Earnings and Growth Analysis : iRobot (NASDAQ:IRBT)

Earnings results for iRobot (NASDAQ:IRBT)

iRobot Corporation is estimated to report earnings on 10/19/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.55. The reported EPS for the same quarter last year was $2.37.

iRobot last posted its earnings data on July 27th, 2021. The industrial products company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by $0.05. The firm had revenue of $365.60 million for the quarter, compared to the consensus estimate of $355.40 million. iRobot has generated $3.10 earnings per share over the last year ($3.89 diluted earnings per share) and currently has a price-to-earnings ratio of 20.9. Earnings for iRobot are expected to grow by 69.61% in the coming year, from $1.81 to $3.07 per share. iRobot has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, October 19th, 2021 based off prior year’s report dates.

Analyst Opinion on iRobot (NASDAQ:IRBT)

According to the issued ratings of 5 analysts in the last year, the consensus rating for iRobot stock is Hold based on the current 1 sell rating and 4 hold ratings for IRBT. The average twelve-month price target for iRobot is $108.20 with a high price target of $140.00 and a low price target of $70.00.

on IRBT’s analyst rating history

iRobot has received a consensus rating of Hold. The company’s average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $108.20, iRobot has a forecasted upside of 33.3% from its current price of $81.16. iRobot has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: iRobot (NASDAQ:IRBT)

iRobot does not currently pay a dividend. iRobot does not have a long track record of dividend growth.

Insiders buying/selling: iRobot (NASDAQ:IRBT)

In the past three months, iRobot insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,337,330.00 in company stock. Only 2.21% of the stock of iRobot is held by insiders. 87.42% of the stock of iRobot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of iRobot (NASDAQ:IRBT

Earnings for iRobot are expected to grow by 69.61% in the coming year, from $1.81 to $3.07 per share. The P/E ratio of iRobot is 20.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.67. The P/E ratio of iRobot is 20.86, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 33.05. iRobot has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued. iRobot has a P/B Ratio of 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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