Free Trial
NASDAQ:PENG

PENG (PENG) Stock Price, News & Analysis

PENG logo
$15.97
+0.92 (+6.11%)
(As of 11/1/2024 ET)

About PENG Stock (NASDAQ:PENG)

Key Stats

Today's Range
$15.41
$16.28
50-Day Range
N/A
52-Week Range
$13.44
$29.81
Volume
1.89 million shs
Average Volume
994,110 shs
Market Capitalization
$851.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.75
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
59th Percentile Overall Score

PENG MarketRank™: 

PENG scored higher than 59% of companies evaluated by MarketBeat, and ranked 378th out of 667 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 4 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PENG has only been the subject of 4 research reports in the past 90 days.

  • 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 -15.97, 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 -15.97, 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 2.13. 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 0.53. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for PENG this week, compared to 6 articles on an average week.
  • Search Interest

    9 people have searched for PENG on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 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 not sold or bought any 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.
Receive PENG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PENG and its competitors with MarketBeat's FREE daily newsletter.

PENG Stock News Headlines

625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
Does Anyone Remember Peng Shuai?
See More Headlines

PENG Stock Analysis - Frequently Asked Questions

PENG's stock was trading at $16.15 at the beginning of 2024. Since then, PENG stock has decreased by 1.1% and is now trading at $15.97.
View the best growth stocks for 2024 here
.

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

Today
11/02/2024
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
3,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.75
High Stock Price Target
$27.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+48.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 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
$7.49 per share

Miscellaneous

Free Float
52,011,000
Market Cap
$851.04 million
Optionable
N/A
Beta
1.67
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

This page (NASDAQ:PENG) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners