The stock of Super Micro Computer Inc (SMCI) has seen a -8.72% decrease in the past week, with a -18.30% drop in the past month, and a 35.03% flourish in the past quarter. The volatility ratio for the week is 7.90%, and the volatility levels for the past 30 days are at 8.41% for SMCI. The simple moving average for the past 20 days is -8.53% for SMCI’s stock, with a 60.03% 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 higher price-to-earnings ratio of 43.93x compared to its average ratio. SMCI has 36-month beta value of 1.28. Analysts have mixed views 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% ratio of that float. The average trading volume of SMCI on May 06, 2024 was 10.28M shares.
SMCI) stock’s latest price update
Super Micro Computer Inc (NASDAQ: SMCI) has seen a rise in its stock price by 2.65 in relation to its previous close of 762.52. However, the company has experienced a -8.72% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-04 that We have watched as SMCI charted an impressive rally by +47.8% and crashed by -37.8% within two months, with the wider market similarly entering correction zones. With the elevated interest rates likely to remain higher for longer and the normalization in macroeconomic outlook prolonged, we can understand why the market has over-reacted thus far. Despite so, the long-term prospects for generative AI remain robust as similarly observed in SMCI’s raised FQ4’24 guidance, NVDA’s promising forward guidance, and TSM’s positive commentary.
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 -17.37% 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 -36.31% of loss for the given period.
Volatility was left at 8.41%, however, over the last 30 days, the volatility rate increased by 7.90%, as shares sank -17.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.77% lower at present.
During the last 5 trading sessions, SMCI fell by -8.72%, which changed the moving average for the period of 200-days by +157.75% in comparison to the 20-day moving average, which settled at $847.47. In addition, Super Micro Computer Inc saw 175.35% 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 $777.36 back on May 01 ’24. After this action, FAIRFAX DANIEL W now owns 19,187 shares of Super Micro Computer Inc, valued at $233,208 using the latest closing price.
Liu Liang Chiu-Chu Sara, the Director of Super Micro Computer Inc, sale 525 shares at $869.62 during a trade that took place back on Apr 29 ’24, which means that Liu Liang Chiu-Chu Sara is holding 3,459 shares at $456,552 based on the most recent closing price.
Stock Fundamentals for SMCI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.16 for the gross margin
The net margin for Super Micro Computer Inc stands at 0.09. The total capital return value is set at 0.16. Equity return is now at value 30.58, with 17.41 for asset returns.
Based on Super Micro Computer Inc (SMCI), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -0.99. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is 158.34.
Currently, EBITDA for the company is 764.79 million with net debt to EBITDA at -0.22. When we switch over and look at the enterprise to sales, we see a ratio of 3.86. The receivables turnover for the company is 7.16for trailing twelve months and the total asset turnover is 1.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.69.
Conclusion
To put it simply, Super Micro Computer Inc (SMCI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
