At the time of writing, Super Micro Computer Inc [SMCI] stock is trading at $845.20, up 0.96%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SMCI shares have gain 1.69% over the last week, with a monthly amount glided 9.68%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, JP Morgan started tracking the stock with Overweight rating on March 25, 2024, and set its price target to $1150. On March 06, 2024, Argus initiated with a Buy rating and assigned a price target of $1350 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $941 on March 04, 2024. BofA Securities initiated its recommendation with a Buy and recommended $1040 as its price target on February 15, 2024. Susquehanna downgraded its rating to Negative for this stock on December 11, 2023, and downed its price target to $160. In a note dated October 20, 2023, Nomura initiated an Buy rating and provided a target price of $413 on this stock.
For the past year, the stock price of Super Micro Computer Inc fluctuated between $226.59 and $1229.00. Currently, Wall Street analysts expect the stock to reach $901.43 within the next 12 months. Super Micro Computer Inc [NASDAQ: SMCI] shares were valued at $845.20 at the most recent close of the market. An investor can expect a potential return of 6.65% based on the average SMCI price forecast.
Analyzing the SMCI fundamentals
According to Super Micro Computer Inc [NASDAQ:SMCI], the company’s sales were 11.82B for trailing twelve months, which represents an 200.01% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.34 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 826.28 points at the first support level, and at 805.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 862.46, and for the 2nd resistance point, it is at 877.91.
Ratios To Look Out For
It is important to note that Super Micro Computer Inc [NASDAQ:SMCI] has a current ratio of 4.69. Also, the Quick Ratio is 2.29, while the Cash Ratio stands at 1.23. Considering the valuation of this stock, the price to sales ratio is 4.19, the price to book ratio is 9.72 and price to earnings (TTM) ratio is 47.43.
Transactions by insiders
Recent insider trading involved FAIRFAX DANIEL W, Director, that happened on Jun 03 ’24 when 300.0 shares were sold. Director, LIU TALLY C completed a deal on May 30 ’24 to sell 500.0 shares. Meanwhile, Director FAIRFAX DANIEL W sold 300.0 shares on May 01 ’24.
