iRobot Corporation (IRBT) Falls: Stock Goes Down 5.2% - Tale of the Tape - iRobot (NASDAQ:IRBT)

iRobot Corporation IRBT saw a big move last session, as the company's shares fell more than 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $40.25–$45.54 in the past one-month time frame, showed a sharp decline yesterday at $42.06.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. 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 on this firm in the near future, and especially on earnings estimates following the recent slump.

IRBT currently has a Zacks Rank #4 (Sell) while its Earnings ESP is zero.

Some better-ranked stocks in the consumer goods sector include Rockwell Automation Inc. ROK, 3M Company MMM and CLARCOR Inc. CLC. All these stocks carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

CLARCOR INC CLC: Free Stock Analysis Report

IROBOT CORP IRBT: Free Stock Analysis Report

3M CO MMM: Free Stock Analysis Report

ROCKWELL AUTOMT ROK: Free Stock Analysis Report

To read this article on Zacks.com click here.

Market News and Data brought to you by Benzinga APIs