SmartRent Inc (SMRT)

NYSE
Currency in USD
1.340
-0.020(-1.47%)
Closed
After Hours
1.400+0.060(+4.478%)
SMRT Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
1.3301.430
52 wk Range
1.1703.110
Key Statistics
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Prev. Close
1.36
Open
1.36
Day's Range
1.33-1.43
52 wk Range
1.17-3.11
Volume
1.05M
Average Volume (3m)
990.7K
1-Year Change
-54.97%
Book Value / Share
1.51
Fair Value
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Fair Value Upside
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SMRT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
2.275
Upside
+69.78%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet
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SmartRent Company Profile

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, rental units, asset protection and monitoring, self-guided tours, parking management, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.

SmartRent Inc SWOT Analysis


Activist Catalyst
Explore how Land & Buildings' 3% stake acquisition and call for a sale could potentially drive a 150% premium, reshaping SmartRent's future trajectory
Financial Resilience
Delve into SmartRent's robust balance sheet, featuring $215 million in cash and no debt, providing strategic flexibility in a competitive market
Growth Projections
Analysts forecast revenue growth from $236 million in FY2023 to $375 million in FY2025, with EBITDA potentially turning positive at $30 million
Market Positioning
Learn how SmartRent's blue-chip customer base and IoT solutions for multi-family properties position it for growth in the expanding smart home secto
Read full SWOT analysis

SmartRent Inc Earnings Call Summary for Q1/2024

  • Q1 revenue hit $50.5M, SaaS up 32% YoY; adjusted EBITDA positive at $400K, beating guidance
  • Deployed units up 24% YoY to 750K; Q2 revenue forecast $49-55M, adjusted EBITDA -$500K to +$500K
  • 2024 guidance unchanged: $260-290M revenue, $5-8M adjusted EBITDA; expanding Community WiFi offerings
  • Strong demand for WiFi solutions; improved hardware margins from increased Hub-plus-Devices shipments
  • Cautious operator spending and deployment delays noted; considering enhanced SaaS revenue guidance
Last Updated: 09-05-2024, 07:20 pm
Read Full Transcript

Compare SMRT to Peers and Sector

Metrics to compare
SMRT
Peers
Sector
Relationship
P/E Ratio
−10.1x−1.4x11.7x
PEG Ratio
−0.190.000.01
Price/Book
0.8x0.6x2.4x
Price / LTM Sales
1.3x2.2x2.2x
Upside (Analyst Target)
34.3%147.9%22.1%
Fair Value Upside
Unlock32.3%2.9%Unlock

Analyst Ratings

0 Buy
4 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 2.275
(+69.78% Upside)

Earnings

Latest Release
Nov 06, 2024
EPS / Forecast
-0.05 / -0.02
Revenue / Forecast
40.50M / 45.94M
EPS Revisions
Last 90 days

FAQ

What Is the SmartRent (SMRT) Stock Price Today?

The SmartRent stock price today is 1.34.

What Stock Exchange Does SmartRent Trade On?

SmartRent is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for SmartRent?

The stock symbol for SmartRent is "SMRT."

What Is the SmartRent Market Cap?

As of today, SmartRent market cap is 259.01M.

What is SmartRent Earnings Per Share?

The SmartRent EPS is -0.126.

What Is the Next SmartRent Earnings Date?

SmartRent will release its next earnings report on 04 Mar 2025.

From a Technical Analysis Perspective, Is SMRT a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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