In last trading session, Smith Micro Software, Inc (NASDAQ:SMSI) saw 0.66 million shares changing hands with its beta currently measuring 0.67. Company’s recent per share price level of $1.36 trading at -$0.01 or -0.73% at ring of the bell on the day assigns it a market valuation of $24.12M. That closing price of SMSI’s stock is at a discount of -452.94% from its 52-week high price of $7.52 and is indicating a premium of 61.76% from its 52-week low price of $0.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.92 million shares which gives us an average trading volume of 356.70K if we extend that period to 3-months.
For Smith Micro Software, Inc (SMSI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.11 in the current quarter.
Smith Micro Software, Inc (NASDAQ:SMSI) trade information
Upright in the red during last session for losing -0.73%, in the last five days SMSI remained trading in the red while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $1.36 price level, adding 30.26% to its value on the day. Smith Micro Software, Inc’s shares saw a change of 3.82% in year-to-date performance and have moved -6.21% in past 5-day. Smith Micro Software, Inc (NASDAQ:SMSI) showed a performance of 82.04% in past 30-days. Number of shares sold short was 0.32 million shares which calculate 1.11 days to cover the short interests.
Smith Micro Software, Inc (SMSI) estimates and forecasts
Statistics highlight that Smith Micro Software, Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -40.09% of value to its shares in past 6 months, showing an annual growth rate of -93.75% while that of industry is 17.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -49.35% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 5.13M for the same. And 2 analysts are in estimates of company making revenue of 5.86M in the next quarter. Company posted 8.59M and 5.8M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -21.69% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -556.77% while estimates for its earnings growth in next 5 years are of 10.75%.
Smith Micro Software, Inc (NASDAQ:SMSI)’s Major holders
Insiders are in possession of 20.97% of company’s total shares while institution are holding 14.34 percent of that, with stock having share float percentage of 18.14%. Investors also watch the number of corporate investors in a company very closely, which is 14.34% institutions for Smith Micro Software, Inc that are currently holding shares of the company.
On the other hand, RBB Fund Inc.-Adara Smaller Companies Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 144.86 shares of worth $0.2 million or 0.82% of the total outstanding shares. The later fund manager was in possession of 88.31 shares on Sep 30, 2024 , making its stake of worth around $0.12 million in the company or a holder of 0.50% of company’s stock.
