Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) have earned a consensus rating of “Hold” from the thirteen ratings firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $28.71.

A number of research analysts have issued reports on the stock. BidaskClub downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. DA Davidson downgraded shares of Super Micro Computer from a “buy” rating to a “neutral” rating and cut their target price for the company from $33.00 to $27.00 in a research report on Monday, September 18th. TheStreet downgraded shares of Super Micro Computer from a “b-” rating to a “c” rating in a research report on Tuesday, October 10th. Zacks Investment Research downgraded shares of Super Micro Computer from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 5th. Finally, Maxim Group restated a “buy” rating and set a $45.00 target price on shares of Super Micro Computer in a research report on Wednesday, November 8th.

Super Micro Computer (NASDAQ SMCI) opened at $21.70 on Monday. The company has a current ratio of 2.34, a quick ratio of 1.15 and a debt-to-equity ratio of 0.12. Super Micro Computer has a 52-week low of $17.70 and a 52-week high of $31.75. The stock has a market cap of $1,060.00, a PE ratio of 16.19, a price-to-earnings-growth ratio of 1.26 and a beta of -0.05.

Large investors have recently made changes to their positions in the stock. Victory Capital Management Inc. raised its position in shares of Super Micro Computer by 86.1% in the 3rd quarter. Victory Capital Management Inc. now owns 6,813 shares of the technology company’s stock valued at $151,000 after acquiring an additional 3,152 shares during the period. Tiedemann Wealth Management LLC raised its position in shares of Super Micro Computer by 29.7% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 32,975 shares of the technology company’s stock valued at $161,000 after acquiring an additional 7,550 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in shares of Super Micro Computer in the 2nd quarter valued at approximately $202,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Super Micro Computer in the 3rd quarter valued at approximately $222,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Super Micro Computer in the 3rd quarter valued at approximately $303,000. Institutional investors and hedge funds own 80.50% of the company’s stock.

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Super Micro Computer Company Profile

Super Micro Computer, Inc is engaged 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 Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

Analyst Recommendations for Super Micro Computer (NASDAQ:SMCI)

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