Smith Micro Software Stock Today

SMSI Stock  USD 0.86  0.10  13.16%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Over 54

 
High
 
Low
Average
Smith Micro is trading at 0.86 as of the 26th of November 2024. This is a 13.16 percent increase since the beginning of the trading day. The stock's open price was 0.76. Smith Micro has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Smith Micro Software are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
18th of September 1995
Category
Technology
Classification
Information Technology
Smith Micro Software, Inc. develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide. The company was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania. Smith Micro operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 17.74 M outstanding shares of which 318.36 K shares are at this time shorted by private and institutional investors with about 1.11 trading days to cover. More on Smith Micro Software

Moving together with Smith Stock

  0.69U Unity Software TrendingPairCorr

Moving against Smith Stock

  0.58VERB VERB TECHNOLOGY PANY TrendingPairCorr
  0.55EGAN eGainPairCorr
  0.46DV DoubleVerify HoldingsPairCorr
  0.42EB Eventbrite Class APairCorr
  0.38VCSA Vacasa IncPairCorr
  0.38DTRK DATATRAK InternationalPairCorr

Smith Stock Highlights

ChairmanWilliam Smith
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.450.4775
Notably Down
Slightly volatile
Gross Profit Margin0.620.7416
Fairly Down
Very volatile
Total Current Liabilities7.1 M7.6 M
Significantly Down
Pretty Stable
Non Current Liabilities Total3.9 M2.5 M
Way Up
Slightly volatile
Total Assets66.9 M85.6 M
Significantly Down
Slightly volatile
Total Current Assets16 M16.9 M
Notably Down
Pretty Stable
Debt Levels
Smith Micro can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Smith Micro's financial leverage. It provides some insight into what part of Smith Micro's total assets is financed by creditors.
Liquidity
Smith Micro Software currently holds 3.26 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Smith Micro Software has a current ratio of 1.87, which is within standard range for the sector. Note, when we think about Smith Micro's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(407,400)
Smith Micro Software (SMSI) is traded on NASDAQ Exchange in USA. It is located in 5800 Corporate Drive, Pittsburgh, PA, United States, 15237 and employs 231 people. Smith Micro is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.26 M. Smith Micro Software conducts business under Software sector and is part of Information Technology industry. The entity has 17.74 M outstanding shares of which 318.36 K shares are at this time shorted by private and institutional investors with about 1.11 trading days to cover. Smith Micro Software currently holds about 5.36 M in cash with (6.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check Smith Micro Probability Of Bankruptcy
Ownership Allocation
Smith Micro Software shows a total of 17.74 Million outstanding shares. Smith Micro Software maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Smith Ownership Details

Smith Stock Institutional Holders

InstituionRecorded OnShares
Two Sigma Investments Llc2024-09-30
11.4 K
Lindbrook Capital, Llc2024-09-30
9.2 K
Tower Research Capital Llc2024-06-30
8.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
7.7 K
Simplex Trading, Llc2024-06-30
5.7 K
Ubs Group Ag2024-06-30
862
Wells Fargo & Co2024-06-30
812
West Paces Advisors Inc2024-09-30
346
Steward Partners Investment Advisory, Llc2024-06-30
183
Pacific Ridge Capital Partners, Llc2024-09-30
234.5 K
Vanguard Group Inc2024-09-30
90.8 K
View Smith Micro Diagnostics

Smith Micro Historical Income Statement

As of now, Smith Micro's Gross Profit is increasing as compared to previous years. The Smith Micro's current Selling General Administrative is estimated to increase to about 15.6 M, while Other Operating Expenses is projected to decrease to under 47.8 M. View More Fundamentals

Smith Stock Against Markets

Smith Micro Corporate Management

When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Smith Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smith Micro Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Application Software space 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 Smith Micro. If investors know Smith 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 Smith Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Earnings Share
(4.94)
Revenue Per Share
3.252
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.19)
The market value of Smith Micro Software is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.