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SmartRent (SMRT)
NYSE:SMRT
SmartRent (SMRT) Stock Price & Analysis
94 Followers
SMRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.20 - $4.12
Previous Close$2.37
Volume698.88K
Average Volume (3M)1.33M
Market Cap
$478.33M
Enterprise Value$263.12M
Total Cash (Recent Filing)$215.21M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.17
Next Earnings
Aug 07, 2024EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding201,828,020
10 Day Avg. Volume1,340,723
30 Day Avg. Volume1,327,530
Standard Deviation0.18
R-Squared0.34
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)2.47
Price to Sales (P/S)2.00
Price to Cash Flow (P/CF)16.10
P/FCF Ratio12.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.11
Enterprise Value/Gross Profit1.11
Enterprise Value/Ebitda-9.79
Forecast
1Y Price Target
$3.80Price Target Upside60.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
SmartRent News
PremiumCompany Announcements
SmartRent Announces Board Changes and Strategic Appointments
PremiumCompany Announcements
SmartRent Shareholders Back Governance and Incentive Plan
PremiumCompany Announcements
SmartRent Enhances Transparency with Investor ResourcesBulls Say, Bears Say
Bulls Say
Customer RetentionSMRT still has zero churn, meaning customers that are still facing a pinch remain committed to SMRT’s platform.
Financial PerformanceContinued cost controls and an expansion in gross margin resulted in positive Adjusted EBITDA for the second consecutive quarter.
Market PenetrationSmartRent's long-term opportunity remains robust, with only 750k of 44m available rental units in the US deployed with SMRT's technology.
Bears Say
Customer RevenueCustomers face flat to declining revenue, making longer-tailed investments into smart home technology a tougher selling point for new customers.
Investment ChallengesLonger-tailed investments into smart home technology are a tougher selling point for new customers.
Macro EnvironmentMacro remains challenging.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SMRT FAQ
What was SmartRent’s price range in the past 12 months?
SmartRent lowest stock price was $2.20 and its highest was $4.12 in the past 12 months.
What is SmartRent’s market cap?
Currently, no data Available
When is SmartRent’s upcoming earnings report date?
SmartRent’s upcoming earnings report date is Aug 07, 2024 which is in 35 days.
How were SmartRent’s earnings last quarter?
SmartRent released its earnings results on May 08, 2024. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of -$0.012 by -$0.028.
Is SmartRent overvalued?
According to Wall Street analysts SmartRent’s price is currently Undervalued.
Does SmartRent pay dividends?
SmartRent does not currently pay dividends.
What is SmartRent’s EPS estimate?
SmartRent’s EPS estimate is -$0.02.
How many shares outstanding does SmartRent have?
SmartRent has 201,828,020 shares outstanding.
What happened to SmartRent’s price movement after its last earnings report?
SmartRent reported an EPS of -$0.04 in its last earnings report, missing expectations of -$0.012. Following the earnings report the stock price went down -6.098%.
Which hedge fund is a major shareholder of SmartRent?
Among the largest hedge funds holding SmartRent’s share is Vulcan Value Partners, Llc. It holds SmartRent’s shares valued at 26M.
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SmartRent Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$3.80 (60.34% Upside)
$3.80 (60.34% Upside)
Blogger Sentiment
Bullish
SMRT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 707.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.12%
12-Months-Change
Fundamentals
Return on Equity
-8.45%
Trailing 12-Months
Asset Growth
-9.49%
Trailing 12-Months
Company Description
SmartRent
Fifth Wall Acquisition Corp I is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
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SMRT Company Deck
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SMRT Earnings Call
Q1 2024
0:00 / 0:00
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SMRT Stock 12 Month Forecast
Average Price Target
$3.80
▲(60.34% Upside)
Technical Analysis
Best Analysts Covering SMRT
1 Year
1 Year Success Rate
3/13 ratings generated profit
1 Year Average Return
-22.18%
reiterated a buy rating 2 months ago
Copying Barry Oxford's trades and holding each position for 1 Year would result in 23.08% of your transactions generating a profit, with an average return of -22.18% per trade.
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