Is iRobot (NASDAQ:IRBT) Finally Worth Your Time? What Does Citigroup Think?

Gotham Asset Mgmt Ltd reported 17,852 shares stake. Columbia Wanger Asset Management LLC now owns 1,378,409 shares of the industrial products company's stock valued at $91,168,000 after buying an additional 131,030 shares during the last quarter. The correct version of this article can be accessed at

The stock increased 1.70% or $1.095 during the last trading session, reaching $65.675. Shares of iRobot Corporation (IRBT) are trading -37.49% downward from the 52-week high mark and 31.66% above from the fifty two-week low mark. It has outperformed by 134.23% the S&P500.

Hawaiian Holdings, Inc. (HA) opened the session with a $41.25 price tag, later ranging from $41 to $43.4, the range at which the stock has traded at throughout the day. (NYSE:BBY) is a huge mover today! Polaris Capital Mngmt Limited Liability Co stated it has 0.1% of its portfolio in Hercules Capital, Inc. MFS Special Value Trust (NYSE:MFV) has risen 14.42% since December 4, 2016 and is uptrending. The company was initiated on Wednesday, January 18 by Piper Jaffray. Finally, Citigroup initiated coverage on shares of iRobot in a research report on Monday.

iRobot (NASDAQ:IRBT) last announced its quarterly earnings data on Tuesday, October 24th. IRBT's profit will be $8.36 million for 53.82 P/E if the $0.30 EPS becomes a reality. The industrial products company reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.16. RBC Capital Markets maintained Hercules Capital, Inc. Advisory Network Lc owns 4,005 shares. Kulicke & Soffa Inds Inc (NASDAQ:KLIC) was raised too.

Investors sentiment decreased to 1.05 in 2017 Q2.

In an overview of the current analyst recommendations, Buy count is 4 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 1 and 1, respectively. It worsened, as 36 investors sold IRBT shares while 70 reduced holdings.

Other hedge funds also recently added to or reduced their stakes in the company. Washington-based Parametric Portfolio Associates Lc has invested 0.01% in iRobot Corporation (NASDAQ:IRBT). The number of shares now owned by investors are 27.72 mln. Disciplined Growth Investors Inc Mn, a Minnesota-based fund reported 383,531 shares. Amp Cap Investors Limited holds 0.01% or 10,300 shares. Voloridge Management Limited Liability Corp stated it has 0.02% of its portfolio in iRobot Corporation (NASDAQ:IRBT). 150 were accumulated by Benjamin F Edwards.

Guggenheim Capital Llc increased Central Secs Corp (NYSEMKT:CET) stake by 27,944 shares to 46,068 valued at $1.15M in 2017Q2. Teachers Retirement Systems Of The State Of Kentucky holds 9,700 shares. Municipal Employees Retirement System of MI now owns 6,480 shares of the industrial products company's stock valued at $545,000 after purchasing an additional 300 shares in the last quarter. Wfg Advsr Lp stated it has 350 shares or 0.01% of all its holdings. American Grp reported 19,941 shares. Ameritas Prtnrs invested 0.01% in iRobot Corporation (NASDAQ:IRBT). Wellington Mngmt Grp Limited Liability Partnership reported 252,958 shares. The industrial products company reported $0.52 EPS for the quarter, topping the Zacks' consensus estimate of $0.26 by $0.26.

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. Therefore 33% are positive. IRobot Corporation had 25 analyst reports since September 18, 2015 according to SRatingsIntel. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. iRobot now has a consensus rating of "Hold" and a consensus target price of $70.75. On Friday, March 18 the stock rating was downgraded by JP Morgan to "Underweight". Citigroup began coverage on shares of iRobot in a research note on Monday.

