On Tuesday, Smartsheet Inc (NYSE: SMAR) opened lower -1.33% from the last session, before settling in for the closing price of $38.34. Price fluctuations for SMAR have ranged from $35.52 to $52.81 over the past 52 weeks.
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Annual sales at Technology sector company grew by 40.36% over the past five years. Company’s average yearly earnings per share was noted 30.43% at the time writing. With a float of $131.68 million, this company’s outstanding shares have now reached $136.88 million.
Let’s look at the performance matrix of the company that is accounted for 3330 employees.
Smartsheet Inc (SMAR) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Smartsheet Inc is 4.18%, while institutional ownership is 89.48%. The most recent insider transaction that took place on Apr 11 ’24, was worth 391,688. In this transaction CFO & Treasurer of this company sold 10,129 shares at a rate of $38.67, taking the stock ownership to the 44,346 shares. Before that another transaction happened on Mar 27 ’24, when Company’s Chief Operating Officer sold 5,737 for $38.22, making the entire transaction worth $219,268. This insider now owns 67,801 shares in total.
Smartsheet Inc (SMAR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 30.43% per share during the next fiscal year.
Smartsheet Inc (NYSE: SMAR) Trading Performance Indicators
Check out the current performance indicators for Smartsheet Inc (SMAR). In the past quarter, the stock posted a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 35.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.41 in one year’s time.
Technical Analysis of Smartsheet Inc (SMAR)
Smartsheet Inc (NYSE: SMAR) saw its 5-day average volume 1.07 million, a negative change from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 66.63%. Additionally, its Average True Range was 1.05.
During the past 100 days, Smartsheet Inc’s (SMAR) raw stochastic average was set at 16.62%, which indicates a significant decrease from 56.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.46% in the past 14 days, which was lower than the 31.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.58, while its 200-day Moving Average is $42.06. Nevertheless, the first resistance level for the watch stands at $38.43 in the near term. At $39.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.34. If the price goes on to break the first support level at $37.53, it is likely to go to the next support level at $37.23. Assuming the price breaks the second support level, the third support level stands at $36.62.
Smartsheet Inc (NYSE: SMAR) Key Stats
There are currently 137,424K shares outstanding in the company with a market cap of 5.20 billion. Presently, the company’s annual sales total 958,340 K according to its annual income of -104,630 K. Last quarter, the company’s sales amounted to 256,950 K and its income totaled -8,980 K.
