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iRobot Co. (IRBT) Releases FY16 Earnings Guidance

iRobot Co. (NASDAQ:IRBT) released an refurbish on a FY16 gain superintendence on Wednesday morning. The association supposing gain per share (EPS) superintendence of $1.20-1.40 for a period, compared to a Thomson Reuters accord guess of $1.64, Analyst Ratings Net reports. The association released income superintendence of $630-642 million, compared to a accord income guess of $688.37 million.iRobot also updated a Q1 superintendence to ($0.03)-$0.04 EPS.

Shares of iRobot Co. (NASDAQ:IRBT) non-stop during 28.39 on Friday. The stock’s 50 day relocating normal is $33.01 and a 200 day relocating normal is $31.56. The organisation has a marketplace top of $825.27 million and a price-to-earnings ratio of 25.12. iRobot Co. has a 12-month low of $27.55 and a 12-month high of $37.71.

iRobot (NASDAQ:IRBT) final announced a quarterly gain information on Wednesday, Feb 10th. The association reported $0.65 EPS for a quarter, violence analysts’ accord estimates of $0.57 by $0.08. The organisation warranted $206.40 million during a quarter, compared to a accord guess of $202.30 million. The business’s income was adult 29.6% on a year-over-year basis. During a same duration final year, a business warranted $0.31 EPS. Equities analysts design that iRobot Co. will post $1.38 gain per share for a stream year.

IRBT has been a theme of a series of researcher reports. Zacks Investment Research downgraded shares of iRobot from a buy rating to a reason rating in a investigate news on Tuesday, Jan 19th. Canaccord Genuity reissued a buy rating and released a $40.00 cost design on shares of iRobot in a investigate news on Wednesday, Oct 21st. Chardan Capital instituted coverage on shares of iRobot in a investigate news on Wednesday. They released a buy rating and a $42.00 cost design for a company. Susquehanna reissued a neutral rating and released a $34.00 cost design (down formerly from $38.00) on shares of iRobot in a investigate news on Thursday, Dec 3rd. Finally, Piper Jaffray reissued a buy rating and released a $34.00 cost design on shares of iRobot in a investigate news on Wednesday, Nov 11th. Six analysts have rated a batch with a reason rating and 4 have given a buy rating to a stock. The association has an normal rating of Hold and an normal cost aim of $38.11.

In other iRobot news, CEO Colin M. Angle sole 59,074 shares of a business’s batch in a transaction antiquated Wednesday, Dec 16th. The shares were sole during an normal cost of $34.70, for a sum value of $2,049,867.80. Following a execution of a sale, a arch executive officer now owns 483,179 shares of a company’s stock, valued during approximately $16,766,311.30. The transaction was disclosed in a authorised filing with a Securities Exchange Commission, that is permitted by the SEC website.

iRobot Corporation is intent in conceptualizing and building robots. The Company designs robots for a consumer, invulnerability and security, telemedicine, and mobile video partnership markets. It operates in dual business segments: a home robots business, and a invulnerability and confidence robots business. The Company’s home robots business shred offers products to consumers by a network of sell businesses opposite a United States, to several countries by general distributors and retailers, and by a Company’s on-line store.

12 Month Chart for NASDAQ:IRBT

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Article source: http://www.thevistavoice.org/2016/02/12/irobot-co-irbt-releases-fy16-earnings-guidance/815271/

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