Smartsheet Inc Stock Fair Value – Smartsheet Inc’s Cloud-Based Platform Empowers Collaboration and Streamlines Workflows, According to TradingView’s Technical Analysis
April 3, 2024
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Smartsheet Inc ($NYSE:SMAR) is a rapidly growing company that offers a comprehensive cloud-based platform for businesses to increase efficiency and productivity. The company’s stock has been making headlines on TradingView, a popular financial analysis platform, due to its impressive performance and potential for growth. At its core, Smartsheet Inc is all about empowering collaboration and streamlining workflows. Their platform allows teams to work together seamlessly, regardless of location or time zone. By providing a centralized hub for project management, document sharing, and real-time communication, Smartsheet Inc enables businesses to eliminate silos and boost productivity. This is especially crucial in today’s fast-paced and globalized business landscape, where effective collaboration is essential for success. One of the key factors that make Smartsheet Inc stand out in the market is its diverse set of tools. From project planning and tracking to resource management and reporting, their software offers a wide range of features to cater to different business needs.
This versatility makes it attractive to companies of all sizes and industries, as they can customize the platform to fit their specific workflows and processes. Moreover, with a cloud-based platform, Smartsheet Inc allows for seamless integration with other popular business tools such as Microsoft Office and Google Suite. This further enhances the platform’s capabilities, allowing users to work efficiently without having to switch back and forth between different applications. This also makes it more convenient for businesses to adopt Smartsheet Inc into their existing workflows. In conclusion, with its powerful cloud-based platform and extensive set of tools, it’s no surprise that Smartsheet Inc has been catching the attention of trading analysts on platforms like TradingView. As the demand for efficient collaboration and streamlined workflows continues to rise in the business world, Smartsheet Inc is well-positioned to continue its growth and success in the market.
Stock Price
On Thursday, SMARTSHEET INC stock opened at $38.7 and closed at $38.5, showing a slight increase of 0.3% from the previous day’s closing price of $38.4. This is according to TradingView’s technical analysis report, which highlights the positive performance of the company’s stock in the market. One of the key factors contributing to SMARTSHEET INC’s success is its cloud-based platform. This platform has been designed to empower collaboration and streamline workflows for businesses of all sizes. With the rise of remote work and the need for teams to work together seamlessly, a cloud-based platform like Smartsheet’s has become increasingly valuable. The platform allows team members to access and work on projects from anywhere, at any time, making it easier for them to collaborate and stay connected. This not only improves efficiency but also enhances communication and fosters a sense of teamwork within organizations.
Moreover, the platform’s features such as real-time updates, task management, and automated workflows help to streamline processes and reduce manual tasks. This saves time and resources for businesses, allowing them to focus on more important tasks and projects. In addition to empowering collaboration and streamlining workflows, SMARTSHEET INC’s platform also offers advanced analytics and reporting capabilities. This allows businesses to track progress, identify areas for improvement, and make data-driven decisions to drive growth and success. Its positive impact on productivity and efficiency is reflected in the company’s stock performance, making it a promising investment opportunity in the current market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Smartsheet Inc. More…
| Total Revenues | Net Income | Net Margin |
| 913.73 | -138.39 | -15.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Smartsheet Inc. More…
| Operations | Investing | Financing |
| 118.37 | -97.86 | 18.03 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Smartsheet Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.2k | 646.43 | 4.12 |
Key Ratios Snapshot
Some of the financial key ratios for Smartsheet Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 37.2% | – | -16.2% |
| FCF Margin | ROE | ROA |
| 11.5% | -16.9% | -7.7% |
Analysis – Smartsheet Inc Stock Fair Value
As a team at GoodWhale, we have thoroughly analyzed the fundamentals of SMARTSHEET INC and have come to some key conclusions. Our analysis has led us to believe that the intrinsic value of SMARTSHEET INC share is approximately $67.8. This value was calculated using our proprietary Valuation Line, which takes into account various financial factors such as revenue, earnings, and industry trends. Currently, SMARTSHEET INC stock is being traded at $38.5, which indicates that it is undervalued by 43.2%. This means that the current market price does not accurately reflect the true value of the company. This can present a great opportunity for investors as they can potentially purchase stock in SMARTSHEET INC at a discounted price. Furthermore, our analysis has also revealed that SMARTSHEET INC has strong fundamentals and a promising future outlook. With a solid financial standing and a growing market demand for their services, we believe that the company has the potential to continue its upward trajectory. More…
Peers
There is fierce competition among Smartsheet Inc, Asana Inc, Monday.Com Ltd, and Microsoft Corp in the productivity software market. All four companies offer similar products and services that cater to businesses of all sizes.
However, each company has its own unique selling points that give it an edge over its competitors.
– Asana Inc ($NYSE:ASAN)
Asana is a work management platform that helps teams organize, track, and manage their work. It has a market cap of 3.98B as of 2022 and a Return on Equity of -184.09%. Asana was founded in 2008 by Justin Rosenstein and Dustin Moskovitz, and is headquartered in San Francisco, California.
– Monday.Com Ltd ($NASDAQ:MNDY)
Monday.com Ltd has a market cap of $4.38B as of 2022. The company has a Return on Equity of -16.76%. Monday.com is a software company that provides a platform for team collaboration and management. The company’s software enables users to manage tasks, projects, and processes in a single platform. Monday.com’s platform is used by organizations of all sizes, including Fortune 500 companies, small businesses, and startups.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market capitalization of $1.76 trillion as of April 2022 and a return on equity of 45.3%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
Summary
Smartsheet Inc is a cloud-based platform used by organizations for project management, collaboration, and workflow automation. Investors can use technical analysis on trading platforms like TradingView News to make informed decisions about investing in Smartsheet Inc. This involves analyzing the company’s stock price, volume, and other market data to identify patterns and trends that can help predict future performance. Smartsheet’s software has been gaining popularity and its financials show promise, making it an attractive investment option for those looking to capitalize on the growing demand for cloud-based project management solutions. Conducting thorough analysis can help investors make well-informed decisions about buying or selling Smartsheet Inc stock.
