iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 21.1% on 5/8/24. The shares closed at $10.92. Moreover, exceptionally high trading volume at 286% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 27.6% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. iRobot has a very low Appreciation Score of 9 and a very low Power Rating of 6, with the Lowest Value Trend Rating the result.
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.
Be the first to comment