Currently, there are 52.90M common shares owned by the public and among those 50.19M shares have been available to trade.
The company’s stock has a 5-day price change of -8.21% and -48.77% over the past three months. SMCI shares are trading 47.66% year to date (YTD), with the 12-month market performance up to 62.98% 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 7.87 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 -3.84%, -24.20%, and -40.36% respectively.
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Institutional ownership of Super Micro Computer Inc (NASDAQ: SMCI) shares accounts for 54.32% of the company’s 52.90M shares outstanding.
It has a market capitalization of $24.58B and a beta (3y monthly) value of 1.23. The stock’s trailing 12-month PE ratio is 21.09, while the earnings-per-share (ttm) stands at $19.90. The company has a PEG of 0.34 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 10.48% over the week and 7.34% over the month.
Earnings per share for the fiscal year are expected to increase by 51.34%, and 34.35% 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. Needham stated their Buy rating for the stock in a research note on September 18, 2024, with the firm’s price target at $600. Mizuho coverage for the Super Micro Computer Inc (SMCI) stock in a research note released on September 17, 2024 offered a Neutral rating with a price target of $450. JP Morgan was of a view on September 06, 2024 that the stock is Neutral, while Barclays gave the stock Equal Weight rating on September 04, 2024, issuing a price target of $693- $438. BofA Securities on their part issued Neutral rating on August 07, 2024.
