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After finishing at $22.24 in the prior trading day, Symbotic Inc (NASDAQ: SYM) closed at $21.90, down -1.53%. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 1.47 million shares were traded. SYM stock price reached its highest trading level at $22.42 during the session, while it also had its lowest trading level at $21.37.
Ratios:
Our goal is to gain a better understanding of SYM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 188.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Vertical Research on July 23, 2024, initiated with a Hold rating and assigned the stock a target price of $45.
On February 07, 2024, DA Davidson Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $50.
Needham reiterated its Buy rating for the stock on February 06, 2024, while the target price for the stock was revised from $58 to $54.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 09 ’24 when MIRIAM ORT bought 9,976 shares for $21.53 per share.
Todd Krasnow bought 15,000 shares of SYM for $355,500 on Aug 05 ’24. On Aug 05 ’24, another insider, KRASNOW TODD, who serves as the Director of the company, sold 17,000 shares for $21.46 each. As a result, the insider received 364,765 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYM now has a Market Capitalization of 12824136704 and an Enterprise Value of 1381075584. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.95 while its Price-to-Book (P/B) ratio in mrq is 5.39. Its current Enterprise Value per Revenue stands at 0.824 whereas that against EBITDA is -17.063.
Stock Price History:
Over the past 52 weeks, SYM has reached a high of $59.82, while it has fallen to a 52-week low of $21.11. The 50-Day Moving Average of the stock is -37.44%, while the 200-Day Moving Average is calculated to be -47.56%.
Shares Statistics:
The stock has traded on average 1.51M shares per day over the past 3-months and 2983900 shares per day over the last 10 days, according to various share statistics. A total of 101.20M shares are outstanding, with a floating share count of 38.09M. Insiders hold about 62.97% of the company’s shares, while institutions hold 27.60% stake in the company. Shares short for SYM as of 1721001600 were 11284719 with a Short Ratio of 8.25, compared to 1718323200 on 9141318. Therefore, it implies a Short% of Shares Outstanding of 11284719 and a Short% of Float of 29.04.
