Smith & Nephew plc ADR (NYSE:SNN) traded with a subtraction of -$0.06 to close at $24.76on Friday, a downside of -0.24 percent. An average of 1,486,486 shares of common stock have been traded in the last five days. There was a fall of -$0.53 in the past week, and it reached a new high 30 times over the past 12 months. The last 20 days have seen an average of 1,055,216 shares traded, while the 50-day average volume stands at 823,395.
SNN stock has decreased by -9.07% in the last month. The company shares reached their 1-month lowest point of $24.15 on 09/27/23. With the stock rallying to its 52-week high on 04/28/23, shares of the company touched a low of $21.85 and a high of $33.08 in 52 weeks. It has reached a new high 15 times so far this year and lost -7.92% or -$2.06 in price. In spite of this, the price is down -25.16% from the 52-week high.
Valuation Metrics
Smith & Nephew plc ADR (SNN) has a trailing price-to-earnings (P/E) ratio of 48.92, which compares with the N/A for the broader industry. The stock’s beta is 0.65. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.97, the price-to-book (PB) ratio at 2.06, and the price-to-cash flow ratio at 407.63.
The company has a payout ratio of 142.72%. The company’s most recent quarterly dividend payment was $0.4620 a share, without any change from last year. Its latest increase dividend $0.1740 reported on Monday February 27 2023.
Financial Health
The quick ratio of Smith & Nephew plc ADR for the three months ended June 29 was 0.83, and the current ratio was 2.19, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.58 for the quarter ending June 29. Its gross profit as reported stood at $3.67 billion compared to revenue of $5.21 billion.
Earnings Surprise
The analyst consensus anticipated Smith & Nephew plc ADR’s latest quarter earnings to come in at -$0.21 per share, but it turned out to be -$0.12, a 42.90% surprise.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Smith & Nephew plc ADR (SNN) price momentum. RSI 9-day as of the close on 28 September was 29.29%, suggesting the stock is oversold, with historical volatility in this time frame at 19.67%.
As of today, SNN’s price is $24.88 -2.09% or -$0.53 from its 5-day moving average. SNN is currently trading -7.83% lower than its 20-day SMA and -21.84% lower than its 100-day SMA. However, the stock’s current price level is -19.77% below the SMA50 and -9.41% below the SMA200.
The stochastic %K and %D were 18.97% and 12.64%, respectively, and the average true range (ATR) was 0.41. With the 14-day stochastic at 25.66% and the average true range at 0.40, the RSI (14) stands at 29.03%. The stock has reached -0.55 on the 9-day MACD Oscillator while the 14-day reading was at -0.97.
Analyst Ratings
UBS upgraded Smith & Nephew plc ADR (NYSE: SNN) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for Smith & Nephew plc ADR (SNN) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SNN, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.
What is SNN’s price target for the next 12 months?
Analysts predict a range of price targets between $29.27 and $40.87, with a median target of $34.27. Taking a look at these predictions, the average price target given by analysts for Smith & Nephew plc ADR (SNN) stock is $34.14.
