Super Micro Computer Inc [NASDAQ: SMCI] gained 3.16% or 0.57 points to close at $18.58 with a heavy trading volume of 65010337 shares.
The daily chart for SMCI points out that the company has recorded -79.07% loss over the past six months.
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If we look at the average trading volume of 75.41M shares, SMCI reached to a volume of 65010337 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $40.50 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 3.00. 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.
JP Morgan have made an estimate for Super Micro Computer Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on November 06, 2024. The new note on the price target was released on October 31, 2024, representing the official price target for Super Micro Computer Inc stock. Previously, the target price had yet another raise to $600, while Needham analysts kept a Buy rating on SMCI stock.
The Average True Range (ATR) for Super Micro Computer Inc is set at 3.45, with the Price to Sales ratio for SMCI stock in the period of the last 12 months amounting to 0.75. The Price to Book ratio for the last quarter was 2.14, with the Price to Cash per share for the same quarter was set at 2.76.
Trading performance analysis for SMCI stock
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 -24.23. With this latest performance, SMCI shares dropped by -60.95% in over the last four-week period, additionally sinking by -79.07% over the last 6 months – not to mention a drop of -35.44% 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 24.39, with the RSI for the last a single of trading hit 21.40, and the three-weeks RSI is set at 27.31 for Super Micro Computer Inc [SMCI]. The present Moving Average for the last 50 days of trading for this stock 39.72, while it was recorded at 20.37 for the last single week of trading, and 70.85 for the last 200 days.
Super Micro Computer Inc [SMCI]: A deeper dive into fundamental analysis
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.
Super Micro Computer Inc [SMCI]: An earnings per share (EPS) analysis
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%.
An analysis of Institutional ownership at Super Micro Computer Inc [SMCI]
There are presently around $55.44%, or 64.83%% 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%.
