Uncategorized

Traders Watch list: iRobot Corporation (NASDAQ:IRBT) & Neovasc Inc. (NASDAQ:NVCN)

iRobot Corporation (NASDAQ:IRBT)

iRobot Corporation the leading global consumer robot company, designs and builds robots that empower people to do more both inside and outside of the home. iRobot created the home robot cleaning category with the introduction of its Roomba Vacuuming Robot in 2002. iRobot’s product line, including the Roomba and the Braava family of mopping robots, feature proprietary technologies and advanced concepts in cleaning, mapping and navigation. iRobot’s engineers are building an ecosystem of robots and data to enable the smart home. The company has developed some of the world’s most important robots, and has a rich history steeped in innovation. Its robots have revealed mysteries of the Great Pyramid of Giza, found harmful subsea oil in the Gulf of Mexico, and saved thousands of lives in areas of conflict and crisis around the globe. iRobot brought the first self-navigating FDA-approved remote presence robots to hospitals and introduced the first practical home robot with Roomba, in home cleaning.

iRobot Corporation (NASDAQ:IRBT)’s Financial Overview

iRobot Corporation (NASDAQ) surged 7.76% yesterday to close its trading session at $114.5. The company has 1 year Price Target of $102.17. iRobot Corporation has 52-Week high of $118.75 and 52-Week Low of $56.61. The stock touched its 52-Week High on 118.75 and 52-Week Low on 56.61. The stock traded with the volume of 1.43 Million shares yesterday. The firm shows the market capitalization of $3.15 Billion.

iRobot Corporation (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $1.12/share against the analyst consensus estimate of $0.48/share. The difference between the actual and expected EPS is $0.64 a share with a surprise factor of 133.3%.

The firm is trading with SMA20 of 27.93 Percent, SMA50 of 30.84 Percent and SMA200 of 33.18 percent. iRobot Corporation has P/S value of 2.88 while its P/B value stands at 6.25. Similarly, the company has Return on Assets of 8.8 percent, Return on Equity of 11.9 percent and Return on Investment of 12.6 Percent. The company shows Gross Margin and Operating Margin of 50.8 percent and 7.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.3 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 7 analysts offering 12-month price forecasts for iRobot Corp have a median target of 95.00, with a high estimate of 118.00 and a low estimate of 78.00. The median estimate represents a -17.03% decrease from the last price of 114.50.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Neovasc Inc. (NASDAQ:NVCN)

Neovasc Inc. is a specialty medical device company. It develops, manufactures and markets products for the cardiovascular marketplace. The Company’s products include the Tiara (TM) mitral valve prosthesis in development for the transcatheter treatment of mitral valve disease, the Neovasc Reducer (TM) for the treatment of refractory angina and a line of advanced biological tissue products that are used as key components in third-party medical products, including transcatheter heart valves. Neovasc Inc. is headquartered in Richmond, Canada.

Neovasc Inc. (NASDAQ:NVCN)’s Financial Outlook

The 4 analysts offering 12-month price forecasts for Neovasc Inc have a median target of 2.75, with a high estimate of 3.00 and a low estimate of 1.10. The median estimate represents a +297.40% increase from the last price of 0.69.

Neovasc Inc. is estimated to report earnings on 03/27/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.13. The reported EPS for the same quarter last year was $-2.

According to Zacks Investment Research, Neovasc Inc. has a Consensus Recommendation of 2. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock declined -0.66% and closed its last trading session at $0.69. The company has the market capitalization of $17.29 Million. The stock has 52-week high of $36 and 52-Week low of $0.43. The firm touched its 52-Week high on 38.35 and 52-Week low on 0.43. The company has volume of 441020 shares. The company has a total of 24.98 Million shares outstanding.

Neovasc Inc. (NASDAQ) in the last quarter reported its actual EPS of $-0.06/share where the analyst estimated EPS was $-0.07/share. The difference between the actual and Estimated EPS is $0.01. This shows a surprise factor of 14.3 percent.

The company has YTD performance of 14.76 percent. Beta for Neovasc Inc. stands at 0 while its ATR (average true range) is 0.06. The company has Weekly Volatility of 4.68%% and Monthly Volatility of 10.88%%.

Neovasc Inc. has distance from 20-day Simple Moving Average (SMA20) of -3.26%, Distance from 50-Day Simple Moving Average of 0.36 percent and Distance from 200-Day Simple Moving Average of -72.78%.

The Company currently has ROA (Return on Assets) of 0 percent, Return on Equity (ROE) of 0 Percent and Return on Investment (ROI) of 0% with Gross margin of 0 percent and Operating & Profit margin of 0% and 0% respectively.