iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 11.3% on 8/21/24. The shares closed at $8.05. Moreover, trading volume in this advance was above average at 133% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -3.0% 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 complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. iRobot has a slightly negative Power Rating of 35 and a very low Appreciation Score of 11, producing 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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