Irobot Corp [NASDAQ: IRBT] slipped around -2.25 points on Wednesday, while shares priced at $4.06 at the close of the session, down -35.66%.
Compared to the average trading volume of 1.92M shares, IRBT reached a trading volume of 17227802 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Irobot Corp [IRBT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IRBT shares is $11.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IRBT stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Irobot Corp shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 06, 2022. The new note on the price target was released on March 24, 2022, representing the official price target for Irobot Corp stock. Previously, the target price had yet another raise to $103, while JP Morgan analysts kept a Neutral rating on IRBT stock. On February 11, 2021, analysts increased their price target for IRBT shares from 101 to 166.
The Average True Range (ATR) for Irobot Corp is set at 0.84, with the Price to Sales ratio for IRBT stock in the period of the last 12 months amounting to 0.16. The Price to Book ratio for the last quarter was 0.83, with the Price to Cash per share for the same quarter was set at 4.60.
How has IRBT stock performed recently?
Irobot Corp [IRBT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -42.57. With this latest performance, IRBT shares dropped by -55.63% in over the last four-week period, additionally sinking by -33.11% over the last 6 months – not to mention a drop of -61.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IRBT stock in for the last two-week period is set at 25.80, with the RSI for the last a single of trading hit 18.93, and the three-weeks RSI is set at 31.16 for Irobot Corp [IRBT]. The present Moving Average for the last 50 days of trading for this stock 8.29, while it was recorded at 6.13 for the last single week of trading, and 8.46 for the last 200 days.
Irobot Corp [IRBT]: Deeper insight into the fundamentals
Irobot Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.94 and a Current Ratio set at 1.45.
Insider trade positions for Irobot Corp [IRBT]
The top three institutional holders of IRBT stocks are: AMERIPRISE FINANCIAL INC with ownership of 2.59 million shares, which is approximately 8.851%. BLACKROCK INC., holding 2.23 million shares of the stock with an approximate value of $$20.31 million in IRBT stocks shares; and BLACKROCK INC., currently with $$14.0 million in IRBT stock with ownership which is approximately 5.4561%.
