Analysts Have Given iRobot Corporation (NASDAQ:IRBT) a Consensus Recommendation of 2.3

In this piece I’ll analyze some key factors for iRobot Corporation (NASDAQ:IRBT), including past and predicted earnings per share as well as the …

In this piece I’ll analyze some key factors for iRobot Corporation (NASDAQ:IRBT), including past and predicted earnings per share as well as the levels of current key indicators that could spell out trends for the stock.

EPS is what each share is worth and indicates how much money their sharehoders would acquire if the company was to pay out all of its profits. Earnings Per Share is computed by dividing the profit total by its share total. If a company’s profit is $800 million and there are 40 million shares, then the EPS is $20. EPS is a fantastic way to compare and contrast companies in the same industry. When a company shows a steady upwards earnings trend, it is a good indicator that the company will dominate companies with a more volatile earnings trend.

iRobot Corporation (NASDAQ:IRBT)’s EPS for the past 12 trailing months is 2.77. This year’s EPS growth stands at 47.50% while their EPS growth over the past five years is 29.00%. Analysts are predicting iRobot Corporation’s stock to grow 6.39% over the next year and 18.00% over the next five.

Let’s take a look at how the stock has been performing recently. Over the past twelve months, iRobot Corporation (NASDAQ:IRBT)’s stock was 6.94%. Over the last week of the month, it was 3.60%, -3.81% over the last quarter, and 14.97% for the past six months.

Investors have the option to employ technical indicators when conducting stock research. At the time of writing, Irobot Corp (NASDAQ:IRBT) has a 14-day Commodity Channel Index (CCI) of 130.83. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

We can also do some further technical analysis on the stock. At the time of writing, the 14-day ADX for Irobot Corp (NASDAQ:IRBT) is 14.97. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). Some analysts believe that the ADX is one of the best trend strength indicators available.

Interested investors may be watching the Williams Percent Range or Williams %R. Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. Irobot Corp (NASDAQ:IRBT)’s Williams Percent Range or 14 day Williams %R currently sits at -9.75. In general, if the indicator goes above -20, the stock may be considered overbought. Alternately, if the indicator goes below -80, this may point to the stock being oversold.

Tracking other technical indicators, the 14-day RSI is presently standing at 57.02, the 7-day sits at 67.24, and the 3-day is resting at 84.23 for Irobot Corp (NASDAQ:IRBT). The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. This measurement is based on closing prices over a specific period of time. As a momentum oscillator, the RSI operates in a set range. This range falls on a scale between 0 and 100. If the RSI is closer to 100, this may indicate a period of stronger momentum. On the flip side, an RSI near 0 may signal weaker momentum. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book “New Concepts in Technical Trading Systems”.

For further review, we can take a look at another popular technical indicator. In terms of moving averages, the 200-day is currently at 83.99, the 50-day is 88.08, and the 7-day is resting at 86.26. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.

iRobot Corporation (NASDAQ:IRBT) Moving Average Rating Holds at Strong Buy

iRobot Corporation (NASDAQ:IRBT) ran -0.31156114 after opening at $89.7797. 201801 shares traded hands for the 2479348500 market cap …

iRobot Corporation (NASDAQ:IRBT) ran -0.31156114 after opening at $89.7797. 201801 shares traded hands for the 2479348500 market cap company. iRobot Corporation (NASDAQ:IRBT) is a “Buy” according to the social consensus.

Traders often key in on technical support and resistance levels when undertaking stock analysis. These levels can play an important role on a day to day basis. Many traders and investors will carefully monitor different support and resistance levels in order to gauge stock price movement. Investors may also be tracking stock price momentum. Sometimes investors may be hesitant to jump into the market after it has consistently kept heading higher over a sustained period of time. However, there may also be ample evidence that the market may just keep going higher. Markets that make new highs may have the ability to make even higher highs, thus leading to further gains. Often times, investors may be looking at technical indicators to help define trend conditions. Generally speaking, strong momentum is typically spotted near the beginning of a trend. On the flip side, momentum tends to be weaker as the trend is ending and possibly about to reverse direction.

Diving into some pivot points we note that the Fibonacci S1 stands at 84.305275 while the R1 resistance number is 89.141396. The S1 Camarilla pivot is 85.85975 while the R1 resistance is 87.02025. The Demark Pivot is as follows: R1 resistance is 91.4 while S1 support is 85.07.

