Symbotic: Mounting Strain Under The Surface [Seeking Alpha]
Symbotic Inc. - Class A (SYM)
Company Research
Source: Seeking Alpha
Symbotic continues to expand its product portfolio, which should support growth, along with the scale up of GreenBox. A declining revenue growth rate and elevated valuation in a deteriorating macro environment will likely continue to pressure Symbotic's share price. Symbotic's ( NASDAQ: SYM ) second quarter results were reasonably strong, with robust growth somewhat undermined by a deterioration in margins. GreenBox appears set to begin contributing though and Symbotic continues to expand its product portfolio. While the narrative hasn't really changed in recent quarters, Symbotic's stock has been under pressure, which could be due to moderating growth and poor margins. I previously suggested that elevated supply chain investments and demand for automation would support Symbotic's business in the near-term. Even though the company's growth is declining, I continue to think Symbotic's business will perform well in coming quarters, but the company's valuation is not justified by
Show less
Read more
Impact Snapshot
Event Time:
SYM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SYM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SYM alerts
High impacting Symbotic Inc. - Class A news events
Weekly update
A roundup of the hottest topics
SYM
News
- Symbotic Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - SYMAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Symbotic Inc. - SYMAccesswire
- Class Action Filed Against Symbotic Inc. (SYM) Seeking Recovery for Investors - Contact Levi & KorsinskyAccesswire
- Symbotic Inc. (NASDAQ: SYM) had its "sell" rating re-affirmed by analysts at BWS Financial. They now have a $10.00 price target on the stock.MarketBeat
- Symbiotic Inc Is Being Sued For Possible Securities Fraud And Stockholders Are Invited To Reach Out To The Schall Law Firm Accesswire
SYM
Earnings
- 7/29/24 - Miss
SYM
Sec Filings
- 9/5/24 - Form 4
- 9/3/24 - Form 144
- 8/9/24 - Form 144
- SYM's page on the SEC website