NYSE:SMAR Smartsheet - SMAR Stock Forecast, Price & News Adding Choose a watchlist: 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. $42.28 -1.08 (-2.49%) (As of 01/30/2023 01:34 PM ET) Add Compare Share Share Today's Range$41.51▼$42.6550-Day Range$27.73▼$43.7852-Week Range$25.09▼$66.74Volume335,736 shsAverage Volume1.37 million shsMarket Capitalization$5.55 billionP/E RatioN/ADividend YieldN/APrice Target$47.17 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Smartsheet MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside11.3% Upside$47.17 Price TargetShort InterestHealthy2.67% of Float Sold ShortDividend StrengthN/ASustainability-0.46Upright™ Environmental ScoreNews Sentiment0.48Based on 5 Articles This WeekInsider TradingSelling Shares$523,937 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.66) to ($1.38) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.94 out of 5 starsComputer And Technology Sector535th out of 630 stocksPrepackaged Software Industry184th out of 216 stocks 2.4 Analyst's Opinion Consensus RatingSmartsheet has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 12 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.17, Smartsheet has a forecasted upside of 11.3% from its current price of $42.36.Amount of Analyst CoverageSmartsheet has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.67% of the float of Smartsheet has been sold short.Short Interest Ratio / Days to CoverSmartsheet has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Smartsheet has recently increased by 2.78%, indicating that investor sentiment is decreasing. 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 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSmartsheet has received a 44.00% net impact score from Upright. Smartsheet seems to create the most significant positive value in categories "Taxes", "Relationships", and "Jobs". The positive contribution in the "Relationships" impact category is false driven by its "Collaboration software" and "Enterprise resource management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Smartsheet is -0.46. Previous Next 1.9 News and Social Media Coverage News SentimentSmartsheet has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Smartsheet this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for SMAR on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days. Previous Next 2.5 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 $523,937.00 in company stock.Percentage Held by InsidersOnly 4.58% of the stock of Smartsheet is held by insiders.Percentage Held by Institutions89.50% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Smartsheet are expected to grow in the coming year, from ($1.66) to ($1.38) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Smartsheet is -24.07, 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 -24.07, 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 10.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Smartsheet (NYSE:SMAR) StockSmartsheet, 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 Receive SMAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Smartsheet and its competitors with MarketBeat's FREE daily newsletter. Email Address SMAR Stock News HeadlinesJanuary 29, 2023 | finance.yahoo.comA Smartsheet Inc. (NYSE:SMAR) insider increased their holdings by 8.3% last yearJanuary 24, 2023 | finance.yahoo.comSmartsheet’s Inaugural Future of Work Management Report Uncovers Resource Recession Across Global and UK Organisations, Need for Support and Technology to Initiate Resource RevolutionJanuary 30, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 21, 2023 | americanbankingnews.comBrokerages Set Smartsheet Inc (NYSE:SMAR) PT at $47.17January 14, 2023 | msn.comTim Cook's pay is falling 40% this year – but he's cool with itDecember 8, 2022 | finance.yahoo.comSmartsheet Inc. (NYSE:SMAR) Q3 2023 Earnings Call TranscriptDecember 6, 2022 | finance.yahoo.comSmartsheet Named a Top Place to Work for 2022 by The Boston GlobeDecember 1, 2022 | finance.yahoo.comSmartsheet Inc. Announces Third Quarter Fiscal Year 2023 ResultsJanuary 30, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." November 22, 2022 | finance.yahoo.comIs Now An Opportune Moment To Examine