Smith Nephew Snats Stock Today
| SNN Stock | USD 24.44 0.30 1.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Smith Nephew is selling at 24.44 as of the 3rd of May 2024; that is 1.24 percent increase since the beginning of the trading day. The stock's open price was 24.14. 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 14th of May 2022 and ending today, the 3rd of May 2024. Click here to learn more.
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 2.4 days to cover. More on Smith Nephew SNATS
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Follow Valuation Odds of Bankruptcy
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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.
| CEO | Roland Diggelmann |
| Thematic Ideas | (View all Themes) |
| Old Name | Sanne Group plc |
| Business Concentration | Medical Equipment, Medical Devices, Healthcare, NYSE Composite, Bucharest BET-NG, Obamacare Repeal, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors) |
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 Medical Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 10.75 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 2.4 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 AllocationSmith Nephew maintains a total of 437.17 Million outstanding shares. About 92.0 % of Smith Nephew outstanding shares are held by general public with 0.028 (%) 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.
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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 82.95%. 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 SNATS has a beta of -0.3484. This usually implies as returns on the benchmark increase, returns on holding Smith Nephew are expected to decrease at a much lower rate. During a bear market, however, Smith Nephew SNATS is likely to outperform the market. 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.
Based on a normal probability distribution, the odds of Smith Nephew to move above the current price in 90 days from now is about 82.95 (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 Nephew SNATS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Smith Nephew market risk premium is the additional return an investor will receive from holding Smith Nephew long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Smith Nephew. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Smith Nephew's alpha and beta are two of the key measurements used to evaluate Smith Nephew's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.5131 |
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.
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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.Did you try this?
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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 Friedman | Non-Executive Independent Director | Profile | |
| Vinita Bali | Non-Executive Independent Director | Profile | |
| John Rogers | CFO Director | Profile | |
| Graham Baker | Chief Financial Officer, Executive Director | Profile |
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Smith Stock analysis
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.
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.