Is Smart Sand Stock a Good Investment?
Smart Sand Investment Advice | SND |
- Examine Smart Sand's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Smart Sand's leadership team and their track record. Good management can help Smart Sand navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Non-Metallic and Industrial Metal Mining space and any emerging trends that could impact Smart Sand's business and its evolving consumer preferences.
- Compare Smart Sand's performance and market position to its competitors. Analyze how Smart Sand is positioned in terms of product offerings, innovation, and market share.
- Check if Smart Sand pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Smart Sand's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Smart Sand stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Smart Sand is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Smart Sand Stock
Researching Smart Sand's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 30.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.38. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Smart Sand has Price/Earnings To Growth (PEG) ratio of 0.15. The entity last dividend was issued on the 15th of October 2024. The firm had 1:2 split on the 2nd of September 2011.
To determine if Smart Sand is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Smart Sand's research are outlined below:
| Smart Sand generated a negative expected return over the last 90 days | |
| Smart Sand has high historical volatility and very poor performance | |
| About 30.0% of the company outstanding shares are owned by corporate insiders |
Smart Sand uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Smart Sand. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Smart Sand's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Smart Sand's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 91.25 M.Smart Sand's profitablity analysis
The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.Determining Smart Sand's profitability involves analyzing its financial statements and using various financial metrics to determine if Smart Sand is a good buy. For example, gross profit margin measures Smart Sand's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Smart Sand's profitability and make more informed investment decisions.
Please note, the presentation of Smart Sand's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smart Sand's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Smart Sand's management manipulating its earnings.
Basic technical analysis of Smart Stock
As of the 4th of May, Smart Sand has the Variance of 14.1, risk adjusted performance of (0.03), and Coefficient Of Variation of (4,803). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Smart Sand, as well as the relationship between them. Please validate Smart Sand mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Smart Sand is priced more or less accurately, providing market reflects its prevalent price of 2.11 per share. Please also confirm Smart Sand jensen alpha, which is currently at (0.1) to double-check the company can sustain itself at a future point.Smart Sand's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Smart Sand insiders, such as employees or executives, is commonly permitted as long as it does not rely on Smart Sand's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Smart Sand insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Smart Sand's Outstanding Corporate Bonds
Smart Sand issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Smart Sand uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Smart bonds can be classified according to their maturity, which is the date when Smart Sand has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Smart Sand's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Smart Sand's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.9842 | |||
| Mean Deviation | 2.61 | |||
| Coefficient Of Variation | (4,803) | |||
| Standard Deviation | 3.75 | |||
| Variance | 14.1 | |||
| Information Ratio | 0.0075 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.1761 | |||
| Treynor Ratio | 0.9742 | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (7.25) | |||
| Potential Upside | 6.74 | |||
| Skewness | (0.18) | |||
| Kurtosis | 2.66 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.9842 | |||
| Mean Deviation | 2.61 | |||
| Coefficient Of Variation | (4,803) | |||
| Standard Deviation | 3.75 | |||
| Variance | 14.1 | |||
| Information Ratio | 0.0075 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | 0.1761 | |||
| Treynor Ratio | 0.9742 | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (7.25) | |||
| Potential Upside | 6.74 | |||
| Skewness | (0.18) | |||
| Kurtosis | 2.66 |
Consider Smart Sand's intraday indicators
Smart Sand intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Smart Sand stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Smart Sand time-series forecasting models is one of many Smart Sand's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Smart Sand's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Smart Stock media impact
There is far too much social signal, news, headlines, and media speculation about Smart Sand that are available to investors today. This information is accessible both publicly - through Smart Sand's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Smart-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Smart Sand news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Smart Sand relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Smart Sand's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Smart Sand alpha.
When determining whether Smart Sand is a strong investment it is important to analyze Smart Sand's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smart Sand's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart Sand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Non-Metallic and Industrial Metal Mining space 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 Smart Sand. If investors know Smart 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 Smart Sand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Smart Sand is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Sand's value that differs from its market value or its book value, called intrinsic value, which is Smart Sand'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 Smart Sand's market value can be influenced by many factors that don't directly affect Smart Sand's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Smart Sand's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Smart Sand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Sand'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.