On 11/24/23, iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 39.1%, closing at $41.48. The stock has been weak relative to the market over the last nine months but has risen 33.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, IRBT is expected to continue to be Value Creation neutral.
iRobot has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. iRobot has a poor Power Rating of 29 and a very low Appreciation Score of 7, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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