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.
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.
Receive News & Ratings for Super Micro Computer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Micro Computer and related companies with MarketBeat.com's FREE daily email newsletter.