With 4.06 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.87 million shares. During the session, the Computer Hardware company that operates in wider Technology sector, reached to the highest price of $834.2 whereas the lowest price it dropped to was $806.26. The 52-week range on SMCI shows that it touched its highest point at $1229.00 and its lowest point at $131.06 during that stretch. It currently has a 1-year price target of $999.62. Beta for the stock currently stands at 1.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMCI was down-trending over the past week, with a drop of -4.60%, but this was down by -11.76% over a month. Three-month performance surged to 20.20% while six-month performance rose 221.29%. The stock gained 497.02% in the past year, while it has gained 188.22% so far this year. A look at the trailing 12-month EPS for SMCI yields 17.82 with Next year EPS estimates of 33.93. For the next quarter, that number is 8.00. This implies an EPS growth rate of 101.04% for this year and 42.89% for next year. EPS is expected to grow by 62.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 66.82%.
Float and Shares Shorts:
At present, 52.90 million SMCI shares are outstanding with a float of 50.20 million shares on hand for trading. On 2024-04-15, short shares totaled 2.91 million, which was 497.0 higher than short shares on 1710460800. In addition to Mr. Charles Liang as the firm’s Founder, Chairman of the Board, President & CEO, Mr. Joseph Chang serves as its General Counsel.
Institutional Ownership:
Through their ownership of 0.69481003 of SMCI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, SMCI reported revenue of $3850066000.0 and operating income of $378314000.0. The EBITDA in the recently reported quarter was $398748000.0 and diluted EPS was $6.56.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMCI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
