Smith & Nephew PLC (LON:SN) Share Price

Name: Smith & Nephew PLC (LON:SN)
Description: Smith & Nephew (LON:SN.) shares look attractive right now. A long-standing business that has been able to weather the ups and downs of the global economy over the decades, Smith & Nephew is one of the UK’s top healthcare companies. And in the years ahead, it should enjoy huge tailwinds from the world’s ageing population given its focus on joint replacement technology. However, at present, none of this seems to be reflected in its valuation as its P/E ratio is quite low. So, there could be an opportunity here for long-term investors. 20/11/23
Summary
Today’s Smith & Nephew PLC (LON:SN) share price is 1,029.41p (as of 01/12/2023 16:57) which is a change of 5.91 or 0.58% from the last closing price of 1,029.41 with 1,827,108 shares traded giving Smith & Nephew PLC (LON:SN) a market capitalisation of £11,535,541,001. The most recent daily high has been 1,037.5 and daily low 1,024.73. The Smith & Nephew PLC (LON:SN) share price 52 week high has been 1,316.75 and the 52 week low 887. Based on the most recent Smith & Nephew PLC (LON:SN) share price opening of 1,029.41, the current Smith & Nephew PLC (LON:SN) EPS (earnings per share) are 0.2 and the PE (price earnings ratio) is 52.36.
Pros
- Low valuation
- Reliable dividend payer
- Benefitting from the ageing population
Cons
- Concentrated product portfolio
- Faces competition from bigger rivals
- Reliance on the US market
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Outlook