Symbotic Reports Q1 Beat: Analysts Boost Their 2024 Estimates, 'Strong Secular Growth Story'
Symbotic Reports Q1 Beat: Analysts Boost Their 2024 Estimates, 'Strong Secular Growth Story'
Symbotic Inc (NASDAQ:SYM) shares were climbing in early trading on Tuesday, after the company reported a sales beat for its fiscal second quarter.
Symbotic Inc（纳斯达克股票代码：SYM）股价在周二早盘交易中攀升，此前该公司报告了第二财季的销售业绩。
The results were reported amid an exciting earnings season. Here are some key analyst expectations.
业绩是在激动人心的财报季中公布的。以下是分析师的一些主要预期。
KeyBanc Capital Markets On Symbotic
Symbotic 上的 KeyBanc 资本市场
Analyst Ken Newman maintained an Overweight rating and price target of $55.
分析师肯·纽曼维持增持评级和55美元的目标股价。
Symbotic reported its quarterly sales and EBITDA significantly ahead of expectations, while exhibiting strong free cash flow generation, Newman said in a note.
纽曼在一份报告中表示，Symbotic公布的季度销售额和息税折旧摊销前利润明显超出预期，同时表现出强劲的自由现金流产量。
Although the company announced its fiscal third-quarter guidance in-line with consensus, "We think the outlook could be modestly conservative given SYM's recent execution, reaccelerating system initiations, and improving deployment completion schedules," he added.
尽管该公司公布了符合共识的第三财季指导方针，但他补充说：“鉴于SYM最近的执行、重新加快系统启动以及部署完成时间表的改善，我们认为前景可能略为保守。”
The analyst raised the earnings estimate for fiscal 2024 from 2 cents per share to 40 cents per share.
该分析师将2024财年的收益预期从每股2美分上调至每股40美分。
"Looking out, we view SYM as a strong secular growth story that should benefit from its solid innovation funnel, including continued ramps in its GreenBox JV, share gain opportunities in non-ambient deployments, and accelerated adoption of the Company's BreakPack solution," he further wrote.
他进一步写道：“展望未来，我们将SYM视为一个强劲的长期增长故事，应受益于其稳固的创新渠道，包括GreenBox合资企业的持续发展，在非环境部署中获得份额收益的机会，以及公司BreakPack解决方案的加速采用。”
Check out other analyst stock ratings.
查看其他分析师股票评级。
Needham On Symbotic
Needham On Symbotic
Analyst James Ricchiuti reaffirmed a Buy rating and price target of $54.
分析师詹姆斯·里奇乌蒂重申了买入评级和54美元的目标股价。
Symbotic reported quarterly revenues of $424.3 million, which beat the consensus by 3%, Ricchiuti said. The company's adjusted gross margins came in at 19.7%, representing an expansion of 140 basis points on a year-on-year basis, he added.
里基乌蒂说，Symbotic公布的季度收入为4.243亿美元，比市场预期高出3％。他补充说，该公司调整后的毛利率为19.7％，同比增长140个基点。
"Management guided for FQ3 revenue growth of 44%-51% y/o/y vs. consensus +44%, while SYM guided to slightly better-than-expected adj. EBITDA at the midpoint of the range," the analyst wrote. He raised the revenue and adjusted EBITDA estimates for fiscal 2024 from $1.75 billion to $1.76 billion and from $95.6 million to $97.2 million, respectively.
“管理层预计第三季度收入同比增长44％-51％，而市场预期为+ 44％，而SYM预计调整后略好于预期。息税折旧摊销前利润处于区间中点，” 分析师写道。他将2024财年的收入和调整后的息税折旧摊销前利润预期分别从17.5亿美元上调至17.6亿美元以及从9,560万美元上调至9,720万美元。
SYM Price Action: Shares of Symbotic had risen by 9.63% to $45.98 at the time of publication on Tuesday.
SYM价格走势：在周二发布时，Symbotic的股价上涨了9.63％，至45.98美元。
Photo: Symbotic video screenshot
照片：Symbotic 视频截图