Smartsheet Inc. (NYSE:SMAR)?November 9, 2022 | finance.yahoo.comSmartsheet to Announce Third Quarter of Fiscal Year 2023 Financial Results on December 1, 2022November 9, 2022 | finance.yahoo.comDenver tech company closing Zeppelin Station officeNovember 1, 2022 | finance.yahoo.comHere’s Why Baron Funds Added Smartsheet (SMAR) Shares to its PortfolioOctober 22, 2022 | msn.comF1 stars encourage students ahead of big race this weekendOctober 17, 2022 | finance.yahoo.comA Look At The Fair Value Of Smartsheet Inc. (NYSE:SMAR)October 17, 2022 | forbes.comFive Ways Business Leaders Can Be Philanthropic - ForbesOctober 17, 2022 | businesswire.comMeet the Next Smartsheet Sponsor X: The Hidden Genius Project, Bringing Its World-Changing Mission to the Formula 1 Racetrack in Austin, TX - Business WireOctober 17, 2022 | finance.yahoo.comMeet the Next Smartsheet Sponsor X: The Hidden Genius Project, Bringing Its World-Changing Mission to the Formula 1 Racetrack in Austin, TXOctober 16, 2022 | seekingalpha.comCouchbase, Duck Creek, New Relic viewed as possible takeover targets (NASDAQ:DCT) - Seeking AlphaOctober 13, 2022 | finance.yahoo.comKeyBanc Initiates Coverage On Monday.com, Smartsheet, Asana In Work Management Software Category - Yahoo FinanceOctober 13, 2022 | finance.yahoo.comKeyBanc Initiates Coverage On Monday.com, Smartsheet, Asana In Work Management Software CategoryOctober 13, 2022 | benzinga.comKeyBanc Initiates Coverage On Monday.com, Smartsheet, Asana In Work Management Software Category - Asana - BenzingaOctober 11, 2022 | nasdaq.com‘There Are Many Stocks That Are Already Reflecting a Recession’: Morgan Stanley Says It’s Time to Buy These 2 Beaten-Down Names - NasdaqOctober 5, 2022 | bizjournals.comSmartsheet downsizes Bellevue office footprint following HQ move - The Business JournalsOctober 5, 2022 | finance.yahoo.comSmartsheet downsizes Bellevue office footprint following HQ moveOctober 4, 2022 | finance.yahoo.comOnline Project Management Software Market Size, Share & Forecast [2029] | Global Industry Growth Rate, Key Players, Type & Application, Expansion Plans, Recent Developments, Revenue, Challenges, Restraints Analysis - Yahoo FinanceOctober 3, 2022 | benzinga.comWhere Smartsheet Stands With Analysts - Smartsheet (NYSE:SMAR) - BenzingaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SMAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Smartsheet and its competitors with MarketBeat's FREE daily newsletter. Email Address SMAR Company Calendar Last Earnings12/01/2022Today1/30/2023Fiscal Year End1/31/2023Next Earnings (Estimated)3/21/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:SMAR CUSIPN/A CIK1366561 Webwww.smartsheet.com Phone844-324-2360FaxN/AEmployees2,539Year FoundedN/APrice Target and Rating Average Stock Price Forecast$47.17 High Stock Price Forecast$65.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside+11.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($1.76) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-171,100,000.00 Net Margins-31.75% Pretax Margin-31.58% Return on Equity-45.17% Return on Assets-21.86% Debt Debt-to-Equity RatioN/A Current Ratio1.27 Quick Ratio1.27 Sales & Book Value Annual Sales$550.83 million Price / Sales10.08 Cash FlowN/A Price / Cash FlowN/A Book Value$3.95 per share Price / Book10.70Miscellaneous Outstanding Shares131,330,000Free Float125,315,000Market Cap$5.55 billion OptionableNot Optionable Beta1.07 Key ExecutivesMark MaderChief Executive Officer & PresidentMike ArntzChief Revenue Officer & EVP of Worldwide Field OperationsJenny CeranChief Financial Officer & TreasurerGene FarrellChief Product OfficerPaul PorriniChief Legal Officer & General CounselKara HamiltonChief People & Culture OfficerPraerit GargChief Technology Officer & EVP of EngineeringMore ExecutivesKey CompetitorsCyberArk SoftwareNASDAQ:CYBRGuidewire SoftwareNYSE:GWREmonday.comNASDAQ:MNDYCoupa SoftwareNASDAQ:COUPThe Descartes Systems GroupNASDAQ:DSGXView All CompetitorsInsiders & InstitutionsCalamos Advisors LLCBought 12,586 shares on 1/26/2023Ownership: 0.010%Dupont Capital Management CorpBought 5,749 shares on 1/26/2023Ownership: 0.004%Clarius Group LLCSold 1,190 shares on 1/25/2023Ownership: 0.146%Xponance Inc.Bought 2,248 shares on 1/24/2023Ownership: 0.013%Migdal Insurance & Financial Holdings Ltd.Sold 3,400 shares on 1/23/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions SMAR Stock - Frequently Asked Questions Should I buy or sell Smartsheet stock right now? 