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After finishing at $23.36 in the prior trading day, Symbotic Inc (NASDAQ: SYM) closed at $22.77, down -2.53%. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 1.58 million shares were traded. SYM stock price reached its highest trading level at $23.66 during the session, while it also had its lowest trading level at $22.52.
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 13.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 195.84. 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.
KRASNOW TODD sold 17,000 shares of SYM for $364,765 on Aug 05 ’24. The Director now owns 0 shares after completing the transaction at $21.46 per share. On Aug 05 ’24, another insider, Todd Krasnow, who serves as the Officer of the company, bought 15,000 shares for $23.70 each.
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 13679078400 and an Enterprise Value of 1471363712. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.23 while its Price-to-Book (P/B) ratio in mrq is 5.61. Its current Enterprise Value per Revenue stands at 0.878 whereas that against EBITDA is -18.179.
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 $20.90. The 50-Day Moving Average of the stock is -27.58%, while the 200-Day Moving Average is calculated to be -44.46%.
Shares Statistics:
The stock has traded on average 1.70M shares per day over the past 3-months and 2192590 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 63.29% of the company’s shares, while institutions hold 32.94% stake in the company. Shares short for SYM as of 1722384000 were 12496649 with a Short Ratio of 7.37, compared to 1719532800 on 10585357. Therefore, it implies a Short% of Shares Outstanding of 12496649 and a Short% of Float of 31.61.
