Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of SmartRent Inc (NYSE: SMRT) was $1.03 for the day, down -5.50% from the previous closing price of $1.09. In other words, the price has decreased by -$5.50 from its previous closing price. On the day, 1.48 million shares were traded. SMRT stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $1.01.
Ratios:
Our analysis of SMRT’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 193824368 and an Enterprise Value of 67418720. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 0.79. 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 1.81, which has changed by -0.54625547 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, SMRT has reached a high of $2.56, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 13.19%, while the 200-Day Moving Average is calculated to be -22.82%.
Shares Statistics:
SMRT traded an average of 2.67M shares per day over the past three months and 4739350 shares per day over the past ten 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 63.12% stake in the company. Shares short for SMRT as of 1749772800 were 8113771 with a Short Ratio of 3.04, 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
