Super Micro Computer Inc (NASDAQ: SMCI) on Friday, plunged -10.51% from the previous trading day, before settling in for the closing price of $29.11. Within the past 52 weeks, SMCI’s price has moved between $22.74 and $122.90.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 38.97% over the past five years. The company achieved an average annual earnings per share of 51.95%. With a float of $500.44 million, this company’s outstanding shares have now reached $585.57 million.
In terms of profitability, gross margin is 14.13%, operating margin of 8.47%, and the pretax margin is 8.49%.
Super Micro Computer Inc (SMCI) Insider and Institutional Ownership
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Super Micro Computer Inc is 14.54%, while institutional ownership is 54.35%. The most recent insider transaction that took place on Jun 03 ’24, was worth 240,600. In this transaction Director of this company sold 300 shares at a rate of $802.00, taking the stock ownership to the 18,887 shares. Before that another transaction happened on May 30 ’24, when Company’s Director sold 500 for $839.17, making the entire transaction worth $419,586. This insider now owns 27,813 shares in total.
Super Micro Computer Inc (SMCI) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.34 earnings per share (EPS) for the period topping the consensus outlook (set at 0.31) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.50% during the next five years compared to 70.58% growth over the previous five years of trading.
Super Micro Computer Inc (NASDAQ: SMCI) Trading Performance Indicators
Super Micro Computer Inc (SMCI) is currently performing well based on its current performance indicators. A quick ratio of 1.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.99, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 4.38 in one year’s time.
Technical Analysis of Super Micro Computer Inc (SMCI)
Super Micro Computer Inc (NASDAQ: SMCI) saw its 5-day average volume 106.3 million, a positive change from its year-to-date volume of 80.57 million. As of the previous 9 days, the stock’s Stochastic %D was 4.93%. Additionally, its Average True Range was 4.02.
During the past 100 days, Super Micro Computer Inc’s (SMCI) raw stochastic average was set at 0.45%, which indicates a significant decrease from 1.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.81% in the past 14 days, which was higher than the 105.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.59, while its 200-day Moving Average is $72.14. Nevertheless, the first resistance level for the watch stands at $27.96 in the near term. At $29.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.00. If the price goes on to break the first support level at $24.92, it is likely to go to the next support level at $23.80. The third support level lies at $21.88 if the price breaches the second support level.
Super Micro Computer Inc (NASDAQ: SMCI) Key Stats
Market capitalization of the company is 13.65 billion based on 559,330K outstanding shares. Right now, sales total 14,943 M and income totals 1,208 M. The company made 5,308 M in profit during its latest quarter, and 352,730 K in sales during its previous quarter.
