Currently, there are 139.30M common shares owned by the public and among those 129.41M shares have been available to trade.
The company’s stock has a 5-day price change of -0.11% and 9.66% over the past three months. SMAR shares are trading 17.04% year to date (YTD), with the 12-month market performance up to 26.74% higher. It has a 12-month low price of $35.52 and touched a high of $56.55 over the same period. SMAR has an average intraday trading volume of 4.13 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.01%, 0.04%, and 19.83% respectively.
Institutional ownership of Smartsheet Inc (NYSE: SMAR) shares accounts for 84.45% of the company’s 139.30M shares outstanding.
It has a market capitalization of $7.84B and a beta (3y monthly) value of 0.71. The earnings-per-share (ttm) stands at -$0.07. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.22% over the week and 0.24% over the month.
Earnings per share for the fiscal year are expected to increase by 69.22%, and 11.89% over the next financial year. EPS should grow at an annualized rate of 31.44% over the next five years, compared to -3.72% over the past 5-year period.
BMO Capital Markets coverage for the Smartsheet Inc (SMAR) stock in a research note released on September 06, 2024 offered a Outperform rating with a price target of $59. KeyBanc Capital Markets was of a view on March 21, 2024 that the stock is Sector Weight, while BMO Capital Markets gave the stock Outperform rating on March 11, 2024, issuing a price target of $52- $48. BofA Securities on their part issued Underperform rating on February 26, 2024.
