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) posted its earnings results on Wednesday, December, 4th. The company reported ($0.15) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.28) by $0.13. The firm had revenue of $71.50 million for the quarter, compared to analysts' expectations of $69.83 million. Smartsheet had a negative net margin of 32.50% and a negative return on equity of 22.03%. The company's quarterly revenue was up 52.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($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 earnings per share (EPS) guidance of ($0.17)-($0.16) for the period, compared to the Thomson Reuters consensus estimate of ($0.16). The company issued revenue guidance of $77-$78 million, compared to the consensus revenue estimate of $76.35 million.

14 brokerages have issued twelve-month target prices for Smartsheet's shares. Their forecasts range from $42.00 to $60.00. On average, they anticipate Smartsheet's share price to reach $51.50 in the next year. This suggests a possible upside of 6.6% 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 been trending very negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Smartsheet earned a coverage optimism score of -3.4 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. 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), Citrix Systems (CTXS), Tableau Software (DATA), Datadog (DDOG), Crowdstrike (CRWD), Tyler Technologies (TYL), TAKE-TWO INTERACTIVE SOFTWARE (TTWO) and Symantec (SYMC).

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), Paypal (PYPL), Mongodb (MDB), Zscaler (ZS) and salesforce.com (CRM).

(SMAR) raised $128 million in an initial public offering 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.

Smartsheet's stock is owned by a number of of retail and institutional 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 $48.30.

Smartsheet has a market capitalization of $5.67 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]