The price of Super Micro Computer Inc (NASDAQ: SMCI) closed at $898.49 in the last session, down -4.14% from day before closing price of $937.28. On the day, 3276523 shares were traded.
Ratios:
We take a closer look at SMCI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, JP Morgan on March 25, 2024, initiated with a Overweight rating and assigned the stock a target price of $1150.
On March 06, 2024, Argus started tracking the stock assigning a Buy rating and target price of $1350.
On March 04, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $941.Goldman initiated its Neutral rating on March 04, 2024, with a $941 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when FAIRFAX DANIEL W sold 300 shares for $1010.00 per share. The transaction valued at 303,000 led to the insider holds 19,487 shares of the business.
FAIRFAX DANIEL W sold 300 shares of SMCI for $264,564 on Mar 01 ’24. The Director now owns 19,787 shares after completing the transaction at $881.88 per share. On Feb 29 ’24, another insider, TUAN SHERMAN, who serves as the Director of the company, sold 5,000 shares for $873.98 each. As a result, the insider received 4,369,884 and left with 22,113 shares of the company.
Valuation Measures:
As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.23, and their Forward P/E ratio for the next fiscal year is 29.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.69 while its Price-to-Book (P/B) ratio in mrq is 16.33.
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 $93.19.
Shares Statistics:
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 70.56% stake in the company.
Earnings Estimates
The company has Super Micro Computer, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $50.01, with high estimates of $26.74 and low estimates of $20.68.
