According to the latest data, iRobot Corporation (NasdaqGS:IRBT) has a current suggested portfolio ownership tally of 0.03190 (as a decimal) ownership. Target weight is the volatility adjusted recommended position size for a stock in your portfolio. The maximum target weight is 7% for any given stock. The indicator is derived from the 100 day volatility reading and calculates a target weight accordingly. The more recent volatility of a stock, the lower the target weight will be. The 3-month volatility stands at 58.555900 (decimal). This is the normal returns and standard deviation of the stock price over three months annualized. Looking further out, The 6-month volatility reading is 52.610800 and the 12 month is 56.468700.
Investors may be trying to decide if stocks will make new highs before the year is out, and whether or not the bull market will celebrate its 9th anniversary next year. The tricky part is prognosticating the short term picture. Investors may not be comfortable enough to go all in, but they may not want to get bearish given the solid economic backdrop. Will there be a big breakout given the strength of earnings and economic growth? Will investors just become numb to the headlines and decide to focus on the positive economic picture? It is always wise to remember that the market can have a correction at any time for any reason. If the political landscape gets even more dysfunctional, then it may be enough of a driver to spur a correction.
iRobot Corporation (NasdaqGS:IRBT) of the Household Goods & Home Construction sector closed the recent session at 90.730000 with a market value of $2545430.
Taking look at some key returns data we can note the following:
So how has iRobot Corporation (NasdaqGS:IRBT) performed in terms of returns? The ROIC quality score stands at 6.048674 whilet he actual return on invested capital holds at 0.321794. iRobot Corporation’s book to market ratio is at 0.221033 while the book to market mean difference is -0.09783. This indicator tells you how a company is currently valued in terms of Book to Market compared to its average Book to Market over the past 10 years. It’s important to note that BM is the inverse of the Price to book ratio. Thus a high BM ratio means a company is undervalued. iRobot Corporation (NasdaqGS:IRBT) has seen free cash flow growth of -0.236721 and has a free cash flow score of 0.426443. Free Cash Flow Score (FCF Score) is a value that is calculated by combining Free cash flow growth with free cash flow stability. It thus gives you a combined indication of free cash flow quality.
Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.251699 for iRobot Corporation (NasdaqGS:IRBT). The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.
Investors might have been ready to throw in the towel as the rally stalled recently. However, the panic subsided and growth-hungry investors came searching for their favorite stocks in the wreckage. Keeping things in perspective, the economy seems good, and so does earnings growth. Investors may be wondering where the money will be flowing in the second half of the year. Many people may assume healthcare and tech would be the easy targets, primarily because that’s where the earnings growth is. Industrials and staples are no slouches for growth either, but they may be well fully-valued for their growth. Traders will most likely be honing their strategies that they created, trying to beat the market over the next couple of months.
In addition to Capex to PPE we can look at Cash Flow to Capex. This ration compares a stock’s operating cash flow to its capital expenditure and can identify if a firm can generate enough cash to meet investment needs. Investors are looking for a ratio greater than one, which indicates that the firm can meet that need. Comparing to other firms in the same industry is relevant for this ratio. iRobot Corporation (NasdaqGS:IRBT)’s Cash Flow to Capex stands at 3.184153.
In looking at some Debt ratios, iRobot Corporation (NasdaqGS:IRBT) has a debt to equity ratio of 0.11611 and a Free Cash Flow to Debt ratio of 0.993310. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at -1.31604. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. iRobot Corporation’s ND to MV current stands at -0.053088. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.
A certain stock price rally by itself may not be sufficient evidence when making important investing decisions. To understand whether buying a stock at a higher price is justified by its long-term return potential, it is necessary to keep the finger on the pulse of underlying fundamentals. Following the latest data may help investors make the tough portfolio decisions. Investors may also want to set personal financial goals to help ensure that they are staying on the proper track. Financial professionals may be debating if global economic growth appears to be in a modest uptrend. This may have investors scrambling to study if developing markets are indeed growing with developed markets. This year could end up being the first year in a while where this has happened. The longer the bull market run, the tougher the investing decisions might be for the stock picker.
Near-Term Growth Drilldown
Now we’ll take a look at some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations. This number stands at 0.19222 for iRobot Corporation (NasdaqGS:IRBT). The one year Growth EBIT ratio stands at 0.34298 and is a calculation of one year growth in earnings before interest and taxes. The one year EBITDA growth number stands at 0.30634 which is calculated similarly to EBIT Growth with just the addition of amortization.
Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at 0.14647. The one year growth in Net Profit after Tax is 0.63820 and lastly sales growth was 0.19374.
50/200 Simple Moving Average Cross
iRobot Corporation (NasdaqGS:IRBT) has a 0.91199 50/200 day moving average cross value. Cross SMA 50/200 (SMA = Simple Moving Average) and is calculated as follows:
Cross SMA 50/200 = 50 day moving average / 200day moving average. If the Cross SMA 50/200 value is greater than 1, it tell us that the 50 day moving average is above the 200 day moving average (golden cross), indicating an upward moving share price.
On the other hand if the Cross SMA 50/200 value is less than 1, this shows that the 50 day moving average is below the 200 day moving average (a death cross), and tells us that share prices has fallen recently and may continue to do so.
Investors often closely follow fundamental and technical data. Even with all the evidence, it can be tough to determine if the economy and the markets are preparing for a whole new breakout run. With the recent trend resulting in a series of new all-time record highs, investors will have to put the pieces together to try and gauge how long the second longest bull market in history will continue. Some professionals are still wondering if the next recession is looming, and if a bear market is right around the corner. Investors commonly strive to locate the highest probability of success. The next goal may be to capitalize on what could become the most interesting part of the record bull market. Investors will most likely be concentrating on what has proven to work in the past, which may offer a better idea as to how successful the strategies will be heading into the second half of the year and beyond.
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