The stock of Super Micro Computer Inc (SMCI) has gone down by -20.57% for the week, with a -20.39% drop in the past month and a 68.57% rise in the past quarter. The volatility ratio for the week is 11.00%, and the volatility levels for the past 30 days are 7.56% for SMCI. The simple moving average for the past 20 days is -26.19% for SMCI’s stock, with a 53.85% simple moving average for the past 200 days.
Is It Worth Investing in Super Micro Computer Inc (NASDAQ: SMCI) Right Now?
Super Micro Computer Inc (NASDAQ: SMCI) has a price-to-earnings ratio that is above its average at 55.78x. The stock has a 36-month beta value of 1.32. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for SMCI is 50.20M, and at present, short sellers hold a 6.18% of that float. On April 22, 2024, the average trading volume of SMCI was 11.00M shares.
SMCI) stock’s latest price update
Super Micro Computer Inc (NASDAQ: SMCI)’s stock price has plunge by -23.14relation to previous closing price of 928.48. Nevertheless, the company has seen a -20.57% plunge in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-21 that Super Micro Computer’s server products are in high demand. Analysts have set high expectations for the company to grow.
Analysts’ Opinion of SMCI
Many brokerage firms have already submitted their reports for SMCI stocks, with JP Morgan repeating the rating for SMCI by listing it as a “Overweight.” The predicted price for SMCI in the upcoming period, according to JP Morgan is $1150 based on the research report published on March 25, 2024 of the current year 2024.
Argus, on the other hand, stated in their research note that they expect to see SMCI reach a price target of $1350. The rating they have provided for SMCI stocks is “Buy” according to the report published on March 06th, 2024.
Goldman gave a rating of “Neutral” to SMCI, setting the target price at $941 in the report published on March 04th of the current year.
SMCI Trading at -24.74% from the 50-Day Moving Average
After a stumble in the market that brought SMCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.93% of loss for the given period.
Volatility was left at 7.56%, however, over the last 30 days, the volatility rate increased by 11.00%, as shares sank -26.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.40% upper at present.
During the last 5 trading sessions, SMCI fell by -20.57%, which changed the moving average for the period of 200-days by +179.86% in comparison to the 20-day moving average, which settled at $954.04. In addition, Super Micro Computer Inc saw 151.06% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SMCI starting from FAIRFAX DANIEL W, who sale 300 shares at the price of $1010.00 back on Apr 01 ’24. After this action, FAIRFAX DANIEL W now owns 19,487 shares of Super Micro Computer Inc, valued at $303,000 using the latest closing price.
FAIRFAX DANIEL W, the Director of Super Micro Computer Inc, sale 300 shares at $881.88 during a trade that took place back on Mar 01 ’24, which means that FAIRFAX DANIEL W is holding 19,787 shares at $264,564 based on the most recent closing price.
Stock Fundamentals for SMCI
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.16 for the gross margin
The net margin for Super Micro Computer Inc stands at 0.08. The total capital return value is set at 0.25. Equity return is now at value 29.92, with 17.27 for asset returns.
Based on Super Micro Computer Inc (SMCI), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -0.35. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 57.09.
Currently, EBITDA for the company is 764.79 million with net debt to EBITDA at -0.39. When we switch over and look at the enterprise to sales, we see a ratio of 4.48. The receivables turnover for the company is 6.16for trailing twelve months and the total asset turnover is 1.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.
Conclusion
To sum up, Super Micro Computer Inc (SMCI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
