NASDAQ:SHSP - SharpSpring Stock Price, Forecast & News

SharpSpring's stock was trading at $9.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHSP shares have decreased by 35.3% and is now trading at $6.24. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SharpSpring in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SharpSpring.

SharpSpring is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for SharpSpring.

SharpSpring Inc (NASDAQ:SHSP) issued its quarterly earnings data on Thursday, March, 12th. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.18) by $0.01. The technology company earned $6.13 million during the quarter, compared to the consensus estimate of $6.01 million. SharpSpring had a negative net margin of 54.58% and a negative return on equity of 39.35%. View SharpSpring's earnings history.

SharpSpring issued an update on its FY 2020 After-Hours earnings guidance on Thursday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $30-31 million, compared to the consensus revenue estimate of $29.73 million.

5 brokers have issued 12-month price targets for SharpSpring's stock. Their forecasts range from $13.00 to $21.00. On average, they anticipate SharpSpring's share price to reach $16.83 in the next twelve months. This suggests a possible upside of 169.8% from the stock's current price. View analysts' price targets for SharpSpring.

News stories about SHSP stock have trended negative on Monday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SharpSpring earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutSharpSpring.

SharpSpring saw a increase in short interest in March. As of March 13th, there was short interest totaling 762,900 shares, an increase of 5.3% from the February 27th total of 724,700 shares. Based on an average trading volume of 47,600 shares, the days-to-cover ratio is currently 16.0 days. Approximately 8.1% of the company's stock are short sold. View SharpSpring's Current Options Chain.

Some companies that are related to SharpSpring include Iclick Interactive Asia Group (ICLK), eGain (EGAN), Xunlei (XNET), Red Violet (RDVT), MiX Telematics (MIXT), ChannelAdvisor (ECOM), Smith Micro Software (SMSI), DIRTT Environmental (DRTT), Inspired Entertainment (INSE), Medical Transcription Billing (MTBC), Aware (AWRE), Great Elm Capital Group (GEC), Where Food Comes From (WFCF), Cyren (CYRN) and Astea International (ATEA).

Based on aggregate information from My MarketBeat watchlists, some companies that other SharpSpring investors own include WPX Energy (WPX), Meet Group (MEET), Enterprise Products Partners (EPD), AbbVie (ABBV), Inovio Pharmaceuticals (INO), Micron Technology (MU), Cisco Systems (CSCO), Compass Diversified (CODI), Prospect Capital (PSEC) and Energy Transfer LP Unit (ET).

SharpSpring trades on the NASDAQ under the ticker symbol "SHSP."

SharpSpring's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Manatuck Hill Partners LLC (1.72%), State Street Corp (1.45%), Royce & Associates LP (1.13%), Geode Capital Management LLC (1.01%), Brasada Capital Management LP (0.63%) and Bank of New York Mellon Corp (0.25%). Company insiders that own SharpSpring stock include Cat Rock Capital Management Lp, Daniel Allen, David A Buckel, Edward Seymour Lawton, North Peak Capital Management,, Richard Alan Carlson and Travis Whitton. View institutional ownership trends for SharpSpring.

SHSP stock was sold by a variety of institutional investors in the last quarter, including Granite Investment Partners LLC, Manatuck Hill Partners LLC, Brasada Capital Management LP, AQR Capital Management LLC, and Bank of America Corp DE. Company insiders that have sold SharpSpring company stock in the last year include Cat Rock Capital Management Lp, Daniel Allen, North Peak Capital Management,, Richard Alan Carlson, and Travis Whitton. View insider buying and selling activity for SharpSpring.

SHSP stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Geode Capital Management LLC, Barclays PLC, UBS Group AG, State Street Corp, Steward Partners Investment Advisory LLC, and Bank of New York Mellon Corp. Company insiders that have bought SharpSpring stock in the last two years include Cat Rock Capital Management Lp, and David A Buckel. View insider buying and selling activity for SharpSpring.

Shares of SHSP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SHSP stock can currently be purchased for approximately $6.24.

SharpSpring has a market capitalization of $71.89 million and generates $22.70 million in revenue each year. The technology company earns $-12,390,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis. SharpSpring employs 187 workers across the globe. View additional information about SharpSpring.

The official website for SharpSpring is http://www.sharpspring.com/.

SharpSpring's mailing address is 5001 CELEBRATION POINTE AVENUE SUITE 410, GAINESVILLE FL, 32608. The technology company can be reached via phone at 888-428-9605 or via email at [email protected]