Stock To Watch: iRobot Corporation (NASDAQ:IRBT)


The leading market experts have placed a mean price target of $40.20 on iRobot Corporation (NASDAQ:IRBT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.60 a share for the upcoming quarter and $1.33 for the current fiscal.

Technical View

The technical analysis of iRobot Corporation plainly substantiates that the 50-day moving average of iRobot Corporation is $36.89, and stock is trading $3.67 points away or +9.94% from its 50-day moving average of $36.89. Further it is trading $5.05 or +14.23% away its 200-day moving average of $35.51. iRobot Corporation (NASDAQ:IRBT) 52-week high is $40.58 and the 52-week low is $27.55.

This explains if the stock moves $-0.02, it will post a 52-week high. In event of +47.22% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of iRobot Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, iRobot Corporation (NASDAQ:IRBT) ratio came in at 29.18.

The stock last ended the trading session at $40.56 and registered a market cap of $1.10B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. iRobot Corporation (NASDAQ:IRBT) PEG ratio is at 1.68.

1 Chart Pattern Every Investor Should Know

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