Smith & Nephew plc ADR (NYSE: SNN) is 1.91% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SNN stock was last observed hovering at around $25.85 in the last trading session, with the day’s loss setting it -0.8%.
Currently trading at $25.05, the stock is -9.43% and -8.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -3.09% at the moment leaves the stock -9.08% off its SMA200. SNN registered 1.58% gain for a year compared to 6-month gain of -12.01%. The firm has a 50-day simple moving average (SMA 50) of $27.3732 and a 200-day simple moving average (SMA200) of $27.55145.
The stock witnessed a -13.14% loss in the last 1 month and extending the period to 3 months gives it a 3.00%, and is -10.34% 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 4.98% over the week and 2.40% over the month.
Smith & Nephew plc ADR (SNN) has around 18456 employees, a market worth around $10.94B and $5.78B in sales. Current P/E ratio is 26.76 and Fwd P/E is 11.56. Profit margin for the company is 7.09%. Distance from 52-week low is 5.92% and -21.03% from its 52-week high. The company has generated returns on investments over the last 12 months (4.81%).
The EPS is expected to grow by 14.15% this year
263.0 institutions hold shares in Smith & Nephew plc ADR (SNN), with institutional investors hold 8.11% of the company’s shares. The shares outstanding are 436.75M, and float is at 436.30M with Short Float at 0.26%. Institutions hold 8.11% 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 0.4996 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 0.4787 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 1.52 million shares representing 0.3492 and valued at over $37.68 million, while SCHARF INVESTMENTS, LLC holds 0.3419 of the shares totaling 2.99 million with a market value of $74.0 million.
