IRBT trade ideas
$IRBT Expect A Short SqueezeYesterday we got the catalyst we were looking for from $IRBT - a solid earnings report. With 48% of the float short, we expect $IRBT to squeeze the shorts. Here are the highlights"
iRobot (NASDAQ:IRBT): Q4 Non-GAAP EPS of $0.69 in-line; GAAP EPS of $0.70 beats by $0.29.
Revenue of $426.78M (+10.9% Y/Y) beats by $10.83M.
Shares of iRobot (NASDAQ:IRBT) popped after the company hires a new CFO and reports Q4 EPS even above the highest estimate turned in by analysts.
Revenue was up 11% during the quarter and operating income came in at $16.6M vs. $29.8M a year ago. Tariff costs factored into the OI decline.
The company promoted VP of finance Julie Zeiler to take over the CFO position from Alison Dean.
As always, trade with caution and use protective stops.
Good luck to all!
I Robot Corp High Risk - High Reward
Currently 63% of the highs
Long term trend line has held.
Bottom forming.
MACD and Histogram in reversal
RSI recovering from oversold
very reasonable P/E ratio 15.25
Company profile
iRobot Corp. is a robot company, which engages in designing and building robots. Its products include robot vacuums, robot maps, and pool cleaners. The company was founded by Rodney Allen Brooks, Colin M. Angle and Helen Greiner in August 1990 and is headquartered in Bedford, MA.
IRBT- Fin de correction potentielleIRBT est une action du secteur technologique portant sur la vente de robot.
Portrait mensuel : Test et rebond du bas du canal
Portrait daily : Cassure au-dessus de la ligne tendance baissière + Clôture au-dessus des MM120,100,50,30,20.
Fort potentiel pour un retracement vers la MM200
Niveau fondamental : une progression au niveau des EPS (bénéfice par action).
Un price earning actuel de 16.7 et un price earning estimé de 63, ce qui se traduit par une estimation plutôt importante à prendre en considération pour l'ensemble de l'année.
$IRBT Filled Gap$IRBT is back to my action watch list. It has broken the downtrend line AND filled the gap. It's not actionable for me yet. I'll wait for a pullback, hopefully around $53.50 or so AND then resume it's uptrend. Once it does that I'll open a 1/2 position unless it gets too close to earnings which is likely. I think earnings are on Feb 3. Ideas, not investing / trading advice.
IROBOT reversal tradeEntry level $53 = Target price $63 = Stop loss $49
Major short squeeze potential for the stockwhich has looked to have found a bottom.
P/e ratio 16.54
Short interest = 46.23% which is huge for such a well known brand
Average Recommendation: Hold Average Target Price:$53.33
01 BUY
00 OVERWEIGHT
07 HOLD
01 SELL
Company profile
iRobot Corp. is a robot company, which engages in designing and building robots. Its products include robot vacuums, robot maps, and pool cleaners. The company was founded by Rodney Allen Brooks, Colin M. Angle and Helen Greiner in August 1990 and is headquartered in Bedford, MA.
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$IRBT One to WatchThis one may be worth putting on your watch list. However, it needs to break the down trend line and fill the gap before I'll go long. If it breaks the trend line in the next week or two it should also fill that gap. This could easily fail in the gap so, have to have lots of patience... Ideas, not investing / trading advice.