Loading...

We've got a brand new version of Simply Wall St! Try it out

SharpSpring

Nasdaq:SHSP
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SHSP
Nasdaq
$114M
Market Cap
  1. Home
  2. US
  3. Software
Company description

SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The last earnings update was 4 days ago. More info.


Add to Portfolio Compare Print
  • SharpSpring has significant price volatility in the past 3 months.
SHSP Share Price and Events
7 Day Returns
-1.7%
NasdaqCM:SHSP
-3%
US Software
-1%
US Market
1 Year Returns
-18.1%
NasdaqCM:SHSP
18.4%
US Software
-0.4%
US Market
SHSP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SharpSpring (SHSP) -1.7% 1.7% -45% -18.1% 103.9% 63.1%
US Software -3% -3.9% 0.9% 18.4% 106.6% 142%
US Market -1% -3.3% 0.4% -0.4% 30.4% 37.1%
1 Year Return vs Industry and Market
  • SHSP underperformed the Software industry which returned 18.4% over the past year.
  • SHSP underperformed the Market in United States of America which returned -0.4% over the past year.
Price Volatility
SHSP
Industry
5yr Volatility vs Market
Related Companies

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for SharpSpring. This is due to cash flow or dividend data being unavailable. The share price is $10.42.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SharpSpring's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SharpSpring's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:SHSP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-1.33
NasdaqCM:SHSP Share Price ** NasdaqCM (2019-08-16) in USD $10.42
United States of America Software Industry PE Ratio Median Figure of 83 Publicly-Listed Software Companies 48.57x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SharpSpring.

NasdaqCM:SHSP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:SHSP Share Price ÷ EPS (both in USD)

= 10.42 ÷ -1.33

-7.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 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
Does SharpSpring's expected growth come at a high price?
Raw Data
NasdaqCM:SHSP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
13.1%per year
United States of America Software Industry PEG Ratio Median Figure of 68 Publicly-Listed Software Companies 2.86x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for SharpSpring, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SharpSpring's assets?
Raw Data
NasdaqCM:SHSP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $2.60
NasdaqCM:SHSP Share Price * NasdaqCM (2019-08-16) in USD $10.42
United States of America Software Industry PB Ratio Median Figure of 228 Publicly-Listed Software Companies 5.69x
United States of America Market PB Ratio Median Figure of 5,265 Publicly-Listed Companies 1.7x
NasdaqCM:SHSP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:SHSP Share Price ÷ Book Value per Share (both in USD)

= 10.42 ÷ 2.60

4.01x

* Primary Listing of SharpSpring.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SharpSpring is good value based on assets compared to the US Software industry average.
X
Value checks
We assess SharpSpring's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. SharpSpring has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SharpSpring expected to grow at an attractive rate?
  • 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.
Growth vs Market Checks
  • 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.
  • SharpSpring's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:SHSP Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:SHSP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 13.1%
NasdaqCM:SHSP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 27.4%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 15.6%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:SHSP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:SHSP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 71 -4 -6 1
2022-12-31 52 -5 -8 1
2021-12-31 39 -7 -9 1
2020-12-31 28 -7 -8 6
2019-12-31 23 -8 -11 6
NasdaqCM:SHSP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 21 -7 -12
2019-03-31 20 -5 -10
2018-12-31 19 -4 -9
2018-09-30 17 -3 -8
2018-06-30 16 -3 -7
2018-03-31 15 -4 -5
2017-12-31 13 -4 -5
2017-09-30 13 -6 -7
2017-06-30 12 -9 -7
2017-03-31 12 -8 -6
2016-12-31 12 -7 -6
2016-09-30 11 -4 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SharpSpring is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • SharpSpring's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:SHSP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from SharpSpring Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SHSP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 -0.62 -0.62 -0.62 1.00
2022-12-31 -0.78 -0.78 -0.78 1.00
2021-12-31 -0.92 -0.92 -0.92 1.00
2020-12-31 -0.75 -0.53 -0.98 5.00
2019-12-31 -1.13 -1.06 -1.19 5.00
NasdaqCM:SHSP Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -1.33
2019-03-31 -1.20
2018-12-31 -1.11
2018-09-30 -0.94
2018-06-30 -0.77
2018-03-31 -0.63
2017-12-31 -0.56
2017-09-30 -0.82
2017-06-30 -0.78
2017-03-31 -0.72
2016-12-31 -0.72
2016-09-30 -0.97

