Super Micro Computer Inc (NASDAQ: SMCI) closed the day trading at $948.02 down -1.04% from the previous closing price of $957.99. In other words, the price has decreased by -$9.97 from its previous closing price. On the day, 5310602 shares were traded.
Ratios:
For a better understanding of SMCI, let’s look at its different ratios. 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:
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 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:
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 55.51B and an Enterprise Value of 55.17B. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.10, and their Forward P/E ratio for the next fiscal year is 31.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.00 while its Price-to-Book (P/B) ratio in mrq is 17.23. Its current Enterprise Value per Revenue stands at 5.96 whereas that against EBITDA is 60.83.
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. The 50-Day Moving Average of the stock is 881.71, while the 200-Day Moving Average is calculated to be 432.61.
Shares Statistics:
Over the past 3-months, SMCI traded about 11.03M shares per day on average, while over the past 10 days, SMCI traded about 5.39M shares per day. A total of 52.90M shares are outstanding, with a floating share count of 49.81M. Insiders hold about 14.93% of the company’s shares, while institutions hold 68.13% stake in the company. Shares short for SMCI as of Mar 15, 2024 were 4.03M with a Short Ratio of 0.37, compared to 5.3M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.13% and a Short% of Float of 9.45%.
Earnings Estimates
Current recommendations for the stock of the company come from 12 analysts. On average, analysts expect EPS of $5.84 for the current quarter, with a high estimate of $6.94 and a low estimate of $5.2, while EPS last year was $1.63. The consensus estimate for the next quarter is $7.19, with high estimates of $7.69 and low estimates of $6.69.
Analysts are recommending an EPS of between $23.46 and $21.42 for the fiscal current year, implying an average EPS of $22.1. EPS for the following year is $30.82, with 13 analysts recommending between $37.84 and $21.59.
Revenue Estimates
A total of 14 analysts have provided revenue estimates for SMCI’s current fiscal year. The highest revenue estimate was $15.3B, while the lowest revenue estimate was $14.36B, resulting in an average revenue estimate of $14.66B. In the same quarter a year ago, actual revenue was $7.12B, up 105.80% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $20.74B in the next fiscal year. The high estimate is $25.17B and the low estimate is $16.56B. The average revenue growth estimate for next year is up 41.50% from the average revenue estimate for this year.
