iRobot Corporation (IRBT, Financial), a notable player in the consumer robotics sector, experienced a significant stock drop of 5.12%. The stock is currently priced at $6.85 per share with a trading volume of 641,621 shares and a turnover rate of 2.10%, showing a fluctuation of 5.06%.
According to recent financial reports, iRobot reported a revenue of $190 million but faced a net loss of $6.37 million, translating to an earnings per share (EPS) of -$0.21. The gross profit stood at $61.79 million, while the price-to-earnings ratio was calculated at -1.49.
In terms of analyst ratings, all of the two participating institutions recommended holding the stock, with no advisement for buying or selling. The broader home appliances and furniture sector, to which iRobot belongs, saw an overall decline of 1.38%.
Within the same industry, Energy Focus, Inc., Kewaunee Scientific, and Bassett Furniture showed notable increases. Meanwhile, Northann Corp., Nova LifeStyle, and iRobot were marked as active stocks, with turnover rates of 6.38%, 3.18%, and 2.10%, respectively. Stocks with significant fluctuations included Fgi Industries Ltd., Northann Corp., and Nova LifeStyle, with amplitudes of 19.30%, 17.90%, and 16.81%, respectively.
iRobot, headquartered in the USA, specializes in designing and manufacturing consumer robots for various in-home and outdoor activities. Its product lineup includes solutions for cleaning, mapping, navigation, human-machine interaction, and physical solutions, available through retail and online stores globally.
