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Why Symbotic Inc. (SYM) Dipped More Than Broader Market Today
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In the latest trading session, Symbotic Inc. (SYM - Free Report) closed at $40.34, marking a -4.72% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.52%. On the other hand, the Dow registered a loss of 2.19%, and the technology-centric Nasdaq decreased by 1.74%.
Shares of the company have depreciated by 5.81% over the course of the past month, underperforming the Business Services sector's gain of 4.46%, and the S&P 500's gain of 1.92%.
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 August 5, 2026. It is anticipated that the company will report an EPS of $0.12, marking a 340% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $714.76 million, indicating a 20.71% increase compared to the same quarter of the previous year.
SYM's full-year Zacks Consensus Estimates are calling for earnings of $0.5 per share and revenue of $2.79 billion. These results would represent year-over-year changes of -72.53% and +24.13%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Symbotic Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 past month, there's been no change in the Zacks Consensus EPS estimate. Symbotic Inc. is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Symbotic Inc. has a Forward P/E ratio of 85.11 right now. This denotes a premium relative to the industry average Forward P/E of 17.41.
It is also worth noting that SYM currently has a PEG ratio of 2.84. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. SYM's industry had an average PEG ratio of 1.43 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 39% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.
View the Zacks #1 Rank List
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Why Symbotic Inc. (SYM) Dipped More Than Broader Market Today
In the latest trading session, Symbotic Inc. (SYM - Free Report) closed at $40.34, marking a -4.72% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.52%. On the other hand, the Dow registered a loss of 2.19%, and the technology-centric Nasdaq decreased by 1.74%.
Shares of the company have depreciated by 5.81% over the course of the past month, underperforming the Business Services sector's gain of 4.46%, and the S&P 500's gain of 1.92%.
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 August 5, 2026. It is anticipated that the company will report an EPS of $0.12, marking a 340% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $714.76 million, indicating a 20.71% increase compared to the same quarter of the previous year.
SYM's full-year Zacks Consensus Estimates are calling for earnings of $0.5 per share and revenue of $2.79 billion. These results would represent year-over-year changes of -72.53% and +24.13%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Symbotic Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 past month, there's been no change in the Zacks Consensus EPS estimate. Symbotic Inc. is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Symbotic Inc. has a Forward P/E ratio of 85.11 right now. This denotes a premium relative to the industry average Forward P/E of 17.41.
It is also worth noting that SYM currently has a PEG ratio of 2.84. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. SYM's industry had an average PEG ratio of 1.43 as of yesterday's close.
The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 39% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.