Super Micro Computer (SMCI) to Release Earnings on Monday

Super Micro Computer (NASDAQ:SMCI) is expected 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 Stock Performance

NASDAQ:SMCI opened at $33.27 on Friday. The company has a market capitalization of $18.61 billion, a P/E ratio of 16.70 and a beta of 1.31. The business has a fifty day simple moving average of $33.83 and a two-hundred day simple moving average of $45.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $122.90.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on SMCI shares. Wedbush restated a “neutral” rating and issued a $32.00 price objective (down from $62.00) on shares of Super Micro Computer in a research note on Monday, November 4th. Argus lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research report on Thursday, October 31st. The Goldman Sachs Group cut their price objective on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, November 6th. Loop Capital boosted their target price on shares of Super Micro Computer from $35.00 to $40.00 and gave the company a “buy” rating in a report on Thursday. Finally, Northland Capmk upgraded Super Micro Computer to a “strong-buy” rating in a research report on Friday, December 20th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $62.89.

About Super Micro Computer

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.