Super Micro Computer (NASDAQ:SMCI - Get Free Report) is expected to release its earnings data after the market closes on Monday, January 27th. Analysts expect Super Micro Computer to post earnings of $0.75 per share and revenue of $6,448,760.00 billion for the quarter.
Super Micro Computer Stock Performance
Shares of NASDAQ SMCI traded down $0.30 during mid-day trading on Monday, reaching $30.82. 24,271,941 shares of the company's stock were exchanged, compared to its average volume of 36,148,280. The firm has a market capitalization of $17.24 billion, a price-to-earnings ratio of 15.47 and a beta of 1.31. The firm has a 50-day moving average price of $32.59 and a two-hundred day moving average price of $46.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. Super Micro Computer has a 52 week low of $17.25 and a 52 week high of $122.90.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on SMCI shares. Northland Capmk upgraded shares of Super Micro Computer to a "strong-buy" rating in a research note on Friday, December 20th. Argus downgraded Super Micro Computer from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st. The Goldman Sachs Group decreased their target price on Super Micro Computer from $67.50 to $28.00 and set a "neutral" rating for the company in a research report on Wednesday, November 6th. Loop Capital dropped their price target on Super Micro Computer from $150.00 to $100.00 and set a "buy" rating on the stock in a research report on Monday, September 23rd. Finally, StockNews.com lowered Super Micro Computer from a "hold" rating to a "sell" rating in a report on Wednesday, October 9th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $66.89.
Check Out Our Latest Stock Report on Super Micro Computer
Super Micro Computer Company Profile
(
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Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
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