In the last trading session, 1.99 million Symbotic Inc (NASDAQ:SYM) shares changed hands as the company’s beta touched 1.83. With the company’s per share price at $23.45 changed hands at -$0.93 or -3.81% during last session, the market valuation stood at $13.80B. SYM’s last price was a discount, traded about -114.93% off its 52-week high of $50.40. The share price had its 52-week low at $17.11, which suggests the last value was 27.04% up since then.
Analysts gave the Symbotic Inc (SYM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.05. If we narrow down to specifics, the data shows that 1 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended SYM as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Symbotic Inc’s EPS for the current quarter is expected to be 0.05.
Symbotic Inc (NASDAQ:SYM) trade information
Instantly SYM was in red as seen at the end of in last trading. With action -15.68%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -1.10%, with the 5-day performance at -15.68% in the red. However, in the 30-day time frame, Symbotic Inc (NASDAQ:SYM) is -25.27% down.
The consensus price target for the stock as assigned by Wall Street analysts is 32, meaning bulls need an upside of 26.72% from its current market value. According to analyst projections, SYM’s forecast low is 29 with 35 as the target high. To hit the forecast high, the stock’s price needs a -49.25% plunge from its current level, while the stock would need to soar -23.67% for it to hit the projected low.
Symbotic Inc (SYM) estimates and forecasts
Year-over-year growth is forecast to reach 24.24% up from the last financial year.
Consensus estimates given by 16 financial analysts project the company’s revenue in the current quarter to hit an average of 522.36M. 16 analysts are of the opinion that Symbotic Inc’s revenue for the current quarter will be 563.31M. The company’s revenue for the corresponding quarters a year ago was 424.3M and 491.86M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 23.11%. The estimates for the next quarter sales put growth at 14.53%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -415.28%. The 2025 estimates are for Symbotic Inc earnings to increase by 108.91%, but the outlook for the next 5-year period is at 81.88% per year.
SYM Dividends
Symbotic Inc is expected to release its next quarterly earnings report in March.
BAILLIE GIFFORD & CO holds the second largest percentage of outstanding shares, with 10.3408% or 10.66 million shares worth $374.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Growth Index Fund and Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF . With 1.22 shares estimated at $28.64 million under it, the former controlled 1.13% of total outstanding shares. On the other hand, Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF held about 0.94% of the shares, roughly 1.02 shares worth around $23.81 million.
