Smith Nephew Snats Stock Today

SNN Stock  USD 23.84  0.17  0.71%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Smith Nephew is selling at 23.84 as of the 19th of April 2024; that is -0.71 percent decrease since the beginning of the trading day. The stock's open price was 24.01. Smith Nephew has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Smith Nephew SNATS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
16th of November 1999
Category
Healthcare
Classification
Health Care
Smith Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices worldwide. Smith Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom. Smith Nephew operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. The company has 437.17 M outstanding shares of which 1.98 M shares are at this time shorted by investors with about 2.19 days to cover. More on Smith Nephew SNATS

Moving together with Smith Stock

  0.81EMBC Embecta Corp Financial Report 10th of May 2024 PairCorr

Moving against Smith Stock

  0.83GCTK GlucoTrackPairCorr
  0.42ELMD ElectromedPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Smith Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Smith Nephew's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Smith Nephew or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORoland Diggelmann
Thematic Ideas
(View all Themes)
Old NameSanne Group plc
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NYSE Composite, Bucharest BET-NG, Medical Equipment, Obamacare Repeal, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Smith Nephew report their recommendations after researching Smith Nephew's financial statements, talking to executives and customers, or listening in on Smith Nephew's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Smith Nephew SNATS. The Smith consensus assessment is calculated by taking the average forecast from all of the analysts covering Smith Nephew.
Financial Strength
Based on the key measurements obtained from Smith Nephew's financial statements, Smith Nephew SNATS is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Smith Nephew SNATS is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0250.0263
Notably Down
Slightly volatile
Asset Turnover0.940.5556
Way Up
Slightly volatile
Gross Profit Margin0.580.667
Fairly Down
Slightly volatile
Total Current Liabilities2.4 B2.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.6 B2.5 B
Sufficiently Up
Slightly volatile
Total Assets10.5 B10 B
Sufficiently Up
Slightly volatile
Total Current Assets4.2 BB
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities529.2 M608 M
Fairly Down
Very volatile
Smith Nephew's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Smith Nephew's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Smith Nephew's financial leverage. It provides some insight into what part of Smith Nephew's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Smith Nephew's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Smith Nephew deploys its capital and how much of that capital is borrowed.
Liquidity
Smith Nephew cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.08 B in debt with debt to equity (D/E) ratio of 0.54, which is OK given its current industry classification. Smith Nephew SNATS has a current ratio of 1.74, which is typical for the industry and considered as normal. Debt can assist Smith Nephew until it has trouble settling it off, either with new capital or with free cash flow. So, Smith Nephew's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Smith Nephew SNATS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Smith to invest in growth at high rates of return. When we think about Smith Nephew's use of debt, we should always consider it together with cash and equity.

Depreciation

283.55 Million
Smith Nephew SNATS (SNN) is traded on New York Stock Exchange in USA. It is located in Building 5, Watford, United Kingdom, WD18 8YE and employs 18,452 people. Smith Nephew is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 10.49 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Smith Nephew's market, we take the total number of its shares issued and multiply it by Smith Nephew's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Smith Nephew SNATS runs under Health Care Equipment & Supplies sector within Health Care industry. The entity has 437.17 M outstanding shares of which 1.98 M shares are at this time shorted by investors with about 2.19 days to cover. Smith Nephew SNATS has about 516 M in cash with 608 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18.
Check Smith Nephew Probability Of Bankruptcy
Ownership Allocation
Smith Nephew maintains a total of 437.17 Million outstanding shares. About 92.0 % of Smith Nephew outstanding shares are held by general public with 0.02799999999999999 (%) owned by insiders and only 7.57 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Smith Ownership Details

Smith Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Smith Nephew jumping above the current price in 90 days from now is about 97.0%. The Smith Nephew SNATS probability density function shows the probability of Smith Nephew stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Smith Nephew has a beta of 0.8058. This usually implies as returns on the market go up, Smith Nephew average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Smith Nephew SNATS will be expected to be much smaller as well. Additionally, smith Nephew SNATS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 23.84HorizonTargetOdds Above 23.84
2.90%90 days
 23.84 
97.06%
Based on a normal probability distribution, the odds of Smith Nephew to move above the current price in 90 days from now is about 97.0 (This Smith Nephew SNATS probability density function shows the probability of Smith Stock to fall within a particular range of prices over 90 days) .

Smith Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Smith Nephew that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Smith Nephew's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Smith Nephew's value.
InstituionRecorded OnShares
Bmo Capital Markets Corp.2023-12-31
757 K
Arrowstreet Capital Limited Partnership2023-12-31
714.4 K
Clark Estates Inc2023-12-31
650 K
Optiver Holding B.v.2023-12-31
600 K
Hsbc Holdings Plc2023-12-31
592.7 K
Jpmorgan Chase & Co2023-12-31
559.9 K
Blackrock Inc2023-12-31
543.6 K
Envestnet Asset Management Inc2023-12-31
524.8 K
Soleus Capital Management, L.p.2023-12-31
470.2 K
Fiduciary Management, Inc. Of Milwaukee2023-12-31
4.9 M
Scharf Investments2023-12-31
M
View Smith Nephew Diagnostics

Smith Nephew Historical Income Statement

Smith Nephew SNATS Income Statement is one of the three primary financial statements used for reporting Smith's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Smith Nephew SNATS revenue and expense. Smith Nephew Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Smith Nephew's Reconciled Depreciation is very stable compared to the past year. View More Fundamentals

Smith Stock Against Markets

Picking the right benchmark for Smith Nephew stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Smith Nephew stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Smith Nephew is critical whether you are bullish or bearish towards Smith Nephew SNATS at a given time. Please also check how Smith Nephew's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Smith Nephew without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Smith Nephew Corporate Directors

Smith Nephew corporate directors refer to members of a Smith Nephew board of directors. The board of directors generally takes responsibility for the Smith Nephew's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Smith Nephew's board members must vote for the resolution. The Smith Nephew board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael FriedmanNon-Executive Independent DirectorProfile
Vinita BaliNon-Executive Independent DirectorProfile
John RogersCFO DirectorProfile
Graham BakerChief Financial Officer, Executive DirectorProfile

How to buy Smith Stock?

Before investing in Smith Nephew, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Smith Nephew. To buy Smith Nephew stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Smith Nephew. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Smith Nephew stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Smith Nephew SNATS stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Smith Nephew SNATS stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Smith Nephew SNATS, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Smith Stock please use our How to Invest in Smith Nephew guide.

Already Invested in Smith Nephew SNATS?

The danger of trading Smith Nephew SNATS is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Smith Nephew is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Smith Nephew. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Smith Nephew SNATS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Smith Nephew SNATS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Nephew's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Nephew Snats Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Nephew Snats Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Nephew SNATS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Smith Nephew's price analysis, check to measure Smith Nephew's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith Nephew is operating at the current time. Most of Smith Nephew's value examination focuses on studying past and present price action to predict the probability of Smith Nephew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Nephew's price. Additionally, you may evaluate how the addition of Smith Nephew to your portfolios can decrease your overall portfolio volatility.
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Is Smith Nephew's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Nephew. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Nephew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.983
Dividend Share
0.375
Earnings Share
0.6
Revenue Per Share
2.5484
Quarterly Revenue Growth
0.076
The market value of Smith Nephew SNATS is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Nephew's value that differs from its market value or its book value, called intrinsic value, which is Smith Nephew's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Nephew's market value can be influenced by many factors that don't directly affect Smith Nephew's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Nephew's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Nephew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Nephew's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.