During the last session, Super Micro Computer Inc (NASDAQ:SMCI)’s traded shares were 38.69 million, with the beta value of the company hitting 1.35. At the end of the trading day, the stock’s price was $31.89, reflecting an intraday loss of -4.75% or -$1.59. The 52-week high for the SMCI share is $102.03, that puts it down -219.94 from that peak though still a striking 45.91% gain since the share price plummeted to a 52-week low of $17.25. The company’s market capitalization is $18.93B, and the average intraday trading volume over the past 10 days was 46.96 million shares, and the average trade volume was 75.08 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 2.58. 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 0.53.
Super Micro Computer Inc (NASDAQ:SMCI) trade information
Super Micro Computer Inc (SMCI) registered a -4.75% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.75% in intraday trading to $31.89, hitting a weekly high. The stock’s 5-day price performance is -13.13%, and it has moved by -15.86% in 30 days. Based on these gigs, the overall price performance for the year is -63.87%. The short interest in Super Micro Computer Inc (NASDAQ:SMCI) is 116.19 million shares and it means that shorts have 1.72 day(s) to cover.
The consensus price target of analysts on Wall Street is $52, which implies an increase of 38.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $70 respectively. As a result, SMCI is trading at a discount of -119.5% off the target high and 12.2% off the low.
Super Micro Computer Inc (SMCI) estimates and forecasts
In the rating firms’ projections, revenue will increase 60.14% 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 5.4B as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 6.9B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.85B and 5.31B respectively. In this case, analysts expect current quarter sales to grow by 40.32% and then jump by 29.93% 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 68.98%. While earnings are projected to return 18.73% in 2025, the next five years will return 28.10% per annum.
SMCI Dividends
Super Micro Computer Inc is due to release its next quarterly earnings on 2025-Feb-24. 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
Super Micro Computer Inc insiders own 14.21% of total outstanding shares while institutional holders control 51.77%, with the float percentage being 60.34%. VANGUARD GROUP INC is the largest shareholder of the company, while 1000.0 institutions own stock in it. As of 2024-06-30, the company held over 5.96 million shares (or 10.5558% of all shares), a total value of $4.88 billion in shares.
The next largest institutional holding, with 4.02 million shares, is of BLACKROCK INC.’s that is approximately 6.8457% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.29 billion.
