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The closing price of Super Micro Computer Inc (NASDAQ: SMCI) was $33.33 for the day, up 10.92% from the previous closing price of $30.05. In other words, the price has increased by $10.92 from its previous closing price. On the day, 33.9 million shares were traded. SMCI stock price reached its highest trading level at $33.4499 during the session, while it also had its lowest trading level at $30.1287.
Ratios:
Our analysis of SMCI’s different ratios will help us gain a deeper understanding of the company. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on November 06, 2024, Downgraded its rating to Underweight and sets its target price to $23 from $50 previously.
On September 18, 2024, Needham started tracking the stock assigning a Buy rating and target price of $600.Needham initiated its Buy rating on September 18, 2024, with a $600 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 19516882944 and an Enterprise Value of 20065253376. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.75, and their Forward P/E ratio for the next fiscal year is 9.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 3.83. Its current Enterprise Value per Revenue stands at 1.343 whereas that against EBITDA is 15.38.
Stock Price History:
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 0.58%, while the 200-Day Moving Average is calculated to be -46.09%.
Shares Statistics:
SMCI traded an average of 78.66M shares per day over the past three months and 36945500 shares per day over the past ten days. A total of 585.57M shares are outstanding, with a floating share count of 501.16M. Insiders hold about 14.41% of the company’s shares, while institutions hold 53.94% stake in the company. Shares short for SMCI as of 1734048000 were 91565901 with a Short Ratio of 1.16, compared to 1731628800 on 87615446. Therefore, it implies a Short% of Shares Outstanding of 91565901 and a Short% of Float of 20.51.
