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Smith & Nephew plc ADR (SNN) Is Down -10.04% in 2024 With Lots of Room to Run

Smith & Nephew plc ADR (NYSE: SNN) is -10.04% lower on its value in year-to-date trading and has touched a low of $23.65 and a high of $31.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNN stock was last observed hovering at around $24.66 in the last trading session, with the day’s loss setting it -0.12%.

Currently trading at $24.54, the stock is -3.24% and -6.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -0.49% at the moment leaves the stock -9.42% off its SMA200. SNN registered -9.25% loss for a year compared to 6-month gain of -1.37%. The firm has a 50-day simple moving average (SMA 50) of $26.263 and a 200-day simple moving average (SMA200) of $27.10905.

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The stock witnessed a -2.00% loss in the last 1 month and extending the period to 3 months gives it a -19.67%, and is -3.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.39% over the week and 1.26% over the month.

Smith & Nephew plc ADR (SNN) has around 19551 employees, a market worth around $10.70B and $5.62B in sales. Current P/E ratio is 35.24 and Fwd P/E is 12.54. Profit margin for the company is 5.41%. Distance from 52-week low is 3.76% and -22.64% from its 52-week high. The company has generated returns on investments over the last 12 months (3.59%).

with sales reaching $1.54B over the same period.The EPS is expected to grow by 0.46% this year, but quarterly earnings will post 4.16% year-over-year. Quarterly sales are estimated to grow 5.55% in year-over-year returns.

Smith & Nephew plc ADR (SNN) Top Institutional Holders

257.0 institutions hold shares in Smith & Nephew plc ADR (SNN), with institutional investors hold 7.58% of the company’s shares. The shares outstanding are 435.94M, and float is at 434.51M with Short Float at 0.66%. Institutions hold 7.58% of the Float.

The top institutional shareholder in the company is FIDUCIARY MANAGEMENT INC /WI/ with over 4.36 million shares valued at $108.13 million. The investor’s holdings represent 1.002% of the SNN Shares outstanding. As of 2024-06-30, the second largest holder is BARROW HANLEY MEWHINNEY & STRAUSS LLC with 4.18 million shares valued at $103.61 million to account for 0.9601 of the shares outstanding. The other top investors are SCHARF INVESTMENTS, LLC which holds 2.99 million shares representing 0.6857% and valued at over $74.0 million, while TPG GP A, LLC holds 0.4816 of the shares totaling 2.1 million with a market value of $51.97 million.

Smith & Nephew plc ADR (SNN) Insider Activity

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