Smith Midland Corp Stock Performance
| SMID Stock | USD 49.10 0.70 1.45% |
On a scale of 0 to 100, Smith Midland holds a performance score of 14. The entity has a beta of 1.2, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Smith Midland will likely underperform. Please check Smith Midland's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Smith Midland's existing price patterns will revert.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Smith Midland Corp are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating forward indicators, Smith Midland exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.45 | Five Day Return 5.98 | Year To Date Return 24.71 | Ten Year Return 2 K | All Time Return 858.05 |
Dividend Date 2020-01-03 | Ex Dividend Date 2019-12-19 |
1 | Disposition of 4000 shares by Ashley Smith of Smith Midland at 4.85 subject to Rule 16b-3 | 09/09/2024 |
2 | Smith-Midland Volatility And Price Make This Prospect Unappealing - Seeking Alpha | 09/11/2024 |
3 | The Zacks Analyst Blog Highlights Broadcom, Novo Nordisk, ConocoPhillips, Smith-Midland Corp. and Tredegar - Yahoo Finance | 09/26/2024 |
4 | Acquisition by Smith Rodney I of 42000 shares of Smith Midland subject to Rule 16b-3 | 10/18/2024 |
5 | A Look At The Fair Value Of Smith-Midland Corporation | 10/21/2024 |
6 | Smith-Midland to Present and Host 1x1 Investor Meetings at the 16th Annual Southwest IDEAS Investor Conference on November 21st | 11/15/2024 |
7 | Smith-Midland Reports Record Q3 2024 Revenue - TipRanks | 11/18/2024 |
8 | Disposition of 1334 shares by Gerhardt Richard of Smith Midland at 36.5 subject to Rule 16b-3 | 11/29/2024 |
| Begin Period Cash Flow | 6.7 M |
Smith |
Smith Midland Relative Risk vs. Return Landscape
If you would invest 3,255 in Smith Midland Corp on September 2, 2024 and sell it today you would earn a total of 1,655 from holding Smith Midland Corp or generate 50.84% return on investment over 90 days. Smith Midland Corp is currently generating 0.7221% in daily expected returns and assumes 4.052% risk (volatility on return distribution) over the 90 days horizon. In different words, 36% of stocks are less volatile than Smith, and 86% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Smith Midland Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smith Midland's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Smith Midland Corp, and traders can use it to determine the average amount a Smith Midland'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 = 0.1782
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.05 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Smith Midland is performing at about 14% 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 Smith Midland by adding it to a well-diversified portfolio.
Smith Midland Fundamentals Growth
Smith Stock prices reflect investors' perceptions of the future prospects and financial health of Smith Midland, and Smith Midland 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 Smith Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.065 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 256.74 M | ||||
| Shares Outstanding | 5.3 M | ||||
| Price To Earning | 46.54 X | ||||
| Price To Book | 6.46 X | ||||
| Price To Sales | 3.81 X | ||||
| Revenue | 59.58 M | ||||
| Gross Profit | 9.47 M | ||||
| EBITDA | 3.96 M | ||||
| Net Income | 795 K | ||||
| Cash And Equivalents | 12.43 M | ||||
| Cash Per Share | 2.41 X | ||||
| Total Debt | 5.77 M | ||||
| Debt To Equity | 0.21 % | ||||
| Current Ratio | 2.60 X | ||||
| Book Value Per Share | 6.49 X | ||||
| Cash Flow From Operations | 7.73 M | ||||
| Earnings Per Share | 1.22 X | ||||
| Market Capitalization | 260.46 M | ||||
| Total Asset | 61.35 M | ||||
| Retained Earnings | 26.39 M | ||||
| Working Capital | 17.31 M | ||||
| Current Asset | 13.51 M | ||||
| Current Liabilities | 4.53 M | ||||
About Smith Midland Performance
By analyzing Smith Midland's fundamental ratios, stakeholders can gain valuable insights into Smith Midland's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Smith Midland 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 Smith Midland 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 | ||
| Days Of Inventory On Hand | 38.42 | 46.54 | |
| Return On Tangible Assets | 0.01 | 0.02 | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | 0.01 | 0.02 | |
| Return On Equity | 0.02 | 0.04 |
Things to note about Smith Midland Corp performance evaluation
Checking the ongoing alerts about Smith Midland for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Smith Midland Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Smith Midland Corp appears to be risky and price may revert if volatility continues | |
| Smith Midland Corp is unlikely to experience financial distress in the next 2 years | |
| Smith Midland Corp has a strong financial position based on the latest SEC filings | |
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 1334 shares by Gerhardt Richard of Smith Midland at 36.5 subject to Rule 16b-3 |
- Analyzing Smith Midland'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 Smith Midland's stock is overvalued or undervalued compared to its peers.
- Examining Smith Midland'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 Smith Midland's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Smith Midland's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Smith Midland's stock. These opinions can provide insight into Smith Midland's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Smith Stock analysis
When running Smith Midland's price analysis, check to measure Smith Midland'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 Midland is operating at the current time. Most of Smith Midland's value examination focuses on studying past and present price action to predict the probability of Smith Midland'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 Midland's price. Additionally, you may evaluate how the addition of Smith Midland to your portfolios can decrease your overall portfolio volatility.
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