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As of close of business last night, Symbotic Inc’s stock clocked out at $35.50, down -1.91% from its previous closing price of $36.19. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 0.54 million shares were traded. SYM stock price reached its highest trading level at $36.39 during the session, while it also had its lowest trading level at $35.13.
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 19.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 251.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
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 Jul 02 ’24 when Dunn Michael David sold 5,188 shares for $35.49 per share. The transaction valued at 184,131 led to the insider holds 76,808 shares of the business.
KRASNOW TODD sold 2,000 shares of SYM for $70,971 on Jul 02 ’24. The Director now owns 2,000 shares after completing the transaction at $35.49 per share. On Jun 07 ’24, another insider, Ford Rollin L., who serves as the Director of the company, sold 49,998 shares for $37.29 each. As a result, the insider received 1,864,420 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 20660752384 and an Enterprise Value of 2674850816. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.62 while its Price-to-Book (P/B) ratio in mrq is 8.61. Its current Enterprise Value per Revenue stands at 1.787 whereas that against EBITDA is -25.235.
Stock Price History:
Over the past 52 weeks, SYM has reached a high of $64.14, while it has fallen to a 52-week low of $29.62. The 50-Day Moving Average of the stock is -10.05%, while the 200-Day Moving Average is calculated to be -15.54%.
Shares Statistics:
It appears that SYM traded 1.20M shares on average per day over the past three months and 1315620 shares per day over the past ten days. A total of 101.20M shares are outstanding, with a floating share count of 37.85M. Insiders hold about 62.96% of the company’s shares, while institutions hold 27.81% stake in the company. Shares short for SYM as of 1718323200 were 9141318 with a Short Ratio of 7.64, compared to 1715731200 on 9292560. Therefore, it implies a Short% of Shares Outstanding of 9141318 and a Short% of Float of 24.099999999999998.
