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SmartRent (SMRT)
NYSE:SMRT
Holding SMRT?
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SMRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.35 - $3.47
Previous Close$1.7
Volume660.50K
Average Volume (3M)1.77M
Market Cap
$344.07M
Enterprise Value$156.63M
Total Cash (Recent Filing)$187.44M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.32
Next Earnings
Nov 06, 2024EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.12
Shares Outstanding202,393,507
10 Day Avg. Volume854,555
30 Day Avg. Volume1,767,408
Standard Deviation0.17
R-Squared0.33
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)1.04
Price to Sales (P/S)1.58
Price to Cash Flow (P/CF)-6.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit3.16
Enterprise Value/Ebitda-5.87
Forecast
1Y Price Target
$2.67Price Target Upside57.06% Upside
Rating ConsensusHold
Number of Analyst Covering5
SmartRent News
PremiumCompany Announcements
SmartRent’s Q3 2024 Earnings and Strategic Focus
PremiumCompany Announcements
SmartRent Reports Q3 Revenue Shift and Leadership Change
Bulls Say, Bears Say
Bulls Say
Customer Base And Financial StrengthThe company has a blue-chip REIT customer list, effectively zero customer churn to-date with its core IoT offering, interesting adjacent growth opportunities, and a strong balance sheet with $205M in cash and zero debt.
Financial PerformanceContinued cost controls and an expansion in gross margin resulted in positive Adjusted EBITDA for the third consecutive quarter.
Market LeadershipSMRT is the clear leader in a compelling growing category with multiple secular growth drivers.
Bears Say
Financial PerformanceQuarterly revenue totaled $48.5 million, marking a 9% decrease from the previous year, driven by fewer units shipped and new units deployed.
Guidance WithdrawalSMRT is withdrawing its previously provided full-year 2024 guidance due to the leadership change, a 'scaling back of SmartRent's channel partner program' and 'increasing market headwinds'.
Leadership ChangeThe company is in flux as they search for a new CEO.
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Ownership Overview
6.32% Insiders
16.00% Mutual Funds
0.09% Other Institutional Investors
64.85% 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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SMRT FAQ
What was SmartRent’s price range in the past 12 months?
SmartRent lowest stock price was $1.35 and its highest was $3.47 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 Nov 06, 2024 which is 4 days ago.
How were SmartRent’s earnings last quarter?
SmartRent released its earnings results on Aug 07, 2024. The company reported -$0.02 earnings per share for the quarter, missing the consensus estimate of -$0.014 by -$0.006.
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 202,393,510 shares outstanding.
What happened to SmartRent’s price movement after its last earnings report?
SmartRent reported an EPS of -$0.02 in its last earnings report, missing expectations of -$0.014. Following the earnings report the stock price went down -5.455%.
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 21M.
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SmartRent Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$2.67 (57.06% Upside)
$2.67 (57.06% Upside)
Blogger Sentiment
Bullish
SMRT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 4.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $272.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 5.4%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.75%
12-Months-Change
Fundamentals
Return on Equity
-6.89%
Trailing 12-Months
Asset Growth
-8.85%
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
Q2 2024
0:00 / 0:00
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SMRT Stock 12 Month Forecast
Average Price Target
$2.67
▲(57.06% Upside)
Technical Analysis
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