As such, iRobot is enjoying the lowest P/E ratio in its history. This is much better than the P/E value the company had before the elevator sank, which was 28. The company also has a Price-Earnings Ratio of 16 due to the 21 percent decrease in its stock price. Uh-oh, what?s happened to the darling of Massachusetts robotics? But wait, even more startling, why now, a week later, are analysts suddenly so upbeat on iRobot?s future?įor one thing, iRobot has no debt. Enter the long faces of doom and gloom merchants quickly spilling over into the media with dire forecasts. In the after-hours session, the elevator suddenly fell?precipitously! with iRobot’s shares plummeting downward by $8.07, or 21 percent, to $30.23 (52wk high and low: 22.46 and 39.00). Nice going, until the company announced lower than expected guidance for 2012 of $0.75 to $0.95, missing the average analyst estimate of $1.39. We?re all familiar now with the scenario from that startling Wednesday evening back in early February when iRobot’s stock (NASDAQ: IRBT) had just put up yeoman-like numbers, rising $1.44, or 4 percent, to close at $38.30 in regular-session trading.
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