Long Term Growth Stock in Review: SmartFinancial, Inc. (:SMBK) Has Moved 8.54% This Year

SmartFinancial, Inc. (:SMBK) has been recommended as a long term growth pick according to Beta Research.  With their stock price currently trading around $19.83, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 85.60% earnings per share growth over the past 5 years and 38.00% revenue growth over that same time frame. 

Investors have a wide range of tools at their disposal when undertaking stock research. Many investors will opt to use a combination of technical and fundamental analysis. Staying on top of the stock market is no easy task. Knowing what information is important and how to interpret that information can be the difference between substantial profits and big losses. Investors are commonly trying to find a way to achieve long lasting success in the stock market. Many investors will experience temporary success that may give them false confidence down the road. Digging into the details and learning as much as possible about how markets work can be a huge help to the investor.

Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time.  Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same. 

A “buy-and-hold” investor will consider long-term growth as a longer time period then a day trader will. The buy-and-hold strategy looks ahead farther into the future, giving short-term price swings less consideration as long as the fundamentals stay the same.  A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.

Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, SmartFinancial, Inc. (:SMBK)’s stock was 8.54%.  Over the last week of the month, it was 2.96%, 13.31% over the last quarter, and  -16.65% for the past six months. 

Over the past 50 days, SmartFinancial, Inc.’s stock is -3.22% off of the high and 7.48% removed from the low.  Their 52-Week High and Low are as follows: -28.39% (High), 22.63%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $21.80 on the equity.   Analysts have a consensus recommendation of 2.40 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

Investors may be thinking about how to best approach the markets at present levels. Many investors may feel like they have missed the boat during the bull run. It may be a case of missed trades or being too conservative, but a well-planned forward thinking strategy may be just what is needed to get back on the right path. Studying various sectors may help offer some guidance on where to go from here. Investors may become very familiar and comfortable with a specific sector, and they may be losing out on opportunities from other quickly growing sectors. Investors may also need to take a long-term approach which may include creating a diversified portfolio that takes many different aspects into consideration. With the large amount of uncertainty that follows the global investing world on a daily basis, it may be useful for investors to be able to keep their emotions out of play.

There is no shortage of financial news and opinions as we live in the age of the 24 hour news cycle. Headlines and expert opinions seem to be around every corner when dealing with the stock market. Trying to keep up with all the swirling news can make ones head spin. Even though there may be some significant news mixed in, a lot of the headlines may not be worth paying much attention to. Figuring out what information is useful may take some time for the investor to figure out. Once the filter is in place, investors may find it much easier to focus on the important data. Making investment decisions solely based on news headlines may end up causing the portfolio to suffer down the line.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.