SmartRent Inc Stock Gains 0.57%, Receives Neutral Rating From InvestorsObserver
June 21, 2023
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SMARTRENT ($NYSE:SMRT): SmartRent Inc is a leading provider of rental software and smart home automation solutions for the residential rental industry. On Tuesday, InvestorsObserver Sentiment Indicator gave SmartRent Inc stock a Neutral rating, and its value has risen by 0.57% over the past week. InvestorsObserver has a “Neutral” rating for SmartRent Inc stock, which indicates that market sentiment is currently neutral and holds a moderate upside potential for the stock. With strong fundamentals and a solid growth story, this could be an opportune time to buy SmartRent Inc stock.
Furthermore, the company is also actively expanding its product suite and partnerships to further strengthen its presence in the rental market. Therefore, investors should look into SmartRent Inc more closely and consider whether Tuesday is the right time to buy the stock. With a Neutral rating from InvestorsObserver, a 0.57% gain in value over the past week, and strong fundamentals, SmartRent Inc looks to have excellent long-term potential for investment value growth.
Analysis
GoodWhale recently conducted an analysis of SMARTRENT’s wellbeing. After careful research and evaluation, we have given SMARTRENT a Risk Rating of medium, which speaks to its financial and business aspects. During our assessment, GoodWhale detected two risk warnings in the company’s cashflow statement and financial journal. We invite you to register on GoodWhale.com to view our full assessment and get a more detailed understanding of SMARTRENT’s wellbeing. SmartRent_Inc_Stock_Gains_0.57_Receives_Neutral_Rating_From_InvestorsObserver”>More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Smartrent. More…
| Total Revenues | Net Income | Net Margin |
| 195.54 | -86.14 | -44.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Smartrent. More…
| Operations | Investing | Financing |
| -63.68 | -13.05 | -5.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Smartrent. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 536.34 | 181.72 | 1.78 |
Key Ratios Snapshot
Some of the financial key ratios for Smartrent are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -46.7% |
| FCF Margin | ROE | ROA |
| -33.0% | -15.9% | -10.6% |
Peers
The competition in the smart home technology market is heating up. SmartRent Inc, a leading provider of smart home technology, is up against some stiff competition from the likes of iWOW Technology Ltd, Cepton Inc, and Guotai Epoint Sofware Co Ltd. While each company has its own strengths and weaknesses, it is clear that SmartRent Inc is the one to watch in this space.
– iWOW Technology Ltd ($SGX:NXR)
As of 2022, iWOW Technology Ltd has a market cap of 60.1M and a Return on Equity of 38.22%. The company provides technology solutions for the home entertainment industry. Its products include home theater systems, Blu-ray players, and streaming media players.
– Cepton Inc ($NASDAQ:CPTN)
As of 2022, Cepton Inc has a market capitalization of 384.35 million and a return on equity of 31.21%. The company is a leading provider of 3D sensing solutions for a variety of applications, including automotive, industrial, consumer, and security. Cepton’s 3D sensing technology enables customers to create products and experiences that were not possible before, and the company is committed to delivering the highest quality 3D sensing solutions to its customers.
– Guotai Epoint Sofware Co Ltd ($SHSE:688232)
Guotai Epoint Sofware Co Ltd is a Chinese software company with a market cap of 19.96B as of 2022. The company has a Return on Equity of 7.68%. Guotai Epoint Sofware Co Ltd develops software for the financial industry. The company’s products include banking software, securities software, and insurance software.
Summary
SmartRent Inc is a stock that has seen solid performance in the past week, with a 0.57% increase in price. As measured by the InvestorsObserver Sentiment Indicator, the stock is given a Neutral rating. This suggests that there may be some potential for gains in the near future, but investors should also be aware of the risks involved. It is important to do your own research and to understand the fundamentals of the company before investing.
Additionally, investors should regularly monitor the stock for news and updates, as this can affect stock prices. Overall, SmartRent Inc appears to be a decent investment opportunity with some potential for profits in the short-term.
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