SmartFinancial Inc [SMBK] stock prices are up 2.01% to $36.08 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SMBK shares have gain 7.99% over the last week, with a monthly amount glided 12.22%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SmartFinancial Inc [NYSE: SMBK] stock has seen the most recent analyst activity on December 09, 2024, when Stephens downgraded its rating to a Equal-Weight. Previously, Hovde Group reaffirmed its Market Perform rating on October 23, 2024, and elevated its price target to $32.50. On July 24, 2024, Hovde Group reiterated its Market Perform rating and revised its price target to $28 on the stock. Piper Sandler downgraded its rating to a Neutral and increased its price target to $28 on July 24, 2024. Piper Sandler upgraded its rating to a Overweight and raised its price target to $26 on April 24, 2024. Hovde Group reiterated a Market Perform rating for this stock on April 24, 2024, and downed its price target to $23. In a note dated July 31, 2023, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $30.
The stock price of SmartFinancial Inc [SMBK] has been fluctuating between $23.08 and $37.72 over the past year. Currently, Wall Street analysts expect the stock to reach $30.33 within the next 12 months. SmartFinancial Inc [NYSE: SMBK] shares were valued at $36.08 at the most recent close of the market. An investor can expect a potential drop of -15.94% based on the average SMBK price forecast.
Analyzing the SMBK fundamentals
The SmartFinancial Inc [NYSE:SMBK] reported sales of 289.89M for trailing twelve months, representing a surge of 9.50%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
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 35.66 points at the first support level, and at 35.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.34, and for the 2nd resistance point, it is at 36.60.
Ratios To Look Out For
It’s worth pointing out that SmartFinancial Inc [NYSE:SMBK]’s Current Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 2.12, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 15.99.
Transactions by insiders
Recent insider trading involved Welborn Wesley Miller, CHAIRMAN OF THE BOARD, that happened on Feb 03 ’25 when 1162.0 shares were purchased. EVP & CHIEF CREDIT OFFICER, Jordan Rhett D. completed a deal on Jan 27 ’25 to sell 350.0 shares. Meanwhile, Director PRESLEY JOHN M sold 6916.0 shares on Dec 09 ’24.
