In the latest session, Symbotic Inc (NASDAQ: SYM) closed at $40.61 down -4.47% from its previous closing price of $42.51. On the day, 1300379 shares were traded.
Ratios:
For a deeper understanding of Symbotic Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 262.66. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 05 ’24 when KRASNOW TODD sold 2,000 shares for $42.20 per share. The transaction valued at 84,406 led to the insider holds 10,447 shares of the business.
Dunn Michael David sold 5,444 shares of SYM for $235,674 on Apr 02 ’24. The insider now owns 71,366 shares after completing the transaction at $43.29 per share. On Apr 01 ’24, another insider, Dunn Michael David, who serves as the insider of the company, sold 2,000 shares for $45.52 each. As a result, the insider received 91,040 and left with 63,646 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 16.14 while its Price-to-Book (P/B) ratio in mrq is 21.52.
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 $22.40.
Shares Statistics:
A total of 82.11M shares are outstanding, with a floating share count of 30.59M. Insiders hold about 68.02% of the company’s shares, while institutions hold 17.16% stake in the company.
Earnings Estimates
There are Vanguard High Dividend Yield ET different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $46.95, with high estimates of $40.61 and low estimates of $339.13.
Analysts are recommending an EPS of between $Industrials and $Healthcare for the fiscal current year, implying an average EPS of $Basic Materials.
