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Smartsheet Inc (SMAR)
NYSE:SMAR
Holding SMAR?
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SMAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.52 - $56.55
Previous Close$55.9
Volume4.12M
Average Volume (3M)3.89M
Market Cap
$7.79B
Enterprise Value$7.12B
Total Cash (Recent Filing)$706.57M
Total Debt (Recent Filing)$43.24M
Price to Earnings (P/E)―
Beta1.39
Next Earnings
Dec 05, 2024EPS Estimate
$0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.31
Shares Outstanding138,950,998
10 Day Avg. Volume3,647,695
30 Day Avg. Volume3,888,619
Standard Deviation0.12
R-Squared0.10
Alpha0.00466
Financial Highlights & Ratios
Price to Book (P/B)11.56
Price to Sales (P/S)7.45
Price to Cash Flow (P/CF)32.80
P/FCF Ratio34.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.83
Enterprise Value/Gross Profit9.23
Enterprise Value/Ebitda502.51
Forecast
1Y Price Target
$56.88Price Target Upside1.90% Upside
Rating ConsensusHold
Number of Analyst Covering18
Smartsheet News
Bulls Say, Bears Say
Bulls Say
Acquisition And ValuationThe acquisition of Smartsheet at about 6.7x NTM recurring revenue is considered reasonable, with potential for greater valuation in the future.
Generative AI And GrowthGenerative AI is a tailwind for Smartsheet, making the solutions much easier to use, and the new pricing structure will also facilitate growth.
Productivity And WorkflowProductivity gains will be enabled by workflow, particularly given the proliferation of unstructured data and the growing use of teams, automation, and independent contractors and remote workers.
Bears Say
Acquisition RiskThe main risk to investors is the failure to complete the acquisition by Blackstone and Vista Equity Partners, although this is considered very unlikely.
Competitive IndustrySmartsheet operates in a very competitive industry, and Smartsheet will not be the only beneficiary of generative AI in the category.
Customer ChurnThe ongoing macro environment is putting pressure on smaller customers, leading to an uptick in gross churn to 4.5%.
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Ownership Overview
2.87% Insiders
28.71% Mutual Funds
10.15% Other Institutional Investors
42.69% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SMAR FAQ
What was Smartsheet Inc’s price range in the past 12 months?
Smartsheet Inc lowest stock price was $35.52 and its highest was $56.55 in the past 12 months.
What is Smartsheet Inc’s market cap?
Currently, no data Available
When is Smartsheet Inc’s upcoming earnings report date?
Smartsheet Inc’s upcoming earnings report date is Dec 05, 2024 which is in 14 days.
How were Smartsheet Inc’s earnings last quarter?
Smartsheet Inc released its earnings results on Sep 05, 2024. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.294 by $0.146.
Is Smartsheet Inc overvalued?
According to Wall Street analysts Smartsheet Inc’s price is currently Undervalued.
Does Smartsheet Inc pay dividends?
Smartsheet Inc does not currently pay dividends.
What is Smartsheet Inc’s EPS estimate?
Smartsheet Inc’s EPS estimate is $0.3.
How many shares outstanding does Smartsheet Inc have?
Smartsheet Inc has 139,300,920 shares outstanding.
What happened to Smartsheet Inc’s price movement after its last earnings report?
Smartsheet Inc reported an EPS of $0.44 in its last earnings report, beating expectations of $0.294. Following the earnings report the stock price went up 5.917%.
Which hedge fund is a major shareholder of Smartsheet Inc?
Among the largest hedge funds holding Smartsheet Inc’s share is Eminence Capital LLC. It holds Smartsheet Inc’s shares valued at 187M.
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Smartsheet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$56.88 (1.90% Upside)
$56.88 (1.90% Upside)
Blogger Sentiment
Bullish
SMAR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 435.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.60%
12-Months-Change
Fundamentals
Return on Equity
-7.01%
Trailing 12-Months
Asset Growth
17.21%
Trailing 12-Months
Company Description
Smartsheet Inc
Smartsheet, Inc. engages in the design and development of cloud-based platform for work management. It offers ways for customers to plan and manage their work using grids, projects, cards, and calendars. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.
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SMAR Company Deck
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SMAR Earnings Call
Q2 2024
0:00 / 0:00
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SMAR Revenue Breakdown
93.07% Subscription
6.93% Professional services
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SMAR Stock 12 Month Forecast
Average Price Target
$56.88
▲(1.90% Upside)
Technical Analysis
Best Analysts Covering SMAR
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+22.09%
reiterated a buy rating 3 months ago
Copying Josh Baer's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +22.09% per trade.
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