Is Smith Midland Stock a Good Investment?
Smith Midland Investment Advice | SMID |
- Examine Smith Midland'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 Smith Midland's leadership team and their track record. Good management can help Smith Midland navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Materials space and any emerging trends that could impact Smith Midland's business and its evolving consumer preferences.
- Compare Smith Midland's performance and market position to its competitors. Analyze how Smith Midland is positioned in terms of product offerings, innovation, and market share.
- Check if Smith Midland pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Smith Midland'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 Smith Midland Corp 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 Smith Midland Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Smith Midland Stock
Researching Smith Midland'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 15.0% of the company outstanding shares are owned by corporate insiders. The book value of Smith Midland was at this time reported as 7.61. The company last dividend was issued on the 19th of December 2019. Smith Midland Corp had 1:1 split on the June 19, 2008.
To determine if Smith Midland 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 Smith Midland's research are outlined below:
| Smith Midland Corp generated a negative expected return over the last 90 days | |
| Smith Midland Corp has high historical volatility and very poor performance | |
| About 62.0% of the company shares are owned by institutional investors |
Smith Midland 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 Smith Midland Corp. 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 Smith Midland'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.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Smith Midland's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 179.51 M.Smith Midland's profitablity analysis
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16.Determining Smith Midland's profitability involves analyzing its financial statements and using various financial metrics to determine if Smith Midland is a good buy. For example, gross profit margin measures Smith Midland'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 Smith Midland's profitability and make more informed investment decisions.
Please note, the presentation of Smith Midland'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, Smith Midland's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Smith Midland's management manipulating its earnings.
Basic technical analysis of Smith Stock
As of the 26th of February, Smith Midland has the Variance of 11.76, risk adjusted performance of (0.10), and Coefficient Of Variation of (664.52). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Smith Midland Corp, as well as the relationship between them. Please validate Smith Midland Corp variance and value at risk to decide if Smith Midland is priced more or less accurately, providing market reflects its prevalent price of 34.46 per share. Given that Smith Midland Corp has information ratio of (0.15), we advise you to double-check Smith Midland Corp's current market performance to make sure the company can sustain itself at a future point.Smith Midland'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 Smith Midland insiders, such as employees or executives, is commonly permitted as long as it does not rely on Smith Midland'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 Smith Midland 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.
Smith Midland's Outstanding Corporate Bonds
Smith Midland 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. Smith Midland Corp 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 Smith bonds can be classified according to their maturity, which is the date when Smith Midland Corp 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.
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| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Smith Midland's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Smith Midland'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 | (0.10) | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 2.63 | |||
| Coefficient Of Variation | (664.52) | |||
| Standard Deviation | 3.43 | |||
| Variance | 11.76 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 16.54 | |||
| Value At Risk | (6.84) | |||
| Potential Upside | 6.32 | |||
| Skewness | 0.0916 | |||
| Kurtosis | 0.4405 |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 2.63 | |||
| Coefficient Of Variation | (664.52) | |||
| Standard Deviation | 3.43 | |||
| Variance | 11.76 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 16.54 | |||
| Value At Risk | (6.84) | |||
| Potential Upside | 6.32 | |||
| Skewness | 0.0916 | |||
| Kurtosis | 0.4405 |
Consider Smith Midland's intraday indicators
Smith Midland 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 Smith Midland 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.
Smith Midland time-series forecasting models is one of many Smith Midland'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 Smith Midland'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.
Smith Stock media impact
Far too much social signal, news, headlines, and media speculation about Smith Midland that are available to investors today. That information is available publicly through Smith media outlets and privately through word of mouth or via Smith internal channels. However, regardless of the origin, that massive amount of Smith data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Smith Midland 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 Smith Midland 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 Smith Midland's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Smith Midland alpha.
Smith Midland Corporate Executives
Elected by the shareholders, the Smith Midland's board of directors comprises two types of representatives: Smith Midland inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Smith. The board's role is to monitor Smith Midland's management team and ensure that shareholders' interests are well served. Smith Midland's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Smith Midland's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Krick | Treasurer, CFO | Profile | |
| Stephanie Poe | Treasur CFO | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Construction Materials 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 Smith Midland. 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 Midland 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 Midland Corp 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 Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland'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 Midland's market value can be influenced by many factors that don't directly affect Smith Midland'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 Smith Midland's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland'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.