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As of close of business last night, Smartsheet Inc’s stock clocked out at $51.04, down -0.33% from its previous closing price of $51.21. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.96 million shares were traded. SMAR stock price reached its highest trading level at $51.48 during the session, while it also had its lowest trading level at $50.48.
Ratios:
To gain a deeper understanding of SMAR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on September 06, 2024, Reiterated its Outperform rating but revised its target price to $59 from $48 previously.
BMO Capital Markets reiterated its Outperform rating for the stock on March 11, 2024, while the target price for the stock was revised from $52 to $48.
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 Aug 15 ’24 when Marshall Jolene Lau sold 3,741 shares for $48.18 per share. The transaction valued at 180,241 led to the insider holds 17,100 shares of the business.
Marshall Jolene Lau bought 3,741 shares of SMAR for $180,241 on Aug 15 ’24. On Jul 18 ’24, another insider, Branstetter Stephen Robert, who serves as the Chief Operating Officer of the company, sold 2,004 shares for $48.00 each. As a result, the insider received 96,192 and left with 61,791 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, SMAR now has a Market Capitalization of 7092059648 and an Enterprise Value of 6428732928. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.80 while its Price-to-Book (P/B) ratio in mrq is 10.54. Its current Enterprise Value per Revenue stands at 6.168 whereas that against EBITDA is -120.168.
Stock Price History:
Over the past 52 weeks, SMAR has reached a high of $54.28, while it has fallen to a 52-week low of $35.52. The 50-Day Moving Average of the stock is 8.08%, while the 200-Day Moving Average is calculated to be 17.23%.
Shares Statistics:
It appears that SMAR traded 1.36M shares on average per day over the past three months and 2177910 shares per day over the past ten days. A total of 136.88M shares are outstanding, with a floating share count of 128.29M. Insiders hold about 7.67% of the company’s shares, while institutions hold 87.63% stake in the company. Shares short for SMAR as of 1723680000 were 1627913 with a Short Ratio of 1.20, compared to 1721001600 on 2001868. Therefore, it implies a Short% of Shares Outstanding of 1627913 and a Short% of Float of 1.21.
