Super Micro Computer (SMCI) Scheduled to Post Earnings on Wednesday

Super Micro Computer (NASDAQ:SMCI) is scheduled to be releasing its Q1 2018 earnings data after the market closes on Wednesday, January 24th. Analysts expect Super Micro Computer to post earnings of $0.28 per share for the quarter.

Shares of Super Micro Computer (NASDAQ SMCI) opened at $21.50 on Wednesday. The firm has a market cap of $1,050.00, a P/E ratio of 16.04, a PEG ratio of 1.25 and a beta of -0.05. 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 12-month low of $17.70 and a 12-month high of $31.75.

Several brokerages have recently weighed in on SMCI. 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. TheStreet downgraded shares of Super Micro Computer from a “b-” rating to a “c” rating in a research report on Tuesday, October 10th. BidaskClub raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Thursday, December 14th. Maxim Group reaffirmed a “buy” rating and issued a $45.00 target price on shares of Super Micro Computer in a report on Friday, October 27th. Finally, Susquehanna Bancshares cut shares of Super Micro Computer from a “positive” rating to a “neutral” rating and cut their target price for the company from $31.00 to $23.00 in a report on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. Super Micro Computer presently has a consensus rating of “Hold” and an average price target of $28.13.

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About Super Micro Computer

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.

Earnings History for Super Micro Computer (NASDAQ:SMCI)

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