Retailers That Are Scoring Big for Investors
24/7 Wall St. has picked out some of the best performing retail stocks in 2018 and included some color, as well as a recent trading history.
Headquartered in Phoenix, AZ Fiscal year ends December NYSE: SMRT smartrent.com
SmartRent, Inc. (NYSE: SMRT) is a provider of smart communities and smart operations solutions for the rental housing industry. Founded in 2017, the company offers an end-to-end ecosystem of purpose-built software, IoT hardware, and professional implementation services designed to automate property operations, protect assets, and reduce energy consumption for multifamily property owners and operators. SmartRent's product suite includes smart home IoT devices (hub-based smart locks, thermostats, sensors, and lighting), SaaS subscription software for asset monitoring and community management, access control solutions, self-guided tour technology, and Community WiFi. The company serves 15 of the top 20 multifamily operators in the United States, with approximately 930,000 deployed units generating a growing base of annual recurring revenue. SmartRent monetizes through hardware sales, professional installation services, and recurring SaaS subscriptions, with its business model increasingly shifting toward higher-margin recurring revenue streams. The company is publicly traded on the NYSE and is pursuing its Vision 2028 strategic plan targeting one million installed units and expanding its data and analytics capabilities through its network of millions of connected devices. Updated
24/7 Wall St. has picked out some of the best performing retail stocks in 2018 and included some color, as well as a recent trading history.
The back-to-school shopping season is the second-most important of the year for retailers. Sales look to be stronger this year, even accounting for the effects of tropical storm Harvey in the fourth-largest…
Retailers are announcing February U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.1% for the month.
Retailers were announcing January U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.3% for the month.
For the third straight week, insider selling has been nonexistent, while the insider buyers have taken advantage of the market sell-off.
A continuing boom in sales of new cars is keeping shoppers out of the mall and on car dealer lots, according to Retail Metrics.
Shortly after markets opened Thursday morning, Retail Metrics reported that same-store sales in October declined by 0.2%, the seventh time in the last eight months that expectations have been missed.
Retailers are announcing September U.S. same-store sales figures Thursday morning, and research firm Retail Metrics has noted a modest year-over-year gain.
Retailers were announcing August U.S. same-store sales figures Thursday morning. Research firm Retail Metrics projected that overall sales would be down for the month.
The number of retailers reporting same-store sales has declined significantly over the past few years, but the reported numbers do provide a kind of interim report on quarterly performance at the country’s…
July is typically a transition month, with retailers clearing out summer inventory and stocking up with back-to-school items.
ThinkstockMay 21, 2015: Here are four stocks among the 50 equities making new 52-week lows today. NetApp Inc. (NASDAQ: NTAP) dropped about 12.7% on Thursday to post a new 52-week low of…
Retailers are announcing April U.S. same-store sales figures Thursday. Research firm Retail Metrics projected that overall sales would be flat year-over-year
Retailers are announcing March U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 1.1% year-over-year.
The work slowdown at West Coast ports, bad weather in parts of the country and foreign exchange effects were said to be a drag on February U.S. same-store sales.
SmartRent, Inc. (NYSE: SMRT) is a provider of smart communities and smart operations solutions for the rental housing industry.
The Wall Street consensus 12-month price target for SMRT is $1.45.