Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Symbotic (SYM)
NASDAQ:SYM
Holding SYM?
Track your performance easily
SYM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.11 - $59.82
Previous Close$21.14
Volume2.13M
Average Volume (3M)1.96M
Market Cap
$2.19B
Enterprise Value$2.15B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Nov 18, 2024EPS Estimate
$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.17
Shares Outstanding585,577,017
10 Day Avg. Volume2,193,843
30 Day Avg. Volume1,964,167
Standard Deviation0.27
R-Squared0.29
Alpha0.00353
Financial Highlights & Ratios
Price to Book (P/B)31.56
Price to Sales (P/S)16.07
Price to Cash Flow (P/CF)61.40
P/FCF Ratio61.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-631.26
Forecast
1Y Price Target
$44.45Price Target Upside98.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Symbotic News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRevenues increased 58% year-over-year, above guidance, and 6% ahead of consensus.
Growth OutlookManagement reiterated its commitment to accelerating revenue growth with gross and adjusted EBITDA margins also improving in tandem.
Technology And InnovationSymbotic's end-to-end warehouse automation system pairs autonomous robots with optimizing AI software to enable faster, more accurate product distribution and fulfillment for retailer end users.
Bears Say
EarningsSymbotic reported fiscal third quarter results with a shortfall in earnings after an increase in system costs.
Operational IssuesSYM’s management highlighted delays in permits and product delivery resulting in people not having anything to do, impacting operational efficiency.
Sales ForecastFourth quarter sales guidance of $455M-$475M is below prior Baird estimate of $488M and well below consensus estimate of $517M.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SYM FAQ
What was Symbotic’s price range in the past 12 months?
Symbotic lowest stock price was $17.11 and its highest was $59.82 in the past 12 months.
What is Symbotic’s market cap?
Currently, no data Available
When is Symbotic’s upcoming earnings report date?
Symbotic’s upcoming earnings report date is Nov 18, 2024 which is in 60 days.
How were Symbotic’s earnings last quarter?
Symbotic released its earnings results on Jul 29, 2024. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.058 by -$0.028.
Is Symbotic overvalued?
According to Wall Street analysts Symbotic’s price is currently Undervalued.
Does Symbotic pay dividends?
Symbotic does not currently pay dividends.
What is Symbotic’s EPS estimate?
Symbotic’s EPS estimate is $0.06.
How many shares outstanding does Symbotic have?
Symbotic has 103,779,434 shares outstanding.
What happened to Symbotic’s price movement after its last earnings report?
Symbotic reported an EPS of $0.03 in its last earnings report, missing expectations of $0.058. Following the earnings report the stock price went down -23.52%.
Which hedge fund is a major shareholder of Symbotic?
Among the largest hedge funds holding Symbotic’s share is S Squared Technology, LLC. It holds Symbotic’s shares valued at 12M.
---
Symbotic Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$44.45 (98.35% Upside)
$44.45 (98.35% Upside)
Blogger Sentiment
Bullish
SYM Sentiment 86%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 38.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $322.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.1%
Last 30 Days <0.1%
Last 30 Days <0.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.75%
12-Months-Change
Fundamentals
Return on Equity
-8.17%
Trailing 12-Months
Asset Growth
60.71%
Trailing 12-Months
Company Description
Symbotic
Symbotic Inc. is an American robotics warehouse automation company. The company builds and operates automated warehouse systems for clients in the United States and Canada, using artificial intelligence in its software. The software is used by 1,400 stores, with customers in the grocery, retail and wholesale industries. Symbotic is based in Wilmington, Massachusetts.
---
SYM Earnings Call
Q3 2024
0:00 / 0:00
---
SYM Stock 12 Month Forecast
Average Price Target
$44.45
▲(98.35% Upside)
Technical Analysis
Best Analysts Covering SYM
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+112.38%
reiterated a buy rating 2 months ago
Copying James Ricchiuti's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +112.38% per trade.
---