Taking a look at some additional key pivot levels we note that the one month Pivot Woodie support stands at 81.935 while 1-month resistance level is at 88.265. On the other hand shares would see support at the 1-month pivot woodie of 81.935 and resistance at 88.265. One of the key differences in calculating Woodie’s Pivot Point to other pivot points is that the current session’s open price is used in the PP formula with the previous session’s high and low.

iRobot Corporation (NASDAQ:IRBT) shares hit a high of 90.83 within the past month while touching a low point of 73.0112 over the past 30 days.

Turning to exponential moving averages, iRobot Corporation, the below chart outlines the current numbers:

Exponential 50-Day: 85.87285

Exponential 30-Day: 85.75667

Exponential 20-Day: 86.23002

Exponential 100-Day: 87.59997

Exponential 200-Day: 88.79708

In terms of Bollinger Bands, the upper 20 band holds at 90.19282 while the lower is currently 83.23443. The average volume over the past 3 months is 772692.6 compared to the 10-day average of 501535.8.

Other moving averages that have been taken into consideration in order to try to figure out the potential direction of the shares include the Hull Moving Average. The Hull MA currently reads 89.96863. The Positive Directional Indicator is at 30.447977. The volume weighted moving average stands at 86.965744. Putting all the pieces together the moving average signal for iRobot Corporation (NASDAQ:IRBT) is a consensus “Strong Buy” signal.

Changing lanes over to oscillators, we see that the Aroon Up oscillator is currently 92.85714 while the Aroon Down shows 42.857143. These are useful in determining if a reversal might be in the near future. Given the Ultimate Oscillator number of 58.30207 and Parabolic SAR number of 83.954865, combined with other variables, iRobot Corporation (NASDAQ:IRBT) has been given a consensus oscillator rating of “Buy”.

iRobot Corporation (NASDAQ:IRBT) Quick Look

Investors will be monitoring closely to see if the firm can move towards the $118.75 time high as the Bull Bear Power number stands at 5.0861096.

iRobot Corporation (NASDAQ:IRBT) has returned 3.5978713 after closing at $— in the recent session. The stock is looking to return closer to the 52-week high of $118.75.

Investors often have to decide whether to follow the crowd or go against the herd. This can be difficult considering all the different market factors in play. Investors who strictly follow the technical charts may be missing the other half of the picture involving company fundamentals. On the other hand, investors who only look at fundamentals may be missing key information presented by studying the numbers. Combining both techniques may prove to be a solid option for researching the equity market. Many investors will opt to pick certain stocks based on fundamental analysis, and then use technical charts to figure out the proper time to make a move.

As the first half of the year has approached, investors may be doing a deep dive into the portfolio to see what has worked and what hasn’t worked so far this year. Investors may be looking to make a complete overhaul or just a few minor tweaks. The big question seems to be whether or not the market will remain solid of the next couple of quarters. There are obviously those who think a stock market collapse is imminent, and those who believe the market is bound for newer, greater heights. Being prepared for any scenario will most likely be greatly beneficial to individual investors over the next few months.

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Can The Momentum Keep Going For iRobot Corporation (IRBT), CF Industries Holdings, Inc. (CF)?

iRobot Corporation (NASDAQ:IRBT) last session’s volume of 0.45 million shares was lower than its average volume of 791.69 million shares.

iRobot Corporation (NASDAQ:IRBT) last session’s volume of 0.45 million shares was lower than its average volume of 791.69 million shares. The stock, after opening at $84.51, hit $88.01 through the close by scoring 3.54%.

iRobot Corporation (IRBT) Analyst Opinion

iRobot Corporation is currently rated as outperform by 10 stock analysts, with the company still having around 31.45% shares outstanding that can be sold short legally. The value of their shares went up by 6.47% last month. Over the course of a year, the stock has grown by 5.1%. Financial analysts are becoming more bullish than ever, with the 5 analysts who cover the activities of IRBT advising investors to buy. Experts on Wall Street have set a price target of $98.57 for the stock. The decision was arrived after looking at their 12% gain from current levels. At the moment, iRobot Corporation (IRBT) trading price is around -25.89% below its 52-week high.

iRobot Corporation Earnings Surprise

iRobot Corporation (IRBT) was successful in overcoming the expected $0.48 as the stock recorded an earnings of $1.12 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of 8.3% from the previous quarter, with the company recording $245.1 million in revenue.

iRobot Corporation (NASDAQ:IRBT) Intraday View

The shares of iRobot Corporation (NASDAQ:IRBT) have struggled and recovered 57.81% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 3.18%, increasing the time frame to a month, the volatility recorded was 4.93%. The price of their shares has been successful in staying above its 20 days moving average, staying at a distance of 6.53% and while its 50 moving average is around -0.44%. A look at previous five trading sessionIRBT stock had returned 1.8% and has spiked 5.06% when compared to its 200-day moving average that is $91.76. iRobot Corporation (IRBT) will look to overcome its -0.09% fall that it witnessed in the past one year.

