With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.82 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $34.84 whereas the lowest price it dropped to was $33.61. The 52-week range on SYM shows that it touched its highest point at $59.82 and its lowest point at $17.11 during that stretch. It currently has a 1-year price target of $39.38. Beta for the stock currently stands at 1.87.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SYM was up-trending over the past week, with a rise of 17.13%, but this was up by 19.75% over a month. Three-month performance surged to 60.37% while six-month performance fell -23.83%. The stock gained 9.37% in the past year, while it has lost -33.14% so far this year. A look at the trailing 12-month EPS for SYM yields -0.17 with Next year EPS estimates of 0.38. For the next quarter, that number is 0.05. This implies an EPS growth rate of 975.15% for this year and 115.73% for next year.
Float and Shares Shorts:
At present, 101.20 million SYM shares are outstanding with a float of 39.38 million shares on hand for trading. On 2024-10-31, short shares totaled 13.59 million, which was 1308.9999999999998 higher than short shares on 1727654400. In addition to Mr. Richard B. Cohen as the firm’s Chairman of the Board & CEO, Mr. Thomas C. Ernst Jr. serves as its Principal Accounting Officer & Treasurer.
Institutional Ownership:
Through their ownership of 0.84371 of SYM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-29, SYM reported revenue of $491862000.0 and operating income of -$25187000.0. The EBITDA in the recently reported quarter was -$14491000.0 and diluted EPS was -$0.02.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SYM since 13 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SYM analysts setting a high price target of 60.0 and a low target of 10.0, the average target price over the next 12 months is 39.38. Based on these targets, SYM could surge 74.83% to reach the target high and fall by -70.86% to reach the target low. Reaching the average price target will result in a growth of 14.74% from current levels.
Analysts have provided yearly estimates in a range of $0.39382 being high and -$0.21879 being low. For SYM, this leads to a yearly average estimate of $0.17503. The surprise factor in the prior quarter was -$0.04. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.05.
