In last trading session, SMART Global Holdings Inc (NASDAQ:SGH) saw 0.86 million shares changing hands with its beta currently measuring 1.75. Company’s recent per share price level of $18.63 trading at $0.12 or 0.65% at ring of the bell on the day assigns it a market valuation of $974.35M. That closing price of SGH’s stock is at a discount of -60.98% from its 52-week high price of $29.99 and is indicating a premium of 32.05% from its 52-week low price of $12.66. Taking a look at company’s average trading volume volume of 1.09 million if we extend that period to 3-months.
SMART Global Holdings Inc (NASDAQ:SGH) trade information
Upright in the green during last session for gaining 0.65%, in the last five days SGH remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $18.63 price level, adding 4.17% to its value on the day. SMART Global Holdings Inc’s shares saw a change of -1.58% in year-to-date performance and have moved 1.58% in past 5-day. SMART Global Holdings Inc (NASDAQ:SGH) showed a performance of -26.91% in past 30-days.
SMART Global Holdings Inc (SGH) estimates and forecasts
Statistics highlight that SMART Global Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 36.68% of value to its shares in past 6 months, showing an annual growth rate of -50.00% while that of industry is 4.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -18.00% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 300M for the same. And 4 analysts are in estimates of company making revenue of 335.97M in the next quarter.
In 2024, company’s earnings growth rate is likely to be around -52.52% while estimates for its earnings growth in next 5 years are of -11.99%.
SGH Dividends
SMART Global Holdings Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
