SMTC Corporation [SMTX] shares are up more than 48.53% this year and recently increased 0.03% or $0.13 to settle at $4.17. Analysts expect SMTX to grow earnings at a 20.00% annual rate over the next 5 years. SMTX has a short ratio of 0.14. This implies that the market is currently less bullish on the outlook for SMTX.

On 16, November 2020, SMTC Corporation to Manufacture Aura V Ventilators in Battle to Combat COVID-19. According to news published on Yahoo Finance, SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winner of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will produce Aura V ventilators for its customer IPM Chirana.

Analyst Birdseye View:

Before that, on December 11, 2018, B. Riley FBR Recapitulated a Buy rating and elevated its amount target to $6.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.32 and a peak of $4.19. Right now, according to Wall Street analyst the average 12-month amount target is $7.00. At the most recent market close, shares of SMTC Corporation [NASDAQ:SMTX] were valued at $4.17. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

SMTC Corporation [NASDAQ:SMTX] most recently reported quarterly sales of 99.55 billion, which represented growth of 12.20%. This publicly-traded organization’s revenue is $132,802 per employee, while its income is -$2,137 per employee. This company’s Gross Margin is currently 11.20%, its Operating Margin is 3.50%, its Pretax Margin is -1.40, and its Net Margin is -1.61. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.76, -16.34, 8.15 and -6.50 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 67.02 and the whole liability to whole assets at 39.14. It shows enduring liability to the whole principal at 36.28 and enduring liability to assets at 0.21 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.93 points at 1st support level, the second support level is making up to 3.81. But as of 1st resistance point, this stock is sitting at 4.11 and at 4.17 for 2nd resistance point.

SMTC Corporation [SMTX] reported its earnings at $0.04 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.02/share signifying the difference of 0.02 and 100.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.03 calling estimates for -$0.03/share with the difference of 0.06 depicting the surprise of 200.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for SMTC Corporation [NASDAQ:SMTX] is 1.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.01. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.23, it’s amount to book ratio is 2.32 and showing 29.71 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by WASZAK STEVEN M, CFO, and it was the purchase of 2500.0 shares on Dec 12. FITZGERALD RICHARD E, the COO, completed a purchase of 100.0 shares on Nov 20. On Nov 19, FITZGERALD RICHARD E, COO, completed a purchase of 1000.0 shares.