Super Micro Computer Inc [NASDAQ: SMCI] traded at a low on Friday, posting a -0.68 loss after which it closed the day’ session at $47.26.
The results of the trading session contributed to over 31711984 shares changing hands. Over the past one week, the price volatility of Super Micro Computer Inc stands at 6.17% while the volatility over the past one month is 8.10%.
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The market cap for SMCI stock reached $27.67 billion, with 585.57 million shares outstanding and 500.44 million shares in the current float. Compared to the average trading volume of 75.60M shares, SMCI reached a trading volume of 31711984 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Super Micro Computer Inc [SMCI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SMCI shares is $67.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SMCI stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Super Micro Computer Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 18, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Neutral. The new note on the price target was released on September 17, 2024, representing the official price target for Super Micro Computer Inc stock. Previously, the target price had yet another drop from $950 to $500, while JP Morgan kept a Neutral rating on SMCI stock. On September 04, 2024, analysts decreased their price target for SMCI shares from 693 to 438.
The Average True Range (ATR) for Super Micro Computer Inc is set at 3.43, with the Price to Sales ratio for SMCI stock in the period of the last 12 months amounting to 1.85. The Price to Book ratio for the last quarter was 5.43, with the Price to Cash per share for the same quarter was set at 2.85.
How has SMCI stock performed recently?
Super Micro Computer Inc [SMCI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.13. With this latest performance, SMCI shares gained by 8.10% in over the last four-week period, additionally sinking by -33.78% over the last 6 months – not to mention a rise of 65.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SMCI stock in for the last two-week period is set at 51.75, with the RSI for the last a single of trading hit 55.17, and the three-weeks RSI is set at 48.13 for Super Micro Computer Inc [SMCI]. The present Moving Average for the last 50 days of trading for this stock 48.07, while it was recorded at 47.75 for the last single week of trading, and 71.66 for the last 200 days.
Super Micro Computer Inc [SMCI]: Deeper insight into the fundamentals
Super Micro Computer Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.93 and a Current Ratio set at 3.77.
Earnings analysis for Super Micro Computer Inc [SMCI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SMCI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Super Micro Computer Inc go to 37.50%.
Insider trade positions for Super Micro Computer Inc [SMCI]
There are presently around $56.85%, or 66.38%% of SMCI stock, in the hands of institutional investors. The top three institutional holders of SMCI stocks are: VANGUARD GROUP INC with ownership of 5.96 million shares, which is approximately 10.5558%. BLACKROCK INC., holding 4.02 million shares of the stock with an approximate value of $$3.29 billion in SMCI stocks shares; and BLACKROCK INC., currently with $$3.0 billion in SMCI stock with ownership which is approximately 6.4923%.
