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SHSP

SharpSpringNasdaqCM:SHSP Stock Report

Market Cap

US$220.4m

7D

0.1%

1Y

48.2%

Updated

01 Sep, 2021

Data

Company Financials +
SHSP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SHSP Overview

SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide.

SharpSpring Competitors

Adobe

NasdaqGS:ADBE

US$302.6b

Trade Desk

NasdaqGM:TTD

US$39.0b

HubSpot

NYSE:HUBS

US$37.2b

Mitek Systems

NasdaqCM:MITK

US$844.4m

Price History & Performance

Summary of all time highs, changes and price drops for SharpSpring
Historical stock prices
Current Share PriceUS$17.10
52 Week HighUS$9.27
52 Week LowUS$26.78
Beta1.84
1 Month Change0.83%
3 Month Change29.35%
1 Year Change48.18%
3 Year Change24.55%
5 Year Change271.74%
Change since IPO-56.71%

Recent News & Updates

Shareholder Returns

SHSPUS SoftwareUS Market
7D0.1%6.0%4.0%
1Y48.2%35.7%30.5%

Return vs Industry: SHSP exceeded the US Software industry which returned 27.7% over the past year.

Return vs Market: SHSP exceeded the US Market which returned 28.4% over the past year.

Price Volatility

Is SHSP's price volatile compared to industry and market?
SHSP volatility
SHSP Beta1.84
Industry Beta0.97
Market Beta1

Stable Share Price: SHSP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SHSP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998250Rick Carlsonhttps://sharpspring.com

SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The company offers SharpSpring, a marketing automation Software as a Service platform that uses features, such as web tracking, lead scoring, and automated workflow, as well as enables a business to store, manage, and optimize customer and prospect data in a cloud-based environment; and SharpSpring Mail+ product, a subset of the full suite solution, which focuses on traditional email marketing. It also provides Perfect Audience, a cloud-based platform that offers display retargeting software products and services.

SharpSpring Fundamentals Summary

How do SharpSpring's earnings and revenue compare to its market cap?
SHSP fundamental statistics
Market CapUS$220.36m
Earnings (TTM)-US$6.81m
Revenue (TTM)US$31.06m

6.8x

P/S Ratio

-30.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHSP income statement (TTM)
RevenueUS$31.06m
Cost of RevenueUS$7.70m
Gross ProfitUS$23.36m
ExpensesUS$30.17m
Earnings-US$6.81m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.56
Gross Margin75.22%
Net Profit Margin-21.92%
Debt/Equity Ratio5.0%

How did SHSP perform over the long term?

See historical performance and comparison

Valuation

Is SharpSpring undervalued compared to its fair value and its price relative to the market?

5.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SHSP's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SHSP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SHSP is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: SHSP is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SHSP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SHSP is good value based on its PB Ratio (5.7x) compared to the US Software industry average (6.9x).


Future Growth

How is SharpSpring forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-22.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHSP is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SHSP is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SHSP is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SHSP's revenue (17.3% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: SHSP's revenue (17.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SHSP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has SharpSpring performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHSP is currently unprofitable.

Growing Profit Margin: SHSP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SHSP is unprofitable, and losses have increased over the past 5 years at a rate of 5.2% per year.

Accelerating Growth: Unable to compare SHSP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SHSP is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.2%).


Return on Equity

High ROE: SHSP has a negative Return on Equity (-17.76%), as it is currently unprofitable.


Financial Health

How is SharpSpring's financial position?


Financial Position Analysis

Short Term Liabilities: SHSP's short term assets ($28.2M) exceed its short term liabilities ($6.7M).

Long Term Liabilities: SHSP's short term assets ($28.2M) exceed its long term liabilities ($7.4M).


Debt to Equity History and Analysis

Debt Level: SHSP's debt to equity ratio (5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SHSP's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SHSP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SHSP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.6% each year


Dividend

What is SharpSpring current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SHSP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SHSP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SHSP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SHSP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SHSP is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SHSP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Rick Carlson (48 yo)

5.83yrs

Tenure

US$1,003,826

Compensation

Mr. Richard Alan Carlson, also known as Rick, has been the Chief Executive Officer and director of SharpSpring, Inc. since October 1, 2015 and served as its President until May 1, 2021. From August 1, 2015...


CEO Compensation Analysis

Compensation vs Market: Rick's total compensation ($USD1.00M) is about average for companies of similar size in the US market ($USD1.08M).

Compensation vs Earnings: Rick's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SHSP's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: SHSP's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.5%.


Top Shareholders

Company Information

SharpSpring, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: SharpSpring, Inc.
  • Ticker: SHSP
  • Exchange: NasdaqCM
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$220.362m
  • Shares outstanding: 12.89m
  • Website: https://sharpspring.com

Number of Employees


Location

  • SharpSpring, Inc.
  • 5001 Celebration Pointe Avenue
  • Suite 410
  • Gainesville
  • Florida
  • 32608
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/01 22:32
End of Day Share Price2021/09/01 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.