In the latest session, Super Micro Computer Inc (NASDAQ: SMCI) closed at $1124.70 up 3.10% from its previous closing price of $1090.83. In other words, the price has increased by $+33.87 from its previous closing price. On the day, 11786517 shares were traded. SMCI stock price reached its highest trading level at $1,169.49 during the session, while it also had its lowest trading level at $1,092.00.
Ratios:
For a deeper understanding of Super Micro Computer Inc’s stock, let’s take a closer look at its various 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, Argus on Mar-07-24, 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:
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 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 61.08B and an Enterprise Value of 60.74B. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 87.91, and their Forward P/E ratio for the next fiscal year is 38.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.80 while its Price-to-Book (P/B) ratio in mrq is 20.44. Its current Enterprise Value per Revenue stands at 6.56 whereas that against EBITDA is 66.98.
Stock Price History:
Over the past 52 weeks, SMCI has reached a high of $1155.00, while it has fallen to a 52-week low of $87.25. The 50-Day Moving Average of the stock is 570.93, while the 200-Day Moving Average is calculated to be 342.33.
Shares Statistics:
For the past three months, SMCI has traded an average of 9.49M shares per day and 13.45M over the past ten days. A total of 52.90M shares are outstanding, with a floating share count of 47.52M. Insiders hold about 15.05% of the company’s shares, while institutions hold 71.29% stake in the company. Shares short for SMCI as of Feb 15, 2024 were 5.3M with a Short Ratio of 0.56, compared to 5.09M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.47% and a Short% of Float of 12.61%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of $5.72 for the current quarter, with a high estimate of $6.04 and a low estimate of $5.2, while EPS last year was $1.63. The consensus estimate for the next quarter is $7.12, with high estimates of $7.53 and low estimates of $6.88.
Analysts are recommending an EPS of between $22.42 and $21.42 for the fiscal current year, implying an average EPS of $21.89. EPS for the following year is $29.56, with 10 analysts recommending between $37.84 and $21.59.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for SMCI’s current fiscal year. The highest revenue estimate was $14.61B, while the lowest revenue estimate was $14.3B, resulting in an average revenue estimate of $14.47B. In the same quarter a year ago, actual revenue was $7.12B, up 103.10% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $19.77B in the next fiscal year. The high estimate is $24.02B and the low estimate is $16.56B. The average revenue growth estimate for next year is up 36.60% from the average revenue estimate for this year.