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if SharpSpring will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess SharpSpring's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SharpSpring has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has SharpSpring performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SharpSpring's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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.
Earnings and Revenue History
SharpSpring's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SharpSpring Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:SHSP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 20.87 -12.09 18.72 4.82
2019-03-31 19.79 -10.32 17.70 4.61
2018-12-31 18.65 -9.48 16.71 4.30
2018-09-30 17.27 -7.97 15.84 3.86
2018-06-30 15.81 -6.54 13.93 3.45
2018-03-31 14.61 -5.34 12.92 3.17
2017-12-31 13.45 -4.67 12.02 2.88
2017-09-30 12.53 -6.90 11.05 2.72
2017-06-30 12.13 -6.54 10.68 2.63
2017-03-31 11.78 -5.92 10.15 2.46
2016-12-31 11.54 -5.72 9.58 2.28
2016-09-30 11.29 -7.42 9.22 2.15
2016-06-30 10.67 -7.82 9.25 1.96
2016-03-31 10.05 -9.37 8.97 1.85
2015-12-31 9.18 -9.62 8.59 1.73
2015-09-30 9.48 -6.37 8.80 1.68
2015-06-30 8.72 -4.84 7.44 1.39
2015-03-31 7.93 -2.49 6.19 1.08
2014-12-31 7.50 -0.84 4.97 0.80
2014-09-30 6.12 0.62 3.49 0.41
2014-06-30 5.96 1.04 2.79 0.35
2014-03-31 5.87 1.27 2.59 0.26
2013-12-31 5.75 1.27 2.53 0.23
2013-09-30 5.63 1.24 2.56 0.27
2013-06-30 5.52 1.24 2.35 0.29
2013-03-31 5.48 1.09 2.32 0.34
2012-12-31 5.35 1.07 2.16 0.40
2012-09-30 5.17 0.96 1.96 0.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • 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.
  • 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.
  • 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.
X
Past performance checks
We assess SharpSpring's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SharpSpring has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is SharpSpring's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SharpSpring's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 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.
Balance sheet
This treemap shows a more detailed breakdown of SharpSpring's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • SharpSpring has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SharpSpring Company Filings, last reported 1 month ago.

NasdaqCM:SHSP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 28.42 0.00 16.00
2019-03-31 21.47 8.44 17.75
2018-12-31 12.79 8.34 9.32
2018-09-30 14.63 8.26 11.18
2018-06-30 16.25 8.16 12.54
2018-03-31 18.10 8.05 12.26
2017-12-31 19.93 0.00 5.40
2017-09-30 19.10 0.00 6.32
2017-06-30 20.51 0.00 7.20
2017-03-31 21.62 0.00 7.73
2016-12-31 22.92 0.00 8.65
2016-09-30 25.04 0.00 11.62
2016-06-30 26.16 0.00 15.34
2016-03-31 13.01 0.00 3.20
2015-12-31 13.40 0.00 4.16
2015-09-30 17.08 0.00 4.48
2015-06-30 14.84 0.00 1.82
2015-03-31 11.22 0.00 2.16
2014-12-31 12.25 0.00 2.83
2014-09-30 11.38 0.00 5.88
2014-06-30 11.91 0.00 11.45
2014-03-31 12.23 0.00 11.81
2013-12-31 1.88 0.00 1.73
2013-09-30 1.58 0.00 1.27
2013-06-30 1.14 0.00 0.94
2013-03-31 0.95 0.00 0.70
2012-12-31 0.74 0.00 0.78
2012-09-30 0.51 0.00 0.56
  • 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.
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.
X
Financial health checks
We assess SharpSpring's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SharpSpring has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from SharpSpring dividends.
If you bought $2,000 of SharpSpring shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:SHSP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:SHSP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
NasdaqCM:SHSP Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2016-11-14 0.000 0.000
2016-11-08 0.000 0.000
2016-08-15 0.000 0.000
2016-08-09 0.000 0.000
2016-05-12 0.000 0.000
2016-05-04 0.000 0.000
2016-03-30 0.000 0.000
2016-02-17 0.000 0.000
2015-11-13 0.000 0.000
2015-11-10 0.000 0.000
2015-11-04 0.000 0.000
2015-08-04 0.000 0.000
2015-08-03 0.000 0.000
2015-05-15 0.000 0.000
2015-05-11 0.000 0.000
2015-03-31 0.000 0.000
2015-03-04 0.000 0.000
2014-11-05 0.480 8.201
2014-08-08 0.480 7.606
2014-05-06 0.480 7.832
2014-02-13 0.480 7.681
2013-11-07 0.480 7.484
2013-08-01 0.460 8.700
2013-04-30 0.360 7.068
2013-02-14 0.360 6.211
2012-10-31 0.360 5.746
2012-08-03 0.300 6.111
2012-05-14 0.260 5.775

