80.40 -1.38 (-1.69%)
Before hours: 6:47AM EDT
|Bid||77.74 x 900|
|Ask||100.00 x 1300|
|Day's range||81.66 - 85.57|
|52-week range||32.79 - 94.00|
|Beta (5Y monthly)||1.73|
|PE ratio (TTM)||52.26|
|Earnings date||21 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||88.50|
What happened iRobot (NASDAQ: IRBT) shareholders beat the market last month as their stock rose 14% compared to a 1.8% boost in the S&P 500, according to data provided by S&P Global Market Intelligence.
iRobot (IRBT), with 65% growth in shares so far in 2020, benefits from impressive financial performance and solid demand for its Roomba and Braava products. However, the pandemic-related woes are concerning.
A renewed interest in home maintenance is lifting iRobot's (NASDAQ: IRBT) growth prospects. The robotic cleaning device specialist issued an operating update on Monday that included mostly good news for investors, as sales growth trends have improved in a few of its biggest global markets. The enthusiastic consumer response to its latest vacuum lineup has iRobot predicting a return to sales growth and profitability in the fiscal second quarter, in fact.
iRobot (IRBT) hikes sales projections for Q2, primarily driven by healthy orders for Roomba and Braava products. Also, it reiterates that the second half of 2020 will be better than the first half.
Shares of Roomba maker iRobot (NASDAQ: IRBT) raced out of their charging station this morning and are up 14.5% as of 11:55 a.m. EDT after the company released a "business update" describing the "substantially stronger-than-expected quarterly revenue" it collected in Q2 2020.
iRobot co-founder and CEO Colin Angle hops on Yahoo Finance to chat about people investing in their homes during the COVID-19 pandemic.
One side effect of the COVID-19 pandemic is that it has made it extremely difficult to ascertain the underlying trends in any given business. Is iRobot too reliant on its Roomba robotic vacuum cleaners, and/or can it successfully develop sales of its Braava robotic mops -- and in the future, Terra robotic lawnmowers? Given that the company sources product from China, what impact will the trade conflict have on its margins?
It was a feat iRobot achieved after a decade or so of throwing concepts against the wall, ultimately achieving success through a combination of outward-facing simplicity and under-the-hood sophistication. Notable recent additions to the dust bin of social home robotics history include Anki and Jibo. Founded in Los Angeles in early 2016 by USC robotics professor Maja Matarić and former iRobot CTO Paolo Pirjanian, Embodied is the latest company to swing for the fences here.
In its quarterly earnings today, iRobot announced an indefinite delay of its lawnmowing robot, Terra. No surprise, the company says fallout from the COVID-19 pandemic is to blame for the uncertainty. More specifically, it blames “current market realities.”
To the annoyance of some shareholders, iRobot (NASDAQ:IRBT) shares are down a considerable 34% in the last month. And...
iRobot (IRBT) delivered earnings and revenue surprises of 66.67% and 3.02%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
iRobot's (IRBT) Q4 results are likely to reflect adverse impacts of high promotional costs, increased tariffs and reduced prices of products. However, growth in U.S. and international sales might aid.
IRobot (IRBT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.