Analysts Say You Should Hold Your Position In Irobot Corp (NASDAQ: IRBT)

Irobot Corp (NASDAQ:IRBT) traded at $2.80 at close of the session on Monday, May 12 and made an upward move of 9.80% on its previous day’s price.

Irobot Corp has a market cap of $87.11 million and is expected to release its quarterly earnings report in June.

On the other hand, looking at the outlook for the IRBT stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell.

Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Irobot Corp (IRBT) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 21.81% off its SMA20 and -12.21% from its 50-day simple moving average. The RSI (14) is pointing at 53.49 while the volatility over the past week is 10.34% and jumps to 11.52% over the past one month. The beta value is 0.74, while the average true range (ATR) is currently pointing at 0.31. The average price target for the stock over the next 12 months is $65, with the estimates having a low of $45 and a high of $85. These price ends are -1507.14% and -2935.71% off the current price level respectively, although investors could be excited at the prospect of a -2221.43% if the IRBT share price touches on the median price of $65.

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