iRobot Corp (NASDAQ: IRBT) has reported E.P.S. of $-0.21 for its third fiscal quarter (ending September 30) versus $-2.86 for the same period a year ago — a decline of -93%. For the latest four quarters through September 30, E.P.S. were $-4.62 compared to $-11.80 a year ago — a decline of -61%.
Recent Price Action
On 11/6/24, iRobot Corp (NASDAQ: IRBT) stock suffered a major decline of -35.2%, closing at $6.75. Moreover, this decline was accompanied by exceptionally high trading volume at 666% of normal. Relative to the market the stock has been weak over the last nine months and has declined -20.5% 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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. iRobot has a neutral Power Rating of 40 but a very low Appreciation Score of 11, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information and highly negative 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