Super Micro Computer (SMCI) Set to Announce Earnings

Super Micro Computer (NASDAQ:SMCI) is scheduled to release its earnings following the market close on Tuesday, February 11. Analysts predict that the company will report earnings of $0.75 per share and project revenue to reach $5.94 billion for the quarter. For those interested, registration for the company's conference call is available through the provided link.

Overview of Super Micro Computer's Stock Performance

As of Friday, Super Micro Computer's stock opened at $36.28. The company's fifty-day moving average stands at $33.55, while its two-hundred-day moving average is $41.20. Super Micro Computer boasts a market capitalization of approximately $21.24 billion, with a price-to-earnings ratio of 18.21. The stock has a beta value of 1.30, indicating its volatility relative to the market. Financial metrics show a debt-to-equity ratio of 0.32, a current ratio of 3.77, and a quick ratio of 1.93. The stock has experienced a one-year low of $17.25 and a high of $122.90.

Changes in Analyst Ratings and Price Targets

Several brokerages have recently updated their ratings for Super Micro Computer. Argus downgraded the stock from a "buy" rating to a "hold" rating on October 31. Conversely, Northland Capital raised its rating to "strong-buy" on December 20. Loop Capital revised its price goal for the stock from $35.00 to $40.00 while maintaining a "buy" rating on January 23. Furthermore, Goldman Sachs reduced their target price from $67.50 to $28.00 and set a "neutral" rating on November 6. Wedbush also lowered its target price to $32.00 from $62.00 in a report on November 4 while reiterating a "neutral" rating. Overall, three analysts have given the stock a sell rating, eleven a hold rating, four a buy rating, and one a strong buy rating. According to MarketBeat.com, the consensus rating for Super Micro Computer is "Hold" with an average price target of $62.89.

About Super Micro Computer

Super Micro Computer, Inc. specializes in developing and manufacturing high-performance server and storage solutions. The company's offerings are rooted in modular and open architecture and span a global market, including the United States, Europe, and Asia. Their product range includes complete server systems, storage systems, modular blade servers, workstations, networking devices, and server management software.

Earnings, Stocks, Performance