As of Friday close, Super Micro Computer Inc.’s (NASDAQ:SMCI) stock was up $16.88, moving up 5.26 percent to $338.09. The average number of shares traded per day over the past five days has been 2,435,360 shares. 3 times new highs have been achieved over the past 5 days, with a $3.59 gain in that time frame. In the last twenty days, the average volume was 2,933,540, while in the previous 50 days, it was 3,054,782.
Since last month, SMCI stock rose 34.95%. Shares of the company fell to $245.10 on 07/06/23, the lowest level in the past month. A 52-week high of $337.88 was reached on 08/04/23 after having rallying from a 52-week low of $50.28. Since the beginning of this year, SMCI’s stock price has risen by 311.80% or $255.99, and marked a new high 35 times. However, the stock has increased by 0.06% since its 52-week high.
SMCI stock investors should be aware that Super Micro Computer Inc. (SMCI) stock had its last reported insider trading activity 9 days ago on Jul 27. Liu Liang Chiu-Chu Sara, the Director of the company, disposed of 963 shares for $329.05 on Jul 27. It resulted in a $316,880 divestment by the insider. Liang Charles sold 963 shares at an average price of $329.05 on Jul 27. The insider now owns 1,827 shares following the transaction. On Jun 01, President and CEO Liang Charles sold 43,932 shares at $227.89 apiece. The transaction was valued at $10,011,784.
Valuation Metrics
Right now, Super Micro Computer Inc. (SMCI) has a P/E ratio of about 31.86. The stock’s beta is 1.26. Besides these, the trailing price-to-sales (P/S) ratio of 2.64, the price-to-book (PB) ratio of 10.19, and the price-to-cash flow ratio of 28.56 may also be considered.
Financial Health
In the three months ended March 30, Super Micro Computer Inc.’s quick ratio stood at 1.10, while its current ratio was 2.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.08, and the total debt-to-equity ratio was 0.11. On the profitability front, the trailing twelve-month gross margin is 18.20% percent. In the year ended March 30, EBITDA margin amounted to 7.11%, whereas operating margins totaled 10.60%. Based on annual data, SMCI earned $800.0 million in gross profit and brought in $5.2 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.00%. Return on equity (ROE) for the past 12 months was 35.40%.
In Super Micro Computer Inc.’s quarter-end financial report for March 30, it reported total debt of $133.24 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SMCI’s revenue fell -5.63% to $1.8 billion during the quarter, while net income inched up to $1.28 billion. While analysts expected Super Micro Computer Inc. to report $1.71 quarterly earnings, the actual figure was $1.63 per share, beating the consensus estimate by -4.70%. During the quarter, the company generated $107.82 million in EBITDA. The liabilities of Super Micro Computer Inc. were 1.42 billion at the end of its most recent quarter ended March 30, and its total debt was $207.02 million. The value of shareholders’ equity is $52.49 million.
Technical Picture
This quick technical analysis looks at Super Micro Computer Inc.’s (SMCI) price momentum. With a historical volatility rate of 47.89%, the RSI 9-day stood at 68.73% on 04 August.
With respect to its five-day moving average, the current Super Micro Computer Inc. price is up by +1.07% percent or $3.59. At present, SMCI shares trade +30.03% above its 20-day simple moving average and +278.69% percent above its 100-day simple moving average. However, the stock is currently trading approximately +108.81% above its SMA50 and +502.44% above its SMA200.
Stochastic coefficient K was 74.46% and Stochastic coefficient D was 79.76%, while ATR was 18.93. Given the Stochastic reading of 85.17% for the 14-day period, the RSI (14) reading has been calculated as 69.74%. As of today, the MACD Oscillator reading stands at -1.17, while the 14-day reading stands at 5.96.
Analyst Ratings
Rosenblatt launched its rating on Super Micro Computer Inc. (NASDAQ: SMCI) to a Buy in a note to investors on June 07, 2023. Super Micro Computer Inc. (SMCI) has been rated Overweight by analysts. According to 1 brokerage firm, SMCI is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Super Micro Computer Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $335.00, the current consensus forecast for the stock is $65.00 – $401.00. Based on these forecasts, analysts predict Super Micro Computer Inc. (SMCI) will achieve an average price target of $287.63.
