Analysts expect iRobot Co. (NASDAQ:IRBT) to announce earnings of $0.51 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for iRobot’s earnings. The lowest EPS estimate is $0.47 and the highest is $0.55. iRobot posted earnings of $0.54 per share in the same quarter last year, which would suggest a negative year over year growth rate of 5.6%. The firm is expected to report its next earnings report after the market closes on Wednesday, February 6th.

On average, analysts expect that iRobot will report full-year earnings of $2.69 per share for the current financial year, with EPS estimates ranging from $2.65 to $2.75. For the next financial year, analysts expect that the firm will post earnings of $2.88 per share, with EPS estimates ranging from $2.73 to $3.00. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow iRobot.

iRobot (NASDAQ:IRBT) last posted its earnings results on Tuesday, October 23rd. The industrial products company reported $1.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.64. The business had revenue of $264.50 million for the quarter, compared to analysts’ expectations of $245.12 million. iRobot had a return on equity of 15.95% and a net margin of 6.52%. The business’s revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share.

Several research analysts recently issued reports on IRBT shares. Piper Jaffray Companies downgraded iRobot from an “overweight” rating to a “neutral” rating in a research report on Monday, October 8th. Sidoti upgraded iRobot from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 16th. Canaccord Genuity started coverage on iRobot in a research report on Monday, November 5th. They set a “buy” rating and a $115.00 price objective for the company. Zacks Investment Research downgraded iRobot from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 25th. Finally, Needham & Company LLC upgraded iRobot from a “hold” rating to a “buy” rating and set a $95.00 price objective for the company in a research report on Wednesday, October 24th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $89.40.

Shares of NASDAQ:IRBT opened at $86.44 on Friday. The company has a market cap of $2.44 billion, a PE ratio of 48.84, a PEG ratio of 1.49 and a beta of 1.73. iRobot has a 12 month low of $55.77 and a 12 month high of $118.75.

In other iRobot news, CEO Colin M. Angle sold 11,117 shares of the business’s stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $89.96, for a total value of $1,000,085.32. Following the completion of the transaction, the chief executive officer now directly owns 475,956 shares in the company, valued at approximately $42,817,001.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Colin M. Angle sold 63,070 shares of the business’s stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $90.10, for a total value of $5,682,607.00. Following the completion of the transaction, the chief executive officer now owns 516,781 shares of the company’s stock, valued at $46,561,968.10. The disclosure for this sale can be found here. Insiders sold a total of 123,574 shares of company stock valued at $10,780,359 over the last quarter. 3.51% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. North Star Investment Management Corp. acquired a new stake in shares of iRobot during the 4th quarter worth $25,000. NEXT Financial Group Inc acquired a new stake in shares of iRobot during the 3rd quarter worth $121,000. Stratos Wealth Partners LTD. acquired a new stake in shares of iRobot during the 3rd quarter worth $127,000. PNC Financial Services Group Inc. increased its holdings in shares of iRobot by 74.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,556 shares of the industrial products company’s stock worth $118,000 after buying an additional 663 shares during the last quarter. Finally, Strs Ohio acquired a new stake in shares of iRobot during the 3rd quarter worth $175,000. Institutional investors own 97.20% of the company’s stock.

About iRobot

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stair.

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Earnings History and Estimates for iRobot (NASDAQ:IRBT)

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