Smartrent Stock Analysis

SmartRent Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. SmartRent recorded a loss per share of 0.17. The entity last dividend was issued on the 29th of March 2017. The firm had 2:1 split on the 26th of May 1998. SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. SmartRent, Inc. was founded in 2017 and is headquartered in Scottsdale, Arizona. Smartrent operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 6 people. To find out more about SmartRent contact Jay Stein at 844 479 1555 or learn more at https://smartrent.com.

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SmartRent Stock Institutional Investors

Note, although SmartRent's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

SmartRent Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 467.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SmartRent's market, we take the total number of its shares issued and multiply it by SmartRent's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

SmartRent Profitablity

The company has Profit Margin (PM) of (0.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.04) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.04.

Management Efficiency

SmartRent has return on total asset (ROA) of (0.0448) % which means that it has lost $0.0448 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0979) %, meaning that it created substantial loss on money invested by shareholders. SmartRent's management efficiency ratios could be used to measure how well SmartRent manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.1 in 2024. Return On Capital Employed is likely to drop to -0.12 in 2024. At this time, SmartRent's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 27.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 86.1 M in 2024.

Technical Drivers

As of the 23rd of April, SmartRent has the Risk Adjusted Performance of (0.06), variance of 8.12, and Coefficient Of Variation of (962.00). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SmartRent, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for SmartRent, which can be compared to its competition. Please validate SmartRent mean deviation and maximum drawdown to decide if SmartRent is priced more or less accurately, providing market reflects its prevalent price of 2.29 per share. Please also confirm SmartRent jensen alpha, which is currently at (0.47) to double-check the company can sustain itself at a future point.

SmartRent Price Movement Analysis

SmartRent Insider Trading Activities

SmartRent Predictive Daily Indicators

SmartRent Corporate Filings

SmartRent Forecast Models

SmartRent's time-series forecasting models are one of many SmartRent's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SmartRent's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how SmartRent prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SmartRent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as SmartRent. By using and applying SmartRent Stock analysis, traders can create a robust methodology for identifying SmartRent entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SmartRent analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. SmartRent analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

SmartRent stock analysis indicators help investors evaluate how SmartRent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading SmartRent shares will generate the highest return on investment. By understating and applying SmartRent stock analysis, traders can identify SmartRent position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SmartRent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

When running SmartRent's price analysis, check to measure SmartRent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SmartRent is operating at the current time. Most of SmartRent's value examination focuses on studying past and present price action to predict the probability of SmartRent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SmartRent's price. Additionally, you may evaluate how the addition of SmartRent to your portfolios can decrease your overall portfolio volatility.

Is SmartRent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SmartRent. If investors know SmartRent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SmartRent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of SmartRent is measured differently than its book value, which is the value of SmartRent that is recorded on the company's balance sheet. Investors also form their own opinion of SmartRent's value that differs from its market value or its book value, called intrinsic value, which is SmartRent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SmartRent's market value can be influenced by many factors that don't directly affect SmartRent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SmartRent's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartRent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartRent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.