On 4/26/24, iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 13.2%, closing at $7.78. Trading volume in this advance was normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 7.4% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. iRobot has a very low Power Rating of 12 and a very low Appreciation Score of 11, 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.
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