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Smart Global Holdings (SGH)
NASDAQ:SGH
Smart Global Holdings (SGH) Stock Price & Analysis
1,050 Followers
SGH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.66 - $29.81
Previous Close$29.35
Volume1.13M
Average Volume (3M)1.05M
Market Cap
$1.55B
Enterprise Value$1.82B
Total Cash (Recent Filing)$467.54M
Total Debt (Recent Filing)$729.10M
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Oct 03, 2024EPS Estimate
$0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding52,297,047
10 Day Avg. Volume1,127,338
30 Day Avg. Volume1,047,164
Standard Deviation0.17
R-Squared0.29
Alpha0.00787
Financial Highlights & Ratios
Price to Book (P/B)11.58
Price to Sales (P/S)7.25
Price to Cash Flow (P/CF)-13.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.78
Enterprise Value/Gross Profit4.39
Enterprise Value/Ebitda129.20
Forecast
1Y Price Target
$29.88Price Target Upside1.81% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Smart Global Holdings News
PremiumCompany Announcements
SMART Global Holdings Secures $200M Strategic Investment
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSGH deserves a higher multiple given an estimated operating margin inflection on IPS growth, and cyclical rebounds in Memory and LED.
Market OpportunitiesMany of the investor questions focused on the opportunity for IPS driven by increasing AI investments in GPU clusters.
Strategic ShiftA brand shift towards services can help define IPS's offerings to customers and investors.
Bears Say
Business OperationsThe LED segment is not critical to the overall business, but an LED sale isn't imminent.
EarningsQuarterly IPS estimates are below prior peaks.
Market PerformanceSpecialty Memory is lagging the overall memory ASP recovery due to the business's exposure to the Telecom/Networking end market, which remains weak.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SGH FAQ
What was Smart Global Holdings’s price range in the past 12 months?
Smart Global Holdings lowest stock price was $12.66 and its highest was $29.81 in the past 12 months.
What is Smart Global Holdings’s market cap?
Currently, no data Available
When is Smart Global Holdings’s upcoming earnings report date?
Smart Global Holdings’s upcoming earnings report date is Oct 03, 2024 which is in 73 days.
How were Smart Global Holdings’s earnings last quarter?
Smart Global Holdings released its earnings results on Jul 09, 2024. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.302 by $0.068.
Is Smart Global Holdings overvalued?
According to Wall Street analysts Smart Global Holdings’s price is currently Undervalued.
Does Smart Global Holdings pay dividends?
Smart Global Holdings does not currently pay dividends.
What is Smart Global Holdings’s EPS estimate?
Smart Global Holdings’s EPS estimate is $0.4.
How many shares outstanding does Smart Global Holdings have?
Smart Global Holdings has 52,914,787 shares outstanding.
What happened to Smart Global Holdings’s price movement after its last earnings report?
Smart Global Holdings reported an EPS of $0.37 in its last earnings report, beating expectations of $0.302. Following the earnings report the stock price went up 26.27%.
Which hedge fund is a major shareholder of Smart Global Holdings?
Among the largest hedge funds holding Smart Global Holdings’s share is Crosslink Capital Inc. It holds Smart Global Holdings’s shares valued at 33M.
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Smart Global Holdings Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$29.88 (1.81% Upside)
$29.88 (1.81% Upside)
Blogger Sentiment
Neutral
SGH Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 336.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.0%
Last 30 Days ▲ 8.8%
Last 30 Days ▲ 8.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.62%
12-Months-Change
Fundamentals
Return on Equity
12.15%
Trailing 12-Months
Asset Growth
-2.83%
Trailing 12-Months
Company Description
Smart Global Holdings
SMART Global Holdings, Inc. engages in the design, manufacture, and sale of specialty memory solutions and services to the electronics industry. It deals with the computer, industrial, networking, telecommunications, aerospace, and defense markets. It has a product line that includes DRAM and Flash memory technologies. The company is founded in 1988 and is headquartered in Newark, CA.
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SGH Company Deck
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SGH Earnings Call
Q3 2024
0:00 / 0:00
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SGH Stock 12 Month Forecast
Average Price Target
$29.88
▲(1.81% Upside)
Technical Analysis
Best Analysts Covering SGH
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+26.94%
reiterated a buy rating 26 days ago
Copying Brian Chin's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +26.94% per trade.
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