How to Buy Smith Midland Stock
Smith Midland Corp
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries.
Smith Midland stock last closed at $34.93, up 1.25% from the previous day, and has increased 33.83% in one year. It has overperformed other stocks in the Building Materials industry by 0.27 percentage points. Smith Midland stock is currently +39.55% from its 52-week low of $25.03, and -32.78% from its 52-week high of $51.96.
At the moment, there are 5.3M shares of SMID outstanding. The market capitalization of SMID is $185.29M. In the past 24 hours, 1900 SMID shares were traded.
How to Buy Smith Midland Stock
Not sure how to invest in Smith Midland stock? Here's how.
- Figure out where to buy Smith Midland stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Smith Midland stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Smith Midland stock: The Smith Midland ticker symbol is SMID. Is Smith Midland stock a good investment? Should you buy shares of SMID? How do SMID's underlying business fundamentals look? Do top analysts think Smith Midland is a good buy? Why has SMID's stock price moved recently? (Hint: Our stock market research website can help you decide if SMID is a good stock to buy).
- Place your SMID buy order: Decide if you will purchase SMID shares at the current market price or use a limit order to buy SMID shares at a specific price.
- Get the latest scoop on your investment in SMID: Create a watchlist to track your new investment in Smith Midland stock.
Step 1: Figure out where to buy Smith Midland stock
You will need an online brokerage account to access the NASDAQ market and buy SMID stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to invest in SMID stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best beginner stock app, you need to deposit funds:
Check out the walkthrough below if you need help transferring money into your new investment account.
Step 4: Evaluate Smith Midland stock
After you have decided on the best place to buy Smith Midland stock, it's critical to research their stock prior to buying, so you can understand the risk as well as the opportunity.
Smith Midland shares at a glance
Fundamentals of Smith Midland
WallStreetZen was built to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SMID's stock page.
Is SMID stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SMID's fair value.
Using relative valuations metrics:
- SMID could be undervalued based on its P/E ratio of 24.09x, relative to Building Materials industry P/E ratio of 26.74x
- SMID may be overvalued based on its P/B ratio of 4.44x, relative to Building Materials industry P/B ratio of 2.58x
- SMID could be overvalued based on its PEG ratio of 1.08x
You can do more valuation analysis on SMID's stock here.
SMID Financial Health
Signs that SMID is financially healthy:
- SMID profit margin has gone up from 1.3% to 9.8% in the past year.
- SMID has $7.55M in cash and short term investments. This is sufficient to cover its annual cash burn of $992.00k.
- There are more short-term assets than long-term liabilities on the SMID balance sheet.
- There are more short-term assets than short-term liabilities on the SMID balance sheet.
- Total SMID debt is lower than 5 years ago, relative to shareholder equity.
- SMID has cash burn of 992000. It has enough cash and short-term investments to cover this for at least one year.
Signs that SMID is not financially healthy:
- SMID has a relatively high debt to equity ratio of 0.63.
SMID Technicals
How are SMID Revenues/Earnings doing?
Last year, SMID earnings were $7.68M. Over the past five year, SMID's earnings have increased by 30.71% per year. This was faster than the Building Materials industry average of 14.96%.
Last year, SMID revenue was $78.51M. During the last five year, SMID's revenue has gone up by 10.95% per year. This was faster than the Building Materials industry average of 6.74%.
You can research SMID's earnings and revenue performance here.
Who is buying/selling SMID?
In the last 12 months, insiders at SMID have not bought or sold any shares.
Get more info about who owns SMID stock here.
Does SMID provide a stable income stream?
No, Smith Midland doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Place your SMID buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in SMID
Now that you own some SMID stock, you'll want to keep up with your new investment.
Create a watchlist to track your SMID stock.
SMID Feed
How to Buy Stock in Smith Midland
To summarize, here are the 6 steps for buying Smith Midland stock:
- Figure out where to buy Smith Midland stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Evaluate Smith Midland stock
- Place your SMID buy order
- Get the latest scoop on your investment in SMID
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Smith Midland, click below.
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