How to Buy Irobot Stock
Irobot Corp
iRobot Corporation designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally.
Irobot stock last closed at $6.84, down 0.73% from the previous day, and has decreased 84.32% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.84 percentage points. Irobot stock is currently +3.64% from its 52-week low of $6.60, and -86.72% from its 52-week high of $51.49.
As of Apr 24, 2024, there are 27.96M IRBT shares outstanding. The market cap of IRBT is $191.28M. In the last 24 hours, 815,700 IRBT shares were traded.
How to Buy Irobot Stock
Not sure how to invest in Irobot stock? Here's how.
- Decide where to buy Irobot stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Irobot stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Irobot stock: The Irobot ticker symbol is IRBT. Is Irobot stock a good investment? Should you buy shares of IRBT? How do IRBT's underlying business fundamentals look? Do top analysts think Irobot is a good buy? Why has IRBT's stock price moved recently? (Hint: Our stock market analysis website can help you understand if IRBT is a good stock to buy).
- Place your IRBT trade: Decide if you will purchase IRBT shares at the current market price or use a limit order to buy IRBT shares at a specific price.
- Get the latest news on your IRBT investment: Create a watchlist to get live updates on your new investment in Irobot shares.
Step 1: Decide where to buy Irobot stock
You need an online brokerage account in order to access the NASDAQ market and buy IRBT shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you can invest in IRBT stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on mobile trading apps, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Irobot stock
After you have decided on the best place to buy Irobot stock, it's very important to analyze their stock before you invest, so you can understand the risk and upside.
Overview of key IRBT info
IRBT Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on IRBT's stock page.
How is IRBT stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IRBT's true value.
Using relative valuations methods:
- IRBT may be undervalued based on its P/B ratio of 0.97x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.18x
You can do additional valuation research on IRBT's stock here.
IRBT Financial Health
Pros:
- There are more short-term assets than long-term liabilities on the IRBT balance sheet.
- IRBT has cash burn of 117655000. It has sufficient cash and short-term investments to cover this for at least one year.
- IRBT has $185.12M in cash and short term investments. This is enough to cover its annual cash burn of $117.66M.
- There are more short-term assets than short-term liabilities on the IRBT balance sheet.
Cons:
- IRBT has a relatively high debt to equity ratio of 2.73.
- IRBT profit margin has gone down from -24.2% to -34.2% in the past year.
- Total IRBT debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Irobot stock, according to analysts?
Out of 1 Wall Street analysts who monitor IRBT, the consensus analyst rating on Irobot is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Irobot stock forecast page.
IRBT Technicals
IRBT Growth Numbers
Last year, IRBT revenue was $890.58M. During the last 5 year, IRBT's revenue has increased by -4.01% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 19.79%.
You can analyze IRBT's earnings and revenue performance here.
What are IRBT insiders up to?
Over the past 12 months, executives and large shareholders at IRBT have sold more shares than they have bought.
Colin M. Angle, Director of IRBT, was the latest IRBT insider to sell. They sold $13,143.38 worth of IRBT stock on Mar 12, 2024.
Dig into more about who owns IRBT stock here.
Can I get consistent income from IRBT stock?
No, Irobot doesn't provide an income stream by paying out dividends.
What do other investors have to say about IRBT?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your IRBT trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place the order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your IRBT investment
Now that you own some IRBT stock, you'll want to keep up with your new stock purchase.
Create a watchlist to track the most important metrics related to your IRBT stock.
IRBT Feed
How to Buy Stock in Irobot
To reiterate, here are the 6 steps you need to take to buy Irobot stock right now:
- Decide where to buy Irobot stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Irobot stock
- Place your IRBT trade
- Get the latest news on your IRBT investment
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Irobot, add IRBT to your watchlist by clicking the button below.
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