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NYSE:SMARSmartsheet Stock Price, Forecast & News

$52.70
-1.16 (-2.15 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$52.60
Now: $52.70
$54.70
50-Day Range
$44.54
MA: $51.90
$59.32
52-Week Range
$30.91
Now: $52.70
$60.45
Volume1.63 million shs
Average Volume2.63 million shs
Market Capitalization$6.31 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.6
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: 2.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.33 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$4.26 per share

Profitability

Net Income$-95,940,000.00

Miscellaneous

Employees1,588
Market Cap$6.31 billion
Next Earnings Date9/2/2020 (Estimated)
OptionableNot Optionable

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Smartsheet (NYSE:SMAR) Frequently Asked Questions

How has Smartsheet's stock been impacted by COVID-19 (Coronavirus)?

Smartsheet's stock was trading at $38.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SMAR shares have increased by 37.2% and is now trading at $52.70. View which stocks have been most impacted by Coronavirus.

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, September 2nd 2020. View our earnings forecast for Smartsheet.

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) released its quarterly earnings data on Wednesday, June, 3rd. The company reported ($0.11) EPS for the quarter, beating the Zacks' consensus estimate of ($0.19) by $0.08. The company had revenue of $85.50 million for the quarter, compared to analyst estimates of $81.40 million. Smartsheet had a negative return on equity of 19.19% and a negative net margin of 34.62%. The company's quarterly revenue was up 52.1% on a year-over-year basis. During the same quarter last year, the business earned ($0.12) earnings per share. View Smartsheet's earnings history.

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

Smartsheet updated its FY21 earnings guidance on Wednesday, June, 3rd. The company provided earnings per share (EPS) guidance of ($0.54)-($0.45) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.56). The company issued revenue guidance of $360-$370 million, compared to the consensus revenue estimate of $371.51 million.

What price target have analysts set for SMAR?

15 analysts have issued twelve-month price targets for Smartsheet's shares. Their forecasts range from $45.00 to $67.00. On average, they anticipate Smartsheet's stock price to reach $52.20 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View analysts' price targets for Smartsheet.

Has Smartsheet been receiving favorable news coverage?

News articles about SMAR stock have been trending negative this week, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Smartsheet earned a news impact score of -2.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days. View the latest news about 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), Alibaba Group (BABA), Twilio (TWLO), Shopify (SHOP), Trade Desk (TTD), Okta (OKTA), Netflix (NFLX), Square (SQ), Docusign (DOCU) and Mongodb (MDB).

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 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 is Smartsheet's stock symbol?

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

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 $52.70.

How big of a company is Smartsheet?

Smartsheet has a market capitalization of $6.31 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 7/5/2020 by MarketBeat.com Staff

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