iRobot Co. (NASDAQ:IRBT) – Investment analysts at Dougherty & Co issued their Q1 2018 earnings estimates for shares of iRobot in a research note issued on Monday. Dougherty & Co analyst J. Fisher anticipates that the industrial products company will post earnings of $0.68 per share for the quarter. Dougherty & Co currently has a “Neutral” rating on the stock.

iRobot (NASDAQ:IRBT) last posted its earnings results on Wednesday, February 7th. The industrial products company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.29. The company had revenue of $327.00 million during the quarter, compared to analysts’ expectations of $319.02 million. iRobot had a net margin of 5.77% and a return on equity of 12.62%. iRobot’s quarterly revenue was up 53.9% on a year-over-year basis. During the same period last year, the company posted $0.45 earnings per share.

Several other equities analysts have also recently weighed in on IRBT. Piper Jaffray Companies reaffirmed a “neutral” rating on shares of iRobot in a research note on Thursday, February 8th. JPMorgan Chase & Co. raised shares of iRobot from an “underweight” rating to a “neutral” rating and set a $61.00 target price for the company in a research note on Friday. Sidoti raised shares of iRobot from a “neutral” rating to a “buy” rating in a research note on Friday. UBS Group raised shares of iRobot from a “market perform” rating to an “outperform” rating in a research note on Friday. Finally, Needham & Company LLC reaffirmed a “hold” 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 assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $68.80.

iRobot (IRBT) opened at $61.58 on Tuesday. The firm has a market cap of $1,613.94, a price-to-earnings ratio of 34.79, a P/E/G ratio of 1.05 and a beta of 0.94. iRobot has a 52 week low of $54.06 and a 52 week high of $109.78.

Hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement Association of Colorado bought a new position in iRobot during the fourth quarter valued at $152,000. Raymond James Financial Services Advisors Inc. bought a new position in iRobot during the fourth quarter valued at $226,000. Flagship Harbor Advisors LLC bought a new position in iRobot during the fourth quarter valued at $236,000. Kovack Advisors Inc. bought a new position in iRobot during the fourth quarter valued at $246,000. Finally, Trexquant Investment LP bought a new position in iRobot during the third quarter valued at $287,000. Institutional investors and hedge funds own 80.54% of the company’s stock.

In other iRobot news, CEO Colin M. Angle sold 45,200 shares of the stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $80.06, for a total transaction of $3,618,712.00. Following the completion of the transaction, the chief executive officer now owns 534,663 shares in the company, valued at $42,805,119.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrew Miller sold 441 shares of the stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $80.11, for a total transaction of $35,328.51. Following the transaction, the director now owns 4,670 shares of the company’s stock, valued at approximately $374,113.70. The disclosure for this sale can be found here. 4.49% of the stock is owned by company insiders.

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iRobot Company Profile

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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