Smith Micro Software Inc

Company Profile

Smith Micro Software Inc had its IPO on 1995-09-18 under the ticker symbol SMSI.

The company operates in the Technology sector and Software-Application industry. Smith Micro Software Inc has a staff strength of 315 employees.

Stock update

Shares of Smith Micro Software Inc opened at $1.17 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $1.16 - $1.23, and closed at $1.22.

This is a +2.52% increase from the previous day's closing price.

A total volume of 261,000 shares were traded at the close of the day’s session.

In the last one week, shares of Smith Micro Software Inc have slipped by -0.81%.

Smith Micro Software Inc's Key Ratios

Smith Micro Software Inc has a market cap of $75.57 million, indicating a price to book ratio of 1.3759 and a price to sales ratio of 2.2044.

In the last 12-months Smith Micro Software Inc’s revenue was $46.71 million with a gross profit of $34.30 million and an EBITDA of $-23567000. The EBITDA ratio measures Smith Micro Software Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Smith Micro Software Inc’s operating margin was -65.99% while its return on assets stood at -18.63% with a return of equity of -34.71%.

In Q1, Smith Micro Software Inc’s quarterly earnings growth was a negative -84% while revenue growth was a negative 14.2%.

Smith Micro Software Inc’s PE and PEG Ratio

Forward PE

66.2252

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.5 per share while it has a forward price to earnings multiple of 66.2252 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Smith Micro Software Inc’s profitability.

Smith Micro Software Inc stock is trading at a EV to sales ratio of 2.1985 and a EV to EBITDA ratio of -5.2735. Its price to sales ratio in the trailing 12-months stood at 2.2044.

Smith Micro Software Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$98.26 million

Total Liabilities

$20.25 million

Operating Cash Flow

$3000.00

Capital Expenditure

$0

Dividend Payout Ratio

0%

Smith Micro Software Inc ended 2023 with $98.26 million in total assets and $0 in total liabilities. Its intangible assets were valued at $98.26 million while shareholder equity stood at $73.88 million.

Smith Micro Software Inc ended 2023 with $178000.00 in deferred long-term liabilities, $20.25 million in other current liabilities, 61000.00 in common stock, $-288439000.00 in retained earnings and $35.04 million in goodwill. Its cash balance stood at $8.72 million and cash and short-term investments were $8.72 million. The company’s total short-term debt was $11,076,000 while long-term debt stood at $0.

Smith Micro Software Inc’s total current assets stands at $23.23 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $11.19 million compared to accounts payable of $3.12 million and inventory worth $0.

In 2023, Smith Micro Software Inc's operating cash flow was $3000.00 while its capital expenditure stood at $0.

Comparatively, Smith Micro Software Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.22

52-Week High

$3.47

52-Week Low

$0.9526

Analyst Target Price

$3.5

Smith Micro Software Inc stock is currently trading at $1.22 per share. It touched a 52-week high of $3.47 and a 52-week low of $3.47. Analysts tracking the stock have a 12-month average target price of $3.5.

Its 50-day moving average was $1.18 and 200-day moving average was $2.03 The short ratio stood at 7.48 indicating a short percent outstanding of 0%.

Around 1190.5% of the company’s stock are held by insiders while 1586.5% are held by institutions.