Super Micro Computer, Inc. (NASDAQ:SMCI):
Supermicro lanÃ§a novas soluÃ§Ãµes da famÃlia X11 de servidores e armazenamento combinando desempenho revolucionÃ¡rio de NVMe com suporte total para os novos processadores Intel Xeon escalÃ¡veis.
The company is so far trading up since yesterday’s close of $24.6.
Super Micro Computer, Inc., launched on August 28, 2006, is involved in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Business’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. The Company sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs). As of June 30, 2016, the Company offered over 4,950 stock keeping units (SKUs), including SKUs for server and storage systems, serverboards, chassis, power supplies and other system accessories. The Company develops and manufactures server solutions based upon a modular and open architecture. The Company offers a range of application optimized server solutions, including rackmount and blade server systems and subsystems and accessories, which customers can use to build complete server systems..
It is trading at $25.70 a bit higher than $24.38, the 50 day moving average and just a bit lower than the 200 day moving average of $25.75. The 50 day moving average was up $1.32 or +5.40% and the 200 day average moved down $-0.05.
The P/E ratio is 22.52 and the market value is 1.25B. In the last earnings report the EPS was $1.14 and is expected to be $1.63 for the current year with 48,692,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.39 and the next full year EPS is projected to be $2.07.
Short traders are feeling a little more bearish on shares of the company lately as implied by the uptick in short interest. The company saw a rise in short interest of 10.60% between May 31, 2017 and May 15, 2017. Short interest increased from 3,394,041 to 3,753,766 over that period. The days to cover increased to 8.9 and the percentage of shorted shares is 0.08% as of May 15.
Several brokerage analysts have issued ratings on the stock of late. On November 30 the company was upgraded from “Hold” to “Buy” and a price target of $32.00 was set in a statement from DA Davidson. On July 28, 2016 Pacific Crest added the stock to its research portfolio with a rating of “Sector Weight”.
On July 19 the stock rating was downgraded to “Hold” from “Buy” in a report issued by DA Davidson. On July 19, 2016 the stock rating was changed to a “Hold” according to a Stifel Nicolaus report which is down from the previous “Buy” rating.
April 15 investment analysts at Sterne Agee CRT made no change to the stock rating of “Buy” and moved down the price target from $38.00 to $35.00. Equity analyst Susquehanna both upgraded the stock and raised the price target on January 27 boosting the price target from $28.00 to $33.00 and raising the rating from “Neutral” to “Positive”.