The price-to-earnings ratio for Super Micro Computer Inc (NASDAQ: SMCI) is 67.02x, which is above its average ratio. Moreover, the 36-month beta value for SMCI is 1.36. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 5.80% of that float. On April 29, 2024, SMCI’s average trading volume was 10.62M shares.
SMCI) stock’s latest price update
The stock of Super Micro Computer Inc (NASDAQ: SMCI) has increased by 8.90 when compared to last closing price of 787.40.Despite this, the company has seen a gain of 20.15% in its stock price over the last five trading days. The Motley Fool reported 2024-04-27 that Shares of Nvidia and Super Micro Computer have skyrocketed 61% and 166%, respectively, year to date. Nvidia holds more than 90% market share in data center graphics processing units (GPUs) and generative artificial intelligence (AI) chips.
SMCI’s Market Performance
Super Micro Computer Inc (SMCI) has seen a 20.15% rise in stock performance for the week, with a -16.21% decline in the past month and a 80.84% surge in the past quarter. The volatility ratio for the week is 9.94%, and the volatility levels for the past 30 days are at 8.07% for SMCI.. The simple moving average for the past 20 days is -4.93% for SMCI’s stock, with a 80.14% simple moving average for the past 200 days.
Analysts’ Opinion of SMCI
JP Morgan, on the other hand, stated in their research note that they expect to see SMCI reach a price target of $1150. The rating they have provided for SMCI stocks is “Overweight” according to the report published on March 25th, 2024.
Argus gave a rating of “Buy” to SMCI, setting the target price at $1350 in the report published on March 06th of the current year.
SMCI Trading at -9.67% 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 -30.23% of loss for the given period.
Volatility was left at 8.07%, however, over the last 30 days, the volatility rate increased by 9.94%, as shares sank -15.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.62% lower at present.
During the last 5 trading sessions, SMCI rose by +20.15%, which changed the moving average for the period of 200-days by +209.95% in comparison to the 20-day moving average, which settled at $894.27. In addition, Super Micro Computer Inc saw 201.64% 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 5.39. 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 wrap up, the performance of Super Micro Computer Inc (SMCI) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
