In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
The price of SmartRent Inc (NYSE: SMRT) closed at $1.17 in the last session, down -0.85% from day before closing price of $1.18. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 2.01 million shares were traded. SMRT stock price reached its highest trading level at $1.2259 during the session, while it also had its lowest trading level at $1.14.
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 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:
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 225460160 and an Enterprise Value of 90591488. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.518 whereas that against EBITDA is -2.384.
Stock Price History:
The Beta on a monthly basis for SMRT is 1.86, which has changed by -0.56666666 over the last 52 weeks, in comparison to a change of 0.09589827 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 -19.04%, while the 200-Day Moving Average is calculated to be -33.77%.
Shares Statistics:
According to the various share statistics, SMRT traded on average about 1.41M shares per day over the past 3-months and 2691770 shares per day over the past 10 days. A total of 192.05M shares are outstanding, with a floating share count of 170.42M. Insiders hold about 11.56% of the company’s shares, while institutions hold 57.44% stake in the company. Shares short for SMRT as of 1740700800 were 5589748 with a Short Ratio of 3.95, 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
