In last trading session, Symbotic Inc (NASDAQ:SYM) saw 1.03 million shares changing hands with its beta currently measuring 1.83. Company’s recent per share price level of $21.35 trading at $0.2 or 0.95% at ring of the bell on the day assigns it a market valuation of $12.56B. That closing price of SYM’s stock is at a discount of -136.07% from its 52-week high price of $50.40 and is indicating a premium of 19.86% from its 52-week low price of $17.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.51 million shares which gives us an average trading volume of 2.12 million if we extend that period to 3-months.
For Symbotic Inc (SYM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.05. Splitting up the data highlights that, out of 13 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Symbotic Inc (NASDAQ:SYM) trade information
Upright in the green during last session for gaining 0.95%, in the last five days SYM remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $21.35 price level, adding 8.6% to its value on the day. Symbotic Inc’s shares saw a change of -9.95% in year-to-date performance and have moved -5.41% in past 5-day. Symbotic Inc (NASDAQ:SYM) showed a performance of -24.26% in past 30-days. Number of shares sold short was 18.17 million shares which calculate 8.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 32 to the stock, which implies a rise of 33.28% to its current value. Analysts have been projecting 29 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would drop -35.83% in reaching the projected high whereas dropping to the targeted low would mean a loss of -35.83% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -415.28% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 105.94% while estimates for its earnings growth in next 5 years are of 81.88%.
Symbotic Inc (NASDAQ:SYM)’s Major holders
Insiders are in possession of 16.26% of company’s total shares while institution are holding 83.00 percent of that, with stock having share float percentage of 99.13%. Investors also watch the number of corporate investors in a company very closely, which is 83.00% institutions for Symbotic Inc that are currently holding shares of the company. SOFTBANK GROUP CORP. is the top institutional holder at SYM for having 39.83 million shares of worth $1.4 billion. And as of 2024-06-30, it was holding 38.6293 of the company’s outstanding shares.
The second largest institutional holder is BAILLIE GIFFORD & CO, which was holding about 10.66 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.3408 of outstanding shares, having a total worth of $374.84 million.
