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) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.28) by $0.13. The company had revenue of $71.50 million for the quarter, compared to analysts' expectations of $69.83 million. Smartsheet had a negative return on equity of 22.03% and a negative net margin of 32.50%. The firm's quarterly revenue was up 52.5% compared to the same quarter last year. During the same period last year, the business posted ($0.09) earnings per share. 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 updated 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 estimate of ($0.16). The company issued revenue guidance of $77-$78 million, compared to the consensus revenue estimate of $76.35 million.

13 equities research analysts have issued twelve-month target prices for Smartsheet's shares. Their forecasts range from $42.00 to $60.00. On average, they expect Smartsheet's share price to reach $51.08 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for Smartsheet.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Smartsheet.

News stories about SMAR stock have been trending positive on Friday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Smartsheet earned a news impact score of 2.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Smartsheet.

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

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

(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 investors include Perkins Coie Trust Co (0.01%) and Alpine Global Management LLC (0.01%). 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 Perkins Coie Trust Co. 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 Alpine Global Management LLC. 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 $45.45.

Smartsheet has a market capitalization of $5.34 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]