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After finishing at $402.40 in the prior trading day, Super Micro Computer Inc (NASDAQ: SMCI) closed at $419.74, up 4.31%. In other words, the price has increased by $4.31 from its previous closing price. On the day, 10.72 million shares were traded. SMCI stock price reached its highest trading level at $423.97 during the session, while it also had its lowest trading level at $400.0.
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.
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 this company, Needham on September 18, 2024, initiated with a Buy rating and assigned the stock a target price of $600.
On September 17, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $450.
JP Morgan Downgraded its Overweight to Neutral on September 06, 2024, whereas the target price for the stock was revised from $950 to $500.
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 24578504704 and an Enterprise Value of 25138243584. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.09, and their Forward P/E ratio for the next fiscal year is 9.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 4.82. Its current Enterprise Value per Revenue stands at 1.682 whereas that against EBITDA is 19.269.
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 $226.59. The 50-Day Moving Average of the stock is -24.20%, while the 200-Day Moving Average is calculated to be -40.36%.
Shares Statistics:
The stock has traded on average 7.87M shares per day over the past 3-months and 7840927 shares per day over the last 10 days, according to various share statistics. A total of 52.90M shares are outstanding, with a floating share count of 50.19M. Insiders hold about 14.28% of the company’s shares, while institutions hold 54.32% stake in the company. Shares short for SMCI as of 1726185600 were 8717190 with a Short Ratio of 1.11, compared to 1723680000 on 7695625. Therefore, it implies a Short% of Shares Outstanding of 8717190 and a Short% of Float of 19.520001.