SmartFinancial is part of the financial services sector and is in the banking industry. The company CEO is William Y. Carroll. SmartFinancial Inc is a bank holding company. The company provides commercial bank products and services including personal banking, business banking and E-banking services.



Previous Intraday Performance:

The SMBK shares had a previous change of 0.67% which opened at 21.05 and closed at 21.10. It moved to an intraday high of 21.23 and a low of 20.92.

SeekingAlpha:  Merger Arbitrage Mondays – April 29, 2019

Historical Performance:

Over the last five trading days, SMBK shares returned 0.72% and in the past 30 trading days it returned 1.98%. Over three months, it changed 5.55%. In one year it has changed -16.20% and within that year its 52 week high was 27.69 and its 52 week low was 16.17. SMBK stock is 30.49% above its 52 week low.

Our calculations result in a 200 day moving average of 20.66 and a 50 day moving average of 20.63. Right now, SMBK stock is trading 2.13% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Merger Arbitrage Mondays – April 29, 2019

Liquidity:

The company has a market cap of $294.4m with 14.0m shares outstanding and a float of 12.3m shares. Trading volume was 39,080 shares and has experienced an average volume of 20,830 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for SmartFinancial was 1.45 which ended on 31st of December 2018, which according to the previous close, that is a PE of 14.55. The trailing twelve month EPS reported is 1.55 (trailing twelve month diluted EPS is 1.47).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 04-24-2019: 0.34
4thQtr 2018Reported 01-23-2019: 0.47
3rdQtr 2018Reported 10-23-2018: 0.34
2ndQtr 2018Reported 07-24-2018: 0.32
1stQtr 2018Reported 04-24-2018: 0.30

Base on our calculations, the intrinsic value per share is 28.84, which means it might be undervalued and has a margin of safety of 26.85%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of SmartFinancial; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 13.90% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 15.00% of insider ownership and 52.30% of institutional ownership.

The beta was calculated to be 0.54.

SeekingAlpha:  WVS Financial reports Q2 results

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 0.94%, profit margin is 18.22%, price-to-sales is 2.74 and price-to-book is 1.01.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 6  : Financial Safety Result
 3  : Past Performance Result
 4  : Valuation Result
 0  : Dividend Safety Result
 4  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

LEAVE A REPLY

Please enter your comment!
Please enter your name here