iRobot Corporation (NASDAQ:IRBT) – Stock analysts at Dougherty & Co issued their Q4 2017 earnings per share (EPS) estimates for shares of iRobot Corporation in a note issued to investors on Monday. Dougherty & Co analyst J. Fisher forecasts that the industrial products company will earn $0.23 per share for the quarter. Dougherty & Co currently has a “Neutral” rating on the stock. Dougherty & Co also issued estimates for iRobot Corporation’s FY2018 earnings at $2.76 EPS.

iRobot Corporation (NASDAQ:IRBT) last posted its quarterly earnings data on Tuesday, October 24th. The industrial products company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.16. iRobot Corporation had a return on equity of 12.79% and a net margin of 7.80%. The company had revenue of $205.40 million during the quarter, compared to analysts’ expectations of $204.52 million. During the same period last year, the firm earned $0.70 EPS. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis.

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Several other research firms have also commented on IRBT. Zacks Investment Research lowered iRobot Corporation from a “strong-buy” rating to a “hold” rating in a report on Monday, July 31st. Canaccord Genuity upped their target price on iRobot Corporation from $90.00 to $95.00 and gave the company a “hold” rating in a report on Thursday, July 27th. BidaskClub raised iRobot Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Piper Jaffray Companies upped their target price on iRobot Corporation to $92.00 and gave the company a “neutral” rating in a report on Wednesday, July 26th. They noted that the move was a valuation call. Finally, SprucePoint Capital reaffirmed a “sell” rating on shares of iRobot Corporation in a report on Thursday, September 14th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. iRobot Corporation currently has an average rating of “Hold” and an average target price of $64.00.

iRobot Corporation (NASDAQ:IRBT) traded down 0.80% during mid-day trading on Wednesday, reaching $66.65. The company’s stock had a trading volume of 300,700 shares. The firm has a 50-day moving average of $76.81 and a 200-day moving average of $88.05. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 32.69 and a beta of 1.18. iRobot Corporation has a 52 week low of $48.46 and a 52 week high of $109.78.

In other news, EVP Glen Daniel Weinstein sold 728 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $100.00, for a total transaction of $72,800.00. Following the completion of the transaction, the executive vice president now directly owns 68,355 shares in the company, valued at $6,835,500. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Alison Dean sold 33,809 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $100.00, for a total value of $3,380,900.00. Following the transaction, the chief financial officer now owns 82,609 shares of the company’s stock, valued at $8,260,900. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 44,537 shares of company stock valued at $4,380,800. Insiders own 4.49% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of IRBT. UBS Asset Management Americas Inc. boosted its position in shares of iRobot Corporation by 114.3% during the first quarter. UBS Asset Management Americas Inc. now owns 12,857 shares of the industrial products company’s stock worth $850,000 after buying an additional 6,858 shares during the period. Teachers Advisors LLC boosted its position in shares of iRobot Corporation by 5.7% during the first quarter. Teachers Advisors LLC now owns 46,735 shares of the industrial products company’s stock worth $3,091,000 after buying an additional 2,502 shares during the period. TIAA CREF Investment Management LLC boosted its position in shares of iRobot Corporation by 78.8% during the first quarter. TIAA CREF Investment Management LLC now owns 137,855 shares of the industrial products company’s stock worth $9,118,000 after buying an additional 60,762 shares during the period. California Public Employees Retirement System boosted its position in shares of iRobot Corporation by 0.7% during the first quarter. California Public Employees Retirement System now owns 42,600 shares of the industrial products company’s stock worth $2,818,000 after buying an additional 300 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of iRobot Corporation by 16.2% during the first quarter. PNC Financial Services Group Inc. now owns 1,988 shares of the industrial products company’s stock worth $132,000 after buying an additional 277 shares during the period. Institutional investors and hedge funds own 81.25% of the company’s stock.

iRobot Corporation Company Profile

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company’s portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home.

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