Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, SmartRent Inc’s stock clocked out at $1.19, down -0.83% from its previous closing price of $1.20. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 0.75 million shares were traded. SMRT stock price reached its highest trading level at $1.215 during the session, while it also had its lowest trading level at $1.16.
Ratios:
To gain a deeper understanding of SMRT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.01 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On August 08, 2024, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $4 to $2.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’25 when Paladin Michael Shane bought 43,859 shares for $1.14 per share. The transaction valued at 49,999 led to the insider holds 43,859 shares of the business.
DORMAN JOHN C bought 125,000 shares of SMRT for $150,000 on Mar 10 ’25. The Director now owns 229,965 shares after completing the transaction at $1.20 per share. On Mar 07 ’25, another insider, STEMM DARYL, who serves as the CFO of the company, bought 10,000 shares for $1.24 each. As a result, the insider paid 12,350 and bolstered with 76,272 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMRT now has a Market Capitalization of 231241984 and an Enterprise Value of 94445512. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is -2.486.
Stock Price History:
The Beta on a monthly basis for SMRT is 1.89, which has changed by -0.5625 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, SMRT has reached a high of $2.98, while it has fallen to a 52-week low of $1.07. The 50-Day Moving Average of the stock is -13.82%, while the 200-Day Moving Average is calculated to be -31.25%.
Shares Statistics:
It appears that SMRT traded 1.46M shares on average per day over the past three months and 1865350 shares per day over the past ten days. A total of 192.05M shares are outstanding, with a floating share count of 175.33M. Insiders hold about 9.01% of the company’s shares, while institutions hold 57.42% stake in the company. Shares short for SMRT as of 1740700800 were 5589748 with a Short Ratio of 3.82, compared to 1738281600 on 5912533. Therefore, it implies a Short% of Shares Outstanding of 5589748 and a Short% of Float of 3.1199999999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The firm’s stock currently is rated by 1.0 analysts. The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.06 and -$0.06 for the fiscal current year, implying an average EPS of -$0.06.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $40.1M. It ranges from a high estimate of $43.51M to a low estimate of $36.7M. As of the current estimate, SmartRent Inc’s year-ago sales were $50.49MFor the next quarter, 2 analysts are estimating revenue of $41.15M. There is a high estimate of $44.99M for the next quarter, whereas the lowest estimate is $37.3M.
A total of 3 analysts have provided revenue estimates for SMRT’s current fiscal year. The highest revenue estimate was $180.44M, while the lowest revenue estimate was $146.5M, resulting in an average revenue estimate of $164.41M. In the same quarter a year ago, actual revenue was $174.88MBased on 1 analysts’ estimates, the company’s revenue will be $203.7M in the next fiscal year. The high estimate is $203.7M and the low estimate is $203.7M.
