NASDAQ:SHSP SharpSpring Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SharpSpring Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.50 -0.01 (-0.10 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$9.67Now: $10.50▼$10.8350-Day Range$8.02MA: $10.06▼$11.6152-Week Range$4.50Now: $10.50▼$13.94Volume43,193 shsAverage Volume96,429 shsMarket Capitalization$121.31 millionP/E RatioN/ADividend YieldN/ABeta1.54 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The company offers SharpSpring, a marketing automation Software as Service platform that uses features, such as web tracking, lead scoring, and automated workflow; and SharpSpring Mail+ product, a subset of the full suite solution, which focuses on traditional email marketing. It also provides Perfect Audience, a cloud-based platform that offers display retargeting software products and services. The company serves various organizations, including marketing agencies and small and medium size businesses, associations, and non-profits. It markets and sells its products and services through internal sales teams and third party resellers. The company was formerly known as SMTP, Inc. and changed its name to SharpSpring, Inc. in December 2015. SharpSpring, Inc. was founded in 1998 and is headquartered in Gainesville, Florida.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingSharpSpring has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, SharpSpring has a forecasted upside of 28.6% from its current price of $10.50.Amount of Analyst CoverageSharpSpring has only been the subject of 2 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesSharpSpring has received 157 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSharpSpring has received 132 “underperform” votes. (Add your “underperform” vote.)Community SentimentSharpSpring has received 54.33% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about SharpSpring and other stocks. Vote “Outperform” if you believe SHSP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SHSP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSharpSpring does not currently pay a dividend.Dividend GrowthSharpSpring does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SharpSpring insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $484,605.00 in company stock.Percentage Held by InsidersOnly 21.18% of the stock of SharpSpring is held by insiders.Percentage Held by Institutions56.51% of the stock of SharpSpring is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SharpSpring are expected to grow in the coming year, from ($0.30) to ($0.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SharpSpring is -16.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SharpSpring is -16.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSharpSpring has a P/B Ratio of 4.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.57 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SHSP Previous Symbol CUSIPN/A CIK1506439 Webwww.sharpspring.com Phone888-428-9605Debt Debt-to-Equity Ratio0.37 Current Ratio2.46 Quick Ratio2.46Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$22.70 million Price / Sales5.34 Cash FlowN/A Price / Cash FlowN/A Book Value$2.50 per share Price / Book4.20Profitability EPS (Most Recent Fiscal Year)($1.20) Net Income$-12,390,000.00 Net Margins-27.56% Return on Equity-26.05% Return on Assets-18.31%Miscellaneous Employees231 Outstanding Shares11,553,000Market Cap$121.31 million Next Earnings Date11/5/2020 (Estimated) OptionableNot Optionable $10.50 -0.01 (-0.10 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SHSP News and Ratings via Email Sign-up to receive the latest news and ratings for SHSP and its competitors with MarketBeat's FREE daily newsletter. SharpSpring (NASDAQ:SHSP) Frequently Asked Questions How has SharpSpring's stock price been impacted by Coronavirus (COVID-19)? SharpSpring's stock was trading at $9.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SHSP stock has increased by 8.9% and is now trading at $10.50. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of SharpSpring? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SharpSpring in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SharpSpring. When is SharpSpring's next earnings date? SharpSpring is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for SharpSpring. How were SharpSpring's earnings last quarter? SharpSpring Inc (NASDAQ:SHSP) issued its earnings results on Thursday, August, 13th. The technology company reported ($0.03) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.13) by $0.10. The technology company had revenue of $7.27 million for the quarter, compared to analyst estimates of $7.18 million. SharpSpring had a negative return on equity of 26.05% and a negative net margin of 27.56%. View SharpSpring's earnings history. What guidance has SharpSpring issued on next quarter's earnings? SharpSpring updated its FY 2020 After-Hours earnings guidance on Thursday, August, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $29.5-30.5 million, compared to the consensus revenue estimate of $30.09 million. What price target have analysts set for SHSP? 3 equities research analysts have issued twelve-month price targets for SharpSpring's shares. Their forecasts range from $12.00 to $15.00. On average, they expect SharpSpring's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View analysts' price targets for SharpSpring. Are investors shorting SharpSpring? SharpSpring saw a decrease in short interest in August. As of August 31st, there was short interest totaling 296,500 shares, a decrease of 25.4% from the August 15th total of 397,600 shares. Based on an average daily trading volume, of 135,200 shares, the short-interest ratio is presently 2.2 days. Currently, 3.4% of the company's stock are short sold. View SharpSpring's Short Interest. Who are some of SharpSpring's key competitors? Some companies that are related to SharpSpring include Rand Worldwide (RWWI), American Software (AMSWA), ChannelAdvisor (ECOM), eGain (EGAN), Iclick Interactive Asia Group (ICLK), Benefitfocus (BNFT), Grid Dynamics (GDYN), Shotspotter (SSTI), Avid Technology (AVID), Intelligent Systems (INS), WiMi Hologram Cloud (WIMI), Cheetah Mobile (CMCM), Xunlei (XNET), Red Violet (RDVT) and MiX Telematics (MIXT). View all competitors. What other stocks do shareholders of SharpSpring own? Based on aggregate information from My MarketBeat watchlists, some companies that other SharpSpring investors own include WPX Energy (WPX), Micron Technology (MU), Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Walt Disney (DIS), Meet Group (MEET), InVitae (NVTA), Trade Desk (TTD) and AbbVie (ABBV). Who are SharpSpring's key executives? SharpSpring's management team includes the following people: Mr. Richard Alan Carlson, CEO, Pres & Director (Age 47, Pay $407.33k)Mr. Travis Whitton, CTO & Co-Founder (Age 40, Pay $210.97k)Mr. Michael Power, Chief Financial Officer (Age 54)Mr. Thomas Duffaut, Chief Operating OfficerMs. Kim Jamerson, VP of Marketing What is SharpSpring's stock symbol? SharpSpring trades on the NASDAQ under the ticker symbol "SHSP." Who are SharpSpring's major shareholders? SharpSpring's stock is owned by many different institutional and retail investors. Top institutional investors include AWM Investment Company Inc. (7.30%), Wasatch Advisors Inc. (4.58%), Essex Investment Management Co. LLC (0.69%), Jane Street Group LLC (0.36%), O Brien Greene & Co. Inc (0.26%) and Steward Partners Investment Advisory LLC (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. Which institutional investors are buying SharpSpring stock? SHSP stock was purchased by a variety of institutional investors in the last quarter, including AWM Investment Company Inc., Wasatch Advisors Inc., Essex Investment Management Co. LLC, Jane Street Group LLC, Brasada Capital Management LP, Orrstown Financial Services Inc., Steward Partners Investment Advisory LLC, and O Brien Greene & Co. Inc. 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. How do I buy shares of 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. What is SharpSpring's stock price today? One share of SHSP stock can currently be purchased for approximately $10.50. How big of a company is SharpSpring? SharpSpring has a market capitalization of $121.31 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 231 workers across the globe. What is SharpSpring's official website? The official website for SharpSpring is www.sharpspring.com. How can I contact SharpSpring? 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] This page was last updated on 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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