Symbotic Inc. (SYM) closed the most recent trading day at $41.25, moving -1.74% from the previous trading session. This change lagged the S&P 500's 1.01% loss on the day. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, lost 1.4%.
The company's shares have seen an increase of 0.72% over the last month, not keeping up with the Business Services sector's gain of 3.48% and outstripping the S&P 500's gain of 0.32%.
The upcoming earnings release of Symbotic Inc. will be of great interest to investors. The company's earnings report is expected on August 5, 2026. The company is predicted to post an EPS of $0.12, indicating a 340% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $714.76 million, indicating a 20.71% growth compared to the corresponding quarter of the prior 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.
It's also important for investors to be aware of any recent modifications to analyst estimates for Symbotic Inc. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, Symbotic Inc. holds a Zacks Rank of #3 (Hold).
Investors should also note Symbotic Inc.'s current valuation metrics, including its Forward P/E ratio of 84.38. This indicates a premium in contrast to its industry's Forward P/E of 17.29.
Investors should also note that SYM has a PEG ratio of 2.81 right now. 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. Technology Services stocks are, on average, holding a PEG ratio of 1.45 based on yesterday's closing prices.
The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 102, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Symbotic Inc. (SYM): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).