Super Micro Computer (NASDAQ:SMCI - Get Free Report) is projected to announce its earnings results after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of $0.75 per share and revenue of $6,448,760.00 billion for the quarter.
Super Micro Computer Stock Down 0.4 %
Shares of NASDAQ SMCI traded down $0.14 during trading hours on Friday, hitting $33.27. The company had a trading volume of 31,680,043 shares, compared to its average volume of 27,192,070. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The firm's 50 day moving average is $33.83 and its 200-day moving average is $45.10. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $122.90. The stock has a market capitalization of $18.61 billion, a P/E ratio of 16.70 and a beta of 1.31.
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. Northland Capmk raised shares of Super Micro Computer to a "strong-buy" rating in a research report on Friday, December 20th. The Goldman Sachs Group decreased their price objective on shares of Super Micro Computer from $67.50 to $28.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 6th. JPMorgan Chase & Co. cut Super Micro Computer from a "neutral" rating to an "underweight" rating and cut their target price for the stock from $50.00 to $23.00 in a research note on Wednesday, November 6th. Argus downgraded Super Micro Computer from a "buy" rating to a "hold" rating in a report on Thursday, October 31st. Finally, Wedbush reissued a "neutral" rating and set a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Super Micro Computer presently has a consensus rating of "Hold" and an average target price of $62.89.
Check Out Our Latest Analysis on Super Micro Computer
About Super Micro Computer
(
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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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