Symbotic Inc (NASDAQ: SYM) is -50.26% lower on its value in year-to-date trading and has touched a low of $17.11 and a high of $57.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SYM stock was last observed hovering at around $23.99 in the last trading session, with the day’s gains setting it 1.54%.
Currently trading at $25.53, the stock is -6.11% and -13.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 6.42% at the moment leaves the stock -22.99% off its SMA200. SYM registered -52.22% loss for a year compared to 6-month gain of -19.64%. The firm has a 50-day simple moving average (SMA 50) of $29.581 and a 200-day simple moving average (SMA200) of $33.247726.
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The stock witnessed a -29.61% loss in the last 1 month and extending the period to 3 months gives it a 7.95%, and is -5.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.22% over the week and 9.19% over the month.
Symbotic Inc (SYM) has around 1650 employees, a market worth around $15.00B and $1.80B in sales. Fwd P/E is 47.65. Profit margin for the company is -0.63%. Distance from 52-week low is 49.21% and -55.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.31%).
with sales reaching $495M over the same period.The EPS is expected to grow by 101.23% this year, but quarterly earnings will post 26.69% year-over-year. Quarterly sales are estimated to grow 34.35% in year-over-year returns.
Symbotic Inc (SYM) Top Institutional Holders
295.0 institutions hold shares in Symbotic Inc (SYM), with institutional investors hold 102.79% of the company’s shares. The shares outstanding are 104.69M, and float is at 40.99M with Short Float at 39.14%. Institutions hold 85.58% of the Float.
The top institutional shareholder in the company is SOFTBANK GROUP CORP. with over 39.83 million shares valued at $1.4 billion. The investor’s holdings represent 38.8865% of the SYM Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 10.66 million shares valued at $374.84 million to account for 10.4096 of the shares outstanding. The other top investors are SVF SPONSOR III (DE) LLC which holds 9.09 million shares representing 8.8757% and valued at over $319.6 million, while VANGUARD GROUP INC holds 3.1 of the shares totaling 3.17 million with a market value of $111.63 million.
Symbotic Inc (SYM) Insider Activity
The most recent transaction is an insider sale by Dunn Michael David. SEC filings show that Dunn Michael David sold 63,867 shares of the company’s common stock on Dec 09 ’24 at a price of $30.08 per share for a total of $1.92 million. Following the sale, the insider now owns 24055.0 shares.
Still, SEC filings show that on Dec 09 ’24, COREY C DUFRESNE (Officer) Proposed Sale 18,432 shares at an average price of $27.95 for $0.52 million. The insider now directly holds shares of Symbotic Inc (SYM).
