IRobot Corporation (IRBT) Consensus EPS Outlook

Profitability ratios compare different accounts to see how efficiently a business is generating profits. The company believes that sturdy demand, meaningful innovation investments and the planned Robiolas buyout would boost its results in the quarters ahead. "Notably, the company raised its earnings and revenue guidance for full-year 2017". IRobot Corporation had 20 analyst reports since September 18, 2015 according to SRatingsIntel. The stock of iRobot Corporation (NASDAQ:IRBT) has "Neutral" rating given on Wednesday, January 6 by JP Morgan. downgraded iRobot Corporation (NASDAQ:IRBT) on Monday, July 3 to "Neutral" rating.

In reaction, Burleson slashed his price target for IRBT from $95 to $65 while reiterating a Hold rating on the stock. A company with a high P/E ratio usually indicated positive future performance and investors are willing to pay more for this company's shares. Dougherty & Co cut iRobot Corporation from a "buy" rating to a "neutral" rating in a research note on Monday, July 3rd. The current consensus analyst recommendation is sitting at 3.00 on company shares. Zooming out to the 50-Day Simple Moving Average, we can see a difference of -19.63% from current stock levels. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. However, these more frequent signals may also result in more "whipsaws", resulting in erroneous trade signals. iRobot Corporation (IRBT) recently closed with fall of -2.35% to its 20-Day Simple Moving Average.

iRobot Corporation (NASDAQ:IRBT) last issued its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.16. The company had revenue of $183.14 million for the quarter, compared to analyst estimates of $174.65 million. iRobot Corporation had a return on equity of 14.05% and a net margin of 7.84%.

WYN's revenue has grown at an average annualized rate of about 5.6% during the past five years. Looking out over the past year, company shares have been recorded -38.00% off the 52 week high and 55.21% away from the low over the same period.

Bedford, Mass. -based iRobot earned 76 cents a share, up 9% year over year, on sales of $205.4 million, up 22%, in the September quarter.

ILLEGAL ACTIVITY WARNING: This article was first published by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are accessing this piece on another website, it was copied illegally and republished in violation of worldwide trademark and copyright legislation. Following the sale, the executive vice president now owns 80,458 shares of the company's stock, valued at approximately $8,449,699.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The shares were sold at an average price of $100.00, for a total value of $3,380,900.00. The rating was maintained by Canaccord Genuity on Wednesday, August 9 with "Hold". The disclosure for this sale can be found here. Insiders sold 66,237 shares of company stock valued at $6,665,295 over the last 90 days.

Several other hedge funds and other institutional investors have also made changes to their positions in IRBT. Creative Planning lifted its stake in shares of iRobot Corporation by 14.0% during the second quarter. As a company's earnings per share being to rise, so does their market value per share. Finally, Sciencast Management LP acquired a new position in shares of iRobot Corporation in the second quarter worth approximately $438,000.

So while it's hard to blame the market for bidding iRobot stock down as Jensen revived fears of up-and-coming competition, I suspect this drop will prove to be a wonderful buying opportunity for patient, long-term investors. Old Mutual Global Investors UK Ltd. lifted its position in shares of iRobot Corporation by 363.7% during the 2nd quarter. It turned negative, as 36 investors sold iRobot Corporation shares while 70 reduced holdings. Irobot Corp now has $2.08 billion valuation. BEVERIDGE CRAWFORD W sold 7,000 shares worth $779,660. However, the institutional investors are observed to own 82.40% of the total shares.

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