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Smartsheet Inc (SMAR)
NYSE:SMAR
Smartsheet (SMAR) Stock Price & Analysis
1,434 Followers
SMAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.52 - $49.42
Previous Close$44.45
Volume809.82K
Average Volume (3M)1.45M
Market Cap
$6.15B
Enterprise Value$5.53B
Total Cash (Recent Filing)$669.52M
Total Debt (Recent Filing)$46.04M
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Sep 04, 2024EPS Estimate
$0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.62
Shares Outstanding138,341,751
10 Day Avg. Volume1,785,936
30 Day Avg. Volume1,447,788
Standard Deviation0.13
R-Squared0.09
Alpha-0.00367
Financial Highlights & Ratios
Price to Book (P/B)12.62
Price to Sales (P/S)22.46
Price to Cash Flow (P/CF)29.50
P/FCF Ratio22.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.52
Enterprise Value/Gross Profit7.16
Enterprise Value/Ebitda-175.50
Forecast
1Y Price Target
$50.92Price Target Upside14.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Smartsheet News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement beat April quarter consensus ARR estimates and raised its FY25 ARR outlook, and the guide remains conservative.
New Pricing ModelThe introduction of a new pricing structure is expected to drive a greater number of users at a lower per-user price point, which should be a tailwind to long-term growth.
Stock ValuationSMAR shares are currently trading at a discount to growth software peers but are still growing.
Bears Say
Competitive EnvironmentThere is potential risk of disruption from SMAR’s new pricing model and an intensifying enterprise collaboration software competitive environment.
PricingChanges to pricing and packaging can be disruptive to customers, and the new model creates risk to down-sell as the base comes up for renewal.
RevenueLimited revenue benefit in CY24/FY25.
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Ownership Overview
9.10% Insiders
36.43% Mutual Funds
16.15% Other Institutional Investors
38.31% 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 $49.42 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 Sep 04, 2024 which is in 49 days.
How were Smartsheet Inc’s earnings last quarter?
Smartsheet Inc released its earnings results on Jun 05, 2024. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.266 by $0.054.
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 $0.29.
How many shares outstanding does Smartsheet Inc have?
Smartsheet Inc has 138,341,750 shares outstanding.
What happened to Smartsheet Inc’s price movement after its last earnings report?
Smartsheet Inc reported an EPS of $0.32 in its last earnings report, beating expectations of $0.266. Following the earnings report the stock price went up 17.178%.
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 150M.
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Smartsheet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$50.92 (14.56% Upside)
$50.92 (14.56% Upside)
Blogger Sentiment
Bullish
SMAR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 137.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $373.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.2%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.88%
12-Months-Change
Fundamentals
Return on Equity
-14.63%
Trailing 12-Months
Asset Growth
18.54%
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
Q1 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
$50.92
▲(14.56% Upside)
Technical Analysis
Best Analysts Covering SMAR
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+28.87%
reiterated a buy rating 4 months ago
Copying Alex Zukin's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +28.87% per trade.
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