S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
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Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024

Smartsheet (SMAR) Competitors

$37.68
-1.01 (-2.61%)
(As of 04/12/2024 ET)

SMAR vs. FRSH, TENB, VRNS, VERX, SQSP, ZI, QLYS, WK, FROG, and CVLT

Should you be buying Smartsheet stock or one of its competitors? The main competitors of Smartsheet include Freshworks (FRSH), Tenable (TENB), Varonis Systems (VRNS), Vertex (VERX), Squarespace (SQSP), ZoomInfo Technologies (ZI), Qualys (QLYS), Workiva (WK), JFrog (FROG), and Commvault Systems (CVLT). These companies are all part of the "prepackaged software" industry.

Smartsheet vs.

Smartsheet (NYSE:SMAR) and Freshworks (NASDAQ:FRSH) are both mid-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, profitability, risk, institutional ownership, dividends, media sentiment, valuation and earnings.

Smartsheet received 347 more outperform votes than Freshworks when rated by MarketBeat users. Likewise, 65.47% of users gave Smartsheet an outperform vote while only 37.50% of users gave Freshworks an outperform vote.

CompanyUnderperformOutperform
SmartsheetOutperform Votes
383
65.47%
Underperform Votes
202
34.53%
FreshworksOutperform Votes
36
37.50%
Underperform Votes
60
62.50%

Smartsheet has a beta of 0.73, suggesting that its share price is 27% less volatile than the S&P 500. Comparatively, Freshworks has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500.

Smartsheet has higher revenue and earnings than Freshworks. Smartsheet is trading at a lower price-to-earnings ratio than Freshworks, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Smartsheet$958.34M5.40-$104.63M-$0.79-47.70
Freshworks$596.43M8.97-$137.44M-$0.47-38.21

90.0% of Smartsheet shares are held by institutional investors. Comparatively, 75.6% of Freshworks shares are held by institutional investors. 4.7% of Smartsheet shares are held by company insiders. Comparatively, 26.7% of Freshworks shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Freshworks had 6 more articles in the media than Smartsheet. MarketBeat recorded 11 mentions for Freshworks and 5 mentions for Smartsheet. Smartsheet's average media sentiment score of 0.71 beat Freshworks' score of 0.68 indicating that Smartsheet is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Smartsheet
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Freshworks
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Smartsheet presently has a consensus target price of $49.75, indicating a potential upside of 32.03%. Freshworks has a consensus target price of $25.00, indicating a potential upside of 39.20%. Given Freshworks' stronger consensus rating and higher possible upside, analysts clearly believe Freshworks is more favorable than Smartsheet.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Smartsheet
1 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.69
Freshworks
0 Sell rating(s)
5 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.72

Smartsheet has a net margin of -10.92% compared to Freshworks' net margin of -23.04%. Freshworks' return on equity of -12.55% beat Smartsheet's return on equity.

Company Net Margins Return on Equity Return on Assets
Smartsheet-10.92% -16.57% -7.60%
Freshworks -23.04%-12.55%-9.39%

Summary

Freshworks beats Smartsheet on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SMAR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SMAR vs. The Competition

MetricSmartsheetPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$5.32B$23.87B$18.92B$17.52B
Dividend YieldN/A2.08%2.75%3.53%
P/E Ratio-47.70135.77237.0124.10
Price / Sales5.408.36540.339.41
Price / CashN/A67.1629.4717.55
Price / Book8.519.996.655.09
Net Income-$104.63M$382.75M$579.62M$972.03M
7 Day Performance-1.52%-1.52%-1.15%-2.61%
1 Month Performance-8.68%-3.47%-2.08%-1.57%
1 Year Performance-17.33%14.49%16.12%113.30%

Smartsheet Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FRSH
Freshworks
2.338 of 5 stars
$17.79
-2.5%
$25.00
+40.5%
+27.1%$5.30B$596.43M-37.854,900Insider Selling
Short Interest ↑
News Coverage
TENB
Tenable
4.3353 of 5 stars
$47.94
-2.8%
$56.63
+18.1%
+7.4%$5.66B$798.71M-70.501,999Analyst Report
VRNS
Varonis Systems
3.4595 of 5 stars
$45.55
-2.7%
$48.81
+7.2%
+80.8%$4.97B$499.16M-49.512,233Positive News
VERX
Vertex
3.5626 of 5 stars
$32.09
+0.2%
$35.78
+11.5%
+42.6%$4.95B$572.39M-320.901,500Insider Selling
SQSP
Squarespace
1.9205 of 5 stars
$36.22
-1.0%
$38.54
+6.4%
+12.5%$4.95B$1.01B-724.401,749Insider Selling
ZI
ZoomInfo Technologies
4.3573 of 5 stars
$15.92
-0.9%
$21.58
+35.5%
-29.7%$6.04B$1.24B58.973,516Positive News
QLYS
Qualys
1.9798 of 5 stars
$166.20
-0.6%
$153.23
-7.8%
+30.2%$6.15B$554.46M41.142,188Analyst Upgrade
WK
Workiva
3.5395 of 5 stars
$81.36
-2.7%
$113.50
+39.5%
-18.7%$4.45B$630.04M-34.332,526Gap Down
FROG
JFrog
3.3832 of 5 stars
$43.40
-2.1%
$43.46
+0.1%
+88.1%$4.42B$349.89M-72.331,400Gap Down
CVLT
Commvault Systems
2.616 of 5 stars
$99.07
-1.4%
$85.60
-13.6%
+58.4%$4.34B$784.59M-3,301.232,779

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This page (NYSE:SMAR) was last updated on 4/13/2024 by MarketBeat.com Staff

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