Professional
Added to YB: 2024-10-16
Pitch date: 2024-09-30
SNN [bullish]
Smith & Nephew plc
+8.35%
current return
Author Info
No bio for this author
Company Info
Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.
Market Cap
GBP 13.8B
Pitch Price
GBP 30.12
Price Target
N/A
Dividend
2.34%
EV/EBITDA
11.20
P/E
29.17
EV/Sales
2.79
Sector
Health Care Equipment and Supplies
Category
turnaround
Heartland Mid Cap Value Fund Portfolio Holding: Smith & Nephew plc
SNN: Medical device co. implementing self-help plan. Wound care strong ROIC, ortho below par. Improving sales force, manufacturing, productivity. Hip/knee shipments hit targets. 11x EV/EBITDA, cheap vs peers. Ortho inefficiencies depress margins. Progress on market share & ops could drive margin growth & multiple expansion.
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