In last trading session, SmartRent Inc (NYSE:SMRT) saw 1.01 million shares changing hands with its beta currently measuring 1.83. Company’s recent per share price level of $1.07 trading at -$0.08 or -6.96% at ring of the bell on the day assigns it a market valuation of $206.19M. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.17 million shares which gives us an average trading volume of 1.47 million if we extend that period to 3-months.
For SmartRent Inc (SMRT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 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 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.
SmartRent Inc (NYSE:SMRT) trade information
Upright in the red during last session for losing -6.96%, in the last five days SMRT remained trading in the red while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $1.07 price level, adding 12.87% to its value on the day. SmartRent Inc’s shares saw a change of -38.86% in year-to-date performance and have moved -7.76% in past 5-day. SmartRent Inc (NYSE:SMRT) showed a performance of -21.32% in past 30-days. Number of shares sold short was 5.09 million shares which calculate 1.98 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 73.25% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -86.92% in reaching the projected high whereas dropping to the targeted low would mean a loss of -86.92% for stock’s current value.
SmartRent Inc (SMRT) estimates and forecasts
This year revenue growth is estimated to fall -5.99% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 40.1M for the same. And 2 analysts are in estimates of company making revenue of 41.15M in the next quarter. Company posted 50.49M and 48.52M 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 53.38% during past 5 years.
SmartRent Inc (NYSE:SMRT)’s Major holders
Insiders are in possession of 11.21% of company’s total shares while institution are holding 56.86 percent of that, with stock having share float percentage of 64.04%. Investors also watch the number of corporate investors in a company very closely, which is 56.86% institutions for SmartRent Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SMRT for having 16.96 million shares of worth $40.52 million. And as of 2024-06-30, it was holding 8.3325 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 15.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5907 of outstanding shares, having a total worth of $36.64 million.
