iRobot (IRBT)

Re: iRobot (IRBT)

Postby winston » Sat Sep 16, 2017 9:17 pm

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A-Rated Consumer Stocks to Buy: iRobot Corporation

iRobot Corporation (NASDAQ:IRBT) doesn’t sell vacuums, it sells robots that vacuum. And that difference is very big in this sector.

Recently, IRBT stock tanked simply because a new low-priced competitor announced it was coming to market with a new robotic vacuum.

The concern from a money management firm that makes its name sending out dire predictions of stocks it wants to short, said that this new entrant had gone after vacuum maker Dyson and certainly hurt sales of its high-end machines.

But the difference is, IRBT has always been about the programming. Its robotic vacuums and devices are valued for their programming as well as their ability to keep a tidy floor.

What’s more, IRBT has already stood up to the industry’s biggest and best names — including Dyson — and it has always prevailed due to its quality. And there’s no reason to think this will change anytime soon.

The stock is up nearly 40% YTD and it will continue to grow as consumers bring more robots into their homes.

Source: Investor Place
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Re: iRobot (IRBT)

Postby winston » Wed Oct 25, 2017 7:04 pm

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IRobot beats 3Q profit forecasts

BEDFORD, Mass. (AP) _ IRobot Corp. (IRBT) on Tuesday reported third-quarter profit of $22.1 million.

On a per-share basis, the Bedford, Massachusetts-based company said it had profit of 76 cents. Earnings, adjusted for pretax gains, were 60 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The robotics technology company posted revenue of $205.4 million in the period.

IRobot expects full-year earnings to be $1.65 to $2 per share, with revenue in the range of $870 million to $880 million.

IRobot shares have risen 29 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $75.26, a climb of 69 percent in the last 12 months.

Source; Associated Press
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Re: iRobot (IRBT)

Postby winston » Wed Oct 25, 2017 8:22 pm

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iRobot: Cleaning the Global Market

Oct. 23, 2017

Summary

Global expansion through local distributors will increase incremental revenue and achieve economies of scale.

Robotic Vacuum Cleaning industry continues to grow rapidly with iRobot having dominant market shares globally.

Strong management with a focused view as well as clean balance sheet.

Strong holiday season sales results could also lead to price appreciation, realizing the effects of higher spending and efficiency in targeted marketing.

The launch of a new consumer robot category (outdoor cleaning robots) early next year may receive significant attention from the investors as it expands its portfolio of products.


Total revenue in FY 2016 was $661M with 52% gross margin.

The company has grown revenue at 19% CAGR for the past 5 years, including a few acquisitions and expanded gross margin from 49% to 52%.


Source: Seeking Alpha

https://seekingalpha.com/article/411556 ... ngcom_feed
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Re: iRobot (IRBT)

Postby winston » Thu Feb 22, 2018 9:17 am

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Robot Stocks to Buy and Hold: iRobot Corporation (IRBT)

IRBT Stock Will Keep Rebounding Because the Robots Are Coming

The company behind the mega popular Roomba vacuum, iRobot Corporation (NASDAQ:IRBT) is the undisputed king of the robotic vacuum world.

Although some IRBT bears have been concerned about rising competition, the company has successfully deflected those concerns en route to consistent 20%-plus revenue growth every single quarter.

And that is expected to continue over the next several years.

iRobot plans on launching several new products in 2018, thereby growing its reach in the consumer robotics world.

Rumors are that a robotic lawnmower is in the works. Then, there will likely be a robotic window cleaner, a robotic surface cleaner, a robotic trash remover… the list of potential new products goes on and on.

Therefore, IRBT is the best of the robot stocks to buy for a pure-play on the whole consumer robotics market. This is a market projected to grow at a 20%-plus rate into 2023, meaning that IRBT’s revenue growth should remain in excess of 20% over the next several years.

Meanwhile, gross margins continue to grow despite the emergence of lower-priced competitors. Gross margin resiliency speaks to IRBT’s dominance, and illustrates that the company has powerful long-term margin drivers in place.

Altogether, this is a 20%-plus revenue growth narrative with strong margin drivers, implying earnings growth prospects in excess of 25%.

But IRBT stock trades at just 28-times forward earnings, implying a price-to-earnings/growth (PEG) ratio of 1.1

The market is at a PEG of 1.2, so not only is this a promising growth stock, but its also an undervalued growth stock.

Source: Investor Place
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Re: iRobot (IRBT)

Postby winston » Thu Mar 07, 2019 10:28 pm

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A BULL MARKET IN TIME-SAVING TECH

Today's chart tells us times are good in the U.S...

As longtime readers know, we like to check many economic bellwethers here in DailyWealth.

Ski resorts, payroll services, and home-improvement stores might be very different businesses, but they all tell us when Americans are earning and spending money. Today, we see another sign of prosperity from an unlikely source...

iRobot (IRBT) makes Roomba robotic vacuum cleaners and other household robotic devices. When you buy a Roomba to automatically clean your floors, it means that your time is too valuable to spend pushing a vacuum.

Considering the latest Roomba I7+ costs up to $1,100, that's pretty darn valuable (even if it can empty its own dustbin). But consumers are buying... iRobot recently reported record sales of $1.1 billion for 2018 – up 24% from the year before.

As you can see, IRBT shares are soaring... They're up about 80% over the past year, recently hitting a new all-time high. When Americans have money to burn on pricey time-saving products, it's a good sign for the economy...

Source: Daily Wealth
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Re: iRobot (IRBT)

Postby winston » Wed Apr 24, 2019 9:33 pm

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iRobot Stumbles on a Mixed Quarter

But that doesn't mean the home-robotics leader is disappointed with its performance.

by Steve Symington Steve

Source: Motley Fool

https://www.fool.com/investing/2019/04/ ... lrf0000001
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Re: iRobot (IRBT)

Postby winston » Thu Apr 25, 2019 11:33 am

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iRobot Falls Sharply on First-Quarter Revenue Miss

iRobot tumbles after missing Wall Street's first-quarter revenue expectations.

Earnings came to $22.5 million, or 78 cents a share, up from $20.4 million, or 71 cents a share a year ago, and beat analysts' forecasts of 60 cents a share.

Revenue totaled $237.7 million, up from the year-ago total of $217.1 million a year ago, but missed Wall Street's expectation of $251 million.

iRobot increased its expectations for full-year earnings to a range of $3.15 to $3.40 a share, from $3 to $3.25 a share, to reflect a 14-cent favorable tax impact the company recorded in the first quarter.

"First-quarter revenue grew 9% over Q1 2018.


Source: The Street

https://www.thestreet.com/investing/iro ... yptr=yahoo
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Re: iRobot (IRBT)

Postby winston » Fri Apr 26, 2019 1:56 pm

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How Bulls Can Still Clean Up With iRobot Stock

by Chris Tyler

The robotics outfit best known for its Roomba vacuum products beat analyst profit views and reaffirmed its aggressive full-year outlook. But investors didn’t exactly buy what management was selling.


Source: Investor Place

https://finance.yahoo.com/news/bulls-st ... 07443.html
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Re: iRobot (IRBT)

Postby winston » Tue May 07, 2019 11:09 am

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Why You Should Buy the Dip In iRobot Stock

by Luke Lango

Lawnmover Terra - 2H 2019


Source: Investor Place

https://finance.yahoo.com/video/underst ... 07429.html
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Re: iRobot (IRBT)

Postby investar » Wed May 08, 2019 4:25 am

Interesting, thanks

The Roomba works well (we have one here) but is priced much higer than its Chinese peers.
It could become a winner of the trade war. Or is that shortsighted? must do some research first

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