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After finishing at $42.65 in the prior trading day, Super Micro Computer Inc (NASDAQ: SMCI) closed at $38.61, down -9.47%. In other words, the price has decreased by -$9.47 from its previous closing price. On the day, 133.97 million shares were traded. SMCI stock price reached its highest trading level at $42.39 during the session, while it also had its lowest trading level at $38.425.
Ratios:
Our goal is to gain a better understanding of SMCI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 3.77. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.32.
On November 06, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $50 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 03 ’24 when FAIRFAX DANIEL W sold 300 shares for $802.00 per share. The transaction valued at 240,600 led to the insider holds 18,887 shares of the business.
LIU TALLY C sold 500 shares of SMCI for $419,586 on May 30 ’24. The Director now owns 27,813 shares after completing the transaction at $839.17 per share. On May 01 ’24, another insider, FAIRFAX DANIEL W, who serves as the Director of the company, sold 300 shares for $777.36 each. As a result, the insider received 233,208 and left with 19,187 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMCI now has a Market Capitalization of 22608664576 and an Enterprise Value of 23163979776. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.40, and their Forward P/E ratio for the next fiscal year is 11.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 4.44. Its current Enterprise Value per Revenue stands at 1.55 whereas that against EBITDA is 17.756.
Stock Price History:
The Beta on a monthly basis for SMCI is 1.25, which has changed by -0.5156436 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, SMCI has reached a high of $122.90, while it has fallen to a 52-week low of $17.25. The 50-Day Moving Average of the stock is 13.68%, while the 200-Day Moving Average is calculated to be -28.83%.
Shares Statistics:
The stock has traded on average 69.45M shares per day over the past 3-months and 55933970 shares per day over the last 10 days, according to various share statistics. A total of 585.57M shares are outstanding, with a floating share count of 501.11M. Insiders hold about 14.42% of the company’s shares, while institutions hold 52.36% stake in the company. Shares short for SMCI as of 1738281600 were 91656968 with a Short Ratio of 1.11, compared to 1735603200 on 78960087. Therefore, it implies a Short% of Shares Outstanding of 91656968 and a Short% of Float of 20.53.
