Super Micro Computer (NASDAQ:SMCI) Given Daily News Sentiment Rating of 0.17
Press coverage about Super Micro Computer (NASDAQ:SMCI) has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Super Micro Computer earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.4884824674735 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Super Micro Computer, Inc. (NASDAQ:SMCI) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- Shares Seesawing on Volume: Super Micro Computer Inc (SMCI) – Sheridan Daily (sheridandaily.com)
- Shares Trading up at $26.80 (SMCI) Supermicro presenta in anteprima un… – First News 24 (firstnewspaper24.com)
- Super Micro Computer, Inc. (SMCI) has a value of $27.00 per share While RingCentral, Inc. (RNG) is stand at $35.10 – Stocks Gallery (stocksgallery.com)
- Supermicro Previews 1U Petabyte NVMe Storage System Supporting New “Ruler” Form Factor for Intel® SSDs at Flash … – PR Newswire (press release) (prnewswire.com)
Shares of Super Micro Computer (NASDAQ SMCI) opened at 26.85 on Friday. Super Micro Computer has a 1-year low of $20.77 and a 1-year high of $31.75. The stock has a market cap of $1.31 billion, a PE ratio of 20.04 and a beta of 0.17. The stock has a 50 day moving average of $25.85 and a 200 day moving average of $25.33.
Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. The business had revenue of $717.90 million during the quarter, compared to the consensus estimate of $714.99 million. Super Micro Computer had a net margin of 2.74% and a return on equity of 9.08%. The company’s quarterly revenue was up 36.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 earnings per share. Equities research analysts forecast that Super Micro Computer will post $1.98 EPS for the current year.
Several analysts recently issued reports on the stock. Zacks Investment Research raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Friday. ValuEngine cut shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Susquehanna Bancshares Inc reaffirmed a “positive” rating and set a $31.00 price objective (down previously from $33.00) on shares of Super Micro Computer in a research note on Sunday, July 23rd. Maxim Group reaffirmed a “buy” rating and set a $43.00 price objective on shares of Super Micro Computer in a research note on Friday, July 21st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $30.00 price objective on shares of Super Micro Computer in a research note on Friday, July 14th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $31.29.
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In other news, Director Sherman Tuan sold 10,000 shares of Super Micro Computer stock in a transaction dated Wednesday, May 31st. The shares were sold at an average price of $24.51, for a total transaction of $245,100.00. Following the completion of the sale, the director now directly owns 8,000 shares in the company, valued at $196,080. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Cheng-Hsien Phidias Chou sold 2,000 shares of Super Micro Computer stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $24.35, for a total transaction of $48,700.00. Following the sale, the vice president now owns 3,137 shares of the company’s stock, valued at $76,385.95. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,000 shares of company stock valued at $487,510. Insiders own 23.60% of the company’s stock.
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.
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