Smith & Nephew PLC (NYSE: SNN) has reported E.P.S. of $0.21 for its fourth fiscal quarter (ending December 31) versus $0.11 for the same period a year ago — an increase of 91%. For the latest four quarters through December 31, E.P.S. were $0.60 compared to $0.51 a year ago — an increase of 18%.
Recent Price Action
Smith & Nephew PLC (NYSE: SNN) stock closed at $27.96 on 2/27/24 after a modest decline of -2.0%. Moreover, unusually high trading volume at 190% of normal accompanied the decline. The stock is unchanged during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SNN is expected to continue to be a Value Builder.
Smith & Nephew has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Smith & Nephew has a poor Appreciation Score of 29 and a poor Power Rating of 28, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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