NasdaqCM:SHSP

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with limited growth.

Risks

  • SharpSpring has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has SharpSpring's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

14.2%

NasdaqCM:SHSP

-1.0%

US Software

-1.6%

US Market


1 Year Return

-16.9%

NasdaqCM:SHSP

13.9%

US Software

-3.0%

US Market

SHSP underperformed the Software industry which returned 13.9% over the past year.

SHSP underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

SHSPIndustryMarket
7 Day14.2%-1.0%-1.6%
30 Day19.5%-6.8%-5.7%
90 Day-27.0%1.6%0.2%
1 Year-16.9%-16.9%15.5%13.9%-0.8%-3.0%
3 Year134.3%134.3%111.0%102.7%38.1%29.1%
5 Year88.4%84.8%156.4%137.9%50.8%34.1%

Price Volatility Vs. Market

How volatile is SharpSpring's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SharpSpring undervalued based on future cash flows and its price relative to the stock market?

4.58x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for SharpSpring to establish if it is available at moderate discount.

Unable to calculate intrinsic value for SharpSpring to establish if it is available at substantial discount.


Price Based on Earnings

SharpSpring is loss making, we can't compare its value to the US Software industry average.

SharpSpring is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for SharpSpring, we can't assess if its growth is good value.


Price Based on Value of Assets

SharpSpring is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

How is SharpSpring expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

13.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

SharpSpring's revenue is expected to grow significantly at over 20% yearly.

SharpSpring is not considered high growth as it is expected to be loss making for the next 1-3 years.

SharpSpring's revenue growth is expected to exceed the United States of America market average.

Unable to compare SharpSpring's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare SharpSpring's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if SharpSpring will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has SharpSpring performed over the past 5 years?

-25.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SharpSpring does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare SharpSpring's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare SharpSpring's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if SharpSpring has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if SharpSpring has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if SharpSpring improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is SharpSpring's financial position?


Financial Position Analysis

SharpSpring is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SharpSpring's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

SharpSpring has no debt.

SharpSpring currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

SharpSpring has no debt, it does not need to be covered by short term assets.


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.

SharpSpring has sufficient cash runway for 1.9 years based on current free cash flow.

SharpSpring has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of -2.2% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate SharpSpring's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate SharpSpring's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as SharpSpring has not reported any payouts.

Unable to verify if SharpSpring's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as SharpSpring has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of SharpSpring's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Rick Carlson (46yo)

3.8yrs

Tenure

US$640,526

Compensation

Mr. Richard Alan Carlson, also known as Rick, has been the Chief Executive Officer of SharpSpring, Inc. since October 1, 2015 and serves as its President. Mr. Carlson served as President of SMTP, Inc. from ...


CEO Compensation Analysis

Rick's remuneration is about average for companies of similar size in United States of America.

Rick's compensation has increased whilst company is loss making.


Management Age and Tenure

0.8yrs

Average Tenure

46yo

Average Age

The average tenure for the SharpSpring management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.0yrs

Average Tenure

53yo

Average Age

The average tenure for the SharpSpring board of directors is less than 3 years, this suggests a new board.


Insider Trading

SharpSpring individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$3,570,80219 Jun 19
North Peak Capital Management, LLC
EntityCompany
Shares291,494
Max PriceUS$12.25
SellUS$6,361,47418 Jun 19
Evercel, Inc.
EntityCompany
Shares519,304
Max PriceUS$12.25
SellUS$15,240,83818 Jun 19
Daniel Allen
EntityIndividual
Shares1,244,150
Max PriceUS$12.25
BuyUS$12,80014 Jun 19
David Buckel
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$12.80
BuyUS$247,00013 Jun 19
Cat Rock Capital Management LP
EntityCompany
Shares19,000
Max PriceUS$13.00
SellUS$315,19731 May 19
Travis Whitton
EntityIndividual
Role
Chief Technology Officer
Chief Technology Officer
Shares21,079
Max PriceUS$15.00
SellUS$442,64431 May 19
Richard Carlson
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares30,000
Max PriceUS$14.95
BuyUS$988,00008 Mar 19
Cat Rock Capital Management LP
EntityCompany
Shares76,000
Max PriceUS$13.00
BuyUS$5,328,12001 Oct 18
Cat Rock Capital Management LP
EntityCompany
Shares414,105
Max PriceUS$13.57
SellUS$249,95911 Sep 18
Richard Carlson
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares18,665
Max PriceUS$13.67

Ownership Breakdown


Management Team

  • Rick Carlson (46yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$640.53k
  • Travis Whitton (39yo)

    Chief Technology Officer

    • Tenure: 5.0yrs
    • Compensation: US$327.57k
  • Jeff Imm

    Chief Revenue Officer

    • Tenure: 0.8yrs
  • Brad Stanczak (47yo)

    Chief Financial Officer

    • Tenure: 0.7yrs
    • Compensation: US$862.16k
  • Thomas Duffaut

    Chief Operating Officer

    • Tenure: 0.8yrs
  • Kim Jamerson

    Head of Marketing

    • Tenure: 0.8yrs
  • - Nicole

    Director of Partner Marketing

    • Tenure: 0.8yrs
  • - Daniel

    Director of Partnerships

    • Tenure: 1.6yrs
  • - Aaron

    Corporate Controller

    • Tenure: 1.6yrs
  • - James

    Vice President of Global Sales

    • Tenure: 0.6yrs

Board Members

  • Dave Buckel (57yo)

    Independent Director

    • Tenure: 5.6yrs
    • Compensation: US$33.56k
  • Marietta Davis (59yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$33.56k
  • Steve Huey (53yo)

    Chairman

    • Tenure: 2.1yrs
    • Compensation: US$33.56k
  • Rick Carlson (46yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$640.53k
  • Scott Miller (48yo)

    Independent Director

    • Tenure: 0.0yrs

Company Information

SharpSpring, Inc.'s company bio, 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$130.258m
  • Shares outstanding: 10.95m
  • Website: https://sharpspring.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHSPNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMay 2011

Biography

SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The company offers SharpSpring, a marketing automation solution for small and mid-size businesses. It markets and sells i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:24
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.