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iRobot (NASDAQ:IRBT) has earned a consensus rating of “Buy” from the ten analysts that are covering the stock, Stock Ratings Network reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $41.66.

A number of analysts have recently weighed in on IRBT shares. Analysts at Spruce Point Management initiated coverage on shares of iRobot in a research note on Tuesday, May 20th. They set a “strong sell” rating on the stock. Separately, analysts at JPMorgan Chase & Co. upgraded shares of iRobot from an “underweight” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $33.00 price target on the stock. Finally, analysts at Susquehanna raised their price target on shares of iRobot from $40.00 to $44.00 in a research note on Monday, April 21st. They now have a “positive” rating on the stock.

In other iRobot news, Director George C. Mcnamee unloaded 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $36.93, for a total transaction of $369,300.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

iRobot (NASDAQ:IRBT) traded up 4.21% during mid-day trading on Friday, hitting $36.11. 157,704 shares of the company’s stock traded hands. iRobot has a one year low of $28.90 and a one year high of $48.36. The stock’s 50-day moving average is $34.39 and its 200-day moving average is $37.02. The company has a market cap of $1.064 billion and a price-to-earnings ratio of 41.65.

iRobot (NASDAQ:IRBT) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. The company had revenue of $114.20 million for the quarter, compared to the consensus estimate of $112.26 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Analysts expect that iRobot will post $1.11 EPS for the current fiscal year.

iRobot Corporation develops and manufactures robotic solutions to real-world problems. The Company provides robotic technology and supplies developers with an industry standard platform to create robotic applications.

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