Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Super Micro Computer Inc (NASDAQ: SMCI) closed the day trading at $782.70 up 2.65% from the previous closing price of $762.52. In other words, the price has increased by $2.65 from its previous closing price. On the day, 5.22 million shares were traded. SMCI stock price reached its highest trading level at $801.45 during the session, while it also had its lowest trading level at $768.0.
Ratios:
For a better understanding of SMCI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.29 and its Current Ratio is at 4.69. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
On March 25, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $1150.
On March 06, 2024, Argus started tracking the stock assigning a Buy rating and target price of $1350.Argus initiated its Buy rating on March 06, 2024, with a $1350 target price.
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 May 01 ’24 when FAIRFAX DANIEL W sold 300 shares for $777.36 per share. The transaction valued at 233,208 led to the insider holds 19,187 shares of the business.
Liu Liang Chiu-Chu Sara sold 525 shares of SMCI for $456,552 on Apr 29 ’24. The Director now owns 3,459 shares after completing the transaction at $869.62 per share. On Apr 29 ’24, another insider, Liang Charles, who serves as the President and CEO of the company, sold 525 shares for $869.62 each. As a result, the insider received 456,552 and left with 3,459 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 45827399680 and an Enterprise Value of 43953483776. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.93, and their Forward P/E ratio for the next fiscal year is 23.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.88 while its Price-to-Book (P/B) ratio in mrq is 14.22. Its current Enterprise Value per Revenue stands at 3.719 whereas that against EBITDA is 37.033.
Stock Price History:
Over the past 52 weeks, SMCI has reached a high of $1229.00, while it has fallen to a 52-week low of $114.32. The 50-Day Moving Average of the stock is -17.37%, while the 200-Day Moving Average is calculated to be 60.03%.
Shares Statistics:
Over the past 3-months, SMCI traded about 10.28M shares per day on average, while over the past 10 days, SMCI traded about 8691180 shares per day. A total of 52.90M shares are outstanding, with a floating share count of 50.20M. Insiders hold about 14.27% of the company’s shares, while institutions hold 69.41% stake in the company. Shares short for SMCI as of 1713139200 were 2912575 with a Short Ratio of 0.28, compared to 1710460800 on 4031101. Therefore, it implies a Short% of Shares Outstanding of 2912575 and a Short% of Float of 6.52.
