Resilient Portfolios For Fragile Investors: iRobot Corporation (IRBT), Franklin Resources, Inc. (BEN)

iRobot Corporation (NASDAQ:IRBT) has its shares plummet by -62.78% or $83.42 from its all-time high of $132.88, with IRBT attaining that price back on March 05, 2019. The drop in the price of the shares saw it stand at $49.46 per share. IRBT has been trading at a low of $44 over the past one year but it surged by 12.41% or $5.46 to reach the $49.46 mark. Following the massive rise in stock price, IRBT received more attention from investors and analysts. On Wednesday, the stock dipped by -2.21%, which caused investors and analysts to worry about it. Following the plunge in price, the IRBT beta stands at 1.51, implying that its volatility level has gone up by -0.51 ahead of the general market. A look at the stock’s 200-day moving average shows that it is -44.05% below while its 50-day moving average shows that it is currently -14.51% below. Compared to 5.1% average daily volatility of past month, the stock’s average volatility for this week has decreased by -0.8 as the volatility level currently stands at 4.3%.

Over the past seven days, the stock has witnessed a price surge by 1.02%. This massive rise in stock price has caught the attention of both investors and market traders. The stock has performed poorly over the past 52 weeks, dropping by -49.35% during that time frame and is now down by -40.94% since this point this year. IRBT has fell by -13.86% over the past 30 days, with its equity price losing% of its value over the past ninety days. These figures add up to see the stock record a shortfall of -48.76% over the past six months.

Market analysts from research firms still remain bullish about the short-term performance of IRBT. Most of them are of the view that the stock would be able to reach $55.86 over the next 12 months. If that happens, then the stock would witness a 12.94% rise in its price and that would see the stock’s market cap hit an astonishing $2 Billion. Analysts view this stock as a bearish at the moment as its average rating is 2.7. According to Reuters, many of the 10 analysts covering the stock at the moment believe it is a Buy. 7 of them rated IRBT as a Hold while 2 of them either rated it as a Buy or a Strong Buy. However, 1 of them advised investors to sell the stock if they have it or shouldn’t buy it if they don’t possess any.

The stock’s technical analysis reveals that its 14-day Relative Strength Index (RSI) is currently in a neutral position as it was able to attain 36.47 points. The trading volume now standing at 1607767 shares. The increase of 307767 shares in trading volume shows that traders and investors have shown more interest in the stock over the past few weeks. During that trading session, the average trading volume of IRBT was 1300000 shares, which is more than 1.24 times higher than its usual trading volume.

Franklin Resources, Inc. has seen its stock (NYSE:BEN) plunge by $-0.43 or -1.48% to currently trade at $28.56. This fall in the price of the stock has seen it establish a strong support at $28.37 a share. If the stock price is to drop below that support level, then it would be followed by a bearish trend. A slip below $28.17 would be bad for BEN as it would mean that the stock has lost 1.37% of its value. The stock going in the opposite direction and breaking past the resistance point to reach $28.88 would see it surge even higher. BEN would attempt to surge past the upward resistance point which is set at $29.19 a share. BEN has an average volatility of 2.2% over the past 30 days, while it has gained 10.47% of its value compared to its 52-weeks low point which stands at $25.57 on Aug 28, 2019. In the same breath, BEN has lost 0.25% compared to its 52-weeks high point which currently stands at $28.49 a share reached on Apr 15, 2019.

Analysts have set a 1-year price target for this stock, with most of them expecting it to reach $26.14/share over the next 12 months. If that happens, then BEN would witness a -8.47% rise from its current price. The price of the stock has been moving between $28.49 and $29. Not all analysts believe it would hit that target though, as some of them expect it to trade lower, as low as $16 per share. In the same breath, one analyst believes that the stock is set to soar even higher than expected, as the price target was set at $31.

The stock is currently overbought as its Stochastic Oscillator (%D) is at 80.33%, which implies that a dip in price could be experienced soon. Its shares P/S ratio is above the 0.68 industry average and above the 0.51 by the wider market, as BEN’s P/S ratio currently stands at 2.42. The stock’s estimated price-earnings (P/E) multiple is 11.41 which is also above the 12-month price-earnings (P/E) which stands at 11.28. Franklin Resources, Inc. has experienced a fall in its earnings, recording an decrease rate of -1.1% in each quarter over the past five years.