|Bid||45.85 x 900|
|Ask||45.82 x 1200|
|Day's Range||44.63 - 46.60|
|52 Week Range||20.34 - 49.04|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||52.11|
Smartsheet Inc. , a leading cloud-based platform for work execution, today announced the closing of its previously announced underwritten public offering of 14,835,000 shares of its Class A common stock, including 1,935,000 shares sold upon the full exercise of the underwriters’ option to purchase additional shares, at a price to the public of $43.50 per share.
Smartsheet Inc. (SMAR), a leading cloud-based platform for work execution, today announced the pricing of an underwritten public offering of its Class A common stock at a price to the public of $43.50 per share, consisting of 7,800,000 shares offered by Smartsheet and 5,100,000 shares offered by certain selling shareholders. In addition, Smartsheet and the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,935,000 shares of Class A common stock, consisting of 1,225,000 shares from Smartsheet and 710,000 shares from the selling shareholders, in the offering. The gross proceeds to Smartsheet from this offering, before deducting underwriting discounts and commissions and estimated offering expenses, is expected to be approximately $339 million.
Smartsheet (SMAR), a leading cloud-based platform for work execution, today announced the general availability of Smartsheet Gov at the Amazon Web Services (AWS) Public Sector Summit in Washington, D.C. Smartsheet representatives are showcasing the platform, sharing best practices from the Federal Risk and Authorization Management Program (FedRAMP) process, and highlighting customer success stories at multiple sessions during the event. Smartsheet Gov is a secure solution created specifically to help government organizations accelerate innovation and keep pace with the modern workplace. Built on the AWS GovCloud (US-East) and (US-West) Regions, the platform enables federal agencies and other entities to organize and scale processes, streamline workflows, and automate repetitive but critical tasks, allowing them to focus on higher-value activities, increase collaboration across departments, and boost transparency to better serve citizens.
Smartsheet Inc. (SMAR), a leading cloud-based platform for work execution, today announced a proposed underwritten public offering of its Class A common stock consisting of 6,500,000 shares offered by Smartsheet and 4,250,000 shares offered by certain selling shareholders. In addition, Smartsheet and the selling shareholders expect to grant the underwriters a 30-day option to purchase up to an additional 1,612,500 shares of Class A common stock, consisting of 975,000 shares from Smartsheet and 637,500 shares from the selling shareholders, in the offering. Smartsheet intends to use the net proceeds from its sale of Class A common stock in this offering for working capital and general corporate purposes, which may include acquisitions of businesses, technologies, or other assets.
Stock futures rose despite initial talks failing to reach a deal to avoid tariffs on Mexican goods. Stitch Fix, Cloudera, MongoDB moved on earnings.
Smartsheet (SMAR) delivered earnings and revenue surprises of 33.33% and 2.99%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
BELLEVUE, Wash.-- -- First quarter total revenue grew 55% year over year to $56.2 million First quarter net operating cash flow was negative $9.2 million, net free cash flow was negative $13.1 million Smartsheet Inc. , a leading cloud-based platform for work execution, today announced financial results for its first fiscal quarter ended April 30, 2019. "The momentum with which we ended fiscal ...
NEW YORK, NY / ACCESSWIRE / June 5, 2019 / Smartsheet, Inc. (NYSE: SMAR ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on June 5, 2019 at 4:30 PM Eastern Time. ...
Smartsheet's (SMAR) first-quarter fiscal 2020 results are likely to benefit from its significant investments in products and marketing strategies.
The companies on this list are a mix of public and private, and had revenue between $25 million and $1 billion in 2018. Together, they brought in $16.6 billion in revenue last year and employed more than 15,250 in the state and nearly 47,000 globally.
Smartsheet (SMAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What companies will join the list of top software IPOs over the next several years? One analyst touts Coupa, Okta and Smartsheet as contenders. But will Zoom stock make the list?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
The university initiated a position in Smartsheet and bulked up on DocuSign in the first quarter. Yale also slashed positions in JBG Smith stock and the Vanguard FTSE Emerging Markets ETF.
Smartsheet Inc. (SMAR), a leading cloud-based platform for work execution, today announced that it will release its financial results for its first quarter of fiscal year 2020 ended April 30, 2019 after the close of U.S. financial markets on June 5, 2019. Smartsheet executives will host a conference call that day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the results. The webcast will be open to listeners through the events section of the company’s investor relations website: https://investors.smartsheet.com.
Smartsheet Inc. , a leading cloud-based platform for work execution, today announced that its Chief Executive Officer, Mark Mader, is scheduled to present at the Needham Emerging Technology Conference in New York, NY, on Tuesday, May 21, 2019 at 1:10 p.m.
Smartsheet (SMAR), a leading cloud-based platform for work execution, today announced that it has acquired 10,000ft, a SaaS platform that enables organizations to improve decision making and forecasting through real-time capacity planning, resource management, and reporting. “Effective resource management is a mission critical need for many organizations today, yet most tools specializing in capacity planning are overly complex and costly to manage,” said Mark Mader, CEO of Smartsheet. Founded in 2012, 10,000ft provides an intuitive, dynamic way for organizations to plan and manage resources across a portfolio of projects, track time by initiative, and build accurate forecasts using real-time insights.
