Shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) are set to split on Tuesday, October 1st. The 10-1 split was announced on Tuesday, August 6th. The newly issued shares will be distributed to shareholders after the closing bell on Monday, September 30th.
Super Micro Computer Price Performance
Shares of NASDAQ:SMCI opened at $419.74 on Friday. The stock has a market cap of $23.48 billion, a PE ratio of 23.53 and a beta of 1.24. The company’s fifty day moving average is $538.94 and its 200 day moving average is $760.32. Super Micro Computer has a 52 week low of $226.59 and a 52 week high of $1,229.00. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last issued its earnings results on Tuesday, August 6th. The company reported $6.25 EPS for the quarter, missing analysts’ consensus estimates of $7.63 by ($1.38). The business had revenue of $5.31 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. Super Micro Computer’s revenue for the quarter was up 142.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.43 EPS. Research analysts anticipate that Super Micro Computer will post 28.5 earnings per share for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Super Micro Computer
Institutional Investors Weigh In On Super Micro Computer
Hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC bought a new stake in Super Micro Computer during the first quarter worth about $98,000. Vanguard Group Inc. boosted its stake in Super Micro Computer by 25.7% during the first quarter. Vanguard Group Inc. now owns 6,194,607 shares of the company’s stock worth $6,256,739,000 after acquiring an additional 1,265,542 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. bought a new position in shares of Super Micro Computer in the first quarter worth approximately $1,423,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Super Micro Computer by 168.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 58,592 shares of the company’s stock worth $59,180,000 after buying an additional 36,795 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Super Micro Computer by 1,516.8% in the first quarter. Nordea Investment Management AB now owns 55,328 shares of the company’s stock worth $56,420,000 after buying an additional 51,906 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.
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.
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