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The closing price of Symbotic Inc (NASDAQ: SYM) was $35.63 for the day, down -8.17% from the previous closing price of $38.80. In other words, the price has decreased by -$8.17 from its previous closing price. On the day, 2.8 million shares were traded. SYM stock price reached its highest trading level at $39.4 during the session, while it also had its lowest trading level at $35.46.
Ratios:
Our analysis of SYM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 252.19. 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.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 26 ’24 when Boyd William M III sold 8,826 shares for $38.71 per share. The transaction valued at 341,669 led to the insider holds 23,012 shares of the business.
Dunn Michael David sold 1,895 shares of SYM for $69,281 on Jul 24 ’24. The insider now owns 77,326 shares after completing the transaction at $36.56 per share. On Jul 15 ’24, another insider, Dunn Michael David, who serves as the insider of the company, sold 2,000 shares for $40.00 each. As a result, the insider received 80,000 and left with 74,808 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 20830296064 and an Enterprise Value of 2704482816. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.67 while its Price-to-Book (P/B) ratio in mrq is 8.65. Its current Enterprise Value per Revenue stands at 1.807 whereas that against EBITDA is -25.515.
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 -6.85%, while the 200-Day Moving Average is calculated to be -16.19%.
Shares Statistics:
SYM traded an average of 1.29M shares per day over the past three months and 1388600 shares per day over the past ten days. A total of 101.20M shares are outstanding, with a floating share count of 37.83M. Insiders hold about 62.98% of the company’s shares, while institutions hold 28.39% stake in the company. Shares short for SYM as of 1721001600 were 11284719 with a Short Ratio of 8.72, compared to 1718323200 on 9141318. Therefore, it implies a Short% of Shares Outstanding of 11284719 and a Short% of Float of 29.75.
Earnings Estimates
The stock of Symbotic Inc (SYM) is currently drawing attention from 10.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.0, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0.05, with high estimates of $0.09 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.28 and -$0.08 for the fiscal current year, implying an average EPS of $0.08. EPS for the following year is $0.5, with 10.0 analysts recommending between $0.86 and $0.33.
Revenue Estimates
For the next quarter, 15 analysts are estimating revenue of $516.84M. There is a high estimate of $566.9M for the next quarter, whereas the lowest estimate is $487.5M.
A total of 15 analysts have provided revenue estimates for SYM’s current fiscal year. The highest revenue estimate was $1.83B, while the lowest revenue estimate was $1.74B, resulting in an average revenue estimate of $1.77B. In the same quarter a year ago, actual revenue was $1.18BBased on 15 analysts’ estimates, the company’s revenue will be $2.51B in the next fiscal year. The high estimate is $2.68B and the low estimate is $2.26B.
