06 Apr SGH Stock Forecast, Price & News SMART Global

Across computing, memory and LED lighting solutions, we build long-term strategic partnerships with our customers. SGH and Skyworks Solutions are fundamentally strong tech stocks key to the manufacturing supply chain and trading at deep discounts to the market. And if you have a tolerance for risk and are willing to look for stocks to trade, the small-cap sector is one area to find stocks to watch.

11 employees have rated SMART Global Chief Executive Officer Iain MacKenzie on Glassdoor.com. Iain MacKenzie has an approval rating of 93% among the company’s employees. This puts Iain MacKenzie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 4th 2023. 8.09% of the outstanding shares of SMART Global have been sold short.

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The Wall Street Journal

51 people have searched for SGH on MarketBeat in the last 30 days. Stratus receives 2022 Global Product Leadership Award for edge compute platforms that reduce unplanned downtime and ensures continuous availability of business-critical operations SAN ANTONIO , Nov. 2… NEW TAIPEI CITY, Taiwan $SGH #DDR5–SMART Modular introduces new DDR5 16GB and 32GB VLP ECC UDIMM of blade memory VLP module products designed for 1U blade servers & enclosure sys…

The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. MarketBeat has tracked 3 news articles for SMART Global this week, compared to 2 articles on an average week. SMART Global does not have a long track record of dividend growth.

Rajvindra Gill, Needhman semiconductor analyst, joins ‚Closing Bell‘ to discuss Micron’s warning about production cuts over economic weakness, locating the bottom for smart phone sales and data center… https://day-trading.info/ In 2022, SGH’s revenue was $1.82 billion, an increase of 21.20% compared to the previous year’s $1.50 billion. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.

SMART Modular Technologies Expands DuraMemory Portfolio with New DDR5 Very Low Profile ECC UDIMMs

The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 5 Wall Street research analysts have issued „buy,“ „hold,“ and „sell“ ratings for SMART Global in the last year. The consensus among Wall Street research analysts is that investors should „buy“ SGH shares.

SMART Global’s stock was trading at $14.88 at the beginning of the year. Since then, SGH shares have increased by 7.0% and is now trading at $15.92. According to analysts‘ consensus price target of $26.40, SMART Global has a forecasted upside of 65.8% from its current price of $15.92. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The technique has proven to be very useful for finding positive surprises.

The company’s average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings. Weaker pricing for memory chips hurt Smart Global Holdings Inc.’s SGH profit and revenue in the most recent quarter. The electronics-memory company posted a third-quarter profit of $1.9 million, or 8 cents a share, compare… At SGH, our companies are united by a drive to raise the bar, execute with discipline and focus on what’s next for the technologies that support and advance the world.

Today’s Trading

View analysts price targets for SGH or view top-rated stocks among Wall Street analysts. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year.

• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• Only 3 people have added SMART Global to their MarketBeat watchlist in the last 30 days.
• Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
• Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price.

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The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Is It Time to Sell SGH? Shares are up today.

Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. Represents the company’s profit divided by the outstanding shares of its common stock. SMART Global’s stock is owned by a variety of retail and institutional investors.

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. In the past three months, SMART Global insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,941.00 in company stock. SMART Global has a short interest ratio („days to cover“) of 7. SMART Global has only been the subject of 4 research reports in the past 90 days.

These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

Raised $74 million in an initial public offering on Wednesday, May 24th 2017. The company issued 5,300,000 shares at a price of $13.00-$15.00 per share. Barclays, Deutsche Bank Securities, Jefferies and Stifel acted as the underwriters for the IPO and Needham & Company and Roth Capital Partners were co-managers.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a higher news sentiment than the 0.43 average news sentiment score of Computer and Technology companies. Real-time analyst ratings, insider transactions, earnings data, and more. Provide specific products and services to you, such as portfolio management or data aggregation.

Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United states, Brazil, China, Europe, and internationally.