Smartsheet (SMAR) Stock Price, News & Analysis

Company Overview

Smartsheet, Inc. engages in managing and automating collaborative work. Its platform provides solutions that eliminate the obstacles to capturing information, including a familiar and intuitive spreadsheet interface as well as easily customizable forms. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason and Brent R. Frei in June 2005 and is headquartered in Bellevue, WA.

Key Stats

• Today's Range: $56.47 to $56.47
• 50-Day Range: $56.47 to $56.47
• 52-Week Range: $44.00 to $56.55
• Volume: N/A
• Average Volume: 3.33 million shs
• Market Capitalization: $7.91 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $56.58
• Consensus Rating: Hold

Smartsheet Stock Analysis - MarketRank™

Smartsheet scored higher than 18% of companies evaluated by MarketBeat, and ranked 610th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Smartsheet has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 16 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Smartsheet is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Smartsheet has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 550.00%

Earnings Growth

Earnings for Smartsheet are expected to grow by 550.00% in the coming year, from $0.02 to $0.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Smartsheet is -941.17, 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. Sector

The P/E ratio of Smartsheet is -941.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Smartsheet has a PEG Ratio of 82.90. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Smartsheet has a P/B Ratio of 12.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SMAR.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Smartsheet does not currently pay a dividend.

Dividend Growth

Smartsheet does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.46

Short Interest

There is no current short interest data available for SMAR.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Smartsheet this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Smartsheet insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.52% of the stock of Smartsheet is held by insiders.

Percentage Held by Institutions

90.01% of the stock of Smartsheet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SMAR Stock Analysis - Frequently Asked Questions

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) released its quarterly earnings results on Thursday, September, 5th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.29 by $0.15. The firm's revenue was up 17.3% compared to the same quarter last year.
Read the conference call transcript.

Is Smartsheet buying back stock?

Smartsheet's Board of Directors initiated a share buyback program on Thursday, September 5th 2024, which allows the company to repurchase $150,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 2.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

When did Smartsheet IPO?

Smartsheet (SMAR) raised $128 million in an IPO on Friday, April 27th 2018. The company issued 11,600,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, J.P. Morgan, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Canaccord Genuity, William Blair and SunTrust Robinson Humphrey were co-managers.

What other stocks do shareholders of Smartsheet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Smartsheet investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), Alphabet (GOOG) and PayPal (PYPL).

Company Calendar

• Last Earnings: 9/05/2024
• Today: 9/11/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:SMAR
• CIK: 1366561
• Web: www.smartsheet.com
• Phone: 844-324-2360
• Fax: N/A
• Employees: 3,330
• Year Founded: 2005

Price Target and Rating

• Average Price Target for Smartsheet: $56.58
• High Price Target: $57.00
• Low Price Target: $56.50
• Potential Upside/Downside: +0.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 2,823.50
• P/E Growth: 82.9
• Net Income: -$104.63 million
• Net Margins: -0.80%
• Pretax Margin: -0.71%
• Return on Equity: 2.33%
• Return on Assets: 1.12%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.51
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $958.34 million
• Price / Sales: 8.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.43 per share
• Price / Book: 12.75

Miscellaneous

• Outstanding Shares: 140,000,000
• Free Float: 133,674,000
• Market Cap: $7.91 billion
• Optionable: Optionable
• Beta: 0.71