Super Micro Computer (NASDAQ:SMCI - Get Free Report) is scheduled to release its earnings data after the market closes on Tuesday, November 5th. Analysts expect Super Micro Computer to post earnings of $0.75 per share for the quarter.
Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.14). Super Micro Computer had a net margin of 8.09% and a return on equity of 30.57%. The business had revenue of $5.31 billion for the quarter, compared to analyst estimates of $5.32 billion. During the same period in the prior year, the business earned $0.34 EPS. The company's revenue for the quarter was up 142.9% compared to the same quarter last year. On average, analysts expect Super Micro Computer to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
NASDAQ:SMCI opened at $26.05 on Friday. The company has a market cap of $14.57 billion, a P/E ratio of 13.08 and a beta of 1.28. The firm's fifty day moving average price is $44.64 and its two-hundred day moving average price is $67.01. Super Micro Computer has a one year low of $22.74 and a one year high of $122.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.
SMCI has been the topic of several research analyst reports. Nomura Securities cut shares of Super Micro Computer from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 10th. Susquehanna upped their target price on Super Micro Computer from $28.50 to $32.50 and gave the company a "negative" rating in a research report on Monday, July 15th. Cfra reissued a "hold" rating and set a $45.40 price target (down from $72.90) on shares of Super Micro Computer in a report on Wednesday, August 28th. Barclays reduced their price target on Super Micro Computer from $438.00 to $42.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company lowered their price objective on Super Micro Computer from $65.00 to $37.50 and set an "equal weight" rating on the stock in a research report on Wednesday, August 28th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $74.53.
Check Out Our Latest Research Report on SMCI
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.
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