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 closing price of SmartRent Inc (NYSE: SMRT) was $1.03 for the day, down -3.74% from the previous closing price of $1.07. In other words, the price has decreased by -$3.74 from its previous closing price. On the day, 0.8 million shares were traded. SMRT stock price reached its highest trading level at $1.085 during the session, while it also had its lowest trading level at $1.02.
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 74945864. 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 0.452 whereas that against EBITDA is -1.689.
Stock Price History:
The Beta on a monthly basis for SMRT is 1.83, which has changed by -0.41807908 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, SMRT has reached a high of $2.03, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 8.23%, while the 200-Day Moving Average is calculated to be -19.79%.
Shares Statistics:
SMRT traded an average of 2.37M shares per day over the past three months and 1251630 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 63.82% stake in the company. Shares short for SMRT as of 1752537600 were 4191816 with a Short Ratio of 1.77, compared to 1749772800 on 8113771. Therefore, it implies a Short% of Shares Outstanding of 4191816 and a Short% of Float of 2.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
SmartRent Inc (SMRT) is currently under the scrutiny of 1.0 analysts, each contributing to the ongoing evaluation of its stock.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
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. 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.
