Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of SmartRent Inc (NYSE: SMRT) closed at $0.97 in the last session, down -1.60% from day before closing price of $0.98. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 0.67 million shares were traded. SMRT stock price reached its highest trading level at $1.0 during the session, while it also had its lowest trading level at $0.9525.
Ratios:
We take a closer look at SMRT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.47 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 181780928 and an Enterprise Value of 67418720. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.407 whereas that against EBITDA is -1.52.
Stock Price History:
The Beta on a monthly basis for SMRT is 1.82, which has changed by -0.60082644 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, SMRT has reached a high of $2.51, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 5.57%, while the 200-Day Moving Average is calculated to be -26.15%.
Shares Statistics:
According to the various share statistics, SMRT traded on average about 2.43M shares per day over the past 3-months and 1664880 shares per day over the past 10 days. A total of 191.75M shares are outstanding, with a floating share count of 161.63M. Insiders hold about 14.11% of the company’s shares, while institutions hold 63.21% stake in the company. Shares short for SMRT as of 1749772800 were 8113771 with a Short Ratio of 2.56, compared to 1747267200 on 7706023. Therefore, it implies a Short% of Shares Outstanding of 8113771 and a Short% of Float of 4.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The market rating of SmartRent Inc (SMRT) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.13 and -$0.13 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.1, with 1.0 analysts recommending between -$0.1 and -$0.1.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $38.85M. It ranges from a high estimate of $41M to a low estimate of $36.7M. As of the current estimate, SmartRent Inc’s year-ago sales were $48.52MFor the next quarter, 2 analysts are estimating revenue of $38.7M. There is a high estimate of $41.7M for the next quarter, whereas the lowest estimate is $35.7M.
A total of 2 analysts have provided revenue estimates for SMRT’s current fiscal year. The highest revenue estimate was $166.44M, while the lowest revenue estimate was $152.8M, resulting in an average revenue estimate of $159.62M. In the same quarter a year ago, actual revenue was $174.88MBased on 2 analysts’ estimates, the company’s revenue will be $183.82M in the next fiscal year. The high estimate is $190.8M and the low estimate is $176.84M.
