Detailed Review Of Prospects For Super Micro Computer Inc Stock

A share price of Super Micro Computer Inc [SMCI] is currently trading at $47.74, up 15.79%. 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 14.65% over the last week, with a monthly amount glided 23.53%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Super Micro Computer Inc [NASDAQ: SMCI] stock has seen the most recent analyst activity on September 18, 2024, when Needham initiated its Buy rating and assigned the stock a price target of $600. Previously, Mizuho started tracking the stock with Neutral rating on September 17, 2024, and set its price target to $450. On September 06, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $500 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $438 on September 04, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $700 on August 07, 2024. Nomura downgraded its rating to Neutral for this stock on July 10, 2024, but kept the price target unchanged to $930. In a note dated April 24, 2024, KeyBanc Capital Markets initiated an Sector Weight rating.

Super Micro Computer Inc experienced fluctuations in its stock price throughout the past year between $22.66 and $122.90. Currently, Wall Street analysts expect the stock to reach $662.55 within the next 12 months. Super Micro Computer Inc [NASDAQ: SMCI] shares were valued at $47.74 at the most recent close of the market. An investor can expect a potential return of 1287.83% based on the average SMCI price forecast.

Analyzing the SMCI fundamentals

Trailing Twelve Months sales for Super Micro Computer Inc [NASDAQ:SMCI] were 14.94B which represents 142.95% growth. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.31 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.

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 43.33 points at the first support level, and at 38.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.32, and for the 2nd resistance point, it is at 52.90.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Super Micro Computer Inc [NASDAQ:SMCI] is 3.77. Also, the Quick Ratio is 1.93, while the Cash Ratio stands at 0.69. Considering the valuation of this stock, the price to sales ratio is 1.87, the price to book ratio is 5.49 and price to earnings (TTM) ratio is 23.99.

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.

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