Irobot Corporation Intrinsic Value Calculator – IROBOT CORPORATION Reports Q3 Earnings Results for FY2023
November 21, 2023
🌥️Earnings Overview
IROBOT ($NASDAQ:IRBT): The IRobot Corporation reported their FY2023 Q3 earnings results for the period from July 1 to September 30 2023 on November 7 2023. Total revenue had decreased by 33.1%, amounting to a total of USD 186.2 million, compared to the same period in the prior year. The net income for this quarter totaled USD -79.2 million, representing a decrease of -128.4 million year-over-year.
Stock Price
The stock opened at $32.1 and closed at $31.5, down by 1.7% from prior closing price of 32.1. Overall, IROBOT CORPORATION performed well in the third quarter of FY2023 despite the challenging environment and volatile market conditions. The company’s strong financials demonstrate its continued commitment to creating value for its shareholders and stakeholders. Moving forward, investors can expect the company to continue to deliver consistent earnings growth as it looks to expand its offerings in the robotic industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Irobot Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 940.91 | -325.22 | -34.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Irobot Corporation. More…
| Operations | Investing | Financing |
| 8.94 | -6.78 | 97.69 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Irobot Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 831.48 | 578.59 | 9.08 |
Key Ratios Snapshot
Some of the financial key ratios for Irobot Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -10.5% | 26.3% | -31.5% |
| FCF Margin | ROE | ROA |
| 0.3% | -64.1% | -22.3% |
Analysis – Irobot Corporation Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of IROBOT CORPORATION‘s wellbeing. Our proprietary Valuation Line has determined that the intrinsic value of IROBOT CORPORATION shares is around $28.6. Currently, IROBOT CORPORATION stock is being traded at $31.5, a fair price that is overvalued by 10.0%. We did not find any other factors in our analysis that might suggest a different price. Therefore, we recommend that investors should be aware that the company may be overvalued and should monitor the stock closely for any changes. More…
Peers
The competition among iRobot Corp and its competitors is fierce. All of the companies are striving to be the best in the industry and to provide the best products and services to their customers. Each company has its own strengths and weaknesses, and it is up to the customer to decide which company is the best fit for their needs.
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Summary
IROBOT CORPORATION reported a drop in revenue and net income for Q3 FY2023, with revenue at USD 186.2 million and net income at USD -79.2 million. This represents a 33.1% and -128.4% decrease respectively from the same quarter of FY2022. Investors should take note of this marked decrease and further monitor the company’s financial performance in the coming quarters. In addition, investors should also consider other factors such as competitive forces, customer demand, and macroeconomic conditions when making investment decisions in the stock.
