Smith Nephew Ownership
| SNN Stock | USD 28.46 0.07 0.25% |
Shares in Circulation | First Issued 1999-03-31 | Previous Quarter 873.5 M | Current Value 879.7 M | Avarage Shares Outstanding 719 M | Quarterly Volatility 324.2 M |
Smith |
Smith Stock Ownership Analysis
The book value of the company was at this time reported as 6.03. The company has Price/Earnings To Growth (PEG) ratio of 0.49. Smith Nephew SNATS last dividend was issued on the 28th of March 2025. The entity had 2499:1000 split on the 15th of October 2014. 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. It employs 18000 people. To find out more about Smith Nephew SNATS contact Deepak Nath at 44 1923 477 100 or learn more at https://www.smith-nephew.com.Besides selling stocks to institutional investors, Smith Nephew also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Smith Nephew's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Smith Nephew's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Smith Nephew Quarterly Liabilities And Stockholders Equity |
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Less than 1% of Smith Nephew SNATS are currently held by insiders. Unlike Smith Nephew's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Smith Nephew's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Smith Nephew's insider trades
Smith Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Smith Nephew is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Smith Nephew SNATS backward and forwards among themselves. Smith Nephew's institutional investor refers to the entity that pools money to purchase Smith Nephew's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Envestnet Asset Management Inc | 2024-12-31 | 535.4 K | Northern Trust Corp | 2024-12-31 | 508.4 K | Armistice Capital, Llc | 2024-12-31 | 494 K | Causeway Capital Management Llc | 2024-12-31 | 480.9 K | Wells Fargo & Co | 2024-12-31 | 470.9 K | Fmr Inc | 2024-12-31 | 464 K | Tpg Gp A, Llc | 2024-12-31 | 456.2 K | Heartland Advisors Inc | 2024-12-31 | 437 K | Blackrock Inc | 2024-12-31 | 411.9 K | Fiduciary Management, Inc. Of Milwaukee | 2024-12-31 | 4 M | Millennium Management Llc | 2024-12-31 | 3.4 M |
Smith Nephew Outstanding Bonds
Smith Nephew 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 Nephew SNATS 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 Nephew SNATS 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Smith Nephew Corporate Filings
6K | 11th of March 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 10th of March 2025 Other Reports | ViewVerify | |
| 19th of February 2025 Other Reports | ViewVerify |
Pair Trading with Smith Nephew
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smith Nephew position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smith Nephew will appreciate offsetting losses from the drop in the long position's value.Moving together with Smith Stock
| 0.8 | CMRX | Chimerix Sell-off Trend | PairCorr |
Moving against Smith Stock
| 0.79 | AA | Alcoa Corp | PairCorr |
| 0.7 | HPQ | HP Inc | PairCorr |
| 0.68 | AXP | American Express | PairCorr |
| 0.66 | EYEN | Eyenovia | PairCorr |
| 0.63 | CAT | Caterpillar | PairCorr |
The ability to find closely correlated positions to Smith Nephew could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smith Nephew when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smith Nephew - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smith Nephew SNATS to buy it.
The correlation of Smith Nephew is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smith Nephew moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smith Nephew SNATS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Smith Nephew can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Health Care Equipment & Supplies 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 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 1.164 | Dividend Share 0.375 | Earnings Share 0.94 | Revenue Per Share | Quarterly Revenue Growth 0.06 |
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.