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Smartsheet Inc (SMAR)
NYSE:SMAR
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SMAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$35.52 - $54.50
Previous Close$52.69
Volume2.56M
Average Volume (3M)1.41M
Market Cap
$7.32B
Enterprise Value$6.66B
Total Cash (Recent Filing)$706.57M
Total Debt (Recent Filing)$43.24M
Price to Earnings (P/E)―
Beta1.61
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. Volume2,714,337
30 Day Avg. Volume1,408,603
Standard Deviation0.13
R-Squared0.09
Alpha-0.00089
Financial Highlights & Ratios
Price to Book (P/B)10.72
Price to Sales (P/S)7.02
Price to Cash Flow (P/CF)30.70
P/FCF Ratio31.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.39
Enterprise Value/Gross Profit8.63
Enterprise Value/Ebitda469.67
Forecast
1Y Price Target
$57.86Price Target Upside11.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Smartsheet News
PremiumMarket News
Top Stock Gainers: X, SMAR, and More
Bulls Say, Bears Say
Bulls Say
Enterprise GrowthManagement highlighted continued large deal strength in the enterprise, calling out its largest quarterly expansion in company history, and the firm now has 77 customers spending more than $1M/year, up ~50% from a year ago.
Financial PerformanceSmartsheet reported solid second-quarter results that outperformed consensus estimates on all key metrics.
Product AdoptionThe company saw a near 50% increase in adoption for its GenAI solutions during the quarter and estimates that over 47,000 users have saved 1 million hours by using its AI-based automations.
Bears Say
Customer ChurnThe ongoing macro environment is putting pressure on smaller customers, leading to an uptick in gross churn to 4.5%.
Management ChallengesManagement called out ongoing SMB challenges, which we expect to continue.
Pricing MiscommunicationSmartsheet did not properly notify partners and customers of the pricing adjustments, as it was a surprise to many.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $54.50 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 77 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 138,951,000 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
Strong Buy
Average Price Target:
$57.86 (11.76% Upside)
$57.86 (11.76% Upside)
Blogger Sentiment
Bullish
SMAR Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 435.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $189.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 10.0%
Last 30 Days ▲ 10.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.39%
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
$57.86
▲(11.76% Upside)
Technical Analysis
Best Analysts Covering SMAR
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+32.26%
reiterated a buy rating 6 months ago
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