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 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
What portion of SharpSpring's earnings are paid to the shareholders as a dividend.
  • 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.
X
Income/ dividend checks
We assess SharpSpring's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SharpSpring afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SharpSpring has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rick Carlson
COMPENSATION $640,526
AGE 46
TENURE AS CEO 3.8 years
CEO Bio

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 August 01, 2015 to October 1, 2015. Mr. Carlson served as the President of SharpSpring, Inc., a wholly owned subsidiary of SMTP, Inc. from November 7, 2014 to August 1, 2015. From December 2011 to August 15, 2014, he served as the President of SharpSpring, LLC. From April 2009 to December 2011, he served as the Managing Director of US Operations for Panda Security. He has been a Director of SMTP, Inc., since October 1, 2015.

CEO Compensation
  • Rick's compensation has increased whilst company is loss making.
  • Rick's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the SharpSpring management team in years:

0.8
Average Tenure
46
Average Age
  • The average tenure for the SharpSpring management team is less than 2 years, this suggests a new team.
Management Team

Rick Carlson

TITLE
CEO, President & Director
COMPENSATION
$641K
AGE
46
TENURE
3.8 yrs

Brad Stanczak

TITLE
Chief Financial Officer
COMPENSATION
$862K
AGE
47
TENURE
0.7 yrs

Travis Whitton

TITLE
Chief Technology Officer
COMPENSATION
$328K
AGE
39
TENURE
5 yrs

Thomas Duffaut

TITLE
Chief Operating Officer
TENURE
0.8 yrs

Kim Jamerson

TITLE
Head of Marketing
TENURE
0.8 yrs

- James

TITLE
Vice President of Global Sales
TENURE
0.6 yrs

Jeff Imm

TITLE
Chief Revenue Officer
TENURE
0.8 yrs

- Aaron

TITLE
Corporate Controller
TENURE
1.6 yrs

- Nicole

TITLE
Director of Partner Marketing
TENURE
0.8 yrs

- Daniel

TITLE
Director of Partnerships
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the SharpSpring board of directors in years:

2.1
Average Tenure
55
Average Age
  • The average tenure for the SharpSpring board of directors is less than 3 years, this suggests a new board.
Board of Directors

Steve Huey

TITLE
Chairman
COMPENSATION
$34K
AGE
53
TENURE
2.1 yrs

Rick Carlson

TITLE
CEO, President & Director
COMPENSATION
$641K
AGE
46
TENURE
3.8 yrs

Dave Buckel

TITLE
Independent Director
COMPENSATION
$34K
AGE
57
TENURE
5.6 yrs

Marietta Davis

TITLE
Director
COMPENSATION
$34K
AGE
59
TENURE
2.1 yrs

Dan Allen

TITLE
Director
COMPENSATION
$68K
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • SharpSpring individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Jun 19 Sell North Peak Capital Management, LLC Company 17. Jun 19 17. Jun 19 -291,494 $12.25 $-3,570,802
18. Jun 19 Sell Daniel Allen Individual 17. Jun 19 17. Jun 19 -1,244,150 $12.25 $-15,240,838
18. Jun 19 Sell Evercel, Inc. Company 17. Jun 19 17. Jun 19 -519,304 $12.25 $-6,361,474
14. Jun 19 Buy David Buckel Individual 23. Apr 19 23. Apr 19 1,000 $12.80 $12,800
13. Jun 19 Buy Cat Rock Capital Management LP Company 13. Jun 19 13. Jun 19 19,000 $13.00 $247,000
31. May 19 Sell Travis Whitton Individual 29. May 19 30. May 19 -21,079 $15.00 $-315,197
31. May 19 Sell Richard Carlson Individual 29. May 19 31. May 19 -30,000 $14.95 $-442,644
08. Mar 19 Buy Cat Rock Capital Management LP Company 07. Mar 19 07. Mar 19 76,000 $13.00 $988,000
11. Sep 18 Sell Richard Carlson Individual 10. Sep 18 11. Sep 18 -18,665 $13.67 $-249,959
01. Oct 18 Buy Cat Rock Capital Management LP Company 17. Jul 18 27. Sep 18 414,105 $13.57 $5,328,120
X
Management checks
We assess SharpSpring's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SharpSpring has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can We See Significant Insider Ownership On The SharpSpring, Inc. (NASDAQ:SHSP) Share Register?

