Super Micro Computer Inc (NASDAQ:SMCI) has a beta value of 1.28 and has seen 82.14 million shares traded in the last trading session. The company, currently valued at $18.82B, closed the last trade at $33.44 per share which meant it lost -$3.01 on the day or -8.26% during that session. The SMCI stock price is -267.52% off its 52-week high price of $122.90 and 48.42% above the 52-week low of $17.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 110.7 million shares traded. The 3-month trading volume is 83.64 million shares.
The consensus among analysts is that Super Micro Computer Inc (SMCI) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 10 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.75.
Super Micro Computer Inc (NASDAQ:SMCI) trade information
Sporting -8.26% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SMCI stock price touched $33.44 or saw a rise of 22.95%. Year-to-date, Super Micro Computer Inc shares have moved 17.64%, while the 5-day performance has seen it change -24.28%. Over the past 30 days, the shares of Super Micro Computer Inc (NASDAQ:SMCI) have changed 85.67%. Short interest in the company has seen 89.26 million shares shorted with days to cover at 0.81.
Wall Street analysts have a consensus price target for the stock at $45, which means that the shares’ value could jump 25.69% from current levels. The projected low price target is $25.0 while the price target rests at a high of $100.0. In that case, then, we find that the current price level is -199.04% off the targeted high while a plunge would see the stock lose 25.24% from current levels.
Super Micro Computer Inc (SMCI) estimates and forecasts
Figures show that Super Micro Computer Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -62.32% over the past 6 months, with this year growth rate of 49.77%, compared to 24.20% for the industry. Revenue growth from the last financial year stood is estimated to be 67.17%.
6 analysts offering their estimates for the company have set an average revenue estimate of 5.95B for the current quarter. 8 have an estimated revenue figure of 5.77B for the next ending quarter. Year-ago sales stood 2.12B and 3.66B respectively for this quarter and the next, and analysts expect sales will grow by 180.73% for the current quarter and 67.17% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 70.58% over the past 5 years. Earnings growth for 2024 is a modest 30.49% while over the next 5 years, the company’s earnings are expected to increase by 37.50%.
SMCI Dividends
Super Micro Computer Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Super Micro Computer Inc (NASDAQ:SMCI)’s Major holders
Insiders own 14.49% of the company shares, while shares held by institutions stand at 55.00% with a share float percentage of 64.32%. Investors are also buoyed by the number of investors in a company, with Super Micro Computer Inc having a total of 1012.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 5.96 million shares worth more than $4.88 billion. As of 2024-06-30, VANGUARD GROUP INC held 10.5558% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 4.02 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.29 billion and represent 7.1135% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . As of Sep 30, 2024 , the former fund manager holds about 31.61% shares in the company for having 15.77 shares of worth $527.29 million while later fund manager owns 13.19 shares of worth $441.06 million as of Sep 30, 2024 , which makes it owner of about 26.44% of company’s outstanding stock.
