iRobot Corp (NASDAQ: IRBT) stock closed at $6.56 on 9/3/24 after a major decline of -10.4%. Moreover, above average trading volume at 120% of normal accompanied the decline. The stock has declined -17.6% during the last week and has been extremely weak relative to the market over the last nine months.
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 complementary signals. iRobot has a slightly negative Power Rating of 36 and a very low Appreciation Score of 13, and the Lowest Value Trend Rating results.
Rating Review
In light of this highly negative 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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