NasdaqCM:SHSP

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with limited growth.


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

Stable Share Price: SHSP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.2%

SHSP

-5.3%

US Software

-0.04%

US Market


1 Year Return

-3.9%

SHSP

39.1%

US Software

17.1%

US Market

Return vs Industry: SHSP underperformed the US Software industry which returned 39.1% over the past year.

Return vs Market: SHSP underperformed the US Market which returned 17.1% over the past year.


Shareholder returns

SHSPIndustryMarket
7 Day5.2%-5.3%-0.04%
30 Day2.1%-1.7%5.1%
90 Day10.1%14.1%19.5%
1 Year-3.9%-3.9%39.9%39.1%19.6%17.1%
3 Year149.5%149.5%139.8%132.1%42.5%33.3%
5 Year75.9%75.9%232.3%213.4%75.1%56.2%

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 compared to its fair value and its price relative to the market?

3.74x

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 (3.7x) compared to the US Software industry average (7.2x).


Next Steps

Future Growth

How is SharpSpring forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

37.6%

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 (21.9% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: SHSP's revenue (21.9% per year) is forecast to grow faster 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


Next Steps

Past Performance

How has SharpSpring performed over the past 5 years?

-14.9%

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 14.9% 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 (11.5%).


Return on Equity

High ROE: SHSP has a negative Return on Equity (-37.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is SharpSpring's financial position?


Financial Position Analysis

Short Term Liabilities: SHSP's short term assets ($16.2M) exceed its short term liabilities ($6.6M).

Long Term Liabilities: SHSP's short term assets ($16.2M) exceed its long term liabilities ($5.3M).


Debt to Equity History and Analysis

Debt Level: SHSP's debt to equity ratio (6.7%) 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 a year based on its current free cash flow.

Forecast Cash Runway: SHSP has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 35.9% each year.


Next Steps

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?

1.8yrs

Average management tenure


CEO

Rick Carlson (47 yo)

4.83yrs

Tenure

US$589,295

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. From August 1, 2015 to October 1, 2015, he served ...


CEO Compensation Analysis

Compensation vs Market: Rick's total compensation ($USD589.30K) is about average for companies of similar size in the US market ($USD589.03K).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Richard Carlson
CEO, President & Director4.83yrsUS$589.30k3.89%
$ 4.1m
Travis Whitton
CTO & Co-Founderno dataUS$329.22k1.44%
$ 1.5m
Michael Power
Executive Officer0.083yrUS$847.24k0.041%
$ 43.4k
Aaron Jackson
Interim CFO & Corporate Controller0.083yrno datano data
Thomas Duffaut
Chief Operating Officer1.83yrsno datano data
Kim Jamerson
Vice President of Marketing1.83yrsno datano data
- James
Vice President of Global Sales1.58yrsno datano data
Alana Christou
Director of HRno datano datano data
Jeffrey Imm
Chief Revenue Officer1.83yrsno datano data
- Dru
Head of User Experience1.58yrsno datano data
- Nicole
Director of Partner Marketing1.75yrsno datano data
- Marshall
Director of Partnerships2.58yrsno datano data

1.8yrs

Average Tenure

47yo

Average Age

Experienced Management: SHSP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard Carlson
CEO, President & Director4.83yrsUS$589.30k3.89%
$ 4.1m
David Buckel
Independent Director6.58yrsUS$37.87k0.22%
$ 230.6k
Marietta Davis
Independent Director3.08yrsUS$37.87k0.096%
$ 100.9k
Steven Huey
Independent Chairman3.08yrsUS$42.87k0.13%
$ 135.0k
Scott Miller
Independent Director1yrUS$93.05kno data

3.1yrs

Average Tenure

54yo

Average Age

Experienced Board: SHSP's board of directors are considered experienced (3.1 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 5.5%.


Top Shareholders

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$105.297m
  • Shares outstanding: 11.53m
  • 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
399DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2011

Biography

SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The company offers SharpSpring, a marketing automation Software as Service platform that uses features, such as web track ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 00:11
End of Day Share Price2020/08/12 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.