Market News

iRobot (IRBT) Reaches $62.88 After 9.00% Down Move; DONGFENG MOTOR GROUP COMPANY LTD SHS (DNFGF) Shorts Lowered By 93.07%

iRobot Corporation (NASDAQ:IRBT) Logo

DONGFENG MOTOR GROUP COMPANY LTD SHS (OTCMKTS:DNFGF) had a decrease of 93.07% in short interest. DNFGF’s SI was 919,700 shares in May as released by FINRA. Its down 93.07% from 13.27M shares previously. With 30,100 avg volume, 31 days are for DONGFENG MOTOR GROUP COMPANY LTD SHS (OTCMKTS:DNFGF)’s short sellers to cover DNFGF’s short positions. The SI to DONGFENG MOTOR GROUP COMPANY LTD SHS’s float is 0.03%. It closed at $1.16 lastly. It is down 0.00% since May 31, 2017 and is . It has underperformed by 12.57% the S&P500.

The stock of iRobot Corporation (NASDAQ:IRBT) is a huge mover today! The stock decreased 3.71% or $2.42 during the last trading session, reaching $62.88. About 253,510 shares traded. iRobot Corporation (NASDAQ:IRBT) has declined 33.81% since May 31, 2017 and is downtrending. It has underperformed by 46.38% the S&P500.The move comes after 9 months negative chart setup for the $1.75B company. It was reported on May, 31 by We have $57.22 PT which if reached, will make NASDAQ:IRBT worth $157.32 million less.

Dongfeng Motor Group Company Limited makes and sells commercial vehicles, passenger vehicles, and auto engines and parts in the PeopleÂ’s Republic of China. The company has market cap of $10.01 billion. The firm provides commercial vehicles, including heavy trucks, medium trucks, light trucks, and buses, as well as commercial vehicles engines; and passenger vehicles comprising sedans, MPVs, SUVs, and passenger vehicles engines. It has a 4.48 P/E ratio. It also offers a range of auto parts for commercial and passenger vehicles, which include power transmission systems consisting of gear boxes, clutches, and transmission shafts; vehicle bodies comprising stamping parts; chassis, such as axles, car frames, and chassis parts; and electronic components and other parts.

Among 14 analysts covering IRobot Corporation (NASDAQ:IRBT), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. IRobot Corporation had 36 analyst reports since September 18, 2015 according to SRatingsIntel. The rating was upgraded by Sidoti on Friday, February 9 to “Buy”. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, May 31. The rating was downgraded by Needham to “Hold” on Monday, November 14. On Thursday, October 26 the stock rating was maintained by Dougherty with “Hold”. The firm has “Market Perform” rating given on Friday, September 18 by Raymond James. Canaccord Genuity maintained the stock with “Hold” rating in Wednesday, October 25 report. The firm has “Hold” rating by Canaccord Genuity given on Friday, February 9. Canaccord Genuity maintained iRobot Corporation (NASDAQ:IRBT) rating on Wednesday, August 9. Canaccord Genuity has “Hold” rating and $9500 target. The firm earned “Underweight” rating on Friday, March 18 by JP Morgan. The firm earned “Market Outperform” rating on Tuesday, October 13 by JMP Securities.

Investors sentiment increased to 1.12 in Q1 2018. Its up 0.08, from 1.04 in 2017Q4. It improved, as 30 investors sold iRobot Corporation shares while 60 reduced holdings. 38 funds opened positions while 63 raised stakes. 22.40 million shares or 5.35% less from 23.67 million shares in 2017Q4 were reported. Tci Wealth Advsr Incorporated invested in 15 shares. Moreover, Moneta Grp Invest Advisors Ltd has 0.03% invested in iRobot Corporation (NASDAQ:IRBT). Teacher Retirement System Of Texas reported 0% stake. 9 are owned by Cornerstone Advisors Inc. Virginia Retirement Systems Et Al invested in 0.02% or 27,600 shares. Lpl Financial Ltd Liability Company accumulated 0% or 11,048 shares. Jpmorgan Chase And Commerce holds 27,109 shares or 0% of its portfolio. American reported 0% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Balyasny Asset Mngmt Ltd Liability Corp owns 14,492 shares or 0% of their US portfolio. First Manhattan Communication holds 100 shares. Profund Limited Liability Corp accumulated 5,687 shares or 0.01% of the stock. Arizona State Retirement reported 0.03% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Mason Street Advsrs Ltd Limited Liability Company has invested 0.01% in iRobot Corporation (NASDAQ:IRBT). Next Financial Gp Inc Inc holds 0.05% or 3,488 shares in its portfolio. Fortaleza Asset Mgmt owns 0.72% invested in iRobot Corporation (NASDAQ:IRBT) for 1,860 shares.

Analysts await iRobot Corporation (NASDAQ:IRBT) to report earnings on July, 24. They expect $0.17 EPS, down 37.04% or $0.10 from last year’s $0.27 per share. IRBT’s profit will be $4.73 million for 92.47 P/E if the $0.17 EPS becomes a reality. After $0.66 actual EPS reported by iRobot Corporation for the previous quarter, Wall Street now forecasts -74.24% negative EPS growth.

More notable recent iRobot Corporation (NASDAQ:IRBT) news were published by: which released: “iRobot CFO to Speak at Upcoming Investor Conferences” on May 30, 2018, also with their article: “iRobot Corp. (IRBT) Inventories Drop After A Strong Mothers Day – Piper Jaffray” published on May 16, 2018, published: “3 Stocks That Feel Like Netflix in 2002” on May 23, 2018. More interesting news about iRobot Corporation (NASDAQ:IRBT) were released by: and their article: “Research Report Identifies ILG, Innoviva, iRobot, KBR, KapStone Paper and Packaging, and Lumentum with Renewed …” published on May 08, 2018 as well as‘s news article titled: “25 Unstoppable Stocks to Buy No Matter What” with publication date: May 16, 2018.

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. The company has market cap of $1.75 billion. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stair; and Looj Gutter Cleaning Robot. It has a 33.04 P/E ratio.

iRobot Corporation (NASDAQ:IRBT) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *