Super Micro Computer Inc (NASDAQ:SMCI)’s traded shares stood at 10.88 million during the latest session, with the company’s beta value hitting 1.28. At the last check today, the stock’s price was $34.42, to imply an increase of 0.26% or $0.09 in intraday trading. The SMCI share’s 52-week high remains $122.90, putting it -257.06% down since that peak but still an impressive 49.88% since price per share fell to its 52-week low of $17.25. The company has a valuation of $20.16B, with an average of 54.84 million shares in intraday trading volume over the past 10 days and average of 83.28 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Super Micro Computer Inc (SMCI), translating to a mean rating of 2.83. Of 10 analyst(s) looking at the stock, 0 analyst(s) give SMCI a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 7 recommend it as a Buy.
Super Micro Computer Inc (NASDAQ:SMCI) trade information
After registering a 0.26% upside in the latest session, Super Micro Computer Inc (SMCI) has traded red over the past five days. The 5-day price performance for the stock is 6.79%, and -10.39% over 30 days. With these gigs, the year-to-date price performance is 21.09%. Short interest in Super Micro Computer Inc (NASDAQ:SMCI) saw shorts transact 89.26 million shares and set a 0.81 days time to cover.
The extremes give us $25 and $100 for target low and target high price respectively. As such, SMCI has been trading -190.53% off suggested target high and 27.37% from its likely low.
Super Micro Computer Inc (SMCI) estimates and forecasts
Looking at statistics comparing Super Micro Computer Inc share performance against respective industry, we note that the company has outperformed competitors. Super Micro Computer Inc (SMCI) shares are -61.34% down over the last 6 months, with its year-to-date growth rate higher than industry average at 42.99% against 21.60%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 70.58% for the past 5-year period. While 2024 is set for a 28.16% return in earnings, projections for the next 5 years are at 37.50% annually.
SMCI Dividends
Super Micro Computer Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Super Micro Computer Inc (NASDAQ:SMCI)’s Major holders
Super Micro Computer Inc insiders hold 14.49% of total outstanding shares, with institutional holders owning 55.03% of the shares at 64.36% float percentage. In total, 55.03% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 5.96 million shares (or 10.5558% of shares), all amounting to roughly $4.88 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 4.02 million shares, or about 7.1135% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.29 billion.
