Smith & Nephew plc ADR (SNN) stock forecast: Can it reach its 52-week high of $31.72

A share price of Smith & Nephew plc ADR [SNN] is currently trading at $24.64, up 0.08%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SNN shares have lost -0.24% over the last week, with a monthly amount drifted -14.62%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Smith & Nephew plc ADR [NYSE: SNN] stock has seen the most recent analyst activity on November 06, 2024, when Berenberg downgraded its rating to a Hold. Previously, Deutsche Bank downgraded its rating to Hold on November 01, 2024. On July 24, 2024, Deutsche Bank initiated with a Buy rating. UBS upgraded its rating to a Buy. Barclays upgraded its rating to a Equal Weight. JP Morgan upgraded its rating to Overweight for this stock on November 03, 2023. In a note dated October 31, 2023, HSBC Securities upgraded an Buy rating on this stock.

Smith & Nephew plc ADR experienced fluctuations in its stock price throughout the past year between $23.65 and $31.72. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Smith & Nephew plc ADR [NYSE: SNN] shares were valued at $24.64 at the most recent close of the market. An investor can expect a potential return of 9.58% based on the average SNN price forecast.

Analyzing the SNN fundamentals

Trailing Twelve Months sales for Smith & Nephew plc ADR [NYSE:SNN] were 5.62B which represents 3.40% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.54 points at the first support level, and at 24.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.83, and for the 2nd resistance point, it is at 25.02.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Smith & Nephew plc ADR [NYSE:SNN] is 2.51. As well, the Quick Ratio is 1.11, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 1.91, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 35.38.

Related Posts