The stock of iRobot Corporation (NASDAQ:IRBT) has "Market Perform" rating given on Friday, September 18 by Raymond James. Ahl Prtn Llp stated it has 0.03% in iRobot Corporation (NASDAQ:IRBT). Canaccord Genuity downgraded the shares of IRBT in report on Wednesday, May 31 to "Hold" rating. DA Davidson downgraded it to "Neutral" rating and $43 target in Friday, April 7 report. The firm has "Buy" rating by Benchmark given on Monday, November 14. The firm has "Hold" rating by Dougherty given on Thursday, October 26.

CU Bancorp operates as a bank holding firm for California United Bank that provides banking services and products. The company has market cap of $1.79 billion. The firm operates through two reportable divisions, Domestic and worldwide. It has a 22.31 P/E ratio. The Company sells various products that are designed for use at home. The count of Hold ratings in that period was 5. Therefore 57% are positive. Dougherty & Co reaffirmed a "neutral" rating on shares of iRobot in a report on Thursday, October 26th. The firm has "Hold" rating by Needham given on Monday, November 14. The stock has "Neutral" rating by Sidoti on Monday, November 14. The rating was maintained by JMP Securities with "Market Outperform" on Tuesday, October 13. The company was upgraded on Thursday, November 17 by Bank of America.

Like this



07 December 2017
Parents of Seminole Heights murder suspect in court for contempt hearing
Tampa attorney and legal expert Anthony Rickman told FOX 13 it's unusual for parents to be called in for questioning, but it's not unheard of.

07 December 2017
Scott Frost named National Coach of the Year
Frost will be presented with his honor on Thursday night at the Home Depot College Football Awards Show in Atlanta. The former Nebraska quarterback held his first press conference as the Huskers' head coach on Sunday.

07 December 2017
Highly Traded Stock: Marathon Patent Group, Inc. (NASDAQ:MARA)
Marathon Patent Group, Inc .is based in Alexandria, Virginia. (NASDAQ: MARA ) has accumulated 16.67% over the course of one week. The Company acquires patents from a wide-range of patent holders from individual inventors to Fortune 500 companies.

07 December 2017
Earnings Estimates Revision Screen: Anheuser-Busch InBev SA/NV (BUD)
Looking at some alternate time periods, the 12 month price index is 1.05823, the 24 month is 0.84276, and the 36 month is 1.12008. Anheuser-Busch InBev (BUD -1.2%) orders 40 Tesla ( TSLA +0.8%) all-electric Semi trucks to test out the fuel savings potential.

07 December 2017
Ryanair's Italy staff threaten December strike
The main demand is the right for collective bargaining outside the framework of Ryanair's own employee representative committees. Ryanair negotiates pay and conditions on an individual basis with each of its bases.

07 December 2017
Mario + Rabbids: Kingdom Battle players are getting a free Versus mode tomorrow
Random bonus items will pop up on the battlefields, providing additional actions, double damage or other advantages. Mario + Rabbids Kingdom Battle Versus mode will restrict each player to just three actions per turn.

07 December 2017
Ed Sheeran receives MBE from Prince Charles
The Londoner has won a Grammy Award and has a number of chart topping singles to his name. "I think it's persistence". The 26-year-old accepted an MBE from Prince Charles earlier today and looked very dapper in a blue-fitted suit.

07 December 2017
Browns Executive VP Sashi Brown fired
But alas, here we are at 0-12 stuck here to digest a lackluster performance by the Browns offense. Jackson has rightly shared criticism for the Browns' failures to improve this season.

07 December 2017
Dying Light To Get Stand Alone PvP Mode
Make sure you have enough evacuation points once the chopper arrives, and don't get killed as you race to the extraction zone. Use your parkour skills to swiftly traverse the city, scavenging for weapons that will give you an edge over your opponents.

07 December 2017
Dollar Tree (DLTR) Issues Q4 Earnings Guidance
Levin Capital Strategies Limited Partnership holds 0.01% or 10,243 shares in its portfolio. 59,692 were reported by Ameriprise. Increased volatility and interest from bargain investors have put the stock on a number of investor's watchlists of late.