Super Micro Computer Inc (NASDAQ:SMCI) traded at $890.35 at close of the session on Monday, April 29, made an upward move of 3.84% on its previous day’s price.
Looking at the stock we see that its previous close was $857.44. The company has a trailing 12-month PE ratio of 69.59. In terms of its 52-week price range, SMCI has a high of $1229.00 and a low of $93.34. The company’s stock has lost about -11.85% over that past 30 days.
Super Micro Computer Inc has a market cap of $52.13 billion. Estimates by analysts give the company expected earnings per share (EPS) of $5.84, with the EPS growth for the year raised at $22.09 for 2024 and $31.24 for next year. These figures represent 87.00% and 41.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $3.99 billion, with a low of $3.7 billion and a high of $4.51 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $14.66 billion, or 105.80% up from figures reported last year.
On the other hand, looking at the outlook for the SMCI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the SMCI stock currently stands at 1.44, and the current price level is -0.44% off its SMA20 and -6.16% from its 50-day simple moving average. The RSI (14) is pointing at 50.40 while the volatility over the past week is 9.71% and jumps to 8.28% over the past one month. The beta value is 1.33, while the average true range (ATR) is currently pointing at 78.53.
Coming back to Super Micro Computer Inc (NASDAQ:SMCI), we note that the average 3-month trading volume was 10.65 million. Current shares outstanding are 52.90 million.
The insiders hold 14.27% of the company’s shares while institutions hold 69.93%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 213.22% up in year-to-date price movement.
