Super Micro Computer (NASDAQ:SMCI - Get Free Report) is projected to release its earnings data after the market closes on Tuesday, February 11th. Analysts expect Super Micro Computer to post earnings of $0.75 per share and revenue of $5.94 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
Super Micro Computer Stock Performance
Shares of SMCI stock traded up $2.44 during mid-day trading on Friday, hitting $36.28. The stock had a trading volume of 72,267,735 shares, compared to its average volume of 35,788,788. Super Micro Computer has a fifty-two week low of $17.25 and a fifty-two week high of $122.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The company's 50-day simple moving average is $33.55 and its 200-day simple moving average is $40.94. The firm has a market cap of $21.24 billion, a PE ratio of 18.21 and a beta of 1.30.
Analyst Ratings Changes
A number of equities research analysts have weighed in on SMCI shares. JPMorgan Chase & Co. lowered Super Micro Computer from a "neutral" rating to an "underweight" rating and lowered their price objective for the company from $50.00 to $23.00 in a report on Wednesday, November 6th. Northland Capmk raised Super Micro Computer to a "strong-buy" rating in a report on Friday, December 20th. Loop Capital raised their target price on Super Micro Computer from $35.00 to $40.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Wedbush reaffirmed a "neutral" rating and set a $32.00 price target (down from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. Finally, Argus cut shares of Super Micro Computer from a "buy" rating to a "hold" rating in a research note on Thursday, October 31st. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $62.89.
Read Our Latest Stock Report on SMCI
Super Micro Computer Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Super Micro Computer, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Micro Computer wasn't on the list.
While Super Micro Computer currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
