iRobot Corporation (NASDAQ:IRBT) currently has an Average Broker Rating of 2.75. The ABR rank within the industry stands at 237. This number is based on the 8 sell-side firms polled by Zacks.
Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR.
As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. The benefit is that you quickly get a snapshot of where Wall Street stands on a stock without having to read a mountain of research reports.
Broker recommendations are made by brokerage firms (for example, JP Morgan) and are not an outright recommendation to buy or sell a share, but instead give an indication of how the broker thinks the company will perform relative to its sector. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. Each brokerage firm has its own way of rating that may make it difficult to compare broker recommendations between the brokerage houses.
For example, at one brokerage “buy” may be the strongest recommendation, while at another “buy” could be second to a “strong buy” rating. The second-highest ratings also have a number of different other names: “accumulate”, “outperform”, “moderate buy” or “overweight”.
Analysts on a consensus basis are expecting that the stock will reach $91.83 within the year.
Investors may be looking closely at current stock market levels as we move towards the closing stages of the year. Investors might be reviewing current holdings to see if there are any changes that need to be made. Even when things are going good with equities, it may be wise to regularly check the portfolio to make sure that everything is still balanced properly. Being prepared for various market conditions may be a great help to the investor when the winds of change eventually blow in.
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Research analysts are predicting that iRobot Corporation (NASDAQ:IRBT) will report earnings of $0.58 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
iRobot Corporation (NASDAQ:IRBT) closed the last session at $69.19 and sees an average of 1362670.75 shares trade hands in each session. The 52-week low of the stock stands at $67.91 while the current level stands at 2.04% of the 52-week High-Low range. Looking further out we can see that the stock has moved -26.17% over the past 12 weeks and -17.38% year to date.
Most recently iRobot Corporation (NASDAQ:IRBT) posted quarterly earnings of $0.25 which compared to the sell-side estimates of 0.03. The stock’s 12-month trailing earnings per share stands at $3.17. Shares have moved $-23.37 over the past month and more recently, $-3.07 over the past week heading into the earnings announcement. There are 5 analyst projections that were taken into consideration from respected brokerage firms.
Traders may already have a favorite method for applying technical analysis. Active traders are typically concerned with shorter-term price movements when trading shares. Entry and exit points tend to be way more important for traders who are looking to capitalize on stock market trends. Some traders may opt to only use technical analysis when picking stocks, while others will also incorporate company fundamentals when doing research. Of course, there is no one foolproof method for trading the markets. Many technical investors will still opt to familiarize themselves with the fundamentals before diving deeper into the technical signals. Longer-term investors might not be as concerned with day to day price fluctuations while short-term traders may not want to miss out on any significant price swings. Whatever trading strategy is applied, investors may still want to try to get a sense of the overall picture before making the trade.
1 analysts rate iRobot Corporation a Buy or Strong Buy, which is 12.5% of all the analyst ratings.