With 1.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.66 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $48.08 whereas the lowest price it dropped to was $44.5109. The 52-week range on SMTC shows that it touched its highest point at $49.53 and its lowest point at $13.13 during that stretch. It currently has a 1-year price target of $55.60. Beta for the stock currently stands at 1.54.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMTC was up-trending over the past week, with a rise of 8.37%, but this was up by 4.60% over a month. Three-month performance surged to 50.57% while six-month performance rose 26.95%. The stock gained 229.38% in the past year, while it has gained 117.98% so far this year. A look at the trailing 12-month EPS for SMTC yields -13.54 with Next year EPS estimates of 1.65. For the next quarter, that number is 0.23. This implies an EPS growth rate of 388.31% for this year and 141.89% for next year.
Float and Shares Shorts:
At present, 75.23 million SMTC shares are outstanding with a float of 74.29 million shares on hand for trading. On 2024-10-15, short shares totaled 7.23 million, which was 960.9999499999999 higher than short shares on 1726185600. In addition to Dr. Hong Q. Hou Ph.D. as the firm’s President, CEO & Director, Mr. Mark Lin serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.09722 of SMTC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-28, SMTC reported revenue of $215355000.0 and operating income of $9309000.0. The EBITDA in the recently reported quarter was $17555000.0 and diluted EPS was -$2.61.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMTC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
