What Make Stein Mart Inc (NASDAQ:SMRT) A Compelling Stock?

Stein Mart Inc (NASDAQ:SMRT) shares traded 0.65% up during most recent session to reach at the closing price of $1.55. The stock exchanged hands 2.56 Million shares versus average trading capacity of 862.55 Million shares, yielding a market cap of $73.13 Million. Wall Street analysts covering the stock are projecting that the stock will reach $2 within the next 52-weeks. The mean target projections are based on 1 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Stein Mart Inc (NASDAQ:SMRT) high price target of $2 and with a conservative view have low price target of $2.

Johnson Rice “Downgrades” Stein Mart Inc (NASDAQ:SMRT) in a research note issued to investors on 9/30/16 to Hold.

Additionally on 9/29/16 Sidoti & Co. “Downgrades” Stein Mart Inc (NASDAQ:SMRT) to Neutral setting price target at $ and on 5/09/16 Northland Securities “Downgrades” the stock to Neutral. Furthermore on 2/13/14 Canaccord Genuity “Initiates Coverage on” the stock to Buy at $18.

On the other hand the company has Relative Strength Index (RSI 14) of 34.86 along with Average True Range (ATR 14) of 0.18, Consequently Stein Mart Inc (NASDAQ:SMRT)’s weekly and monthly volatility is 15.12%, 9.28% respectively. The company’s beta value is at 1.11.

In terms of Buy, Sell or Hold recommendations, Stein Mart Inc (NASDAQ:SMRT) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Stein Mart Inc (NASDAQ:SMRT)’s minimum EPS for the current quarter is at $-0.18 and can go high up to $-0.17. The consensus mean EPS for the current quarter is at $-0.18 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.06 earnings per share for the same quarter during last year.

Previously Stein Mart Inc (NASDAQ:SMRT) reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $-0.07. The company posted an earnings surprise of -46.7%.

While considering growth estimates of the company, it has next quarter growth estimates of 29.2% whereas during current quarter it has -400% estimations over growth, comparing to the estimations of -2100% during current year and 100% for next year. Past 5 years growth of Stein Mart Inc (NASDAQ:SMRT) observed at -6.75%, looking forward for the next 5 years it has a strong prediction of 17% over growth.

Stein Mart Inc (NASDAQ:SMRT)’s revenue estimates for the current quarter are $304.05 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $307.2 Million in contradiction of low revenue estimates of $300.9 Million. For the current year the company’s revenue estimates are $1.34 Billion compared to low analyst estimates of $1.33 Billion and high estimates of $1.36 Billion according to 2 number of analysts.

Currently Stein Mart Inc (NASDAQ:SMRT)’s shares owned by insiders are 4.5%, whereas shares owned by institutional owners are 43.5%. However the six-month change in the insider ownership was recorded 5.44%, as well as three-month change in the institutional ownership was recorded -11.09%.

Stein Mart Inc (NASDAQ:SMRT) 52-week high price stands at $9.23 and low price stands at $1.00, its price distance from 52-week high is -83.21% while its distance from 52-week low price is 55%. The stock hit its 52-week high on 08/15/16, and 52-week low on 05/18/17.

Stein Mart Inc (NASDAQ:SMRT)’s trailing twelve month revenues are $1.34 Billion, whereas its price to sales ratio for the same period is 0.05. Its book value per share for the most recent quarter is $1.56 while its price to book ratio for the same period is 0.99, as for as the company’s cash per share for the most recent quarter is $0.35, however its price to cash per share ratio for the same period is 4.43. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

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