The stock has a 36-month beta value of 1.88. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SYM is 37.84M, and at present, short sellers hold a 27.97% of that float. On July 19, 2024, the average trading volume of SYM was 1.25M shares.
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
SYM) stock’s latest price update
The stock of Symbotic Inc (NASDAQ: SYM) has decreased by -2.90 when compared to last closing price of 39.64. Despite this, the company has experienced a 1.64% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-18 that Zacks.com users have recently been watching SYMBOTIC INC (SYM) quite a bit. Thus, it is worth knowing the facts that could determine the stock’s prospects.
SYM’s Market Performance
SYM’s stock has risen by 1.64% in the past week, with a monthly rise of 12.81% and a quarterly drop of -8.27%. The volatility ratio for the week is 4.99% while the volatility levels for the last 30 days are 4.96% for Symbotic Inc The simple moving average for the past 20 days is 7.03% for SYM’s stock, with a -9.09% simple moving average for the past 200 days.
Analysts’ Opinion of SYM
Many brokerage firms have already submitted their reports for SYM stocks, with DA Davidson repeating the rating for SYM by listing it as a “Buy.” The predicted price for SYM in the upcoming period, according to DA Davidson is $50 based on the research report published on February 07, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see SYM reach a price target of $54, previously predicting the price at $58. The rating they have provided for SYM stocks is “Buy” according to the report published on February 06th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to SYM, setting the target price at $50 in the report published on October 03rd of the previous year.
SYM Trading at -1.55% from the 50-Day Moving Average
After a stumble in the market that brought SYM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.99% of loss for the given period.
Volatility was left at 4.96%, however, over the last 30 days, the volatility rate increased by 4.99%, as shares surge +11.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.23% lower at present.
During the last 5 trading sessions, SYM rose by +1.64%, which changed the moving average for the period of 200-days by +15.14% in comparison to the 20-day moving average, which settled at $36.16. In addition, Symbotic Inc saw -25.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SYM starting from Dunn Michael David, who sale 2,000 shares at the price of $40.00 back on Jul 15 ’24. After this action, Dunn Michael David now owns 74,808 shares of Symbotic Inc, valued at $80,000 using the latest closing price.
Dunn Michael David, the of Symbotic Inc, sale 5,188 shares at $35.49 during a trade that took place back on Jul 02 ’24, which means that Dunn Michael David is holding 76,808 shares at $184,131 based on the most recent closing price.
Stock Fundamentals for SYM
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.15 for the gross margin
The net margin for Symbotic Inc stands at -0.05. The total capital return value is set at -0.33. Equity return is now at value -9.09, with -1.53 for asset returns.
Based on Symbotic Inc (SYM), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at 4.85. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -1.45.
Currently, EBITDA for the company is -211.92 million with net debt to EBITDA at 5.62. When we switch over and look at the enterprise to sales, we see a ratio of 2.04. The receivables turnover for the company is 4.96for trailing twelve months and the total asset turnover is 0.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
To sum up, Symbotic Inc (SYM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
