In the latest session, SMART Global Holdings Inc (NASDAQ: SGH) closed at $19.54 up 0.51% from its previous closing price of $19.44. On the day, 1558967 shares were traded.
Ratios:
For a deeper understanding of SMART Global Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.56. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 1.98 whereas as Long-Term Debt/Eq ratio is at 1.98.
On June 30, 2022, Needham reiterated its Buy rating and also upped its target price recommendation from $45 to $40.
Rosenblatt reiterated its Buy rating for the stock on December 27, 2021, while the target price for the stock was revised from $75 to $100.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 11 ’24 when Adams Mark bought 10,000 shares for $18.79 per share. The transaction valued at 187,896 led to the insider holds 29,640 shares of the business.
Pacheco Jack A sold 2,500 shares of SGH for $50,061 on Feb 20 ’24. The EVP, COO, Pres, Mem Solutions now owns 220,007 shares after completing the transaction at $20.02 per share. On Feb 13 ’24, another insider, HERSCHER PENNY, who serves as the Director of the company, sold 842 shares for $21.62 each. As a result, the insider received 18,207 and left with 11,871 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.52.
Stock Price History:
Over the past 52 weeks, SGH has reached a high of $29.99, while it has fallen to a 52-week low of $12.66.
Shares Statistics:
A total of 51.90M shares are outstanding, with a floating share count of 50.50M. Insiders hold about 3.44% of the company’s shares, while institutions hold 104.73% stake in the company.
Earnings Estimates
There are VanEck Semiconductor ETF different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $22.73, with high estimates of $19.54 and low estimates of $18.26.
Analysts are recommending an EPS of between $Technology and $Healthcare for the fiscal current year, implying an average EPS of $Consumer Cyclical.
