IRBT Stock Summary and Trading Ideas (Irobot | NASDAQ:IRBT)

iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.

Irobot trades on the NASDAQ stock market under the symbol IRBT.

As of May 1, 2024, IRBT stock price was flat at $8.56 with 1,676,478 million shares trading.

IRBT has a beta of 0.51, meaning it tends to be less sensitive to market movements. IRBT has a correlation of 0.00 to the broad based SPY ETF.

IRBT has a market cap of $237.08 million. This is considered a Small Cap stock.

Last quarter Irobot reported $308 million in Revenue and -$1.82 earnings per share. This fell short of revenue expectation by $-446,000 and exceeded earnings estimates by $.29.

In the last 3 years, IRBT stock traded as high as $110.81 and as low as $6.48.

The top ETF exchange traded funds that IRBT belongs to (by Net Assets): VTI, IWM, VXF, VB, BOTZ.

IRBT has underperformed the market in the last year with a return of -78.2%, while the SPY ETF gained +21.9%. In the last 3 month period, IRBT fell short of the market, returning -39.9%, while SPY returned +2.3%. However, in the most recent 2 weeks IRBT has outperformed the stock market by returning +19.9%, while SPY returned -0.6%.

IRBT support price is $7.97 and resistance is $9.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IRBT stock will trade within this expected range on the day.