iRobot (NASDAQ:IRBT) updated its FY18 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.10-2.35 for the period, compared to the Thomson Reuters consensus estimate of $2.81. The company issued revenue guidance of $1.05-1.08 billion, compared to the consensus revenue estimate of $1.02 billion.
Several equities research analysts have recently commented on the company. Zacks Investment Research upgraded iRobot from a hold rating to a buy rating and set a $75.00 price target for the company in a research note on Thursday, November 2nd. BidaskClub upgraded iRobot from a buy rating to a strong-buy rating in a research note on Thursday, January 18th. Canaccord Genuity restated a hold rating and set a $65.00 price target (down previously from $95.00) on shares of iRobot in a research note on Thursday, October 26th. Needham & Company LLC restated a hold rating on shares of iRobot in a research note on Thursday, October 26th. Finally, Dougherty & Co restated a neutral rating on shares of iRobot in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a strong buy rating to the company. iRobot has an average rating of Hold and a consensus target price of $70.75.
iRobot (NASDAQ:IRBT) traded up $0.95 during trading hours on Wednesday, reaching $88.04. The company’s stock had a trading volume of 1,640,000 shares, compared to its average volume of 815,444. The stock has a market capitalization of $2,440.00, a PE ratio of 41.73, a price-to-earnings-growth ratio of 1.48 and a beta of 0.94. iRobot has a 1 year low of $52.12 and a 1 year high of $109.78.
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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