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Smartsheet in the last twelve months. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMAR shares. View SMAR analyst ratings or view top-rated stocks. What is Smartsheet's stock price forecast for 2023? 16 Wall Street research analysts have issued 12-month price objectives for Smartsheet's stock. Their SMAR share price forecasts range from $36.00 to $65.00. On average, they predict the company's stock price to reach $47.17 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View analysts price targets for SMAR or view top-rated stocks among Wall Street analysts. How have SMAR shares performed in 2023? Smartsheet's stock was trading at $39.36 on January 1st, 2023. Since then, SMAR shares have increased by 10.2% and is now trading at $43.36. View the best growth stocks for 2023 here. When is Smartsheet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 21st 2023. View our SMAR earnings forecast. How were Smartsheet's earnings last quarter? Smartsheet Inc (NYSE:SMAR) issued its quarterly earnings results on Thursday, December, 1st. The company reported ($0.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.51) by $0.21. The business earned $199.58 million during the quarter, compared to analysts' expectations of $193.66 million. Smartsheet had a negative net margin of 31.75% and a negative trailing twelve-month return on equity of 45.17%. What guidance has Smartsheet issued on next quarter's earnings? Smartsheet updated its fourth quarter 2023 earnings guidance on Saturday, December, 31st. The company provided earnings per share guidance of -$0.02-0 for the period, compared to the consensus estimate of -$0.09. The company issued revenue guidance of $205.00 million-$207.00 million, compared to the consensus revenue estimate of $204.38 million. What is Mark Mader's approval rating as Smartsheet's CEO? 182 employees have rated Smartsheet Chief Executive Officer Mark Mader on Glassdoor.com. Mark Mader has an approval rating of 90% among the company's employees. 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), DocuSign (DOCU), Twilio (TWLO), Alibaba Group (BABA), Okta (OKTA), Block (SQ), Shopify (SHOP), Trade Desk (TTD), Salesforce (CRM) and Tesla (TSLA). 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 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 many different institutional and retail investors. Top institutional shareholders include Clarius Group LLC (0.15%), State of Alaska Department of Revenue (0.02%), Harbor Capital Advisors Inc. (0.02%), Quent Capital LLC (0.01%), Xponance Inc. (0.01%) and Calamos Advisors LLC (0.01%). Insiders that own company stock include Andrew Lee Bennett, Anna Griffin, Brendan Walsh, Brent Frei, Elena Gomez, Eugene Farrell, Geoffrey T Barker, James N White, Jennifer Ceran, Jolene Lau Marshall, Joseph M Jr Manko, Kara Hamilton, Magdalena Yesil, Mark Patrick Mader, Matthew S Mcilwain, Megan Hansen, Michael Arntz, Paul Porrini, Pete Godbole and Stephen Robert Branstetter. View institutional ownership trends. How do I buy shares of Smartsheet? Shares of SMAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Smartsheet's stock price today? One share of SMAR stock can currently be purchased for approximately $43.36. How much money does Smartsheet make? Smartsheet (NYSE:SMAR) has a market capitalization of $5.69 billion and generates $550.83 million in revenue each year. The company earns $-171,100,000.00 in net income (profit) each year or ($1.76) on an earnings per share basis. How many employees does Smartsheet have? The company employs 2,539 workers across the globe. How can I contact Smartsheet? Smartsheet's mailing address is 10500 NE 8TH STREET SUITE 1300, BELLEVUE WA, 98004. The official website for the company is www.smartsheet.com. The company can be reached via phone at 844-324-2360 or via email at investorrelations@smartsheet.com. This page (NYSE:SMAR) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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