Symbotic (SYM) to Release Quarterly Earnings on Wednesday

Symbotic (NASDAQ:SYM - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Symbotic to post earnings of ($0.04) per share and revenue of $490.04 million for the quarter. Symbotic has set its Q2 2025 guidance at EPS.Parties that are interested in participating in the company's conference call can do so using this link.

Symbotic (NASDAQ:SYM - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. Symbotic had a positive return on equity of 6.49% and a negative net margin of 0.32%. On average, analysts expect Symbotic to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Symbotic Price Performance

SYM traded down $4.93 during midday trading on Thursday, hitting $25.99. 6,869,046 shares of the company's stock traded hands, compared to its average volume of 2,658,884. The stock's fifty day simple moving average is $27.11 and its 200-day simple moving average is $26.82. Symbotic has a one year low of $17.11 and a one year high of $50.40. The company has a market cap of $15.27 billion, a PE ratio of -433.17, a price-to-earnings-growth ratio of 7.29 and a beta of 1.79.

Analysts Set New Price Targets

SYM has been the topic of a number of recent analyst reports. Raymond James downgraded Symbotic from an "outperform" rating to a "market perform" rating in a research note on Thursday. TD Cowen increased their target price on Symbotic from $43.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Oppenheimer assumed coverage on Symbotic in a report on Wednesday, January 15th. They set an "outperform" rating and a $35.00 price target for the company. The Goldman Sachs Group dropped their target price on shares of Symbotic from $28.00 to $25.00 and set a "neutral" rating on the stock in a research report on Thursday. Finally, BWS Financial reissued a "sell" rating and issued a $10.00 price target on shares of Symbotic in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $38.33.

Insiders Place Their Bets

In other Symbotic news, insider Michael David Dunn sold 1,971 shares of the stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $30.00, for a total value of $59,130.00. Following the transaction, the insider now owns 22,301 shares of the company's stock, valued at approximately $669,030. This represents a 8.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Carol J. Hibbard sold 4,055 shares of the business's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $30.70, for a total value of $124,488.50. Following the completion of the transaction, the chief financial officer now directly owns 44,386 shares of the company's stock, valued at approximately $1,362,650.20. The trade was a 8.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 94,007 shares of company stock valued at $2,827,909. 0.60% of the stock is currently owned by insiders.

Symbotic Company Profile

Symbotic Inc, an automation technology company, engages in developing technologies to improve operating efficiencies in modern warehouses. The company automates the processing of pallets and cases in large warehouses or distribution centers for retail companies. Its systems enhance operations at the front end of the supply chain.