Smith Midland Corp Stock Buy Hold or Sell Recommendation
| SMID Stock | USD 40.95 0.01 0.02% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Smith Midland Corp is 'Buy'. Macroaxis provides Smith Midland buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SMID positions.
Check out Smith Midland Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Smith and provide practical buy, sell, or hold advice based on investors' constraints. Smith Midland Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Smith |
Execute Smith Midland Buy or Sell Advice
The Smith recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Smith Midland Corp. Macroaxis does not own or have any residual interests in Smith Midland Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Smith Midland's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Smith Midland Trading Alerts and Improvement Suggestions
| Smith Midland Corp had very high historical volatility over the last 90 days | |
| Smith Midland Corp is unlikely to experience financial distress in the next 2 years | |
| Smith Midland Corp has a very strong financial position based on the latest SEC filings | |
| About 59.0% of the company shares are owned by institutional investors |
Smith Midland Returns Distribution Density
The distribution of Smith Midland's historical returns is an attempt to chart the uncertainty of Smith Midland's future price movements. The chart of the probability distribution of Smith Midland daily returns describes the distribution of returns around its average expected value. We use Smith Midland Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Smith Midland returns is essential to provide solid investment advice for Smith Midland.
| Mean Return | 0.34 | Value At Risk | -5.77 | Potential Upside | 6.49 | Standard Deviation | 4.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Smith Midland historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Smith Stock Institutional Investors
| Shares | Heritage Investors Management Corp | 2024-09-30 | 38.3 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 29.6 K | Bank Of America Corp | 2024-09-30 | 13.2 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 12.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 12.4 K | Intrust Bank Na | 2024-09-30 | 12.1 K | Rockefeller Capital Management L.p. | 2024-09-30 | 11 K | Millennium Management Llc | 2024-09-30 | 10.7 K | Citadel Advisors Llc | 2024-09-30 | 10.5 K | Thompson Davis & Co Inc | 2024-09-30 | 1.8 M | Blackrock Inc | 2024-09-30 | 245.5 K |
Smith Midland Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 48K | (651K) | (973K) | (1.4M) | (1.2M) | (1.2M) | |
| Change In Cash | 7.4M | 4.7M | (6.8M) | 2.4M | 2.8M | 3.0M | |
| Free Cash Flow | 4.9M | 3.8M | (9.1M) | 2.7M | 3.1M | 3.3M | |
| Depreciation | 2.4M | 2.7M | 2.9M | 2.4M | 2.8M | 2.9M | |
| Other Non Cash Items | (92K) | (3.0M) | 235K | (366K) | (329.4K) | (312.9K) | |
| Capital Expenditures | 2.6M | 5.4M | 2.7M | 5.0M | 5.8M | 6.0M | |
| Net Income | 2.7M | 7.6M | 800K | 795K | 914.3K | 1.0M | |
| End Period Cash Flow | 8.8M | 13.5M | 6.7M | 9.2M | 10.6M | 11.1M | |
| Change To Netincome | 802K | 646K | (2.9M) | 484K | 435.6K | 457.4K | |
| Investments | (2.4M) | (3.7M) | (2.6M) | (4.8M) | (4.3M) | (4.1M) | |
| Change Receivables | (4.4M) | 442K | 2.4M | 7.1M | 8.2M | 8.6M | |
| Net Borrowings | 508K | 2.6M | (744K) | 2.2M | 2.5M | 2.7M |
Smith Midland Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Smith Midland or Construction Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Smith Midland's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Smith stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 4.32 | |
Ir | Information ratio | 0.08 |
Smith Midland Volatility Alert
Smith Midland Corp shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Smith Midland's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Smith Midland's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Smith Midland Fundamentals Vs Peers
Comparing Smith Midland's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Smith Midland's direct or indirect competition across all of the common fundamentals between Smith Midland and the related equities. This way, we can detect undervalued stocks with similar characteristics as Smith Midland or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Smith Midland's fundamental indicators could also be used in its relative valuation, which is a method of valuing Smith Midland by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Smith Midland to competition |
| Fundamentals | Smith Midland | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.065 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 218.65 M | 16.62 B |
| Shares Outstanding | 5.3 M | 571.82 M |
| Shares Owned By Insiders | 15.31 % | 10.09 % |
| Shares Owned By Institutions | 59.27 % | 39.21 % |
| Number Of Shares Shorted | 239.2 K | 4.71 M |
| Price To Earning | 46.54 X | 28.72 X |
| Price To Book | 5.51 X | 9.51 X |
| Price To Sales | 3.17 X | 11.42 X |
| Revenue | 59.58 M | 9.43 B |
| Gross Profit | 15.74 M | 27.38 B |
| EBITDA | 3.96 M | 3.9 B |
| Net Income | 795 K | 570.98 M |
| Cash And Equivalents | 12.43 M | 2.7 B |
| Cash Per Share | 2.41 X | 5.01 X |
| Total Debt | 5.77 M | 5.32 B |
| Debt To Equity | 0.21 % | 48.70 % |
| Current Ratio | 2.60 X | 2.16 X |
| Book Value Per Share | 6.49 X | 1.93 K |
| Cash Flow From Operations | 7.73 M | 971.22 M |
| Short Ratio | 16.49 X | 4.00 X |
| Earnings Per Share | 1.22 X | 3.12 X |
| Number Of Employees | 172 | 18.84 K |
| Beta | 1.24 | -0.15 |
| Market Capitalization | 217.17 M | 19.03 B |
| Total Asset | 61.35 M | 29.47 B |
| Retained Earnings | 26.39 M | 9.33 B |
| Working Capital | 17.31 M | 1.48 B |
| Current Asset | 13.51 M | 9.34 B |
| Current Liabilities | 4.53 M | 7.9 B |
Note: Disposition of 10000 shares by Ashley Smith of Smith Midland subject to Rule 16b-3 [view details]
Smith Midland Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Smith . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Smith Midland Buy or Sell Advice
When is the right time to buy or sell Smith Midland Corp? Buying financial instruments such as Smith Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Smith Midland in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 73 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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Check out Smith Midland Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith Midland listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 12.798 | Earnings Share 1.22 | Revenue Per Share | Quarterly Revenue Growth 0.336 | Return On Assets |
The market value of Smith Midland Corp is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Midland's value that differs from its market value or its book value, called intrinsic value, which is Smith Midland's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith Midland's market value can be influenced by many factors that don't directly affect Smith Midland's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.