A share price of Smartsheet Inc [SMAR] is currently trading at $55.94, up 0.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The SMAR shares have gain 0.14% over the last week, with a monthly amount glided 0.14%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Smartsheet Inc [NYSE: SMAR] stock has seen the most recent analyst activity on November 11, 2024, when Guggenheim downgraded its rating to a Neutral. Previously, BMO Capital Markets reaffirmed its Outperform rating on September 06, 2024, and elevated its price target to $59. On March 21, 2024, KeyBanc Capital Markets initiated with a Sector Weight rating. BMO Capital Markets reiterated its Outperform rating and decreased its price target to $48 on March 11, 2024. BofA Securities initiated its recommendation with a Underperform and recommended $45 as its price target on February 26, 2024. Citigroup upgraded its rating to Buy for this stock on January 11, 2024, and upped its price target to $63.
Smartsheet Inc experienced fluctuations in its stock price throughout the past year between $35.52 and $56.55. Currently, Wall Street analysts expect the stock to reach $56.59 within the next 12 months. Smartsheet Inc [NYSE: SMAR] shares were valued at $55.94 at the most recent close of the market. An investor can expect a potential return of 1.16% based on the average SMAR price forecast.
Analyzing the SMAR fundamentals
Trailing Twelve Months sales for Smartsheet Inc [NYSE:SMAR] were 1.04B which represents 17.33% growth. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.88 points at the first support level, and at 55.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.97, and for the 2nd resistance point, it is at 56.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Smartsheet Inc [NYSE:SMAR] is 1.45. On the other hand, the Quick Ratio is 1.45, and the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 7.48, the price to book ratio is 11.55.
Transactions by insiders
Recent insider trading involved Marshall Jolene Lau, Chief Legal Officer, that happened on Nov 15 ’24 when 3205.0 shares were sold. Officer, Marshall Jolene Lau completed a deal on Nov 15 ’24 to buy 3205.0 shares. Meanwhile, President and CEO MADER MARK PATRICK sold 5000.0 shares on Nov 04 ’24.
