs to move -2589.87%. Nonetheless, investors will most likely welcome a -1956.96% jump to $65 which is the analysts’ median price.
If we refocus on Irobot Corp (NASDAQ:IRBT), historical trading data shows that trading volumes averaged 4.74 over the past 10 days and 2.51 million over the past 3 months. The company’s latest data on shares outstanding shows there are 30.63 million shares.
The 6.34% of Irobot Corp’s shares are in the hands of company insiders while institutional holders own 58.92% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.18 million on 2025-02-28, giving us a short ratio of 2.7. The data shows that as of 2025-02-28 short interest in Irobot Corp (IRBT) stood at 2332.0 of shares outstanding, with shares short rising to 4.04 million registered in 2025-01-31. Current price change has pushed the stock -59.23% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IRBT stock continues to rise going into the next quarter.
