Currently, there are 30.56M common shares owned by the public and among those 28.61M shares have been available to trade.
The company’s stock has a 5-day price change of 59.75% and 49.41% over the past three months. IRBT shares are trading 63.87% year to date (YTD), with the 12-month market performance down to -66.87% lower. It has a 12-month low price of $5.83 and touched a high of $38.70 over the same period. IRBT has an average intraday trading volume of 1.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 48.47%, 57.64%, and 47.03% respectively.
Institutional ownership of Irobot Corp (NASDAQ: IRBT) shares accounts for 66.92% of the company’s 30.56M shares outstanding.
It has a market capitalization of $483.78M and a beta (3y monthly) value of 0.79. The earnings-per-share (ttm) stands at -$4.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 13.00% over the week and 9.34% over the month.
Earnings per share for the fiscal year are expected to increase by 36.87%, and 69.47% over the next financial year.
Looking at the support for the IRBT, a number of firms have released research notes about the stock. JP Morgan stated their Underweight rating for the stock in a research note on May 06, 2022, with the firm’s price target at $65-$45. Northland Capital coverage for the Irobot Corp (IRBT) stock in a research note released on March 24, 2022 offered a Outperform rating with a price target of $85. JP Morgan was of a view on July 29, 2021 that the stock is Neutral, while JP Morgan gave the stock Overweight rating on February 11, 2021, issuing a price target of $101- $166. Northland Capital on their part issued Market Perform rating on January 28, 2021.
