Currently, there are 52.90M common shares owned by the public and among those 50.20M shares have been available to trade.
The company’s stock has a 5-day price change of -11.14% and -32.25% over the past three months. SMCI shares are trading 90.31% year to date (YTD), with the 12-month market performance up to 95.22% higher. It has a 12-month low price of $226.59 and touched a high of $1229.00 over the same period. SMCI has an average intraday trading volume of 6.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -22.60%, -31.01%, and -18.82% respectively.
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Institutional ownership of Super Micro Computer Inc (NASDAQ: SMCI) shares accounts for 57.10% of the company’s 52.90M shares outstanding.
It has a market capitalization of $31.68B and a beta (3y monthly) value of 1.35. The stock’s trailing 12-month PE ratio is 27.18, while the earnings-per-share (ttm) stands at $19.90. The company has a PEG of 0.44 and a Quick Ratio of 1.93 with the debt-to-equity ratio at 0.40. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.86% over the week and 7.80% over the month.
Earnings per share for the fiscal year are expected to increase by 55.43%, and 28.99% over the next financial year. EPS should shrink at an annualized rate of 62.40% over the next five years, compared to 70.59% over the past 5-year period.
Looking at the support for the SMCI, a number of firms have released research notes about the stock. BofA Securities stated their Neutral rating for the stock in a research note on August 07, 2024, with the firm’s price target at $1090-$700. Nomura coverage for the Super Micro Computer Inc (SMCI) stock in a research note released on July 10, 2024 offered a Neutral rating with a price target of $930. KeyBanc Capital Markets was of a view on April 24, 2024 that the stock is Sector Weight, while JP Morgan gave the stock Overweight rating on March 25, 2024, issuing a price target of $1150. Argus on their part issued Buy rating on March 06, 2024.
