JUMP REPORT
EARNINGS REPORTING TARGET / Trajectory Analysis Study
This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
UPDATED: APRIL 24, 2018
IBRT
Target: iRobot, Inc. (IRBT)
Earnings Release Date: 4/24/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
iRobot, Inc. (IRBT) will be posting its FQ1-18 quarterly earnings results today at close. [IRBT] is expected to post earnings of $.50 per share on revenue of $215.61 Million. In the last quarter, the company reported $.54 earnings per share BEATING the analysts’ consensus estimate of $.46
Last 3 Quarters: “Jump Zone” Move: -32.3%, -13.91%, 24.45%
Consensus Estimates: ($.58 whisper) ($.57 estimize) ($.50 wall street)
Forward Guidance: The company said it expects 2018 earnings of $2.10 to $2.35 per share on revenue of $1.05 billion to $1.08 billion. The current consensus earnings estimate is $2.77 per share on revenue of $1.01 billion for the year ending December 31, 2018.>iRobot Corp develops robotics and artificial intelligence technologies and applies these technologies in producing and marketing robots. The Company’ segments include Home Robots and Defense and Security Robots.
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
1 YEAR CHART (For latest news and analysis visit The Insider Mole research tool)
OUR TRADE PLAN: LONG
ANALYSIS: StockJumpers trajectory analysis reveals a beat and a positive market reaction to the news. We are concerned that the main metric will be how they announce their forward guidance. Last quarter they beat and the stock dropped huge. There is a significant gap to fill and though investors may be skittish about Amazon entering the market for the time being, we think they will show good numbers.
We are overall LONG for the event, and move could be significant if they beat big.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 12-18%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.
How We Find and Trade These Events
IMPORTANT: This report has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. Stockjumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.