Symbotic Inc (NASDAQ: SYM) on Monday, plunged -4.65% from the previous trading day, before settling in for the closing price of $26.90. Within the past 52 weeks, SYM’s price has moved between $17.11 and $58.58.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 38.30%. The company achieved an average annual earnings per share of 57.52%. With a float of $39.72 million, this company’s outstanding shares have now reached $104.69 million.
Considering the fact that the conglomerate employs 1300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 15.6%, operating margin of -3.87%, and the pretax margin is -1.88%.
Symbotic Inc (SYM) Insider Activity
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Symbotic Inc is 62.06%, while institutional ownership is 37.30%. The most recent insider transaction that took place on Nov 08 ’24, was worth 322,031. Before that another transaction happened on Nov 05 ’24, when Company’s Chief Financial Officer sold 22,821 for $28.96, making the entire transaction worth $660,933. This insider now owns 34,188 shares in total.
Symbotic Inc (SYM) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.21 earnings per share (EPS) for the period topping the consensus outlook (set at 0.02) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.52% per share during the next fiscal year.
Symbotic Inc (NASDAQ: SYM) Trading Performance Indicators
Symbotic Inc (SYM) is currently performing well based on its current performance indicators. A quick ratio of 1.26 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.57 in one year’s time.
Technical Analysis of Symbotic Inc (SYM)
Compared to the last year’s volume of 1.76 million, its volume of 8.02 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.43%. Additionally, its Average True Range was 3.77.
During the past 100 days, Symbotic Inc’s (SYM) raw stochastic average was set at 34.65%, which indicates a significant increase from 20.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 227.30% in the past 14 days, which was higher than the 119.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.01, while its 200-day Moving Average is $34.28. Nevertheless, the first resistance level for the watch stands at $27.68 in the near term. At $29.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.75. If the price goes on to break the first support level at $24.61, it is likely to go to the next support level at $23.58. Should the price break the second support level, the third support level stands at $21.54.
Symbotic Inc (NASDAQ: SYM) Key Stats
Market capitalization of the company is 15.03 billion based on 585,577K outstanding shares. Right now, sales total 1,822 M and income totals -7,580 K. The company made 576,770 K in profit during its latest quarter, and 4,990 K in sales during its previous quarter.
