Smith Micro Software, Inc (NASDAQ:SMSI)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 0.76. At the close of trading, the stock’s price was $1.41, to imply a decrease of -7.24% or -$0.11 in intraday trading. The SMSI share’s 52-week high remains $7.10, putting it -403.55% down since that peak but still an impressive 63.12% since price per share fell to its 52-week low of $0.52. The company has a valuation of $25.01M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 395.37K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Smith Micro Software, Inc (SMSI), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SMSI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.11.
Smith Micro Software, Inc (NASDAQ:SMSI) trade information
After registering a -7.24% downside in the last session, Smith Micro Software, Inc (SMSI) has traded red over the past five days. The 5-day price performance for the stock is 11.02%, and -13.50% over 30 days. With these gigs, the year-to-date price performance is 7.63%. Short interest in Smith Micro Software, Inc (NASDAQ:SMSI) saw shorts transact 0.32 million shares and set a 1.11 days time to cover.
Smith Micro Software, Inc (SMSI) estimates and forecasts
The rating firms project that company’s revenue will shrink -49.35% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 5.13M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 5.86M.Earnings reports from the last fiscal year show that sales brought in 8.59M and 5.8M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -40.26% before jumping 1.13% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -21.69% for the past 5-year period. While 2025 is set for a -556.77% return in earnings, projections for the next 5 years are at 34.48% annually.
SMSI Dividends
Smith Micro Software, Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Smith Micro Software, Inc (NASDAQ:SMSI)’s Major holders
Smith Micro Software, Inc insiders hold 20.97% of total outstanding shares, with institutional holders owning 14.34% of the shares at 18.14% float percentage. In total, 14.34% institutions holds shares in the company, led by JPMORGAN CHASE & CO.
We also have RBB Fund Inc.-Adara Smaller Companies Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Smith Micro Software, Inc (SMSI) shares. Going by data provided on Dec 31, 2024 , RBB Fund Inc.-Adara Smaller Companies Fund holds roughly 224.28 shares. This is just over 1.26% of the total shares, with a market valuation of $0.32 million. Data from the same date shows that the other fund manager holds a little less at 88.31, or 0.50% of the shares, all valued at about 0.12 million.