As the normal trading session ended, the stock of CF Industries Holdings, Inc. (NYSE:CF), fetched in a $1.2 spike to $43.79. The session began with the stock price at $42.53, hitting a high of $44.04 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.2. CF Industries Holdings, Inc. gets 4 buy analyst recommendations while 8 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -22.51% from its high $56.51, with their overall market value now roughly $10.25 billion.

CF Industries Holdings, Inc. (CF) Consensus Price Target

The mean recommendation of CF on Reuter’s scale dropped from 2.53 to 2.22 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for CF Industries Holdings, Inc. (NYSE:CF) is now around $55.56 a share, implying the stock has what it takes to grow by 26.88%. The recent trading session also indicated the stock needs to add 55.29% more meet analysts’ high consensus price target.

CF Industries Holdings, Inc. (NYSE:CF) Intraday Trading

The current trading volume of the company was 1.61 million shares during the last session. That compares with the recent average volume of 3.65 million shares. By the end of the regular trading session, the price volatility over a 1-week span was 3.21 % while over a month it stood at 3.71%. The stock price of CF dropped to $42.49 during the day and at a certain time in 12 months it traded as low as $35.7. It has made a 22.66% recovery since its 52-week low point and has returned 0.64% year-to-date.

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Shares Nearing 52-Week High: iRobot Corporation (NASDAQ:IRBT)

iRobot Corporation (NASDAQ:IRBT) has recently been spotted approaching 52-week highs. Investors may be following how the stock price reacts as it …

iRobot Corporation (NASDAQ:IRBT) has recently been spotted approaching 52-week highs. Investors may be following how the stock price reacts as it nears this level. At the time of writing, company shares had recently hit 88.01. At this level, shares are noted trading -25.89% away from the 52-week high mark. Investors will be curious to see if the stock can maintain momentum after breaking the 52-week high or if the level is merely breached and there is a pullback. Traders and investors might have to make the decision whether to lock in current profits, or hold on for a further push higher.

Investors are constantly trying to make smart moves in the stock market. Taking stock of personal strengths and weaknesses can help the investor attack the market with heightened focus. Often times, individuals may fall into traps that could have been avoided. Coming up with a sound investment plan and setting realistic expectations may help the novice investor become better prepared and focused. Positive returns are attainable with the proper preparation and dedication. Investors working with a longer-term plan might be approaching the stock market from a completely different angle than a shorter-term trader. Investors who plan to be in the market for a long period of time may not be as concerned about the day to day fluctuations as short-term traders.

With the stock nearing 52-week highs, investors may be trying to project the price action over the next few months. Taking a look back at some historical performance numbers for iRobot Corporation (NASDAQ:IRBT), we can see that shares are 1.80% over the last week. For the last month, company shares are 6.47%. For the last quarter, the stock has performed -7.06%. Watching recent volatility levels, we can see that shares have been recorded at 3.18% for the week, and 4.93% for the last month. If we look back year-to-date, the stock has performed 5.10%. Over the past full-year, shares have performed -0.09%.

Investors may also be paying close attention to some simple moving average indicators on shares of iRobot Corporation (NASDAQ:IRBT). The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Many investors will opt to use multiple time periods when examining moving averages. Recently, company shares have been recorded trading 6.53% away from the 20-day moving average. Pushing out to the 50-day, we can see that shares are currently trading -0.44% off of that number. Zooming out to the 200-day moving average, shares have been trading 5.06% away from that value.

iRobot Corporation (NASDAQ:IRBT) shares currently have a consensus recommendation of 2.30. This rating uses a scale from 1 to 5. A recommendation of 1 or 2 would represent a consensus Buy. A rating of 4 or 5 would indicate a consensus Sell. A rating of 3 would signify a consensus Hold recommendation. Investors often follow the opinions of sell-side analysts offering target prices on the stock. The consensus target price for the stock is presently $98.57.

