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As of close of business last night, Symbotic Inc’s stock clocked out at $40.26, up 0.17% from its previous closing price of $40.19. In other words, the price has increased by $0.17 from its previous closing price. On the day, 1.05 million shares were traded. SYM stock price reached its highest trading level at $40.55 during the session, while it also had its lowest trading level at $39.47.
Ratios:
To gain a deeper understanding of SYM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 260.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
On February 06, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $58 to $54.
On October 03, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $50.KeyBanc Capital Markets initiated its Overweight rating on October 03, 2023, with a $50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 24 ’24 when Dunn Michael David sold 1,747 shares for $40.08 per share. The transaction valued at 70,016 led to the insider holds 74,032 shares of the business.
KRASNOW TODD sold 2,000 shares of SYM for $84,406 on Apr 05 ’24. The Director now owns 10,447 shares after completing the transaction at $42.20 per share. On Apr 02 ’24, another insider, Dunn Michael David, who serves as the insider of the company, sold 5,444 shares for $43.29 each. As a result, the insider received 235,674 and left with 71,366 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 23658184704 and an Enterprise Value of 2941117696. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.00 while its Price-to-Book (P/B) ratio in mrq is 21.33. Its current Enterprise Value per Revenue stands at 2.196 whereas that against EBITDA is -20.931.
Stock Price History:
The Beta on a monthly basis for SYM is 1.96, which has changed by 0.72051287 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, SYM has reached a high of $64.14, while it has fallen to a 52-week low of $22.40. The 50-Day Moving Average of the stock is -6.67%, while the 200-Day Moving Average is calculated to be -6.06%.
Shares Statistics:
It appears that SYM traded 1.47M shares on average per day over the past three months and 938650 shares per day over the past ten days. A total of 82.11M shares are outstanding, with a floating share count of 31.31M. Insiders hold about 68.02% of the company’s shares, while institutions hold 17.37% stake in the company. Shares short for SYM as of 1713139200 were 7818915 with a Short Ratio of 5.33, compared to 1710460800 on 7000312. Therefore, it implies a Short% of Shares Outstanding of 7818915 and a Short% of Float of 21.47.
Earnings Estimates
The current rating of Symbotic Inc (SYM) is the result of assessments by 6.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.15, while EPS last year was -$0.1. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.0 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.02 and -$0.06 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is $0.53, with 7.0 analysts recommending between $1.35 and $0.28.
Revenue Estimates
For the next quarter, 13 analysts are estimating revenue of $448.41M. There is a high estimate of $485.8M for the next quarter, whereas the lowest estimate is $419.04M.
A total of 13 analysts have provided revenue estimates for SYM’s current fiscal year. The highest revenue estimate was $1.88B, while the lowest revenue estimate was $1.63B, resulting in an average revenue estimate of $1.75B. In the same quarter a year ago, actual revenue was $1.18BBased on 13 analysts’ estimates, the company’s revenue will be $2.51B in the next fiscal year. The high estimate is $2.81B and the low estimate is $1.96B.
