Smartsheet Inc. (NYSE:SMAR) went up by 0.14% from its latest closing price compared to the recent 1-year high of $85.65. The company’s stock price has collected 0.11% of gains in the last five trading sessions. Press Release reported on 10/05/21 that Powerful New Advancements Strengthen Autodesk Construction Cloud
Is It Worth Investing in Smartsheet Inc. (NYSE :SMAR) Right Now?
Plus, the 36-month beta value for SMAR is at 1.45. Opinions of the stock are interesting as 12 analysts out of 15 who provided ratings for Smartsheet Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $92.00, which is $25.01 above the current price. SMAR currently public float of 121.60M and currently shorts hold a 3.38% ratio of that float. Today, the average trading volume of SMAR was 978.74K shares.
SMAR’s Market Performance
SMAR stocks went up by 0.11% for the week, with a monthly drop of -6.73% and a quarterly performance of -6.52%, while its annual performance rate touched 18.90%. The volatility ratio for the week stands at 3.43% while the volatility levels for the past 30 days are set at 3.52% for Smartsheet Inc.. The simple moving average for the period of the last 20 days is -6.26% for SMAR stocks with a simple moving average of -3.75% for the last 200 days.
Analysts’ Opinion of SMAR
Many brokerage firms have already submitted their reports for SMAR stocks, with Jefferies repeating the rating for SMAR by listing it as a “Buy.” The predicted price for SMAR in the upcoming period, according to Jefferies is $85 based on the research report published on August 19th of the current year 2021.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see SMAR reach a price target of $65, previously predicting the price at $80. The rating they have provided for SMAR stocks is “Sector Perform” according to the report published on June 11th, 2021.
Wolfe Research gave a rating of “Outperform” to SMAR, setting the target price at $75 in the report published on April 23rd of the current year.
SMAR Trading at -8.96% from the 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, the company was unable to rebound, for now settling with -22.95% of loss for the given period.
Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares sank -9.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.43% lower at present.
During the last 5 trading sessions, SMAR rose by +0.11%, which changed the moving average for the period of 200-days by -6.33% in comparison to the 20-day moving average, which settled at $70.05. In addition, Smartsheet Inc. saw -4.76% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SMAR starting from Griffin Anna, who sale 663 shares at the price of $68.00 back on Oct 07. After this action, Griffin Anna now owns 14,500 shares of Smartsheet Inc., valued at $45,084 using the latest closing price.
Barker Geoffrey T, the Director of Smartsheet Inc., sale 6,750 shares at $67.30 during a trade that took place back on Oct 07, which means that Barker Geoffrey T is holding 344,631 shares at $454,254 based on the most recent closing price.
Stock Fundamentals for SMAR
Current profitability levels for the company are sitting at:
- -31.00 for the present operating margin
- +77.81 for the gross margin
The net margin for Smartsheet Inc. stands at -29.82. The total capital return value is set at -20.00, while invested capital returns managed to touch -19.78. Equity return is now at value -27.20, with -15.90 for asset returns.
Based on Smartsheet Inc. (SMAR), the company’s capital structure generated 16.89 points at debt to equity in total, while total debt to capital is 14.45. Total debt to assets is 9.76, with long-term debt to equity ratio resting at 13.65. Finally, the long-term debt to capital ratio is 11.68.
When we switch over and look at the enterprise to sales, we see a ratio of 20.91, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 4.83 and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.