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NASDAQ:PENG

PENG (PENG) Stock Price, News & Analysis

PENG logo
$17.57 +0.62 (+3.66%)
(As of 01:05 PM ET)

About PENG Stock (NASDAQ:PENG)

Key Stats

Today's Range
$17.10
$17.60
50-Day Range
N/A
52-Week Range
$14.87
$29.81
Volume
356,843 shs
Average Volume
1.05 million shs
Market Capitalization
$936.31 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.60
Consensus Rating
Buy

Company Overview

SMART Global Holdings, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. It also provides Penguin Computing that focus on technical computing for core and cloud environments through HPC and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications including high-performance products for government, health care, industrial, and telecommunications applications. In addition, the company offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and leading-edge solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, it provides LED-based products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brand. The company sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California.

PENG Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

PENG MarketRank™: 

PENG scored higher than 75% of companies evaluated by MarketBeat, and ranked 244th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PENG has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PENG has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about PENG's stock forecast and price target.
  • Earnings Growth

    Earnings for PENG are expected to grow by 26.32% in the coming year, from $1.33 to $1.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PENG is -17.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PENG is -17.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    PENG has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about PENG's valuation and earnings.
  • Short Interest

    There is no current short interest data available for PENG.
  • Dividend Yield

    PENG does not currently pay a dividend.

  • Dividend Growth

    PENG does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for PENG.
  • News Sentiment

    PENG has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 25 news articles for PENG this week, compared to 11 articles on an average week.
  • Search Interest

    Only 4 people have searched for PENG on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
  • MarketBeat Follows

    76 people have added PENG to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PENG insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $39,620.00 in company stock.

  • Percentage Held by Insiders

    Only 2.40% of the stock of PENG is held by insiders.

  • Read more about PENG's insider trading history.
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PENG Stock News Headlines

PENG (NASDAQ:PENG) Insider Sells $39,620.00 in Stock
PENG (NASDAQ:PENG) Research Coverage Started at JMP Securities
Blackrock’s Sending THIS Crypto Higher on Purpose
It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
Penguin Solutions initiated with an Outperform at JMP Securities
See More Headlines

PENG Stock Analysis - Frequently Asked Questions

PENG's stock was trading at $16.15 on January 1st, 2024. Since then, PENG stock has increased by 8.4% and is now trading at $17.50.
View the best growth stocks for 2024 here
.

PENG (NASDAQ:PENG) posted its quarterly earnings results on Tuesday, October, 15th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.04. The company earned $311.15 million during the quarter, compared to analysts' expectations of $325 million. PENG had a positive trailing twelve-month return on equity of 8.05% and a negative net margin of 4.48%.

Shares of PENG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
10/15/2024
Today
11/21/2024
Next Earnings (Estimated)
1/14/2025
Fiscal Year End
8/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:PENG
Previous Symbol
NASDAQ:PENG
Employees
2,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.60
High Stock Price Target
$27.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+34.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-52,470,000.00
Pretax Margin
-2.66%

Debt

Sales & Book Value

Annual Sales
$1.17 billion
Cash Flow
$2.03 per share
Book Value
$7.54 per share

Miscellaneous

Free Float
52,011,000
Market Cap
$932.58 million
Optionable
N/A
Beta
1.70
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This page (NASDAQ:PENG) was last updated on 11/21/2024 by MarketBeat.com Staff
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