Smartsheet Inc. (NYSE: SMAR) went up by 2.02% from its latest closing price when compared to the 1-year high value of $49.04, while SMAR stocks collected +0.86% of gains with the last five trading sessions.
Smartsheet Inc. (NYSE: SMAR) Worth an Investment?
Smartsheet Inc. (NYSE: SMAR) 10 of the analysts out of 11 who provided ratings for Smartsheet Inc. stocks as a “buy” while 0 as overweight, 1 rated it as hold and 0 as sell. The average price we get from analysts is $51.20 which is $9.54 above current price. SMAR currently has a short float of 7.64% and public float of 35.93M with average trading volume of 1.41M shares.
SMAR Market Performance
SMAR stocks went up by 0.86% for the week, with the monthly jump of 5.06% and a quarterly performance of 15.65%, while its annual performance rate touched 105.58%. The simple moving average for the period of the last 20 days is 2.77% for SMAR stocks with the simple moving average of 36.64% for the last 200 days.
Analysts’ Opinion on Smartsheet Inc. (NYSE: SMAR)
Many brokerage firms have already submitted their reports for SMAR stocks, with Needham repeating the rating for SMAR shares by setting it to “Buy”. The predicted price for SMAR socks in the upcoming period according to Needham is $45 based on the research report published on April 12, 2019.
DA Davidson, on the other hand, stated in their research note that they expect to see SMAR stock at the price of $45. The rating they have provided for SMAR stocks is “Buy” according to the report published on March 22, 2019.
Canaccord Genuity gave “Buy” rating to SMAR stocks, setting the target price at $53 in the report published on March 20, 2019.
SMAR Stocks 3.50% Far from 50 Day Moving Average
After a stumble in the market that brought SMAR to its low price for the period of the last 52 weeks, Smartsheet Inc. was unable to take a rebound, for now settling with -13.64% of loss for the given period.
The stock volatility was left at 3.73%, however, within the period of a single month, the volatility rate increased by 4.68%, while the shares surge at the distance of +6.70% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +12.96% upper at the present time.
In the course of the last 5 trading sessions, SMAR went up by +0.86%, which changed the moving average for the period of 200 days to the total of +104.00% of gains for the stock in comparison to the 20-day moving average settled at $41.34. In addition, Smartsheet Inc. saw 70.35% in overturn over the period of a single year with a tendency to cut further gains.
SMAR Stock Fundamentals
The current profitability levels are settled at -30.99 for the present operating margin and +80.95 for gross margin. The net margin for Smartsheet Inc. stands at -30.32. Total capital return value is set at -52.11, while invested capital returns managed to touch -52.62. Equity return holds the value -50.90%, with -21.50% for asset returns.
Based on Smartsheet Inc. (SMAR), the company’s capital structure generated 3.55 points for debt to equity in total, while total debt to capital is set at the value of 3.43. Total debt to assets is settled at the value of 1.92 with long-term debt to equity ratio rests at 1.30 and long-term debt to capital is 1.25.
The value for Enterprise to Sales is 23.28 with debt to enterprise value settled at 0.00. The receivables turnover for Smartsheet Inc. is 7.89 with the total asset turnover at the value of 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.