NYSE:SMARSmartsheet Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Smartsheet Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $45.54 -1.80 (-3.80 %) (As of 08/6/2020 12:20 PM ET) Add Compare Share Today's Range$45.30Now: $45.54▼$47.5550-Day Range$45.52MA: $49.74▼$53.9752-Week Range$30.91Now: $45.54▼$60.45Volume35,741 shsAverage Volume1.51 million shsMarket Capitalization$5.45 billionP/E RatioN/ADividend YieldN/ABeta1.49 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingSmartsheet has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.00, Smartsheet has a potential upside of 14.5% from its current price of $46.29.Amount of Analyst CoverageSmartsheet has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesSmartsheet has received 298 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSmartsheet has received 252 “underperform” votes. (Add your “underperform” vote.)Community SentimentSmartsheet has received 54.18% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Smartsheet and other stocks. Vote “Outperform” if you believe SMAR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SMAR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSmartsheet does not currently pay a dividend.Dividend GrowthSmartsheet does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Smartsheet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,472,068.00 in company stock.Percentage Held by InsidersOnly 10.20% of the stock of Smartsheet is held by insiders.Percentage Held by Institutions88.65% of the stock of Smartsheet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Smartsheet are expected to decrease in the coming year, from ($1.14) to ($1.15) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Smartsheet is -52.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Smartsheet is -52.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSmartsheet has a P/B Ratio of 10.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.40 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:SMAR Previous Symbol CUSIPN/A CIK1366561 Webwww.smartsheet.com Phone844-324-2360Debt Debt-to-Equity Ratio0.11 Current Ratio2.85 Quick Ratio2.85Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$270.88 million Price / Sales20.13 Cash FlowN/A Price / Cash FlowN/A Book Value$4.35 per share Price / Book10.47Profitability EPS (Most Recent Fiscal Year)($0.82) Net Income$-95,940,000.00 Net Margins-34.62% Return on Equity-19.19% Return on Assets-12.87%Miscellaneous Employees1,588 Outstanding Shares119,750,000Market Cap$5.45 billion Next Earnings Date9/2/2020 (Estimated) OptionableNot Optionable $45.54 -1.80 (-3.80 %) (As of 08/6/2020 12:20 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive SMAR News and Ratings via Email Sign-up to receive the latest news and ratings for SMAR and its competitors with MarketBeat's FREE daily newsletter. 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. Since then, SMAR shares have increased by 18.3% and is now trading at $45.43. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Smartsheet? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 6 hold ratings and 10 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) issued its earnings results on Wednesday, June, 3rd. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.19) by $0.08. The business earned $85.50 million during the quarter, compared to the consensus estimate of $81.40 million. Smartsheet had a negative net margin of 34.62% and a negative return on equity of 19.19%. The firm's revenue was up 52.1% compared to the same quarter last year. During the same quarter last year, the business posted ($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? 16 brokerages have issued 1-year price targets for Smartsheet's shares. Their forecasts range from $45.00 to $67.00. On average, they expect Smartsheet's stock price to reach $53.00 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View analysts' price targets for Smartsheet. Has Smartsheet been receiving favorable news coverage? Press coverage about SMAR stock has trended negative on Thursday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. 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 daily sentiment score of -2.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Smartsheet. Who are some of Smartsheet's key competitors? Some companies that are related to Smartsheet include Atlassian (TEAM), Coupa Software (COUP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP), Citrix Systems (CTXS), Paycom Software (PAYC), SS&C Technologies (SSNC), Tyler Technologies (TYL), Tableau Software (DATA), Nice (NICE), Symantec (SYMC), NortonLifeLock (NLOK), Cloudflare (NET), Mongodb (MDB) and Dynatrace (DT). View all 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 & PresidentMike Arntz, Chief Revenue Officer & EVP of Worldwide Field OperationsJenny Ceran, Chief Financial Officer & TreasurerGene Farrell, Chief Product OfficerPaul Porrini, Chief Legal Officer & General CounselKara Hamilton, Chief People & Culture OfficerPraerit Garg, Chief Technology Officer & EVP of Engineering When did Smartsheet IPO? (SMAR) raised $128 million in an 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. 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 retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (2.97%), Glynn Capital Management LLC (0.44%), Swiss National Bank (0.20%), Clarius Group LLC (0.18%), UBS Group AG (0.07%) and Vident Investment Advisory LLC (0.06%). 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 institutional investors are selling Smartsheet stock? SMAR stock was sold by a variety of institutional investors in the last quarter, including Glynn Capital Management LLC, Clarius Group LLC, SG Americas Securities LLC, Great Valley Advisor Group Inc., Perkins Coie Trust Co, Hodges Capital Management Inc., and Creative Planning. 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 institutional investors are buying Smartsheet stock? SMAR stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, UBS Group AG, Swiss National Bank, Vident Investment Advisory LLC, Vident Investment Advisory LLC, Granite Investment Partners LLC, Highland Capital Management LLC, and Raymond James & Associates. 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 $45.43. How big of a company is Smartsheet? Smartsheet has a market capitalization of $5.44 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 8/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. 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