Summit Midstream Stock Performance
| SMC Stock | 36.34 1.14 3.24% |
Summit Midstream has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Summit Midstream's returns are expected to increase less than the market. However, during the bear market, the loss of holding Summit Midstream is expected to be smaller as well. Summit Midstream right now has a risk of 2.12%. Please validate Summit Midstream downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Summit Midstream will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Summit Midstream are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound primary indicators, Summit Midstream is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 3.24 | Five Day Return 5.36 | Year To Date Return (1.60) | Ten Year Return (99.50) | All Time Return (99.78) |
Last Split Factor 1:15 | Dividend Date 2020-11-10 | Ex Dividend Date 2020-02-06 | Last Split Date 2020-11-10 |
1 | SHAREHOLDER INVESTIGATION Halper Sadeh LLC Investigates SMAR, KAVL, SMC on Behalf of Shareholders | 10/04/2024 |
2 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 35.61 subject to Rule 16b-3 | 11/15/2024 |
3 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 35.54 subject to Rule 16b-3 | 11/18/2024 |
4 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 35.75 subject to Rule 16b-3 | 11/21/2024 |
5 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 37.07 subject to Rule 16b-3 | 11/26/2024 |
6 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 36.85 subject to Rule 16b-3 | 11/27/2024 |
7 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 37.85 subject to Rule 16b-3 | 12/03/2024 |
8 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 37.77 subject to Rule 16b-3 | 12/05/2024 |
9 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 37.78 subject to Rule 16b-3 | 12/06/2024 |
10 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 37.22 subject to Rule 16b-3 | 12/09/2024 |
11 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 37.59 subject to Rule 16b-3 | 12/10/2024 |
12 | Insider Selling Summit Midstream Corporation CEO Sells 1,000 Shares of Stock | 12/11/2024 |
13 | Disposition of 20000 shares by James Johnston of Summit Midstream at 36.2 subject to Rule 16b-3 | 12/12/2024 |
14 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 35.95 subject to Rule 16b-3 | 12/13/2024 |
15 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 35.18 subject to Rule 16b-3 | 12/16/2024 |
16 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 35.12 subject to Rule 16b-3 | 12/17/2024 |
17 | Insider Sell J Deneke Sells 3,000 Shares of Summit Midstream Corp | 12/19/2024 |
18 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 34.97 subject to Rule 16b-3 | 12/20/2024 |
19 | Disposition of 1000 shares by Deneke J Heath of Summit Midstream at 34.94 subject to Rule 16b-3 | 12/23/2024 |
20 | Analyzing Summit Midstream and Its Competitors | 12/26/2024 |
| Begin Period Cash Flow | 13.5 M |
Summit |
Summit Midstream Relative Risk vs. Return Landscape
If you would invest 3,503 in Summit Midstream on September 28, 2024 and sell it today you would earn a total of 131.00 from holding Summit Midstream or generate 3.74% return on investment over 90 days. Summit Midstream is generating 0.081% of daily returns assuming volatility of 2.1222% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Summit, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Summit Midstream Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Summit Midstream's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Summit Midstream, and traders can use it to determine the average amount a Summit Midstream's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0382
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SMC | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Summit Midstream is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Midstream by adding it to a well-diversified portfolio.
Summit Midstream Fundamentals Growth
Summit Stock prices reflect investors' perceptions of the future prospects and financial health of Summit Midstream, and Summit Midstream fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Summit Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0226 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 1.14 B | ||||
| Shares Outstanding | 10.65 M | ||||
| Price To Book | 0.45 X | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 458.9 M | ||||
| EBITDA | 193.32 M | ||||
| Net Income | (38.95 M) | ||||
| Total Debt | 1.47 B | ||||
| Book Value Per Share | 67.58 X | ||||
| Cash Flow From Operations | 126.91 M | ||||
| Earnings Per Share | 6.19 X | ||||
| Market Capitalization | 368.34 M | ||||
| Total Asset | 2.49 B | ||||
| Working Capital | (35.59 M) | ||||
About Summit Midstream Performance
By analyzing Summit Midstream's fundamental ratios, stakeholders can gain valuable insights into Summit Midstream's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Summit Midstream has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Summit Midstream has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.05) | (0.06) |
Things to note about Summit Midstream performance evaluation
Checking the ongoing alerts about Summit Midstream for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Summit Midstream help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Summit Midstream has high likelihood to experience some financial distress in the next 2 years | |
| Summit Midstream was previously known as Summit Midstream Partners and was traded on New York Stock Exchange under the symbol SMLP. | |
| The company reported the last year's revenue of 458.9 M. Reported Net Loss for the year was (38.95 M) with profit before taxes, overhead, and interest of 0. | |
| Summit Midstream has a poor financial position based on the latest SEC disclosures | |
| About 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Analyzing Summit Midstream and Its Competitors |
- Analyzing Summit Midstream's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Summit Midstream's stock is overvalued or undervalued compared to its peers.
- Examining Summit Midstream's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Summit Midstream's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Summit Midstream's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Summit Midstream's stock. These opinions can provide insight into Summit Midstream's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Summit Stock analysis
When running Summit Midstream's price analysis, check to measure Summit Midstream'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 Summit Midstream is operating at the current time. Most of Summit Midstream's value examination focuses on studying past and present price action to predict the probability of Summit Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Midstream's price. Additionally, you may evaluate how the addition of Summit Midstream to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |