NYSE:SMAR - Smartsheet Stock Price, News & Analysis

$40.13
-1.27 (-3.07 %)
(As of 09/15/2019 12:18 PM ET)
Today's Range
$39.63
Now: $40.13
$41.32
50-Day Range
$37.85
MA: $48.24
$55.26
52-Week Range
$20.34
Now: $40.13
$55.79
Volume2.61 million shs
Average Volume2.23 million shs
Market Capitalization$4.28 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.04
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.

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone844-324-2360

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$177.72 million
Book Value$5.04 per share

Profitability

Net Income$-53,880,000.00

Miscellaneous

Employees1,101
Market Cap$4.28 billion
Next Earnings Date12/2/2019 (Estimated)
OptionableNot Optionable

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Smartsheet (NYSE:SMAR) Frequently Asked Questions

What is Smartsheet's stock symbol?

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

How were Smartsheet's earnings last quarter?

Smartsheet Inc (NYSE:SMAR) released its earnings results on Wednesday, September, 4th. The company reported ($0.16) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.25) by $0.09. The firm had revenue of $64.64 million for the quarter, compared to the consensus estimate of $63.55 million. Smartsheet had a negative net margin of 30.10% and a negative return on equity of 24.74%. The company's revenue was up 52.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.08) EPS. View Smartsheet's Earnings History.

When is Smartsheet's next earnings date?

Smartsheet is scheduled to release their next quarterly earnings announcement on Monday, December 2nd 2019. View Earnings Estimates for Smartsheet.

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

Smartsheet updated its FY20 earnings guidance on Wednesday, September, 4th. The company provided EPS guidance of $(0.58)-(0.54) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.55). The company issued revenue guidance of $265-268 million, compared to the consensus revenue estimate of $264.25 million.

What price target have analysts set for SMAR?

11 Wall Street analysts have issued 1 year target prices for Smartsheet's stock. Their predictions range from $45.00 to $62.00. On average, they anticipate Smartsheet's stock price to reach $53.8182 in the next year. This suggests a possible upside of 34.1% from the stock's current price. View Analyst Price Targets for Smartsheet.

What is the consensus analysts' recommendation for Smartsheet?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Smartsheet.

What are Wall Street analysts saying about Smartsheet stock?

Here are some recent quotes from research analysts about Smartsheet stock:
  • 1. According to Zacks Investment Research, "Smartsheet Inc. provides software solutions. It offers mobile applications, pre-built templates and integrations with cloud applications such as Box, Dropbox, Salesforce, Google Drive and Zapier. Smartsheet Inc is based in Washington, United States. " (9/11/2019)
  • 2. Stephens analysts commented, "We continue to be impressed with the caliber of Smartsheet’s management team and its product-focused, customer-first culture, which drives continued innovation and product development (~90% product roadmap is from customer feedback). Smartsheet’s intimate customer focus—along with years of iterations to develop an engaging user experience—is widening the competitive gap against both established industry players (MSFT, and fast- moving competitors (Asana, Wrike). We expect Smartsheet to maintain its ACV growth rates in the vicinity of prior quarters (+50% YoY in 4Q19) as it further penetrates enterprise customers through user growth and increased attach rates for its higher-value offerings like Accelerators. We reiterate our Overweight/Vol." (4/23/2019)

Has Smartsheet been receiving favorable news coverage?

Media stories about SMAR stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Smartsheet earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Smartsheet.

Are investors shorting Smartsheet?

Smartsheet saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 4,911,400 shares, a decline of 14.4% from the July 15th total of 5,735,800 shares. Based on an average daily volume of 1,950,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 13.7% of the company's stock are sold short. View Smartsheet's Current Options Chain.

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 Alibaba Group (BABA), Netflix (NFLX), Twilio (TWLO), Micron Technology (MU), NVIDIA (NVDA), Adobe (ADBE), Mongodb (MDB), Okta (OKTA), Advanced Micro Devices (AMD) and Baidu (BIDU).

Who are Smartsheet's key executives?

Smartsheet's management team includes the folowing 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 $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.

Who are Smartsheet's major shareholders?

Smartsheet's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.34%), Whale Rock Capital Management LLC (4.72%), Morgan Stanley (4.28%), BlackRock Inc. (4.26%), BlackRock Inc. (4.26%) and Abdiel Capital Advisors LP (2.11%). 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.

Which institutional investors are selling Smartsheet stock?

SMAR stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Point72 Asset Management L.P., Price T Rowe Associates Inc. MD, D. E. Shaw & Co. Inc., AlpInvest Partners B.V., Hodges Capital Management Inc., Jane Street Group LLC and HBK Investments L P. 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.

Which institutional investors are buying Smartsheet stock?

SMAR stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Whale Rock Capital Management LLC, Abdiel Capital Advisors LP, Coatue Management LLC, Renaissance Technologies LLC and Waddell & Reed Financial Inc.. View Insider Buying and Selling 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 $40.13.

How big of a company is Smartsheet?

Smartsheet has a market capitalization of $4.28 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.

What is Smartsheet's official website?

The official website for Smartsheet is http://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]


MarketBeat Community Rating for Smartsheet (NYSE SMAR)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  413
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.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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