Super Micro Computer Scheduled to Announce Quarterly Earnings on Upcoming Monday

Super Micro Computer, a tech company trading under the NASDAQ symbol SMCI, prepares to unveil its earnings figures post-market on Monday, January 29th. Market analysts anticipate the company's quarterly earnings to land around $3.87 per share. Moreover, Super Micro Computer provided EPS guidance for Q2 ranging from $4.40 to $4.88.

Investors and interested parties can join the firm's earnings conference call via a provided link.

The last earnings report from Super Micro Computer, released on November 1st, showed a slight miss with earnings of $2.75 per share compared to the expected $2.97 per share. Despite this, the company maintained a healthy net margin of 8.29% and a notable return on equity at 31.26%. The reported revenue was $2.12 billion, higher than the predicted $2.07 billion. For the full fiscal year, analysts project an EPS of $15, increasing to $17 for the following year.

Recent Performance and Insider Activity

As trading commenced on the previous Friday, SMCI shares were priced at $474.15. With a market capitalization of $25.28 billion, the company's share price is supported by a recent track record which includes a 50-day simple moving average of $314.18, and a 200-day simple moving average of $289.98. Super Micro Computer has experienced significant growth, which is reflected in the 12-month stock price range of $70.11 to $496.78, alongside moderate volatility with a beta of 1.13. Its financial position is solid, signified by ratios such as a current ratio of 2.23, quick ratio of 0.95, and a conservative debt-to-equity ratio of 0.05.

The transaction records indicate noteworthy insider sales, such as CFO David E. Weigand's sale of 16,072 shares, and Director Daniel W. Fairfax's disposal of 300 shares, together signifying active insider trading.

Institutional Investments and Analyst Perspectives

Several institutional investors have recently adjusted their holdings in SMCI. For instance, Metropolitan Life Insurance Co NY enhanced its stake by 4.9% during the fourth quarter, Mackenzie Financial Corp initiated a new investment, while Verition Fund Management LLC and Amundi also made significant new purchases. Collectively, these moves reflect that hedge funds and other institutional investors own 72.75% of Super Micro Computer's stock.

Analyst ratings for SMCI have evolved lately, with varied recommendations from research firms such as Barclays, StockNews.com, Nomura, Wedbush, and Susquehanna. These analyses have influenced consensus ratings which range from 'sell' to 'buy', with a moderate buy consensus and an average price target sitting at $344.00.

About Super Micro Computer

Super Micro Computer operates internationally, delivering robust server and storage solutions designed with a modular and open architecture principle. Its product offerings include server systems, storage solutions, networking devices, server management software, and security software. It caters to diverse markets in the Americas, Europe, and Asia.

earnings, technology, stock