Super Micro Computer (SMCI) to Release Earnings on Monday

Super Micro Computer (NASDAQ:SMCI) is anticipated to release its earnings data after the market closes on Monday, January 27th. Analysts expect Super Micro Computer to post earnings of $0.75 per share and revenue of $6,448,760.00 billion for the quarter.

Super Micro Computer Trading Down 1.0 %

NASDAQ:SMCI opened at $30.82 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. The stock has a market cap of $17.24 billion, a price-to-earnings ratio of 15.47 and a beta of 1.31. Super Micro Computer has a one year low of $17.25 and a one year high of $122.90. The business’s 50-day simple moving average is $32.59 and its 200 day simple moving average is $46.94.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. JPMorgan Chase & Co. lowered Super Micro Computer from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $50.00 to $23.00 in a report on Wednesday, November 6th. Wedbush reissued a “neutral” rating and issued a $32.00 price objective (down from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. Barclays lowered their price objective on Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating for the company in a report on Wednesday, October 2nd. Loop Capital lowered their target price on Super Micro Computer from $150.00 to $100.00 and set a “buy” rating for the company in a report on Monday, September 23rd. Finally, The Goldman Sachs Group decreased their price objective on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $66.89.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.