|Bid||68.05 x 200|
|Ask||70.00 x 300|
|Day's Range||65.31 - 68.64|
|52 Week Range||55.77 - 109.78|
|PE Ratio (TTM)||38.71|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The company behind the mega popular Roomba vacuum, iRobot Corporation (NASDAQ:IRBT) is the undisputed king of the robotic vacuum world. Although some IRBT bears have been concerned about rising competition, the company has successfully deflected those concerns en route to consistent 20%-plus revenue growth every single quarter. This is a market projected to grow at a 20%-plus rate into 2023, meaning that IRBT’s revenue growth should remain in excess of 20% over the next several years.
iRobot Corp (NASDAQ:IRBT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Shares of the Roomba maker plummeted 34% last week after the company announced earnings, so CEO Colin Angle's comments during the earnings call are even more important than usual.
The share price of Bedford-based iRobot Corp. (IRBT) appears to be the victim of a classic disconnect between a CEO's long-term strategy and Wall Street's hunger for short-term profits. The Roomba maker saw its stock price drop more than 30 percent on Thursday, after an earnings call during which analysts peppered CEO Colin Angle with questions about spending levels and operating margins. Angle defended iRobot's strategy of continuing to spend heavily on R&D by arguing that it's harder than ever for Roomba to maintain its leadership position in the robotic vacuum cleaner market and by hinting that iRobot is planning to release brand new products in 2018.
iRobot Corporation (IRBT) believes robust sales of premium home-robotic products and benefits of the company's marketing programs will boost its near-term results.
Shares of iRobot, the maker of the Roomba vacuum, tumbled 20% in after-hours trading, after the company gave a disappointing outlook for 2018, indicating slower revenue growth. Investors are now worrying ...
Shares of iRobot Corp. dropped in the extended session Wednesday after the Roomba maker's earnings results and outlook fell short of Wall Street estimates. Shares of iRobot fell 21% to $69.36 after hours. ...
The Bedford, Massachusetts-based company said it had net income of 16 cents per share. Earnings, adjusted for pretax expenses, were 54 cents per share. The results topped Wall Street expectations. The ...
The stock market had a really bad Friday. It followed that up with a historically bad Monday. Then on Tuesday, stocks couldn’t decide if they wanted to rebound or keep selling off.
PetMed Express, Beazer Homes, Taylor Morrison, iRobot and NVIDIA as Zacks Bull and Bear of the Day
Robust market response toward recently-launched products, continued demand for premium home-robotic goods and the Robopolis buyout to boost iRobot Corporation's (IRBT) fourth-quarter 2017 performance.
These robot stocks are poised to profit from the trends of increasing factory automation and growing consumer adoption of bots to perform household tasks.