$0.24 EPS Expected for iRobot Corporation (IRBT)

January 20, 2018 - By Henry Gaston

 $0.24 EPS Expected for iRobot Corporation (IRBT)
Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.02, from 1.05 in 2017Q2. It is positive, as 34 investors sold iRobot Corporation shares while 67 reduced holdings. 39 funds opened positions while 69 raised stakes. 22.26 million shares or 0.27% less from 22.32 million shares in 2017Q2 were reported.
Ashford Cap Mgmt holds 3,970 shares. Adirondack Trust, a New York-based fund reported 30 shares. Alpine Mgmt Limited Liability Company has 0.11% invested in iRobot Corporation (NASDAQ:IRBT). Creative Planning invested in 0% or 2,933 shares. Piedmont Invest Advsr, North Carolina-based fund reported 6,028 shares. Hbk Invs L P owns 0.04% invested in iRobot Corporation (NASDAQ:IRBT) for 58,401 shares. Comerica Natl Bank, a Michigan-based fund reported 29,908 shares. Fifth Third Bancshares owns 36 shares. Strs Ohio holds 0% in iRobot Corporation (NASDAQ:IRBT) or 2,200 shares. Wells Fargo & Commerce Mn owns 150,976 shares. Amalgamated National Bank & Trust holds 0.01% in iRobot Corporation (NASDAQ:IRBT) or 3,646 shares. Arizona State Retirement has 14,367 shares. Point72 Asset Mgmt L P owns 0.01% invested in iRobot Corporation (NASDAQ:IRBT) for 33,500 shares. Of Vermont holds 0.01% or 850 shares. Lord Abbett & Communications Lc reported 506,698 shares.

Since July 31, 2017, it had 0 buys, and 5 sales for $5.47 million activity. The insider CHWANG RONALD sold $927,100. ELLINGER DEBORAH G also sold $745,119 worth of iRobot Corporation (NASDAQ:IRBT) shares. $72,800 worth of iRobot Corporation (NASDAQ:IRBT) shares were sold by Weinstein Glen Daniel.

Analysts expect iRobot Corporation (NASDAQ:IRBT) to report $0.24 EPS on February, 14.They anticipate $0.25 EPS change or 51.02 % from last quarter’s $0.49 EPS. IRBT’s profit would be $6.69 million giving it 92.49 P/E if the $0.24 EPS is correct. After having $0.60 EPS previously, iRobot Corporation’s analysts see -60.00 % EPS growth. The stock increased 2.98% or $2.57 during the last trading session, reaching $88.79. About 990,899 shares traded. iRobot Corporation (NASDAQ:IRBT) has risen 150.93% since January 20, 2017 and is uptrending. It has outperformed by 134.23% the S&P500.

iRobot Corporation (NASDAQ:IRBT) Ratings Coverage

Among 13 analysts covering IRobot Corporation (NASDAQ:IRBT), 4 have Buy rating, 2 Sell and 7 Hold. Therefore 31% are positive. IRobot Corporation had 27 analyst reports since September 18, 2015 according to SRatingsIntel. The company was initiated on Thursday, November 17 by Dougherty & Company. Canaccord Genuity maintained iRobot Corporation (NASDAQ:IRBT) on Wednesday, October 25 with “Hold” rating. The stock has “Neutral” rating by Sidoti on Monday, November 14. Benchmark maintained the stock with “Buy” rating in Monday, November 14 report. The company was downgraded on Monday, January 4 by Piper Jaffray. Sidoti upgraded the shares of IRBT in report on Friday, October 27 to “Buy” rating. The firm earned “Market Outperform” rating on Tuesday, October 13 by JMP Securities. The rating was downgraded by to “Neutral” on Monday, July 3. Piper Jaffray maintained it with “Hold” rating and $69.0 target in Tuesday, January 2 report. The firm has “Neutral” rating given on Wednesday, January 6 by JP Morgan.

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. The company has market cap of $2.48 billion. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stair; and Looj Gutter Cleaning Robot. It has a 42.22 P/E ratio.

More notable recent iRobot Corporation (NASDAQ:IRBT) news were published by: Nasdaq.com which released: “iRobot Corp (IRBT) Poised to Grow on Solid Growth Drivers” on January 03, 2018, also Fool.com with their article: “Is iRobot About to Take Shorts to the Cleaners?” published on January 04, 2018, Seekingalpha.com published: “Why The Rally In iRobot Stock Isn’t Over Yet” on January 19, 2018. More interesting news about iRobot Corporation (NASDAQ:IRBT) were released by: Fool.com and their article: “Could iRobot Corporation Be a Millionaire-Maker Stock?” published on January 02, 2018 as well as Fool.com‘s news article titled: “Why iRobot Corporation Stock Climbed 11.8% in December” with publication date: December 31, 2017.

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