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) announced its quarterly earnings data on Wednesday, December, 4th. The company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.28) by $0.13. The company earned $71.50 million during the quarter, compared to analyst estimates of $69.83 million. Smartsheet had a negative net margin of 32.50% and a negative return on equity of 22.03%. The firm's revenue for the quarter was up 52.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.09) EPS. 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 earnings per share estimate of ($0.16). The company issued revenue guidance of $77-$78 million, compared to the consensus revenue estimate of $76.35 million.

13 brokerages have issued 12-month price objectives for Smartsheet's stock. Their forecasts range from $42.00 to $60.00. On average, they expect Smartsheet's stock price to reach $51.08 in the next twelve months. This suggests a possible upside of 9.6% 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 articles about SMAR stock have been trending somewhat negative recently, InfoTrie reports. The research group 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 positive five, with scores closest to five being the most favorable. Smartsheet earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Smartsheet.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Smartsheet investors own include NVIDIA (NVDA), Alibaba Group (BABA), Twilio (TWLO), Netflix (NFLX), Okta (OKTA), Mongodb (MDB), Paypal (PYPL), Advanced Micro Devices (AMD), Baidu (BIDU) and Zscaler (ZS).

(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 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 shareholders include Clarius Group LLC (0.29%), California Public Employees Retirement System (0.21%), Coronation Fund Managers Ltd. (0.11%), Empowered Funds LLC (0.02%), 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 SG Americas Securities LLC and 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 acquired by a variety of institutional investors in the last quarter, including Clarius Group LLC, Coronation Fund Managers Ltd., California Public Employees Retirement System, Empowered Funds LLC, Alpine Global Management LLC, Strs Ohio and Institute for Wealth 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 $46.62.

Smartsheet has a market capitalization of $5.48 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]