News coverage about iRobot (NASDAQ:IRBT) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. iRobot earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.5448672114694 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
IRBT has been the topic of a number of recent research reports. SprucePoint Capital reissued a “sell” rating on shares of iRobot in a report on Thursday, September 14th. Zacks Investment Research raised iRobot from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Tuesday, October 17th. BidaskClub downgraded iRobot from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 23rd. Citigroup started coverage on iRobot in a research note on Monday. They set a “neutral” rating and a $74.00 target price for the company. Finally, Sidoti raised iRobot from a “neutral” rating to a “buy” rating in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $70.75.
iRobot (NASDAQ IRBT) traded up $1.82 during midday trading on Thursday, hitting $66.85. The stock had a trading volume of 1,146,515 shares, compared to its average volume of 871,498. The stock has a market cap of $1,850.00, a PE ratio of 34.70, a PEG ratio of 1.76 and a beta of 0.99. iRobot has a fifty-two week low of $52.12 and a fifty-two week high of $109.78.
iRobot (NASDAQ:IRBT) last released its quarterly earnings results 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 had a return on equity of 12.79% and a net margin of 7.80%. The business had revenue of $205.40 million during the quarter, compared to analysts’ expectations of $204.52 million. During the same period in the prior year, the business posted $0.70 EPS. The company’s revenue was up 21.8% compared to the same quarter last year. equities analysts forecast that iRobot will post 1.85 earnings per share for the current fiscal year.
In other news, EVP Glen Daniel Weinstein sold 728 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $100.00, for a total transaction of $72,800.00. Following the sale, the executive vice president now owns 68,355 shares of the company’s stock, valued at approximately $6,835,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Alison Dean sold 33,809 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 82,609 shares in the company, valued at approximately $8,260,900. The disclosure for this sale can be found here. 4.49% of the stock is currently owned by corporate insiders.
ILLEGAL ACTIVITY NOTICE: “iRobot (NASDAQ:IRBT) Given Media Impact Score of 0.11” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another publication, it was copied illegally and republished in violation of United States and international copyright and trademark legislation. The original version of this report can be read at https://www.dispatchtribunal.com/2017/12/07/irobot-corporation-irbt-getting-somewhat-positive-press-coverage-study-finds.html.
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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