The shares of iRobot Corporation (NASDAQ:IRBT) has been pegged with a rating of Buy by Canaccord Genuity in its latest research note that was published on November 5th, 2018. Canaccord Genuity wasn’t the only research firm that published a report of iRobot Corporation, with other equities research analysts also giving their opinion on the stock. Dougherty & Company advised investors in its research note published on October 24th, 2018, to Neutral the IRBT stock. The stock had earned Neutral rating from Piper Jaffray when it published its report on October 8th, 2018. The stock was given Neutral rating by Sidoti in its report released on September 4th, 2018. Raymond James was of a view that IRBT is Mkt Perform in its latest report on July 10th, 2018. Needham thinks that IRBT is worth Hold rating. This was contained in the firm’s report on July 5th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $102.17. The price of the stock the last time has raised by 86.79% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 71.60.
The shares of the company added by 6.25% during the trading session on Friday, reaching a low of $96.4 while ending the day at $104.17. During the trading session, a total of 2.6 million shares were traded which represents a -379885.98% decline from the average session volume which is 684.54K shares. IRBT had ended its last session trading at 98.04. iRobot Corporation currently has a market cap of $2.86B, while its P/E ratio stands at 33.87, while its P/E earnings growth sits at 2.62, with a beta of 1.62. iRobot Corporation debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.60. IRBT 52-week low price stands at $55.77 while its 52-week high price is $118.75.
The company in its last quarterly report recorded $0.88 earnings per share which is above the $0.50 predicted by most analysts. The iRobot Corporation generated $384.67 million in revenue during the last quarter, which is slightly higher than the $381.26 million predicted by analysts. In the second quarter last year, the firm recorded $1.12 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -27.27%. iRobot Corporation has the potential to record 3.08 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Raymond James published a research note on July 24th, 2018 where it informed investors and clients that Gogo Inc. (NASDAQ:GOGO) is now rated as Mkt Perform. Dougherty & Company also rated GOGO as Reiterated on October 24th, 2018, with its price target of suggesting that GOGO could surge by 44.36% from its current share price. Even though the stock has been trading at $4.09/share, analysts expect it to surge higher by -7.09% to reach $6.83/share. It started the day trading at $4.08 and traded between $3.68 and $3.80 throughout the trading session.
A look at its technical shows that GOGO’s 50-day SMA is 3.73 while its 200-day SMA stands at 4.87. The company’s average trading volume currently stands at 2.23M shares, which means that the short-interest ratio is just 13.46 days. Over the past seven days, the company moved, with its shift of -8.65%. Looking further, the stock has dropped -48.02% over the past 90 days while it lost -7.09% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Stelliam Investment Management LP bought more GOGO shares, increasing its portfolio by +1.27% during the last quarter. This move now sees Stelliam Investment Management LP purchasing 104,600 shares in the last quarter, thus it now holds 8,360,400 shares of GOGO, with a total valuation of $24,997,596. The Vanguard Group Inc meanwhile bought more GOGO shares in the recently filed quarter, changing its stake to $15,324,847 worth of shares. Valinor Management LP followed the path by increasing its GOGO portfolio by +33.66% in the quarter. This means that Valinor Management LP bought 1,094,407 shares in the last quarter and now controls 4,345,379 shares of the GOGO stock, with the valuation hitting $12,992,683.
Similarly, Elk Creek Partners LLC increased its Gogo Inc. shares by +76.97% during the recently filed quarter. After buying 1,455,879 shares in the last quarter, the firm now controls 3,347,481 shares of Gogo Inc. which are valued at $10,008,968. In the same vein, Frontier Capital Management Co L decreased its Gogo Inc. shares by during the most recent reported quarter. The firm sold -43,261 shares during the quarter which decreased its stakes to 2,490,794 shares and is now valued at $7,447,474. Following these latest developments, around 0.10% of Gogo Inc. stocks are owned by institutional investors and hedge funds.