Opinions
The Panic-Proof Portfolio (Stockchase Research)
iRobot Corporation
IRBT-Q
TOP PICK
Oct 14, 2021
Stockchase Research Editor: Michael O'Reilly We reiterate IRBT as a TOP PICK. It trades at 21x earnings compared to peers at 32x. It is growing cash reserves, despite buying back over $40 million of its shares. We would buy this with a stop loss at $70, looking to achieve $108 -- upside potential over 30%. Yield 0% (Analysts’ price target is $108.20)
$81.525
Stock price when the opinion was issued
Consumer Products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
Stockchase Research Editor: Michael O'Reilly IRBT is really cleaning up as it just reported a 57% increase in revenues. Direct to consumer sales were up 146% and EPS of $0.41 beat expectations by $0.62. Semi-conductor constraints were mentioned as a reason for a slight increase in costs, but this will ease soon. It trades at 18x earnings, compared to peers at over 50x. Over 95% of the shares are institutionally held, providing good staying power. We would buy this with a stop loss at $70, looking to achieve $120 -- upside potential over 28%. Yield 0% (Analysts’ price target is $119.67)
Consumer Products
PAST TOP PICK
(A Top Pick Oct 14/21, Down 14.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with IRBT has triggered its stop at $70. To remain discplined, we recommend covering the balance of the holding at this time. When combined with the previous buy recommendation, this results in a net investment loss of 20%
Consumer Products
Advertising