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Shares of iRobot (NASDAQ:IRBT) have been given an average rating of “Buy” by the ten brokerages that are currently covering the stock, AnalystRatings.Net reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $41.93.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of iRobot in a research note on Thursday. They now have a $36.50 price target on the stock, up previously from $33.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of iRobot in a research note on Wednesday, June 25th. They now have a $40.00 price target on the stock. Finally, 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.

Shares of iRobot (NASDAQ:IRBT) opened at 36.51 on Wednesday. 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 $37.42 and its 200-day moving average is $38.06. The company has a market cap of $1.076 billion and a P/E ratio of 43.45.

iRobot (NASDAQ:IRBT) last released its earnings data on Tuesday, April 22nd. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue 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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