The stock currently has a beta value of 1.76. Beta can be useful to gauge stock price volatility in relation to the broader market. A beta of 1 may show that the stock price moves with the market. A beta under 1 might indicate that the stock is less volatile than the market. A beta over 1 indicates that the stock price is more volatile than the market in theory.

A highly common way to study stocks is through fundamental analysis. Investors examining the fundamentals may be analyzing the underlying factors that can affect the performance of a particular company. When focusing in on a specific company, investors will look at company management, financial information, business prospects, and industry competition. The goal of digging into the numbers is often times a way to calculate the current value of a company and try to gauge the value into the future. Zooming in on the vital statistics of a company can help provide a glimpse of the company’s overall health.

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Federated Investors Inc. PA Has $5.81 Million Position in iRobot Co. (IRBT)

Federated Investors Inc. PA cut its stake in shares of iRobot Co. (NASDAQ:IRBT) by 42.6% during the 3rd quarter, according to its most recent 13F …

iRobot logoFederated Investors Inc. PA cut its stake in shares of iRobot Co. (NASDAQ:IRBT) by 42.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,834 shares of the industrial products company’s stock after selling 39,204 shares during the quarter. Federated Investors Inc. PA owned 0.19% of iRobot worth $5,808,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of IRBT. Advisors Asset Management Inc. lifted its position in shares of iRobot by 5.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 11,215 shares of the industrial products company’s stock worth $1,233,000 after purchasing an additional 581 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of iRobot by 11.2% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,543 shares of the industrial products company’s stock valued at $719,000 after acquiring an additional 661 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iRobot by 74.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,556 shares of the industrial products company’s stock valued at $118,000 after acquiring an additional 663 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of iRobot by 27.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 3,395 shares of the industrial products company’s stock valued at $373,000 after acquiring an additional 728 shares during the period. Finally, Teachers Advisors LLC lifted its position in shares of iRobot by 1.6% during the 3rd quarter. Teachers Advisors LLC now owns 69,278 shares of the industrial products company’s stock valued at $7,615,000 after acquiring an additional 1,070 shares during the period. 97.20% of the stock is currently owned by hedge funds and other institutional investors.

In related news, COO Christian Cerda sold 12,442 shares of the stock in a transaction dated Monday, January 7th. The shares were sold at an average price of $85.00, for a total transaction of $1,057,570.00. Following the completion of the transaction, the chief operating officer now owns 53,797 shares in the company, valued at $4,572,745. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andrew Miller sold 441 shares of the stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $90.53, for a total transaction of $39,923.73. Following the transaction, the director now owns 5,461 shares of the company’s stock, valued at approximately $494,384.33. The disclosure for this sale can be found here. In the last quarter, insiders sold 123,574 shares of company stock valued at $10,780,359. Company insiders own 3.51% of the company’s stock.

IRBT has been the topic of a number of research reports. BidaskClub upgraded shares of iRobot from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 2nd. Zacks Investment Research upgraded shares of iRobot from a “hold” rating to a “buy” rating and set a $93.00 target price on the stock in a research report on Monday, January 7th. Needham & Company LLC upgraded shares of iRobot from a “hold” rating to a “buy” rating and set a $95.00 target price on the stock in a research report on Wednesday, October 24th. Piper Jaffray Companies downgraded shares of iRobot from an “overweight” rating to a “neutral” rating in a research report on Monday, October 8th. Finally, Sidoti upgraded shares of iRobot from a “neutral” rating to a “buy” rating in a report on Tuesday, October 16th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $89.40.

IRBT traded up $3.01 during trading on Thursday, hitting $88.01. 458,400 shares of the company’s stock were exchanged, compared to its average volume of 495,083. iRobot Co. has a fifty-two week low of $55.77 and a fifty-two week high of $118.75. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 49.58, a PEG ratio of 1.44 and a beta of 1.73.

iRobot (NASDAQ:IRBT) last posted its earnings results on Tuesday, October 23rd. The industrial products company reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.64. iRobot had a net margin of 6.52% and a return on equity of 15.95%. The firm had revenue of $264.50 million during the quarter, compared to analyst estimates of $245.12 million. During the same quarter in the prior year, the business posted $0.76 EPS. The business’s revenue was up 28.8% compared to the same quarter last year. On average, analysts forecast that iRobot Co. will post 2.69 earnings per share for the current year.

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About iRobot

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stair.

Further Reading: What is a balanced fund?

Institutional Ownership by Quarter for iRobot (NASDAQ:IRBT)

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