Smartsheet (SMAR) Competitors

$38.84
-0.04 (-0.10%)
(As of 04:28 PM ET)

SMAR vs. FRSH, TENB, VRNS, SQSP, VERX, CVLT, ZI, QLYS, WK, and FROG

Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Freshworks (FRSH), Tenable (TENB), Varonis Systems (VRNS), Squarespace (SQSP), Vertex (VERX), Commvault Systems (CVLT), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), and JFrog (FROG). These companies are all part of the "prepackaged software" industry.

Smartsheet vs.

Freshworks (NASDAQ:FRSH) and Smartsheet (NYSE:SMAR) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, analyst recommendations, risk, profitability, valuation, earnings, community ranking and dividends.

Freshworks has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, Smartsheet has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500.

Smartsheet received 341 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 39.25% of users gave Freshworks an outperform vote.

CompanyUnderperformOutperform
FreshworksOutperform Votes
42
39.25%
Underperform Votes
65
60.75%
SmartsheetOutperform Votes
383
65.47%
Underperform Votes
202
34.53%

Freshworks currently has a consensus price target of $22.59, suggesting a potential upside of 61.11%. Smartsheet has a consensus price target of $49.75, suggesting a potential upside of 27.11%. Given Smartsheet's higher probable upside, equities research analysts plainly believe Freshworks is more favorable than Smartsheet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Freshworks
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.59
Smartsheet
1 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.69

Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Freshworks$596.43M6.99-$137.44M-$0.40-34.97
Smartsheet$958.34M5.63-$104.63M-$0.79-49.66

Smartsheet has a net margin of -10.92% compared to Smartsheet's net margin of -18.93%. Smartsheet's return on equity of -10.66% beat Freshworks' return on equity.

Company Net Margins Return on Equity Return on Assets
Freshworks-18.93% -10.66% -7.92%
Smartsheet -10.92%-16.57%-7.60%

75.6% of Freshworks shares are held by institutional investors. Comparatively, 90.0% of Smartsheet shares are held by institutional investors. 19.2% of Freshworks shares are held by insiders. Comparatively, 4.7% of Smartsheet shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Freshworks had 30 more articles in the media than Smartsheet. MarketBeat recorded 36 mentions for Freshworks and 6 mentions for Smartsheet. Freshworks' average media sentiment score of 1.18 beat Smartsheet's score of 0.05 indicating that Smartsheet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Freshworks
9 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
9 Negative mention(s)
0 Very Negative mention(s)
Neutral
Smartsheet
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Smartsheet beats Freshworks on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SMAR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SMAR vs. The Competition

MetricSmartsheetPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$5.39B$21.27B$19.78B$17.76B
Dividend YieldN/A2.05%2.75%3.52%
P/E Ratio-49.6688.76267.0624.88
Price / Sales5.639.32539.2610.85
Price / CashN/A67.2328.4515.59
Price / Book8.869.616.805.08
Net Income-$104.63M$368.27M$630.86M$967.52M
7 Day Performance2.24%0.82%1.28%2.20%
1 Month Performance-1.02%-2.86%-0.88%-0.92%
1 Year Performance-4.04%18.28%29.89%102.50%

Smartsheet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FRSH
Freshworks
3.1603 of 5 stars
$17.85
-3.1%
$25.29
+41.7%
+2.5%$5.32B$596.43M-37.984,900Analyst Forecast
TENB
Tenable
4.4775 of 5 stars
$44.97
-1.5%
$57.20
+27.2%
+22.5%$5.34B$798.71M-66.131,999Analyst Revision
VRNS
Varonis Systems
2.5502 of 5 stars
$43.75
-2.5%
$48.81
+11.6%
+96.8%$4.88B$499.16M-47.552,233Analyst Forecast
Analyst Revision
News Coverage
SQSP
Squarespace
2.4716 of 5 stars
$34.84
-2.0%
$38.54
+10.6%
+36.6%$4.76B$1.01B-696.801,749Analyst Forecast
News Coverage
VERX
Vertex
3.5399 of 5 stars
$29.13
-0.3%
$35.67
+22.4%
+45.7%$4.50B$572.39M-291.301,500Analyst Forecast
News Coverage
CVLT
Commvault Systems
2.4144 of 5 stars
$102.47
+3.1%
$85.60
-16.5%
+77.0%$4.49B$784.59M-3,414.532,779Gap Up
High Trading Volume
ZI
ZoomInfo Technologies
4.1735 of 5 stars
$15.86
-3.5%
$21.43
+35.1%
-42.5%$6.02B$1.24B58.743,516Analyst Forecast
Options Volume
News Coverage
QLYS
Qualys
0.9858 of 5 stars
$163.91
-2.6%
$154.57
-5.7%
+29.9%$6.06B$554.46M40.572,188Analyst Forecast
Insider Selling
News Coverage
WK
Workiva
3.8463 of 5 stars
$78.80
-2.9%
$111.63
+41.7%
-9.2%$4.31B$630.04M-33.252,526
FROG
JFrog
1.0186 of 5 stars
$39.88
-2.6%
$43.46
+9.0%
+89.8%$4.06B$349.89M-66.471,400

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This page (NYSE:SMAR) was last updated on 5/9/2024 by MarketBeat.com Staff

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