Super Micro Computer (SMCI) to Release Earnings on Monday

Super Micro Computer (NASDAQ:SMCI) is projected to issue its quarterly earnings data after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of $0.75 per share and revenue of $6,448,760.00 billion for the quarter.

Super Micro Computer Price Performance

Shares of NASDAQ SMCI opened at $33.27 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $122.90. The company’s 50-day moving average is $33.83 and its 200 day moving average is $45.41. The stock has a market capitalization of $18.61 billion, a P/E ratio of 16.70 and a beta of 1.31.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. StockNews.com lowered Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. Wedbush reissued a “neutral” rating and set a $32.00 price objective (down previously from $62.00) on shares of Super Micro Computer in a research report on Monday, November 4th. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. JPMorgan Chase & Co. lowered shares of Super Micro Computer from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $50.00 to $23.00 in a research note on Wednesday, November 6th. Finally, Barclays dropped their price objective on shares of Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $62.89.

About Super Micro Computer

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.