In the last trading session, 4.04 million shares of the Symbotic Inc (NASDAQ:SYM) were traded, and its beta was 1.95. Most recently the company’s share price was $32.45, and it changed around $4.48 or 16.02% from the last close, which brings the market valuation of the company to $19.13B. SYM currently trades at a discount to its 52-week high of $41.76, offering almost -28.69% off that amount. The share price’s 52-week low was $16.32, which indicates that the current value has risen by an impressive 49.71% since then.
Symbotic Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.12. If we narrow it down even further, the data shows that 1 out of 19 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 8 recommended SYM as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
Symbotic Inc (NASDAQ:SYM) trade information
Instantly SYM has showed a green trend with a performance of 16.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 32.54 on recent trading dayincreased the stock’s daily price by 0.28%. The company’s shares are currently up 36.86% year-to-date, but still up 7.31% over the last five days. On the other hand, Symbotic Inc (NASDAQ:SYM) is 20.45% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $45, which translates to bulls needing to increase their stock price by 27.89% from its current value. Analyst projections state that SYM is forecast to be at a low of $19 and a high of $60.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -415.28%. Symbotic Inc earnings are expected to increase by 75.06% in 2025, but the outlook is positive 81.98% per year for the next five years.
SYM Dividends
Symbotic Inc’s next quarterly earnings report is expected to be released in July.
BAILLIE GIFFORD & CO, with 10.3408% or 10.66 million shares worth $374.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
