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NYSE:SMAR

Smartsheet Stock Forecast, Price & News

$45.70
+1.31 (+2.95 %)
(As of 09/18/2020 09:39 PM ET)
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Today's Range
$43.64
Now: $45.70
$45.92
50-Day Range
$41.04
MA: $47.65
$59.64
52-Week Range
$30.91
Now: $45.70
$60.80
Volume3.23 million shs
Average Volume1.82 million shs
Market Capitalization$5.51 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.5
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.73 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone844-324-2360

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$270.88 million
Book Value$4.35 per share

Profitability

Net Income$-95,940,000.00

Miscellaneous

Employees1,588
Market Cap$5.51 billion
Next Earnings Date12/2/2020 (Estimated)
OptionableNot Optionable
$45.70
+1.31 (+2.95 %)
(As of 09/18/2020 09:39 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Smartsheet (NYSE:SMAR) Frequently Asked Questions

How has Smartsheet's stock price been impacted by Coronavirus?

Smartsheet's stock was trading at $38.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SMAR stock has increased by 19.0% and is now trading at $45.70.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Smartsheet?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Smartsheet
.

When is Smartsheet's next earnings date?

Smartsheet is scheduled to release its next quarterly earnings announcement on Wednesday, December 2nd 2020.
View our earnings forecast for Smartsheet
.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) issued its quarterly earnings results on Wednesday, September, 2nd. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.16) by $0.10. The company earned $91.22 million during the quarter, compared to analysts' expectations of $86.53 million. Smartsheet had a negative return on equity of 20.90% and a negative net margin of 34.08%. The business's revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.08) EPS.
View Smartsheet's earnings history
.

What guidance has Smartsheet issued on next quarter's earnings?

Smartsheet issued an update on its FY21 earnings guidance on Wednesday, September, 2nd. The company provided earnings per share (EPS) guidance of $(0.54)-(0.49) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.50). The company issued revenue guidance of $367-373 million, compared to the consensus revenue estimate of $364.66 million.

What price target have analysts set for SMAR?

15 equities research analysts have issued twelve-month price targets for Smartsheet's shares. Their forecasts range from $45.00 to $68.00. On average, they expect Smartsheet's share price to reach $58.31 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts' price targets for Smartsheet
.

Who are some of Smartsheet's key competitors?

What other stocks do shareholders of Smartsheet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Smartsheet investors own include NVIDIA (NVDA), Docusign (DOCU), Twilio (TWLO), Okta (OKTA), Alibaba Group (BABA), Square (SQ), Trade Desk (TTD), Shopify (SHOP), salesforce.com (CRM) and Zscaler (ZS).

Who are Smartsheet's key executives?

Smartsheet's management team includes the following people:
  • Mark Mader, Chief Executive Officer & President
  • Mike Arntz, Chief Revenue Officer & EVP of Worldwide Field Operations
  • Jenny Ceran, Chief Financial Officer & Treasurer
  • Gene Farrell, Chief Product Officer
  • Paul Porrini, Chief Legal Officer & General Counsel
  • Kara Hamilton, Chief People & Culture Officer
  • Praerit Garg, Chief Technology Officer & EVP of Engineering

When did Smartsheet IPO?

(SMAR) raised $128 million in an initial public offering (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 acted as the underwriters for the IPO and Canaccord Genuity, William Blair and SunTrust Robinson Humphrey were co-managers.

What is Smartsheet's stock symbol?

Smartsheet trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMAR."

Who are Smartsheet's major shareholders?

Smartsheet's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.11%), Coatue Management LLC (4.19%), First Trust Advisors LP (2.97%), TimesSquare Capital Management LLC (0.81%), New York State Common Retirement Fund (0.79%) and FMR LLC (0.65%). Company insiders that own Smartsheet stock include Anna Griffin, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Insight Holdings Group, Llc, James N White, Jennifer Ceran, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Michael Arntz, Paul Porrini and Venture Fund L P Madrona III.
View institutional ownership trends for Smartsheet
.

Which major investors are selling Smartsheet stock?

SMAR stock was sold by a variety of institutional investors in the last quarter, including Coatue Management LLC, Point72 Asset Management L.P., Goldman Sachs Group Inc., black and white Capital LP, Two Sigma Advisers LP, Cpwm LLC, Advisor Group Holdings Inc., and AQR Capital Management LLC. Company insiders that have sold Smartsheet company stock in the last year include Anna Griffin, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Jennifer Ceran, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Michael Arntz, and Paul Porrini.
View insider buying and selling activity for Smartsheet
.

Which major investors are buying Smartsheet stock?

SMAR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., First Trust Advisors LP, New York State Common Retirement Fund, CIBC Private Wealth Group LLC, Kerrisdale Advisers LLC, Man Group plc, and Bank of New York Mellon Corp.
View insider buying and selling activity for Smartsheet
.

How do I buy shares of Smartsheet?

Shares of SMAR 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 Smartsheet's stock price today?

One share of SMAR stock can currently be purchased for approximately $45.70.

How big of a company is Smartsheet?

Smartsheet has a market capitalization of $5.51 billion and generates $270.88 million in revenue each year. The company earns $-95,940,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis. Smartsheet employs 1,588 workers across the globe.

What is Smartsheet's official website?

The official website for Smartsheet is www.smartsheet.com.

How can I contact Smartsheet?

Smartsheet's mailing address is 10500 NE 8TH STREET SUITE 1300, BELLEVUE WA, 98004. The company can be reached via phone at 844-324-2360 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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