Stein Mart Inc. (NASDAQ:SMRT) does about 3.37M shares in volume on a normal day but saw 40150831 shares change hands in Friday trading. The company now has a market cap of 6.02M USD and an enterprise value of about $594.18M. Its current market price is $0.11, marking a decrease of -11.06% compared to the previous close of $0.12. The 52 week high reached by this stock is $0.95 whilst the lowest price level in 52 weeks is $0.12. The script in recent trading has seen the stock touch a high of $0.164 and a low of $0.10.
Stein Mart Inc. (SMRT) has a 20-day trading average at $0.2960 and the current price is -88.48% off the 52-week high compared with -11.06% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3647 and its 200-day simple moving average is $0.5459. If we look at the stock’s price movements over the week, volatility stands at 30.41%, which decreases to 13.05% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 16.97 to suggest the stock is oversold.
1 analysts observing the Stein Mart Inc. (SMRT) stock have set the 12-month price targets for the company’s shares at between $2.00 and $2.00. The median price target is 94.5% away from the current levels at $2.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 29, 2016 when Sidoti downgraded the stock to “Neutral” and issued a price target of . Northcoast also downgraded the stock to “Neutral” from Buy on May 09, 2016 at a price target of .
The current price level is -64.49%, -70.53%, and -80.08% away from its SMA20, SMA50, and SMA200 respectively, with the SMRT price moving above the 50-day SMA on August 14. Stein Mart Inc. (SMRT) stock is down -62.92% over the week and -69.80% over the past month. Its price is -83.65% year-to-date and -85.79% over the past year.
The company’s next earnings report is expected on 08/19/2020, with forecasts estimating quarterly EPS at $0 and $0 for whole year.
Its 12-month price target is $2.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $2.00.
Outstanding shares total 47.46M with insiders holding 48.28% of the shares and institutional holders owning 7.33% of the company’s common stock. The company has a return on investment of -0.80% and return on equity of -434.10%. The beta has a value of -0.06. Price to sales ratio is 0.01.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in Stein Mart Inc. (SMRT) to 499,303 shares, mirroring a recent drop by 0.00%. Vanguard Total Stock Market Index dumped 0.0 shares of Stein Mart Inc. common stock bringing its total worth to about $0.16 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which sold off 0.0 shares to end up with 402,522 shares worth $0.13 million. Fidelity Extended Market Index Fu cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.24% position in Stein Mart Inc. thanks to 0.12 million shares amounting to $36903.0.