NYSE:SMAR - Smartsheet Stock Price, Forecast & News

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

Smartsheet Inc (NYSE:SMAR) announced its quarterly earnings results on Wednesday, December, 4th. The company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.28) by $0.13. The business had revenue of $71.50 million for the quarter, compared to the consensus estimate of $69.83 million. Smartsheet had a negative net margin of 32.50% and a negative return on equity of 22.03%. Smartsheet's revenue for the quarter was up 52.5% on a year-over-year basis. During the same period last year, the company posted ($0.09) EPS. View Smartsheet's Earnings History.

Smartsheet is scheduled to release their next quarterly earnings announcement on Tuesday, March 17th 2020. View Earnings Estimates for Smartsheet.

Smartsheet will be holding an earnings conference call on Tuesday, March 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Smartsheet issued an update on its fourth quarter earnings guidance on Wednesday, December, 4th. The company provided EPS guidance of ($0.17)-($0.16) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.16). The company issued revenue guidance of $77-$78 million, compared to the consensus revenue estimate of $76.35 million.

14 brokers have issued 1-year price objectives for Smartsheet's shares. Their forecasts range from $42.00 to $60.00. On average, they expect Smartsheet's stock price to reach $51.50 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Smartsheet.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Smartsheet.

News coverage about SMAR stock has trended very negative on Monday, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog 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. Smartsheet earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Smartsheet.

Some companies that are related to Smartsheet include Cadence Design Systems (CDNS), Paycom Software (PAYC), Atlassian (TEAM), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA), SS&C Technologies (SSNC), Docusign (DOCU), Tableau Software (DATA), Citrix Systems (CTXS), Datadog (DDOG), Tyler Technologies (TYL), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Symantec (SYMC) and Crowdstrike (CRWD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Smartsheet investors own include NVIDIA (NVDA), Alibaba Group (BABA), Twilio (TWLO), Baidu (BIDU), Netflix (NFLX), Okta (OKTA), Mongodb (MDB), Paypal (PYPL), Shopify (SHOP) and Square (SQ).

(SMAR) raised $128 million in an initial public offering (IPO) on Friday, April 27th 2018. The company issued 11,600,000 shares at $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.

Smartsheet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital World Investors (11.56%), 12 West Capital Management LP (3.78%), Abdiel Capital Advisors LP (2.46%), First Trust Advisors LP (2.36%), Alliancebernstein L.P. (2.19%) and Tremblant Capital Group (1.24%). Company insiders that own Smartsheet stock include Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Insight Holdings Group, Llc, James N White, Jennifer Ceran, Kara Hamilton, Mark Patrick Mader, Matthew S Mcilwain, Michael Arntz, Paul Porrini and Venture Fund L P Madrona III. View Institutional Ownership Trends for Smartsheet.

SMAR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., First Trust Advisors LP, Goldman Sachs Group Inc., CI Investments Inc., Barclays PLC, AlpInvest Partners B.V., Cowbird Capital LP and Schonfeld Strategic Advisors LLC. Company insiders that have sold Smartsheet company stock in the last year include Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, Insight Holdings Group, Llc, James N White, Jennifer Ceran, Kara Hamilton, Mark Patrick Mader, Matthew S Mcilwain, Michael Arntz, Paul Porrini and Venture Fund L P Madrona III. View Insider Buying and Selling for Smartsheet.

SMAR stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, 12 West Capital Management LP, Tremblant Capital Group, Capital International Investors, Summit Trail Advisors LLC, Eaton Vance Management, CIBC Private Wealth Group LLC and New York State Common Retirement Fund. View Insider Buying and Selling for 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.

One share of SMAR stock can currently be purchased for approximately $48.75.

Smartsheet has a market capitalization of $5.73 billion and generates $177.72 million in revenue each year. The company earns $-53,880,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis. Smartsheet employs 1,101 workers across the globe.View Additional Information About Smartsheet.

The official website for Smartsheet is http://www.smartsheet.com/.

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]