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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$1.77
Volume3.33M
Average Volume (3M)1.76M
Market Cap
$358.24M
Enterprise Value$170.80M
Total Cash (Recent Filing)$187.44M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.39
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. Volume2,632,801
30 Day Avg. Volume1,758,789
Standard Deviation0.18
R-Squared0.32
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)1.09
Price to Sales (P/S)1.62
Price to Cash Flow (P/CF)-6.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.79
Enterprise Value/Gross Profit0.72
Enterprise Value/Ebitda-6.40
Forecast
1Y Price Target
$2.67Price Target Upside52.57% Upside
Rating ConsensusHold
Number of Analyst Covering5
SmartRent News
PremiumCompany Announcements
SmartRent Enhances Investor Relations with Transparency Updates
Bulls Say, Bears Say
Bulls Say
Customer StabilityThe 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.
Revenue GrowthSaaS revenue grew by 32% year-over-year to $12.8 million.
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.
Leadership ChangesThe company is in flux as they search for a new CEO.
Market GuidanceSMRT 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'.
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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 $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 in 46 days.
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
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Analyst Consensus
Hold
Average Price Target:
$2.67 (52.57% Upside)
$2.67 (52.57% Upside)
Blogger Sentiment
Bullish
SMRT Sentiment 100%
Sector Average 65%
Sector Average 65%
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 ▼ 5.2%
Last 30 Days ▼ 8.3%
Last 30 Days ▼ 8.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.45%
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
▲(52.57% Upside)
Technical Analysis
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