2024-01-27 08:04:15 ET
Summary
- Smith-Midland is a pre-cast product manufacturing company on the East Coast.
- Despite optimism around the Infrastructure Act, the company would need to quadruple its revenues to justify its current stock price.
- The company's recent revenue trends indicate inflationary accommodation of prices rather than a secular change in business.
Smith-Midland (SMID) is an East Coast company that manufactures pre-cast products, including architectural walls, noise barriers, and collision barriers....
Read the full article on Seeking Alpha
For further details see:
Smith-Midland Keeps Getting Overvalued