Symbotic Inc (NASDAQ:SYM) has a beta value of 116.56% and has seen 1.43 shares traded in the last trading session. The company, currently valued at $20.05B, closed the last trade at $35.70 per share which meant it gained $3.56 on the day or 34.00% during that session. The SYM stock price is -16.97% off its 52-week high price of $41.76 and 54.29% above the 52-week low of $16.32. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.52 million shares traded. The 3-month trading volume is 3.12 shares.
The consensus among analysts is that Symbotic Inc (SYM) is Buy stock at the moment, with a recommendation rating of 64.24. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 13 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.
Symbotic Inc (NASDAQ:SYM) trade information
Sporting 34.00% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SYM stock price touched $35.70 or saw a rise of 6.52%. Year-to-date, Symbotic Inc shares have moved -0.35%, while the 5-day performance has seen it change 21.39%. Over the past 30 days, the shares of Symbotic Inc (NASDAQ:SYM) have changed 20.40%. Short interest in the company has seen 15.98 million shares shorted with days to cover at 11.55.
Wall Street analysts have a consensus price target for the stock at $45, which means that the shares’ value could jump 20.67% from current levels. The projected low price target is $19.0 while the price target rests at a high of $60.0. In that case, then, we find that the current price level is -68.07% off the targeted high while a plunge would see the stock lose 46.78% from current levels.
Symbotic Inc (SYM) estimates and forecasts
The company’s shares have gained 26.02% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -30.12% -415.28% over the past 5 years. Earnings growth for 2025 is a modest 75.06% while over the next 5 years, the company’s earnings are expected to increase by 81.98%.
SYM Dividends
Symbotic Inc is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Symbotic Inc (NASDAQ:SYM)’s Major holders
The top two institutional holders are SOFTBANK GROUP CORP. with over 39.83 million shares worth more than $1.4 billion. As of 2024-06-30, SOFTBANK GROUP CORP. held 38.6293% of shares outstanding.
The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 10.66 million shares as of 2024-06-30. The firm’s total holdings are worth over $374.84 million and represent 10.3408% of shares outstanding.
