For its first fiscal quarter (ending March 31), iRobot Corp (NASDAQ: IRBT) has reported E.P.S. of $0.31 compared to $-2.95 a year ago. E.P.S. were $-7.76 for the latest four quarters through March 31 versus $-12.33 for the same period a year ago.
Recent Price Action
On 5/7/24, iRobot Corp (NASDAQ: IRBT) stock declined modestly by -1.2%, closing at $9.02. However, below average trading volume at 77% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months but has risen 6.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. iRobot has a very low Appreciation Score of 9 and a very low Power Rating of 6, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment