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Here's Why Symbotic Inc. (SYM) Fell More Than Broader Market
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Symbotic Inc. (SYM - Free Report) closed at $57.08 in the latest trading session, marking a -4.1% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.49%. On the other hand, the Dow registered a loss of 0.05%, and the technology-centric Nasdaq decreased by 0.9%.
Coming into today, shares of the company had gained 25.54% in the past month. In that same time, the Business Services sector gained 5.05%, while the S&P 500 gained 12.8%.
Analysts and investors alike will be keeping a close eye on the performance of Symbotic Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on May 6, 2026. It is anticipated that the company will report an EPS of $0.11, marking a 375% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $660.6 million, indicating a 20.19% upward movement from the same quarter last year.
SYM's full-year Zacks Consensus Estimates are calling for earnings of $0.48 per share and revenue of $2.76 billion. These results would represent year-over-year changes of -73.63% and +23.04%, respectively.
It is also important to note the recent changes to analyst estimates for Symbotic Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Symbotic Inc. possesses a Zacks Rank of #3 (Hold).
Investors should also note Symbotic Inc.'s current valuation metrics, including its Forward P/E ratio of 124. This indicates a premium in contrast to its industry's Forward P/E of 16.11.
Meanwhile, SYM's PEG ratio is currently 4.13. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Technology Services was holding an average PEG ratio of 1.36 at yesterday's closing price.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 178, finds itself in the bottom 28% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Here's Why Symbotic Inc. (SYM) Fell More Than Broader Market
Symbotic Inc. (SYM - Free Report) closed at $57.08 in the latest trading session, marking a -4.1% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.49%. On the other hand, the Dow registered a loss of 0.05%, and the technology-centric Nasdaq decreased by 0.9%.
Coming into today, shares of the company had gained 25.54% in the past month. In that same time, the Business Services sector gained 5.05%, while the S&P 500 gained 12.8%.
Analysts and investors alike will be keeping a close eye on the performance of Symbotic Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on May 6, 2026. It is anticipated that the company will report an EPS of $0.11, marking a 375% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $660.6 million, indicating a 20.19% upward movement from the same quarter last year.
SYM's full-year Zacks Consensus Estimates are calling for earnings of $0.48 per share and revenue of $2.76 billion. These results would represent year-over-year changes of -73.63% and +23.04%, respectively.
It is also important to note the recent changes to analyst estimates for Symbotic Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Symbotic Inc. possesses a Zacks Rank of #3 (Hold).
Investors should also note Symbotic Inc.'s current valuation metrics, including its Forward P/E ratio of 124. This indicates a premium in contrast to its industry's Forward P/E of 16.11.
Meanwhile, SYM's PEG ratio is currently 4.13. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Technology Services was holding an average PEG ratio of 1.36 at yesterday's closing price.
The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Industry Rank of 178, finds itself in the bottom 28% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.