During the recent session, Super Micro Computer Inc (NASDAQ:SMCI)’s traded shares were 20.53 million, with the beta value of the company hitting 1.25. At the last check today, the stock’s price was $38.74, reflecting an intraday loss of -2.36% or -$0.94. The 52-week high for the SMCI share is $122.90, that puts it down -217.24 from that peak though still a striking 55.47% gain since the share price plummeted to a 52-week low of $17.25. The company’s market capitalization is $22.69B, and the average intraday trading volume over the past 10 days was 81.21 million shares, and the average trade volume was 72.72 million shares over the past three months.
Super Micro Computer Inc (SMCI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.70. SMCI has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.75.
Super Micro Computer Inc (NASDAQ:SMCI) trade information
Super Micro Computer Inc (SMCI) registered a -2.36% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.36% in intraday trading to $38.74, hitting a weekly high. The stock’s 5-day price performance is 14.49%, and it has moved by 26.91% in 30 days. Based on these gigs, the overall price performance for the year is -49.88%. The short interest in Super Micro Computer Inc (NASDAQ:SMCI) is 91.66 million shares and it means that shorts have 2.8 day(s) to cover.
The consensus price target of analysts on Wall Street is $41.25, which implies an increase of 6.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $100 respectively. As a result, SMCI is trading at a discount of -158.13% off the target high and 35.47% off the low.
Super Micro Computer Inc (SMCI) estimates and forecasts
In the rating firms’ projections, revenue will increase 59.86% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.95B as predicted by 3 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 5.68B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.12B and 3.66B respectively. In this case, analysts expect current quarter sales to grow by 180.77% and then jump by 55.08% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 70.58%. While earnings are projected to return 21.93% in 2025, the next five years will return 21.99% per annum.
SMCI Dividends
Super Micro Computer Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Super Micro Computer Inc (NASDAQ:SMCI)’s Major holders
The next largest institutional holding, with 4.02 million shares, is of BLACKROCK INC.’s that is approximately 7.1135% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.29 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Super Micro Computer Inc (SMCI) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 15.77 shares. This amounts to just over 2.69 percent of the company’s overall shares, with a $619.19 million market value. The same data shows that the other fund manager holds slightly less at 13.19, or about 2.25% of the stock, which is worth about $517.92 million.
