Smart Sand Stock Target Price and Analyst Consensus

SND Stock  USD 2.32  0.03  1.31%   
The current analyst and expert consensus on Smart Sand is Hold, with no strong buy opinions. The current projected Smart Sand target price consensus is 2.63 with 1 analyst opinions. Check out Macroaxis Advice on Smart Sand to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.
The most common way Smart Sand analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Smart Sand executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Smart Sand. We encourage you to use your own analysis of Smart Sand to validate this buy or sell advice. Smart Sand buy-or-sell recommendation module provides average expert sentiment on the projected Smart Sand target price to derive its highest and lowest estimates based on projected price volatility of 3.5143.
Lowest Forecast
2.39
Highest Forecast
2.92
Target Price
2.63
As of November 22, 2024, Gross Profit is expected to decline to about 28.5 M. The current year's Pretax Profit Margin is expected to grow to -0.0072. At present, Smart Sand's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 11.1 M, whereas Other Current Liabilities is projected to grow to (584.2 K).
  
It's important to approach Smart Sand's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Smart Sand price targets

Smart Sand's stock target price is an estimate of its future price, usually made by analysts. Using Smart Sand's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Smart Sand's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Smart Sand's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Smart Sand Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Smart Sand is a key component of Smart Sand valuation and have some predictive power on the future returns of a Smart Sand.
Hype
Prediction
LowEstimatedHigh
0.122.355.86
Details
Intrinsic
Valuation
LowRealHigh
0.122.305.81
Details
Naive
Forecast
LowNextHigh
0.052.265.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.020.02
Details

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When determining whether Smart Sand is a strong investment it is important to analyze Smart Sand's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smart Sand's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out Macroaxis Advice on Smart Sand to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, the presentation of Smart Sand's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Smart Sand's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Smart Sand's management manipulating its earnings.