Analysts Have Been Trimming Their IRobot Corporation (NASDAQ:IRBT) Price Target After Its Latest Report
Analysts Have Been Trimming Their IRobot Corporation (NASDAQ:IRBT) Price Target After Its Latest Report
There's been a major selloff in iRobot Corporation (NASDAQ:IRBT) shares in the week since it released its quarterly report, with the stock down 21% to US$6.92. Revenues of US$193m missed forecasts by 11%, but at least statutory losses were much smaller than expected, with per-share losses of US$0.21 coming in 40% smaller than what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
irobot股份公司(納斯達克股票代碼:IRBT)自發布季度報告以來的一週裏,股價大幅下跌21%至6.92美元。營收達到19300萬美元,較預期低11%,但至少法定虧損要小得多,每股虧損0.21美元比分析師預測的小40%。分析師通常會在每次業績發佈後更新他們的預測,我們可以從他們的估算中判斷公司的看法是否改變,或者是否有任何需要注意的新問題。我們認爲讀者會發現看到分析師對明年最新(法定)盈利預測很有趣。
Taking into account the latest results, the three analysts covering iRobot provided consensus estimates of US$737.9m revenue in 2025, which would reflect a considerable 9.7% decline over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 61% to US$1.70. Before this earnings announcement, the analysts had been modelling revenues of US$818.0m and losses of US$1.82 per share in 2025. It looks like there's been a modest increase in sentiment in the recent updates, with the analysts becoming a bit more optimistic in their predictions for losses per share, even though the revenue numbers fell somewhat.
考慮到最新的結果,覆蓋irobot的三位分析師預計2025年營收爲73790萬美元,同比過去12個月大幅下降9.7%。每股虧損預計在不久的將來將大幅減少,縮小61%至1.70美元。在此業績公佈之前,分析師一直在預測2025年的營收爲81800萬美元,每股虧損爲1.82美元。最近的更新顯示,雖然收入數字有所下降,但分析師對每股虧損的預測變得更加樂觀。
The analysts have cut their price target 12% to US$11.47per share, suggesting that the declining revenue was a more crucial indicator than the forecast reduction in losses. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values iRobot at US$11.94 per share, while the most bearish prices it at US$11.00. This is a very narrow spread of estimates, implying either that iRobot is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
分析師已將其每股價格目標下調12%至11.47美元,表明下降的營收是比預測中減少的虧損更爲關鍵的指標。查看分析師估值的區間也是有益的,以評估異常意見與均值有多大不同。目前,最看好的分析師認爲irobot每股價值11.94美元,而最看淡的價格是11.00美元。這是一個非常狹窄的估值區間,表明irobot要麼是一家易於估值的公司,要麼更可能的是分析師在很大程度上依賴於一些關鍵假設。
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would also point out that the forecast 7.9% annualised revenue decline to the end of 2025 is roughly in line with the historical trend, which saw revenues shrink 8.4% annually over the past five years By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 5.8% per year. So it's pretty clear that, while it does have declining revenues, the analysts also expect iRobot to suffer worse than the wider industry.
要更好地了解這些預測的背景,一種方法是將其與過去的表現進行比較,以及同行業其他公司的表現進行對比。我們還要指出,截至2025年底,預計營業收入將年均下降7.9%,與過去五年年均營業收入下降8.4%的歷史趨勢大致相符。相比之下,我們的數據表明,類似行業中其他公司(接受分析師覆蓋)的預測是每年營業收入增長5.8%。因此顯然,儘管營業收入在下降,分析師們也預計iRobot會比整個行業表現更糟。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The most obvious conclusion is that the analysts made no changes to their forecasts for a loss next year. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Even so, earnings per share are more important to the intrinsic value of the business. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
最明顯的結論是,分析師們對明年虧損的預測沒有任何改變。不幸的是,他們還降低了營業收入預估,而我們的數據顯示相對整個行業來說表現不佳。即便如此,每股收益對業務的內在價值更爲重要。此外,分析師們還調低了價格目標,這表明最新消息導致人們對業務的內在價值更加悲觀。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for iRobot going out to 2025, and you can see them free on our platform here.
記住這一點,我們仍然認爲業務的長期軌跡對投資者來說更爲重要。我們對irobot截至2025年的預測已經準備好,您可以在我們的平台上免費查看。
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with iRobot (at least 2 which shouldn't be ignored) , and understanding these should be part of your investment process.
儘管如此,仍然有必要考慮投資風險這個永恒的幽靈。我們已經確定了iRobot的4個警示信號(至少有2個不容忽視),了解這些信號應該是您投資過程的一部分。
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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。