Smith Micro Software (SMSI) Stock Price, News & Analysis

Company Overview

Smith Micro Software, Inc. engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging. It also offers ViewSpot, a retail display management platform that provides on-screen and interactive demos to wireless carriers and other smartphone retailers; and technical support and customer services. Smith Micro Software, Inc. was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.

Key Stats

• Today's Range: $0.90 to $1.00
• 50-Day Range: $0.69 to $1.02
• 52-Week Range: $0.52 to $7.52
• Volume: 386,722 shs
• Average Volume: 1.07 million shs
• Market Capitalization: $11.49 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Buy

Smith Micro Software Stock Analysis - MarketRank™

Smith Micro Software scored higher than 83% of companies evaluated by MarketBeat, and ranked 151st out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Smith Micro Software has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Smith Micro Software has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Smith Micro Software are expected to grow in the coming year, from ($1.83) to ($0.62) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Smith Micro Software is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Smith Micro Software is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Smith Micro Software has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.73% of the float of Smith Micro Software has been sold short.

Short Interest Ratio / Days to Cover

Smith Micro Software has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Smith Micro Software has recently increased by 7.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Smith Micro Software does not currently pay a dividend.

Dividend Growth

Smith Micro Software does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -0.61

Percentage of Shares Shorted

2.73% of the float of Smith Micro Software has been sold short.

Short Interest Ratio / Days to Cover

Smith Micro Software has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Smith Micro Software has recently increased by 7.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: N/A

News Sentiment

Smith Micro Software has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Smith Micro Software this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Smith Micro Software to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Smith Micro Software insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,857.00 in company stock.

Percentage Held by Insiders

20.48% of the stock of Smith Micro Software is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.80% of the stock of Smith Micro Software is held by institutions.

SMSI Stock Analysis - Frequently Asked Questions

How have SMSI shares performed this year?

Smith Micro Software's stock was trading at $6.6080 at the beginning of the year. Since then, SMSI shares have decreased by 85.3% and is now trading at $0.9694.
View the best growth stocks for 2024 here.

How were Smith Micro Software's earnings last quarter?

Smith Micro Software, Inc. (NASDAQ:SMSI) issued its quarterly earnings results on Thursday, August, 1st. The software maker reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by $0.14. The software maker had revenue of $5.14 million for the quarter, compared to analysts' expectations of $5.40 million. Smith Micro Software had a negative trailing twelve-month return on equity of 36.69% and a negative net margin of 210.99%.

When did Smith Micro Software's stock split?

Smith Micro Software's stock reverse split before market open on Thursday, April 11th 2024. The 1-8 reverse split was announced on Thursday, April 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, April 11th 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Does Smith Micro Software have any subsidiaries?

Smith Micro Software subsidiaries include iMobileMagic, Birdstep Technology ASA, Avot Media, Core Mobility, MxPlay, PCTEL Inc Mobility Solutions Group, e frontier America, and others.

Who are Smith Micro Software's major shareholders?

Top institutional investors of Smith Micro Software include Virtu Financial LLC (0.32%) and XTX Topco Ltd (0.22%). Insiders that own company stock include William W Smith Jr, James M Kempton, Andrew Arno, Gregory J Szabo, Samuel Gulko, Thomas G Campbell and Chetan Sharma.
View institutional ownership trends.

How do I buy shares of Smith Micro Software?

Shares of SMSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Smith Micro Software own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Smith Micro Software investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), Advanced Micro Devices (AMD), CrowdStrike (CRWD), General Electric (GE) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:SMSI
• CUSIP: N/A
• CIK: 948708
• Web: www.smithmicro.com
• Phone: (412) 837-5300
• Fax: 949-362-2300
• Employees: 231
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $5.00
• High Stock Price Target: $5.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +415.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($5.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-24,400,000.00
• Net Margins: -210.99%
• Pretax Margin: -210.28%
• Return on Equity: -36.69%
• Return on Assets: -30.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.00
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $24.18 million
• Price / Sales: 0.48
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.06 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 11,857,000
• Free Float: 9,429,000
• Market Cap: $11.49 million
• Optionable: Optionable
• Beta: 0.76