Symbotic (NASDAQ:SYM) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Symbotic (NASDAQ:SYM - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01, Zacks reports. Symbotic had a positive return on equity of 5.11% and a negative net margin of 0.38%. Symbotic updated its Q2 2025 guidance to EPS.

Symbotic Stock Performance

Symbotic stock traded up $0.38 during midday trading on Friday, hitting $26.37. 2,795,304 shares of the company were exchanged, compared to its average volume of 2,745,813. The business has a fifty day simple moving average of $27.13 and a two-hundred day simple moving average of $26.64. The firm has a market capitalization of $15.49 billion, a PE ratio of -376.66, a price-to-earnings-growth ratio of 6.45 and a beta of 1.79. Symbotic has a fifty-two week low of $17.11 and a fifty-two week high of $50.40.

Insider Buying and Selling at Symbotic

In other Symbotic news, insider Michael David Dunn sold 63,867 shares of the company's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $30.08, for a total value of $1,921,119.36. Following the completion of the transaction, the insider now owns 24,055 shares in the company, valued at approximately $723,574.40. This represents a 72.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Carol J. Hibbard sold 4,055 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $30.70, for a total transaction of $124,488.50. Following the sale, the chief financial officer now directly owns 44,386 shares in the company, 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. Over the last ninety days, insiders sold 94,007 shares of company stock valued at $2,827,909. 0.60% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Needham & Company LLC decreased their price target on Symbotic from $35.00 to $32.00 and set a "buy" rating for the company in a research note on Thursday. Northland Securities increased their price objective on shares of Symbotic from $35.00 to $41.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. Raymond James downgraded shares of Symbotic from an "outperform" rating to a "market perform" rating in a research report on Thursday. UBS Group decreased their price target on shares of Symbotic from $40.00 to $32.00 and set a "neutral" rating for the company in a report on Friday, January 3rd. Finally, The Goldman Sachs Group cut their target price on Symbotic from $28.00 to $25.00 and set a "neutral" rating on the stock in a research report on Thursday. 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. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $38.33.

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.