Irobot Corporation Stock Fair Value – iRobot Shares Soar Above 200 Day Moving Average of $38.68
December 29, 2023
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IROBOT ($NASDAQ:IRBT): iRobot Corporation is a technology company specializing in developing, manufacturing, and selling robotic vacuums, pool cleaners, and other robotic products. The company has seen incredible success over the past few years and continues to expand its reach into the home robotics market. Its stock price has recently soared above the 200 day moving average of $38.68, a sign of investor confidence in the company’s future prospects. This surge in stock price is likely due to both the increasing demand for iRobot’s products as well as the innovation they bring to their market. They have released a wide variety of robotic vacuums, mops, and pool cleaners, all designed for easy use and efficient cleaning. Furthermore, they are always looking for new ways to improve their products, making them more efficient and powerful.
The success of iRobot Corporation is also due to their commitment to customer service. They strive to provide customers with quality products and an enjoyable experience. They are constantly working to improve their products and ensure that their customer satisfaction is high. With a surging stock price, they are well-positioned to continue their success into the future.
Market Price
On Tuesday, IROBOT CORPORATION shares opened at $39.1 and closed at $38.4, down 1.8 percent from its prior closing price of $39.1. This is despite the fact that its 200 day moving average of $38.68 is significantly higher than the Tuesday close. Investors have been encouraged by the company’s strong financial performance and robust product portfolio. In particular, its home robots have seen strong demand and steady sales growth, while its government and industrial solutions have been buoyed by increased demand for remote operations and automation.
With continued progress in product development, the company is well-positioned to capitalize on growth opportunities in the coming years. The company’s strong performance over the past several months has pushed its stock above its 200 day moving average and placed it in a very favorable position moving forward. 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 Stock Fair Value
At GoodWhale, we have conducted an in-depth analysis of IROBOT CORPORATION‘s wellbeing, based on its financials, fundamentals, and growth prospects. Our proprietary Valuation Line determined that the fair value of IROBOT CORPORATION share is around $29.1. However, the stock is currently traded at $38.4, overvalued by 31.9%. This means that investors who are looking to invest in the company must exercise caution when considering the current price. We believe that if IROBOT CORPORATION continues to deliver on their growth plans, their share price could reach the fair value or even exceed it. However, investors should always remain vigilant when it comes to investing in such stocks as there is no guarantee of future performance. 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
Investors in iRobot Corporation (IRBT) have reason to be optimistic as the stock price recently passed above its 200-day moving average of $38.68. This milestone is an indication that the stock is trending upwards and could be a good buy for investors. Technical analysis of the chart shows that the stock is in an uptrend and may continue to rise. Fundamental analysis of the company shows a healthy balance sheet with no significant debt.
The financial performance of iRobot Corporation has been impressive in recent quarters with rising revenue and earnings growth on the back of strong demand for its robots. The company has a strong position in the consumer robotics market and has been actively expanding its product portfolio. With these factors in mind, investors can consider adding iRobot Corporation to their portfolios.
