KeyBanc analyst Kenneth Newman downgrades $Symbotic (SYM.US)$ to a hold rating.
According to TipRanks data, the analyst has a success rate of 70.4% and a total average return of 18.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Symbotic (SYM.US)$'s main analysts recently are as follows:
Following the discovery of additional accounting discrepancies in its revenue recognition related to unbillable cost overruns, Symbotic has revised its FY24 EBITDA forecast downward by $30M-$40M and adjusted its fiscal Q1 revenue guidance to $480M-$500M. Although the full implications will be clearer after the 10-K filing in the upcoming weeks, it appears these restatements are strictly accounting corrections with no indications of changes in customer behavior or order volume. However, sentiment might stay guarded until there is visible improvement in the company's internal accounting controls.
Forecasting challenges persist; however, progress in insourcing project management appears to be ahead of expectations. Additionally, significant projects have been secured in Mexico and initiated at GreenBox.
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KeyBanc分析師Kenneth Newman下調$Symbotic (SYM.US)$至持有評級。
根據TipRanks數據顯示,該分析師近一年總勝率為70.4%,總平均回報率為18.0%。
此外,綜合報道,$Symbotic (SYM.US)$近期主要分析師觀點如下:
在發現與不可計費成本超支有關的營業收入確認中存在額外的會計差異後,Symbotic將其FY24 EBITDA預測下調了$3000萬.$4000萬,並將其財政第一季度營業收入指引調整爲$48000萬.$50000萬。雖然完整的影響將在接下來的10-k文件提交後更清晰,但看起來這些重述嚴格是會計更正,沒有客戶行爲或訂單成交量變化的跡象。然而,情緒可能會保持謹慎,直到公司內部會計控制有明顯改善。
預測挑戰依然存在;然而,項目管理內部化的進展似乎超出了預期。此外,在墨西哥已經確保了重要項目,並在GreenBox啓動。
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