|Bid||0.00 x 100|
|Ask||0.00 x 800|
|Day's Range||87.02 - 92.18|
|52 Week Range||55.77 - 118.75|
|Beta (3Y Monthly)||2.18|
|PE Ratio (TTM)||37.87|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||98.57|
Understanding iRobot Corporation’s (NASDAQ:IRBT) performance as a company requires examining more than earnings from one point in time. Today I will take you through a basic sense check to gain Read More...
BEDFORD, Mass., Oct. 31, 2018 /PRNewswire/ -- iRobot Corp. (IRBT), the leader in consumer robots, has announced a collaboration with Google to integrate robotic and smart home technologies that will advance the next-generation smart home. Consumer robots like the iRobot Roomba® i7+ robot vacuum are ideally suited to enable intuitive and personalized smart home experiences based on an ability to learn a home's floor plan. Using the Google Assistant, users can also direct the robot to clean a specific room with a simple voice command, like 'Hey Google, clean the kitchen'.
NEW YORK, Oct. 29, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
During Wednesday night's "Mad Money" program, Jim Cramer mentioned that neither the Fed, nor China, appears ready to back away or relent on their positions, which has caused companies like iRobot Corp. In this daily bar chart of IRBT, below, we can see that prices quickly tripled from early May to late August. Prices start a slow decline that picks up steam this month as it dives below the rising 50-day moving average in early October and is now testing the flat 200-day average line.
Premium broadcasting giant SiriusXM (NASDAQ:SIRI) reported strong third quarter numbers before the bell on Wednesday morning. SIRI stock initially bounced 3% higher. As of this writing, SIRI stock is narrowly positive.
Consumer robotics leader iRobot (NASDAQ:IRBT) reported robust third quarter numbers after the bell on Tuesday. After initially popping more than 10% higher in after-hours trade, iRobot stock proceeded to swing to a huge loss. As of this writing, iRobot is down more than 10%.
Home-cleaning robot maker iRobot on Wednesday received a stock rating upgrade after a sharp sell-off following the company's third-quarter earnings report.
Home-cleaning robot maker iRobot late Tuesday trounced Wall Street's targets for the third quarter. IRobot stock initially jumped in extended trading.
The Roomba vacuum manufacturer reported a third-quarter sales beat Tuesday and raised 2018 EPS and sales guidance, but it was management's decision not to pass along added costs to U.S. retailers and consumers from the 10-percent tariffs imposed Sept. 24 that is likely weighing on stock, Ricchuti said in a Wednesday upgrade note. Ricchuti said that while iRobot "blew away" EPS in Q3, tariffs will take a "hefty bite" out of its Q4 earnings.
The Trump administration's 10 percent tariff's on a broad spectrum of Chinese imports went into effect in September, but iRobot had not previously said how the tax would affect the company.
The home robotics specialist delivered an incredible performance thanks to its newest Roombas, but Trump's tariffs will hurt its bottom line.
Shares of iRobot, which makes its Roomba vacuums in China, fell more than 14 percent Wednesday after outlining negative effects of tariffs on its earnings call. The 10 percent taxes imposed on Chinese imports make it more expensive for the company to manufacture vacuums and other products like pool cleaners. IRobot said it did not pass that cost on to the consumer in the third quarter — but the company had to absorb the cost instead, and it didn't rule out raising prices when the tariffs increase in January.
iRobot's (IRBT) third-quarter earnings came in 47.4% higher than the year-earlier tally. The company also raised the full-year 2018 earnings guidance.
iRobot shares fell more than 10 percent during after-hours trading Tuesday as the company said it estimates it will lose $5 million in net income next quarter from tariffs. The company's net income for the third quarter was $37 million.
IRobot Corp. shares turned around from a gain of more 8% in the extended session Tuesday to a 10% drop. The company raised its guidance for the full year and reported third-quarter earnings that beat expectations. But in prepared remarks released late Tuesday, the company said that China tariffs would hurt margins, as the company did not plan to raise prices on its Roomba robots in response to the costs, even as it increases marketing spend for the holidays. IRobot reported third-quarter net income of $31.9 million, or $1.12 a share, compared with $22.5 million, or 76 cents a share, in the year-ago period. Revenue rose to $264.5 million from $205.4 million in the year-ago period. Analysts surveyed by FactSet had estimated earnings of 48 cents a share on revenue of $245 million. For the fourth quarter, analysts model earnings of 88 cents a share on sales of $385 million. IRobot said it raised its full-year guidance and now expects earnings of $2.55 to $2.75 a share on sales of $1.08 billion to $1.09 billion. Analysts expected full-year earnings of $2.44 a share and sales of $1.07 billion. IRobot stock has gained 20% this year, with the S&P 500 index rising 3.1%.
Texas Instruments TXN shares fell more than 5 percent during after-hours trading Tuesday as the company missed analysts' estimates on revenue in its third quarter and announced weak fourth quarter guidance. Arconic ARNC shares fell 1.7 percent after market-close as it considers an $11 billion acquisition offer from Apollo Global Management, Reuters reported. This would value the engineering and manufacturing company between $23 and $24 a share.