JUMP REPORT
| Avg Daily Volume: 1,142,949 Market Cap: 1.62B Sector: Consumer Goods Short Interest: 43.11 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .52/share REV: 259.38/M
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LAST QTR: EPS: .03/share ACTUAL: .25/share (BEAT)
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NEXT QTR: EPS: .39/share REV: 443.9/M
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FULL YR: EPS: 2.27/share REV: 1,200/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 63% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -22.73, -23.22, 16.36
EXPECTED JUMP MOVE: 15-20%
Links To Latest News and Headlines
iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, announced today it will issue its first-quarter 2021 financial results after market close on Monday, May 3, 2021. The earnings press release will be posted at https://investor.irobot.com/news-releases.
If you think you already understand everything there is to know about autonomous vacuum cleaner company iRobot (NASDAQ: IRBT), then you might want to read this article to the end. Below the surface, the investment thesis is changing and you don’t want to miss this opportunity. Many winning stocks in the past experienced the same important transformation that iRobot is pursuing right now.
IRobot (IRBT) closed at $114.70 in the latest trading session, marking a -1.48% move from the prior day.
iRobot’s (IRBT) diversified product offerings, focus on innovation, marketing campaigns and healthy supply chain are beneficial. Cost inflation is concerning.
iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced it is diversifying its product offerings with the introduction of the iRobot H1 handheld vacuum for cleaning hard-to-reach areas like couches, curtains and stairs. The company also reported continued progress in its efforts to offer new services that provide customers with greater purchase protection and flexibility, such as its Protect and Protect+ extended warranties, and positive early test results from iRobot Select, its robot-as-a-service membership program.
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ANALYSIS:
StockJumpers trajectory analysis reveals a positive market reaction to the release news. It takes more than a beat however, last quarter they beat significantly and the stock went down on weaker guidance. We think its oversold for their potential and unless there is bad news on the horizon we see a pop up post release
We are biased long on this event.
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OUR TRADE PLAN:
ENTRY: BUY – end of day or before.
STOP LOSS: NA
INITIAL PROFIT TARGET: 13%
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TRADE ASSIST: TBA
POST RELEASE ACTION:
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
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