101.10 +0.68 (0.68%)
Pre-Market: 6:12AM EDT
|Bid||101.04 x 800|
|Ask||0.00 x 800|
|Day's Range||100.25 - 109.25|
|52 Week Range||56.61 - 132.88|
|Beta (3Y Monthly)||2.15|
|PE Ratio (TTM)||31.97|
|Earnings Date||Jul 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||111.67|
The robotic cleaning-device specialist might lose money this quarter before earnings trends improve in the second half of the year.
Major U.S. indices are mostly flat on Wednesday, digesting the big rally they had on Tuesday. Since we remain in the thick of earnings season though, we're seeing big moves in individual stocks too. Thursday will be busy with Tesla (NASDAQ:TSLA), Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) all reporting on Wednesday after the closer. Let's look at some of our top stock trades right now. Top Stock Trades for Tomorrow 1: AT&TAT&T (NYSE:T) had been trading really well this year. Shares pushed back above $30 and were firmly in breakout territory after getting above downtrend resistance. While today's post-earnings fall is discouraging, it's perfect for investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Red-Hot E-Commerce Stocks to Consider T is currently below the 50-day, but has the 200-day just below at $30.34. Further, the 100-day moving average is down at $29.98. With prior downtrend resistance (blue line) coming into play near the same levels, this draws a pretty bold line in the sand down near $30.Below this mark and T stock will again need to reset before trading it on the long side. However, that sets up a great risk/reward for bulls interested in T and its 6.36% dividend yield. Top Stock Trades for Tomorrow 2: iRobotShares of iRobot (NASDAQ:IRBT) are being vacuumed up, with shares getting smacked down by more than 20% after reporting earnings.$130 was clear resistance, $115 failed as support and that brings up the 200-day and the $95 level. The 200-day has been a buoy over the past year, but that's not to say IRBT hasn't broken below it over that timeframe too. A break below the 200-day but a hold of $95 would have me interested on the long side.Let's see how it shakes out over the course of this week. Top Stock Trades for Tomorrow 3: IntelIntel (NASDAQ:INTC) reports earnings on Thursday after the close and this name has been red hot. We flagged it earlier this month as a potential breakout candidate and those traders may consider locking in some gains ahead of the print.Why? As much as I like seeing INTC consolidating near $59, shares remain overbought and the risk/reward is simply not screamingly attractive. I would love a pullback on solid earnings into this $56 to $57 level. Will we get it? I don't know.But I don't think it's the last time we see INTC this cheap. I want to see how it does on an eventual pullback into prior resistance. Top Stock Trades for Tomorrow 4: FordFord (NYSE:F) is flirtatiously hanging around a big breakout level. Like Intel, it too will report on Thursday. The stock continues to trend higher as the $9.50 level looms large.A breakout over this level could unleash a fury of bullish momentum. Should F disappoint though, it's vital that $8.75 holds as support. It's a key level and a conflux of the 50-day and 200-day moving average. Top Stock Trades for Tomorrow 5: United TechnologiesHoneywell (NYSE:HON) was a sweet mover on earnings, but so far, United Technologies (NYSE:UTX) is giving us the same upside "oomph." The company posted a top- and bottom-line earnings beat and managed to climb 2% on Tuesday, but shares are about flat on Wednesday.The $142.50 level is clear resistance, so a breakout over that level is something to watch. However, UTX's hesitancy to do so is also worth observation. A pullback into $135 wouldn't be a bad risk/reward for interested bulls should a breakout fail to take hold. * 10 Stocks to Sell Before They Give Back 2019 Gains Those are the levels to watch now: $142.50 on the upside and $135 to $136 on the downside. Should UTX chop around, look to see if uptrend support can push it higher down the road.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long T. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post 5 Top Stock Trades for Thursday: Ford, AT&T, iRobot appeared first on InvestorPlace.
Sales and margins at the maker of the popular Roomba vacuum cleaner didn’t live up to billing as it spent on a new lawn mower and rivals cut prices.
