With 25.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 53.14 million shares. The 52-week range on SMCI shows that it touched its highest point at $101.40 and its lowest point at $17.25 during that stretch. It currently has a 1-year price target of $40.69. Beta for the stock currently stands at 1.40.
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 SMCI was up-trending over the past week, with a rise of 3.82%, but this was up by 27.92% over a month. Three-month performance surged to 8.66% while six-month performance rose 3.33%. The stock lost -46.15% in the past year, while it has gained 36.32% so far this year. A look at the trailing 12-month EPS for SMCI yields 1.81 with Next year EPS estimates of 2.90. For the next quarter, that number is 0.45. This implies an EPS growth rate of -4.79% for this year and 37.96% for next year. EPS is expected to grow by 22.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 68.98%.
Float and Shares Shorts:
At present, 596.77 million SMCI shares are outstanding with a float of 512.39 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMCI since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.39915 being high and $2.37614 being low. For SMCI, this leads to a yearly average estimate of $2.38314. Based on analyst estimates, the high estimate for the next quarter is $0.73 and the low estimate is $0.53. The average estimate for the next quarter is thus $0.6.
