Is It Time to Buy iRobot Corporation Stock?
While the approximately 12% drop in iRobot's (NASDAQ: IRBT) stock on Wednesday, following the company's earnings release, might not imply that the consumer cleaning robot company had a good quarter, a close look at the numbers from the quarterly update suggests otherwise.
Here's a look at three key takeaways from iRobot's third-quarter earnings report, and why investors may want to consider buying iRobot after this sell-off.
iRobot Roomba 980. Image source: iRobot
Source: Fool.com
iRobot Corp. Stock
€8.72
2.910%
With 9 Sell predictions and only 2 Buy predictions the community sentiment for iRobot Corp. is rather negative.
With a target price of 7 € there is a slightly negative potential of -19.72% for iRobot Corp. compared to the current price of 8.72 €.
