Currently, Symbotic Inc [SYM] is trading at $26.70, up 4.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SYM shares have gain 10.88% over the last week, with a monthly amount glided 2.18%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Symbotic Inc [NASDAQ: SYM] stock has seen the most recent analyst activity on November 27, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, DA Davidson downgraded its rating to Neutral on November 27, 2024, and dropped its price target to $35. On November 27, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $25 on the stock. Vertical Research started tracking the stock assigning a Hold rating and suggested a price target of $45 on July 23, 2024. DA Davidson upgraded its rating to a Buy but $50 remained the price target by the analyst firm on February 07, 2024. Needham reiterated a Buy rating for this stock on February 06, 2024, and downed its price target to $54. In a note dated October 03, 2023, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $50 on this stock.
This stock has fluctuated between a low of $17.11 and a high of $52.20 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $41.6 within the next 12 months. Symbotic Inc [NASDAQ: SYM] shares were valued at $26.70 at the most recent close of the market. An investor can expect a potential return of 55.81% based on the average SYM price forecast.
Analyzing the SYM fundamentals
Trailing Twelve Months sales for Symbotic Inc [NASDAQ:SYM] were 1.80B which represents 47.18% growth. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is -0.12.
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 26.03 points at the first support level, and at 25.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.76, and for the 2nd resistance point, it is at 28.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Symbotic Inc [NASDAQ:SYM] is 1.33. Further, the Quick Ratio stands at 1.23, while the Cash Ratio is 0.72. Considering the valuation of this stock, the price to sales ratio is 9.04, the price to book ratio is 14.17.
Transactions by insiders
Recent insider trading involved KRASNOW TODD, Director, that happened on Jan 02 ’25 when 2000.0 shares were sold. Dunn Michael David completed a deal on Jan 03 ’25 to sell 5365.0 shares. Meanwhile, Officer MICHAEL D DUNN bought 5365.0 shares on Jan 03 ’25.
