The closing price of Super Micro Computer Inc (NASDAQ: SMCI) was $1068.83 for the day, down -5.42% from the previous closing price of $1130.11. In other words, the price has decreased by -$61.28 from its previous closing price. On the day, 16643699 shares were traded.
Ratios:
Our analysis of SMCI’s different ratios will help us gain a deeper understanding of the company. 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, Argus on March 06, 2024, initiated with a Buy rating and assigned the stock a target price of $1350.
On March 04, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $941.
On February 15, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $1040.BofA Securities initiated its Buy rating on February 15, 2024, with a $1040 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 01 ’24 when FAIRFAX DANIEL W sold 300 shares for $881.88 per share. The transaction valued at 264,564 led to the insider holds 19,787 shares of the business.
TUAN SHERMAN sold 5,000 shares of SMCI for $4,369,884 on Feb 29 ’24. The Director now owns 22,113 shares after completing the transaction at $873.98 per share. On Feb 15 ’24, another insider, KAO GEORGE, who serves as the SVP, OPERATIONS of the company, sold 1,884 shares for $993.00 each. As a result, the insider received 1,870,812 and left with 8,496 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 59.78B and an Enterprise Value of 59.44B. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.54, and their Forward P/E ratio for the next fiscal year is 36.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.46 while its Price-to-Book (P/B) ratio in mrq is 19.42. Its current Enterprise Value per Revenue stands at 6.42 whereas that against EBITDA is 65.54.
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 $87.25. The 50-Day Moving Average of the stock is 705.53, while the 200-Day Moving Average is calculated to be 380.18.
Shares Statistics:
SMCI traded an average of 10.11M shares per day over the past three months and 10.88M shares per day over the past ten days. A total of 52.90M shares are outstanding, with a floating share count of 47.58M. Insiders hold about 14.93% of the company’s shares, while institutions hold 71.37% stake in the company. Shares short for SMCI as of Feb 29, 2024 were 4.05M with a Short Ratio of 0.40, compared to 5.03M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.24% and a Short% of Float of 9.64%.
Earnings Estimates
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $5.75 for the current quarter, with a high estimate of $6.12 and a low estimate of $5.2, while EPS last year was $1.63. The consensus estimate for the next quarter is $7.1, with high estimates of $7.53 and low estimates of $6.83.
Analysts are recommending an EPS of between $22.45 and $21.42 for the fiscal current year, implying an average EPS of $21.93. EPS for the following year is $30.2, with 12 analysts recommending between $37.84 and $21.59.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for SMCI’s current fiscal year. The highest revenue estimate was $14.82B, while the lowest revenue estimate was $14.3B, resulting in an average revenue estimate of $14.54B. In the same quarter a year ago, actual revenue was $7.12B, up 104.10% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $20.22B 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 39.10% from the average revenue estimate for this year.
