During the last session, Symbotic Inc (NASDAQ:SYM)’s traded shares were 1.22 million, with the beta value of the company hitting 1.85. At the end of the trading day, the stock’s price was $22.57, reflecting an intraday gain of 3.20% or $0.7. The 52-week high for the SYM share is $50.40, that puts it down -123.31 from that peak though still a striking 24.19% gain since the share price plummeted to a 52-week low of $17.11. The company’s market capitalization is $13.28B, and the average trade volume was 2.28 million shares over the past three months.
Symbotic Inc (SYM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.05. SYM has a Sell rating from 1 analyst(s) out of 13 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.05.
Symbotic Inc (NASDAQ:SYM) trade information
Symbotic Inc (SYM) registered a 3.20% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.20% in intraday trading to $22.57, hitting a weekly high. The stock’s 5-day price performance is -4.85%, and it has moved by -22.73% in 30 days. Based on these gigs, the overall price performance for the year is -44.86%.
The consensus price target of analysts on Wall Street is $32, which implies an increase of 29.47% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $29 and $35 respectively. As a result, SYM is trading at a discount of -55.07% off the target high and -28.49% off the low.
Symbotic Inc (SYM) estimates and forecasts
In the rating firms’ projections, revenue will increase 24.24% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 522.36M as predicted by 16 analyst(s). Meanwhile, a consensus of 16 analyst(s) estimates revenue growth to 563.31M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 424.3M and 491.86M respectively. In this case, analysts expect current quarter sales to grow by 23.11% and then jump by 14.53% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -415.28%. While earnings are projected to return 108.91% in 2025, the next five years will return 81.88% per annum.
SYM Dividends
Symbotic Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 10.66 million shares, is of BAILLIE GIFFORD & CO’s that is approximately 10.3408% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $374.84 million.
Also, the Mutual Funds coming in first place with the largest holdings of Symbotic Inc (SYM) shares are Vanguard Growth Index Fund and Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF . Data provided on Dec 31, 2024 indicates that Vanguard Growth Index Fund owns about 1.1 shares. This amounts to just over 1.02 percent of the company’s overall shares, with a $24.91 million market value. The same data shows that the other fund manager holds slightly less at 1.02, or about 0.94% of the stock, which is worth about $22.91 million.
