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Inspecting the $-0.15 Earnings Estimates for Smartsheet Inc. (:SMAR)

Investors may be sizing up shares of Smartsheet Inc. (:SMAR). After a recent check, we see that the current quarter EPS consensus estimate provided by Zacks is standing at -0.15. This EPS estimate is comprised of 8 sell-side analysts polled by Zacks. For the last reporting period, the company posted a quarterly EPS of -0.12. Analysts and investors will be closely studying the next round of company earnings reports. Consistent success on the earnings front may point to the company moving in the right direction. On the flip side, a company that has strung together a few bad quarters may ring the warning bells for interested investors.

Investors will most likely make plenty of mistakes when dealing with the equity market. Learning from these mistakes is what will propel the individual forward. Those who don’t learn from their mistakes are destined to repeat, and failure might be right around the corner. Every investor strives to spot that uncovered stock before it explodes. However, chasing returns from big winners that have already made their moves may end up leaving the investor befuddled. Even though a stock has been hot, there is no guarantee that it will stay hot. Many investors may get stock tips from friends or colleagues. Of course the tips may be legitimate, but they could just be irrelevant. When it comes to stock picking strategies, investors might be best served to make sure that they have done the actual research themselves. Making trades based on tips or rumors may place the investor in a tough spot for future market success. 

In the fast paced world of stock market investing, individuals are always looking for information to help provide an edge. Many investors will study sell-side analyst opinions to help assist with navigating the market. Turning the attention to shares of Smartsheet Inc. (:SMAR), we can see that the current average broker rating is now 1.27. This rating is provided by Zacks Research using a scale from 1 to 5. Following this scale, a 1 would indicate a Strong Buy and a 5 would represent a Strong Sell rating. Digging a little deeper, we can see that out of the polled analysts, 10 rated the stock a Strong Buy or Buy. This average broker rating may help investors decide if they feel the same way about the stock as the professionals.

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Investors might be trying to gauge which way shares of Smartsheet Inc. (:SMAR) will swing over the next couple of quarters. In recent trading activity, the stock has been seen near the $47.4 level. Many investors pay increased attention to shares when they are nearing notable historical highs or lows. Over the past 52 weeks, the stock has touched a high price of 54.94, and seen a low price of 21.61. Looking at some additional historical stock price information, we note that shares have seen a move 14.19% over the previous 12 weeks. If we pull in closer to look at performance over the past month, we see that shares have seen a change of -10.3%. Over the last 5 trading sessions, the stock has moved -5.03%. Investors will most likely be keeping their eyes peeled to see how the stock performs heading into the next round of earnings reports.

Following all the swirling information about publically traded companies can be quite a task. Every day there may be new pieces of news that emerge about a specific company. The prudent investor is typically able to keep abreast of the information, but most importantly figure out what news is worth paying attention to, and what news should be filtered out. Keeping a sharp eye on earnings reports and fundamental company data can play a big part in picking the right stocks for the portfolio. Once the numbers have been crunched, investors should be able to see things a little bit clearer and know what the general feel for the stock is. Of course there will be stocks that look good after thorough examination but still fail to perform as expected. 

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