The stock market is rallying to record levels right now. In fact the S&P 500 has now enjoyed its best start to the year in 32 years. That's quite an achievement. But for investors, it can mean that it's becoming increasingly challenging to find stocks that are still trading at attractive levels. Here we used the TipRanks Stock Screener to find stellar stocks that still offer plenty of upside potential ahead. That's by filtering for stocks that fit the following criteria: a 'Strong Buy' analyst consensus, upside potential of over 10% based on the average analyst price target, and a very high Smart Score. If you haven't seen it already, the Smart Score pulls together 8 data sets to create a powerful rating that unites all of TipRanks' unique stock insights. Let's see how this applies with these four top stock picks below: 1\. Valero Energy CorpTexas-based Valero Energy (VLO – Research Report) is the largest independent refiner in the world, with 14 refineries and total crude throughput capacity of nearly 2.4 million barrels per day. And as the Smart Score shows, VLO scores highly on multiple datapoints. These include a bullish outlook from analysts, bloggers and hedge funds, as well as positive news sentiment. That gives VLO the highest-possible Smart Score of '10'.Most notably, the company has 100% Street support right now, with RBC Capital’s Brad Heffern reiterating his buy rating on April 25. “1Q19 EPS of $0.34 was a strong result given the worst macro environment in several years, and was made more impressive by the fact that VLO is a merchant refiner” cheers the analyst.View VLO Price Target & Analyst Rating DetailIndeed, the 1Q19 refining macro environment was one of the roughest in memory, with VLO's blended indicator at its second-lowest level going back to 2012. “We are happy to move on from this quarter, as the macro has improved significantly… but it is reassuring to see VLO can still put up positive earnings in a very weak environment” writes Heffern.And even though Valero disappointed with only $36 million of share buybacks in the quarter, it should now to return to its traditionally strong capital return program. RNC, for example, is estimating that the company will return $330 million to shareholders in 2Q19. 2\. The Medicines CoThe Medicines Company (MDCO – Research Report) is an evolving biopharma that focuses on cardiovascular, infectious and intensive care medicine. Like Valero, MDCO is riding high when it comes to both the Smart Score and analyst ratings. View MDCO Smart Score BreakdownHowever what stands out about The Medicines Company is the sheer extent of the upside potential predicted by the Street. With shares currently trading at $32, the average analyst price target of $60 suggests upside of close to 88%. And in fact, one of the most bullish analysts is Chardan Capital’s Gbola Amusa. His new $90 price target works out at 181% upside potential from current price levels. Plus Amusa highlights MDCO as a Chardan Top Pick for 2019. The best part: as we can see here, Amusa is a top-rated analyst for his savvy stock picking skills. According to Amusa, investors should keep an eye on the late-stage development of MDCO’s twice-a-year cholesterol-lowering injection inclisiran. Ahead of 3Q19 pivotal readouts, MDCO will present interim phase II data on 18 May and on 27 May.“Given cost-efficient execution by MDCO on advancing towards multiple inclisiran clinical readouts in the coming months, including the pivotal phase III readout of inclisiran in 3Q19, we maintain our high-conviction Buy rating and increase our PT to $90 (from $85)” the analyst wrote on April 26.Note that Goldman Sachs analyst Paul Choi also upgraded MDCO from Hold to Buy ahead of the phase III data release. He also doubled his price target from $25 to $50. 3\. Smartsheet IncSoftware stock Smartsheet (SMAR – Research Report) is certainly worth a closer look right now. Shares have exploded 70% year-to-date, but the stock continues to offer attractive growth potential.Five-star Stephens analyst Dmitry Netis has a $55 price target on shares (30% upside potential). The analyst has just paid a visit to SMAR’s headquarters to get the low down from management. Post-meeting, he told investors “We reiterate our Overweight rating, as we increasingly have confidence in management's ability to scale revenues to a $1 billion revenue run rate within the next 4-6 years.”In particular, the analyst believes that Smartsheet's customer focus—along with years of iterations to develop an engaging user experience—is widening the competitive gap against both established industry players (MSFT, GOOG, TEAM, NOW) and fast-moving competitors (Asana, Wrike). “We continue to be impressed with the caliber of Smartsheet's management team and its product-focused, customer-first culture, which drives continued innovation and product development (~90% product roadmap is from customer feedback)” summed up Netis. Overall the stock boasts a ‘Strong Buy’ Street consensus, with a Smart Score of 9 reflecting positive activity from bloggers, hedge funds, investors and Very Bullish news sentiment. View SMAR Smart Score Breakdown 4\. Amazon Inc Last but not least comes A-grade mega-cap Amazon.com, Inc. (AMZN – Research Report). Not only does Amazon boast a Smart Score of 10, it also scores a record-breaking 36 recent buy ratings from the Street. View AMZN Price Target & Analyst Rating DetailOne of the many analysts singing AMZN’s praises is Goldman Sachs’ Heath Terry. Following solid earnings results, Terry ramped up his AMZN price target from $2,100 to $2,400. This means he sees shares surging a further 25% in the coming months. The five-star analyst explained: "We continue to believe AMZN represents the best risk/reward in Internet given the relatively early-stage shift of workloads to the cloud, the transition of traditional retail online, and share gains in its advertising business, the long-term benefits of each we believe the market continues to underestimate for Amazon".For the quarter, Amazon reported revenue in-line with the Street at $59.7 billion. That’s with operating Income of $4.42B coming in well ahead of RBC/Street, thanks to the Gross Margin upside and better than expected Fulfillment leverage. But the news that caught the eye of many consumers was the fact that Prime free shipping is going from 2 days to 1 day. “This IS Big News, if you believe in Shipping Elasticity, which we do. The faster you ship, the more people buy… This could be a key growth catalyst for Amazon for some time” enthused RBC Capital’s Mark Mahaney following the announcement. With this analysis it’s not surprising that AMZN boasts a Very Bullish news sentiment as the Smart Score demonstrates below:View AMZN Smart Score Breakdown Find ‘Strong Buy’ stocks that tick every box. Go to TipRanks’ Top Smart Score Stocks now. This tool pools together a customizable list of all the top-ranked stocks with a perfect ‘10’ score, enabling you to pinpoint the best stocks for your investing strategy.