A new trading day began on Friday, with Smartsheet Inc (NYSE: SMAR) stock price up 0.05% from the previous day of trading, before settling in for the closing price of $55.99. SMAR’s price has ranged from $35.52 to $56.55 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 40.36% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 70.27%. With a float of $129.41 million, this company’s outstanding shares have now reached $139.30 million.
In an organization with 3330 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.68%, operating margin of -3.65%, and the pretax margin is -0.71%.
Smartsheet Inc (SMAR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Smartsheet Inc is 7.57%, while institutional ownership is 84.45%. The most recent insider transaction that took place on Dec 13 ’24, was worth 111,980. Before that another transaction happened on Nov 15 ’24, when Company’s Chief Legal Officer sold 3,205 for $55.92, making the entire transaction worth $179,224. This insider now owns 18,695 shares in total.
Smartsheet Inc (SMAR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.44% during the next five years compared to -3.72% drop over the previous five years of trading.
Smartsheet Inc (NYSE: SMAR) Trading Performance Indicators
Here are Smartsheet Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.24. Likewise, its price to free cash flow for the trailing twelve months is 35.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.61 in one year’s time.
Technical Analysis of Smartsheet Inc (SMAR)
Let’s dig in a bit further. During the last 5-days, its volume was 2.94 million. That was better than the volume of 2.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.72%. Additionally, its Average True Range was 0.17.
During the past 100 days, Smartsheet Inc’s (SMAR) raw stochastic average was set at 95.78%, which indicates a significant increase from 42.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.06% in the past 14 days, which was lower than the 21.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.98, while its 200-day Moving Average is $46.92. However, in the short run, Smartsheet Inc’s stock first resistance to watch stands at $56.07. Second resistance stands at $56.12. The third major resistance level sits at $56.18. If the price goes on to break the first support level at $55.96, it is likely to go to the next support level at $55.90. Assuming the price breaks the second support level, the third support level stands at $55.85.
Smartsheet Inc (NYSE: SMAR) Key Stats
With a market capitalization of 7.85 billion, the company has a total of 140,002K Shares Outstanding. Currently, annual sales are 958,340 K while annual income is -104,630 K. The company’s previous quarter sales were 286,870 K while its latest quarter income was 1,320 K.