SharpSpring is a smaller company with a market capitalization of US$116m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for SharpSpring NasdaqCM:SHSP Ownership Summary, July 19th 2019 What Does The Institutional Ownership Tell Us About SharpSpring? … Insider Ownership Of SharpSpring The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

SharpSpring, Inc. (NASDAQ:SHSP) Insiders Have Been Selling

So shareholders might well want to know whether insiders have been buying or selling shares in SharpSpring, Inc. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for SharpSpring SharpSpring Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider sale was by the CEO, President & Director, Richard Carlson, for US$250k worth of shares, at about US$13.67 per share. … NasdaqCM:SHSP Recent Insider Trading, May 28th 2019 If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies.

Simply Wall St -

One Thing To Remember About The SharpSpring, Inc. (NASDAQ:SHSP) Share Price

This is reasonably close to the market beta of 1, so the stock has in the past displayed similar levels of volatility to the overall market. … If the future looks like the past, we could therefore consider it likely that the stock price will experience share price volatility that is roughly similar to the overall market. … That makes it somewhat unusual that it has a beta value so close to the overall market.

Simply Wall St -

Does SharpSpring, Inc. (NASDAQ:SHSP) Have A Particularly Volatile Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Imagine Holding SharpSpring (NASDAQ:SHSP) Shares While The Price Zoomed 320% Higher

SharpSpring isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … It's always tempting to take profits after a share price gain like that, but high-growth companies like SharpSpring can sometimes sustain strong growth for many years.

Simply Wall St -

Is SharpSpring, Inc.'s (NASDAQ:SHSP) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like SharpSpring, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Software industry,.

Simply Wall St -

Have Insiders Been Selling SharpSpring, Inc. (NASDAQ:SHSP) Shares This Year?

The Last 12 Months Of Insider Transactions At SharpSpring. … In the last twelve months, the biggest single sale by an insider was when CEO, President Richard Carlson sold US$250k worth of shares at a price of US$13.67 per share. … When an insider sells below the current price, it does tend to make us wonder about the current valuation

Simply Wall St -

How Much is SharpSpring, Inc.'s (NASDAQ:SHSP) CEO Getting Paid?

Rick Carlson has been the CEO of SharpSpring, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Rick Carlson's Compensation Compare With Similar Sized Companies?

Simply Wall St -

What Percentage Of SharpSpring, Inc. (NASDAQ:SHSP) Shares Do Insiders Own?

(NASDAQ:SHSP), then you'll have to look at the makeup of its share registry. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … institutions are noticeable on the share registry.

Simply Wall St -

Was SharpSpring Inc's (NASDAQ:SHSP) Earnings Decline Part Of A Broader Industry Downturn?

Assessing SharpSpring Inc's (NASDAQ:SHSP) past track record of performance is a valuable exercise for investors. … Today I will assess SHSP's recent performance announced on 30 September 2018 and evaluate these figures to its longer term trend and industry movements. … SHSP is loss-making, with the most recent trailing twelve-month earnings of -US$8m (from 30 September 2018), which compared to last year has become.

Simply Wall St -

Company Info

Description

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 its products and services through sales teams and third party resellers. The company was formerly known as SMTP, Inc. and changed its name to SharpSpring, Inc. in December 2015. SharpSpring, Inc. was founded in 1998 and is headquartered in Gainesville, Florida.

Details
Name: SharpSpring, Inc.
SHSP
Exchange: NasdaqCM
Founded: 1998
$114,058,216
10,946,086
Website: http://sharpspring.com
Address: SharpSpring, Inc.
5001 Celebration Pointe Avenue,
Suite 410,
Gainesville,
Florida, 32608,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM SHSP Common Stock Nasdaq Capital Market US USD 02. May 2011
Number of employees
Current staff
Staff numbers
187
SharpSpring employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/18 00:18
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/08/12
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.