Smartsheet: Valuation Appears To Be A Smart Buy [Seeking Alpha]
Smartsheet Inc. Class A (SMAR)
Last smartsheet inc. class a earnings: 3/17 04:21 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
Smartsheet ( SMAR ) remains one of the hottest tech stocks this year, up nearly 40% since their IPO in late April. Just like the majority of other tech stocks, October and November took out a decent size of SMAR’s gains. SMAR reported a strong Q3 earnings and with the stock down ~15% from recent highs, now could be a great opportunity to build a position in a fast-growth long-term winner. Not too long ago, SMAR was trading over $32 a share and valuation appeared to be a bit stretched. However, the recent pullback and strong Q3 earnings report, with revenue growing an impressive 59%, reinforces SMAR’s success over the long-term. Their previous mid-teens revenue multiple has compressed a bit to low double digits, however, this remains somewhat appropriate given their opportunity to develop into a market leader over the next few years. SMAR data by YCharts This remains a difficult name to value because of the large addressable market SMAR has to operate in. Even t
Show less
Read more
Impact Snapshot
Event Time:
SMAR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SMAR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SMAR alerts
High impacting Smartsheet Inc. Class A news events
Weekly update
A roundup of the hottest topics
SMAR
News
- Smartsheet Announces $150 Million Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Smartsheet Announces $150 Million Share Repurchase ProgramBusiness Wire
- Unpacking Q4 Earnings: Smartsheet (NYSE:SMAR) In The Context Of Other Project Management Software Stocks [Yahoo! Finance]Yahoo! Finance
- Celigo Sets New Standards in Integration with AI, Prebuilt Solutions, and Unprecedented Connectivity [Yahoo! Finance]Yahoo! Finance
- Smartsheet Appoints Jo Deal as Chief People Officer [Yahoo! Finance]Yahoo! Finance
SMAR
Earnings
- 3/14/24 - Beat
SMAR
Sec Filings
- 4/19/24 - Form 8-K
- 4/15/24 - Form 4
- 4/11/24 - Form 144
- SMAR's page on the SEC website