Why iRobot Is Poised to Bounce Back

Updated
Why iRobot Is Poised to Bounce Back

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, robot specialist iRobot has earned a respected four-star ranking.

With that in mind, let's take a closer look at iRobot and see what CAPS investors are saying about the stock right now.

iRobot facts

Headquarters (founded)

Bedford, Mass. (1990)

Market Cap

$976.2 million

Industry

Household appliances

Trailing-12-Month Revenue

$463.55 million

Management

Co-Founder/Chairman/CEO Colin Angle

CFO Alison Dean

Return on Equity (average, past 3 years)

13.2%

Cash/Debt

$152.9 million/$0

Competitors


Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 91% of the 1,318 members who have rated iRobot believe the stock will outperform the S&P 500 going forward.

Just last week, one of those Fools, DLester78, succinctly summed up the iRobot bull case for our community:

Better company than movie or book. Anytime you can take a menial task that truly is a waste of time and automate it. To cap off why ... Sweeping and cleaning sucks. It does nothing for the economy and there are many daily tasks that if automated would allow someone to focus on being productive. I think more people will adopt smart technologies and [iRobot] has a brand name.

With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!

The article Why iRobot Is Poised to Bounce Back originally appeared on Fool.com.

Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends iRobot and owns shares of Lockheed Martin. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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