On Monday, Super Micro Computer Inc (NASDAQ: SMCI) opened higher 15.87% from the last session, before settling in for the closing price of $33.15. Price fluctuations for SMCI have ranged from $17.25 to $122.90 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 38.97%. Company’s average yearly earnings per share was noted 30.60% at the time writing. With a float of $501.16 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 Activity
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Super Micro Computer Inc is 14.41%, while institutional ownership is 53.87%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.34 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.32) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.60% 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
Check out the current performance indicators for Super Micro Computer Inc (SMCI). In the past quarter, the stock posted a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.99, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Super Micro Computer Inc (SMCI)
Compared to the last year’s volume of 82.8 million, its volume of 157.5 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 94.37%. Additionally, its Average True Range was 4.13.
During the past 100 days, Super Micro Computer Inc’s (SMCI) raw stochastic average was set at 26.76%, which indicates a significant decrease from 96.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 203.82% in the past 14 days, which was higher than the 128.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.03, while its 200-day Moving Average is $69.71. Nevertheless, the first resistance level for the watch stands at $39.91 in the near term. At $41.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.59. If the price goes on to break the first support level at $36.23, it is likely to go to the next support level at $34.05. Should the price break the second support level, the third support level stands at $32.55.
Super Micro Computer Inc (NASDAQ: SMCI) Key Stats
There are currently 559,333K shares outstanding in the company with a market cap of 25.10 billion. Presently, the company’s annual sales total 14,943 M according to its annual income of 1,208 M. Last quarter, the company’s sales amounted to 5,308 M and its income totaled 352,730 K.