The home-robotics specialist is plunging on seemingly disappointing Q1 results. But iRobot is perfectly content with where it stands.
plummeted nearly 20% to $104.64 Wednesday after the home-robotics company missed Wall Street's first-quarter sales expectations. The Bedford, Massachusetts-based company, which makes the Roomba floor vacuuming robots, said earnings came to $22.5 million, or 78 cents a share, up from $20.4 million, or 71 cents a share a year ago, and beat analysts' forecasts of 60 cents a share. Revenue totaled $237.7 million, up from the year-ago total of $217.1 million a year ago, but missed Wall Street's expectation of $251 million.
iRobot's (IRBT) first-quarter 2019 results gain from solid product demand and healthy international business. It raises earnings view on tax benefits in the first quarter.
Stock futures were steady amid a wave of earnings from Snap, Texas Instruments, eBay, iRobot and more. Texas Instruments signaled that a chip downturn may last longer than expected.
iRobot (NASDAQ:IRBT) posted its latest quarterly earnings results after the bell today, bringing in sales that missed expectations and earnings that were ahead of the mark, yet IRBT stock was plummeting more than 10% after hours.The Bedford, Mass.-based tech company -- founded in 1990 -- announced that for its first quarter of 2019, it brought in net income of $22.5 million, or 78 cents per share. The figure was an improvement of 7 cents per share from its earnings of 71 cents per share during the same period in 2018.Analysts were calling for iRobot to amass earnings of 60 cents per share, according to data compiled by FactSet on a survey. Revenue tallied up to $237.7 million, a 9.5% improvement over the company's sales during the same period a year ago, when it garnered revenue of $217.1 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWall Street said it projected the business to rake in sales of $251 million, per a FactSet survey. The strong quarterly showing encouraged iRobot to increase its guidance for the profit it now expects for its fiscal 2019, which is now slated to be in the range of $3.15 to $3.40 per share.The company's earnings guidance for the year was previously in the range of $3 to $3.25 per share.IRBT stock is sinking roughly 14.3% after the bell Tuesday following the company's narrow revenue miss and earnings beat. Shares had been gaining 1.4% during regular trading hours today in anticipation of iRobot's results for its first three months of the fiscal year.. More From InvestorPlace * 5 Dividend Stocks Perfect for Retirees * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 10 High-Yielding Dividend Stocks That Won't Wilt Compare Brokers The post iRobot Earnings: IRBT Stock Plummets on Q1 Sales Miss, EPS Beat appeared first on InvestorPlace.
Home-cleaning robot leader iRobot is the IBD Stock Of The Day as the Roomba maker approached a buy point ahead of its earnings report. But IRobot stock fell on the news.
Consumer robot vendor iRobot late Tuesday beat analyst consensus estimates for earnings in the first quarter, but missed its sales target. The iRobot earnings news sent its shares tumbling.
On a per-share basis, the Bedford, Massachusetts-based company said it had profit of 78 cents. Earnings, adjusted for one-time gains and costs, came to 96 cents per share. The results topped Wall Street ...
IRobot Corp. continued to be a volatile stock after earnings Tuesday, falling more than 10% in after-hours trading as sales of its Roomba products came in lighter than expectations. IRobot reported first-quarter profit of $22.5 million, or 78 cents a share, on sales of $237.7 million, up from earnings of 71 cents a share on revenue of $217.1 million a year ago. Analysts on average expected iRobot to report earnings of 60 cents a share on sales of $251 million, according to FactSet. With the stronger profit than expected, the company increased its expectations for full-year earnings to a range of $3.15 to $3.40 a share, from $3 to $3.25 a share. The stock tends to move dramatically after earnings: After the last three quarterly reports before Tuesday, iRobot shares gained 9.6%, fell 12.3% and jumped 17% respectively. Shares closed up 1.4% at $130.57 Tuesday, then fell lower than $118 in immediate late trading following the release of the report.
Strong Global Demand for New Roomba i7/i7+ Robots Continues BEDFORD, Mass. , April 23, 2019 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results ...
Twitter, Lockheed Martin, iRobot, Edwards Lifesciences and other top stocks report earnings on Tuesday. Here's a look at what to expect.
Mercury Systems and Cactus broke out Monday with earnings due soon. IRobot and Paylocity also are near buy points.
Investors should be eyeing stocks that are setting up in bases ahead of their reports. Amazon stock leads three top stocks that could surge on earnings.
iRobot's (IRBT) first-quarter 2019 earnings to gain from huge demand for Roomba products, launch of Terra and solid marketing skills. Tariffs and product launch costs are concerning.