iRobot (IRBT) Crumbles: StockFalls by 7.4% - Tale of the Tape

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iRobot Corporation IRBT saw a big move last session, as the company's shares fell over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for IRBT, as the stock is now down nearly 7% in the past one-month time frame.

The provider of robotic technology-based solutions has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

IRBT currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the same sector include HollySys Automation Technologies, Ltd. HOLI, Rockwell Automation Inc. ROK and Ingersoll-Rand Plc IR. While HollySys Automation holds a Zacks Rank #1 (Strong Buy), Rockwell Automation and Ingersoll-Rand carry a Zacks Rank #2 (Buy).

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IROBOT CORP IRBT: Free Stock Analysis Report

HOLLYSYS AUTOMT HOLI: Free Stock Analysis Report

ROCKWELL AUTOMT ROK: Free Stock Analysis Report

INGERSOLL RAND IR: Free Stock Analysis Report

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