Symbotic Inc [SYM] stock is trading at $34.90, up 2.80%. An important factor to consider is whether the stock is rising or falling in short-term value. The SYM shares have gain 22.33% over the last week, with a monthly amount glided 16.61%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Symbotic Inc [NASDAQ: SYM] stock has seen the most recent analyst activity on July 23, 2024, when Vertical Research initiated its Hold rating and assigned the stock a price target of $45. Previously, DA Davidson upgraded its rating to Buy on February 07, 2024, and kept the price target unchanged to $50. On February 06, 2024, Needham reiterated its Buy rating and revised its price target to $54 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and suggested a price target of $50 on October 03, 2023. William Blair downgraded its rating to a Mkt Perform. DA Davidson downgraded its rating to Neutral for this stock on August 01, 2023, and upped its price target to $50. In a note dated June 29, 2023, UBS downgraded an Neutral rating on this stock and boosted its target price from $34 to $40.
Symbotic Inc [SYM] stock has fluctuated between $17.11 and $59.82 over the past year. Currently, Wall Street analysts expect the stock to reach $45.11 within the next 12 months. Symbotic Inc [NASDAQ: SYM] shares were valued at $34.90 at the most recent close of the market. An investor can expect a potential return of 29.26% based on the average SYM price forecast.
Analyzing the SYM fundamentals
Symbotic Inc [NASDAQ:SYM] reported sales of 1.68B for the trailing twelve months, which represents a growth of 57.73%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.31 and Total Capital is -0.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.98 points at the first support level, and at 33.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.13, and for the 2nd resistance point, it is at 37.37.
Ratios To Look Out For
For context, Symbotic Inc’s Current Ratio is 1.30. On the other hand, the Quick Ratio is 1.18, and the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 2.25, the price to book ratio is 8.59.
Transactions by insiders
Recent insider trading involved MIRIAM ORT, Officer, that happened on Nov 08 ’24 when 9645.0 shares were purchased. Chief Financial Officer, Hibbard Carol J. completed a deal on Nov 05 ’24 to sell 22821.0 shares. Meanwhile, Director KRASNOW TODD sold 2000.0 shares on Nov 04 ’24.
