First Trust Dorsey Wright Dynamic Foc 5 (FVC) Forms $27.61 Double Top; Irobot (IRBT) Sentiment Is 1.12

June 25, 2018 - By Jerrie Dane

iRobot Corporation (NASDAQ:IRBT) Logo

First Trust Dorsey Wright Dynamic Foc 5 (FVC) formed double top with $28.99 target or 5.00% above today’s $27.61 share price. First Trust Dorsey Wright Dynamic Foc 5 (FVC) has $530.03M valuation. The stock decreased 2.30% or $0.65 during the last trading session, reaching $27.61. About 13,590 shares traded. First Trust Dorsey Wright Dynamic Foc 5 (NASDAQ:FVC) has risen 20.34% since June 25, 2017 and is uptrending. It has outperformed by 7.77% the S&P500.

Irobot Corp (IRBT) investors sentiment increased to 1.12 in 2018 Q1. It’s up 0.08, from 1.04 in 2017Q4. The ratio improved, as 101 active investment managers opened new or increased equity positions, while 90 reduced and sold their stakes in Irobot Corp. The active investment managers in our database now have: 22.40 million shares, down from 23.67 million shares in 2017Q4. Also, the number of active investment managers holding Irobot Corp in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 30 Reduced: 60 Increased: 63 New Position: 38.

More recent iRobot Corporation (NASDAQ:IRBT) news were published by: Nasdaq.com which released: “How Braava Will Be iRobot’s Next Big Catalyst” on June 21, 2018. Also Fool.com published the news titled: “Could iRobot Corporation Be a Millionaire Maker Stock?” on June 11, 2018. Prnewswire.com‘s news article titled: “iRobot CFO to Speak at Upcoming Investor Conferences” with publication date: May 30, 2018 was also an interesting one.

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. The company has market cap of $2.09 billion. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stair; and Looj Gutter Cleaning Robot. It has a 39.41 P/E ratio.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $1.90 million activity.

The stock decreased 1.21% or $0.915 during the last trading session, reaching $75.005. About 114,253 shares traded. iRobot Corporation (IRBT) has declined 33.81% since June 25, 2017 and is downtrending. It has underperformed by 46.38% the S&P500. Some Historical IRBT News: 23/04/2018 – IRobot to Amazon: Bring It On — Barron’s Blog; 24/04/2018 – IROBOT SEES FY EPS $2.15 TO $2.40; 22/04/2018 – DJ iRobot Corporation, Inst Holders, 1Q 2018 (IRBT); 24/04/2018 – IROBOT CORP IRBT.O SEES FY 2018 REVENUE UP 19 TO 22 PCT; 25/04/2018 – It’s telling that $IRBT iRoomba is down even when they claim strong earnings; 07/05/2018 – iRobot Presenting at Citi SMID Conference Jun 6; 30/05/2018 – iRobot Presenting at Nasdaq Investor Conference Jun 12; 24/04/2018 – IROBOT 1Q REV. $217.1M, EST. $214.3M; 14/05/2018 – Old Mutual Global Investors Uk Exits Position in iRobot; 24/04/2018 – iRobot 1Q EPS 71c

Ratings analysis reveals 75% of iRobot’s analysts are positive. Out of 4 Wall Street analysts rating iRobot, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $52.0 while the high is $65.0. The stock’s average target of $56.25 is -25.00% below today’s ($755) share price. IRBT was included in 4 notes of analysts from October 17, 2016. Dougherty & Company initiated iRobot Corporation (NASDAQ:IRBT) rating on Thursday, November 17. Dougherty & Company has “Buy” rating and $65.0 target. Sidoti initiated it with “Neutral” rating and $56.0 target in Monday, November 14 report. Benchmark maintained iRobot Corporation (NASDAQ:IRBT) on Monday, October 17 with “Buy” rating. Needham maintained iRobot Corporation (NASDAQ:IRBT) on Thursday, October 27 with “Buy” rating.

Analysts await iRobot Corporation (NASDAQ:IRBT) to report earnings on July, 24. They expect $0.17 EPS, down 37.04% or $0.10 from last year’s $0.27 per share. IRBT’s profit will be $4.73 million for 110.30 P/E if the $0.17 EPS becomes a reality. After $0.66 actual EPS reported by iRobot Corporation for the previous quarter, Wall Street now forecasts -74.24% negative EPS growth.

iRobot Corporation (NASDAQ:IRBT) Institutional Positions Chart