NASDAQ:SGH SMART Global (SGH) Stock Forecast, Price & News $23.37 +0.89 (+3.96%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$22.48▼$23.6050-Day Range$14.52▼$23.3752-Week Range$12.04▼$24.97Volume882,033 shsAverage Volume699,103 shsMarket Capitalization$1.15 billionP/E Ratio59.92Dividend YieldN/APrice Target$25.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media SMART Global MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside8.7% Upside$25.40 Price TargetShort InterestBearish9.11% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.36Based on 4 Articles This WeekInsider TradingSelling Shares$194,169 Sold Last QuarterProj. Earnings Growth9.21%From $1.52 to $1.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.70 out of 5 starsComputer And Technology Sector486th out of 601 stocksSemiconductors & Related Devices Industry73rd out of 88 stocks 1.5 Analyst's Opinion Consensus RatingSMART Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.40, SMART Global has a forecasted upside of 8.7% from its current price of $23.37.Amount of Analyst CoverageSMART Global has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.11% of the outstanding shares of SMART Global have been sold short.Short Interest Ratio / Days to CoverSMART Global has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in SMART Global has recently decreased by 3.87%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSMART Global does not currently pay a dividend.Dividend GrowthSMART Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGH. Previous Next 3.0 News and Social Media Coverage News SentimentSMART Global has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for SMART Global this week, compared to 3 articles on an average week.Search InterestOnly 22 people have searched for SGH on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added SMART Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn 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 $194,169.00 in company stock.Percentage Held by InsidersOnly 3.70% of the stock of SMART Global is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for SMART Global are expected to grow by 9.21% in the coming year, from $1.52 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SMART Global is 59.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.15.Price to Earnings Ratio vs. SectorThe P/E ratio of SMART Global is 59.92, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 307.26.Price to Book Value per Share RatioSMART Global has a P/B Ratio of 3.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SMART Global (NASDAQ:SGH) StockSMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets. The company specializes in application specific product development and support for customers in enterprise, government and original equipment manufacturer, or OEM, markets. It operates through the following segments: Memory Solutions, Intelligent Platform Solutions (IPS), and LED Solutions. The memory Solutions segment provides performance and reliable memory solutions through the design, development, and advanced packaging to extended lifecycle products. The IPS segment consists of specialized platform solutions for high-performance computing, artificial intelligence, machine learning and advanced modeling for technology research. The LED Solutions segment offers a broad portfolio of application-optimized LEDs focused on improving on lumen density, intensity, efficacy, optical control and reliability. The company was founded in 1988 and is headquartered in Milpitas, CA.Read More Receive SGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SMART Global and its competitors with MarketBeat's FREE daily newsletter. Email Address SGH Stock News HeadlinesJune 6, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of SMART Global Holdings, Inc. (NASDAQ:SGH)June 5, 2023 | finance.yahoo.comSGH Announces Third Quarter Fiscal 2023 Financial Conference CallJune 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 26, 2023 | finance.yahoo.comSMART Global Holdings, Inc. (SGH) Surges 7.8%: Is This an Indication of Further Gains?May 25, 2023 | americanbankingnews.comJack A. Pacheco Sells 5,000 Shares of SMART Global Holdings, Inc. (NASDAQ:SGH) StockMay 24, 2023 | americanbankingnews.comSMART Global Holdings, Inc. (NASDAQ:SGH) COO Jack A. Pacheco Sells 2,500 Shares of StockMay 23, 2023 | finance.yahoo.comCree LED Recognized with Three 2023 BrightStar Awards from LEDs MagazineMay 19, 2023 | americanbankingnews.comSMART Global Holdings, Inc. (NASDAQ:SGH) Receives $25.40 Average PT from AnalystsJune 7, 2023 | Edge On The Street (Ad)Nevada Desert more Valuable than Wall Street or Silicon Valley?It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.April 26, 2023 | americanbankingnews.comThierry Pellegrino Sells 2,764 Shares of SMART Global Holdings, Inc. (NASDAQ:SGH) StockApril 24, 2023 | finance.yahoo.comGreat news for SMART Global Holdings, Inc. (NASDAQ:SGH): Insiders acquired stock in large numbers last yearApril 24, 2023 | finance.yahoo.comPenguin Solutions Announces Major Version Release of its Flagship Scyld ClusterWare Software PlatformApril 24, 2023 | americanbankingnews.comSMART Global Holdings, Inc. (NASDAQ:SGH) Receives $25.40 Average PT from BrokeragesApril 12, 2023 | finance.yahoo.comStratus Introduces its Most Powerful ftServer Platforms for Ensuring Availability of Mission-Critical Applications and Connecting Data from Edge to Core to CloudApril 10, 2023 | finance.yahoo.comSGH Strengthens Leadership TeamApril 8, 2023 | finance.yahoo.comShould You Be Concerned About SMART Global Holdings, Inc.'s (NASDAQ:SGH) ROE?April 8, 2023 | americanbankingnews.comSMART Global (NASDAQ:SGH) Earns Buy Rating from Needham & Company LLCApril 8, 2023 | americanbankingnews.comSMART Global (NASDAQ:SGH) Stock Rating Reaffirmed by Rosenblatt SecuritiesApril 7, 2023 | msn.comStifel Maintains Smart Global Holdings (SGH) Buy RecommendationApril 7, 2023 | americanbankingnews.comSMART Global (NASDAQ:SGH) Shares Gap Down After Analyst DowngradeApril 6, 2023 | msn.comNeedham Reiterates Smart Global Holdings (SGH) Buy RecommendationApril 6, 2023 | americanbankingnews.comSMART Global (NASDAQ:SGH) Price Target Cut to $27.00 by Analysts at Stifel NicolausApril 6, 2023 | benzinga.comSMART Glb Hldgs Stock (NASDAQ:SGH), Short Interest ReportApril 5, 2023 | americanbankingnews.comSMART Global (NASDAQ:SGH) Updates Q3 Earnings GuidanceApril 5, 2023 | americanbankingnews.comSMART Global (NASDAQ:SGH) Issues Q3 2023 Earnings GuidanceApril 5, 2023 | seekingalpha.comSMART Global Earnings: Too Mixed For Me (Rating Downgrade)April 4, 2023 | finance.yahoo.comSMART Global Holdings, Inc. (SGH) Beats Q2 Earnings EstimatesSee More Headlines SGH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGH Company Calendar Last Earnings4/04/2023Today6/07/2023Next Earnings (Confirmed)6/29/2023Fiscal Year End8/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SGH Previous SymbolNYSE:SGH CUSIPN/A CIK1616533 Webwww.smartm.com Phone(866) 977-4446Fax510-623-1434Employees3,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.40 High Stock Price Forecast$35.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+8.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.39 Trailing P/E Ratio59.92 Forward P/E Ratio15.38 P/E GrowthN/ANet Income$66.56 million Net Margins1.22% Pretax Margin1.74% Return on Equity35.07% Return on Assets7.83% Debt Debt-to-Equity Ratio2.38 Current Ratio2.33 Quick Ratio1.63 Sales & Book Value Annual Sales$1.82 billion Price / Sales0.63 Cash Flow$4.76 per share Price / Cash Flow4.91 Book Value$7.57 per share Price / Book3.09Miscellaneous Outstanding Shares49,070,000Free Float47,256,000Market Cap$1.15 billion OptionableOptionable Beta1.41 Key ExecutivesMark W. AdamsPresident, Chief Executive Officer & DirectorJack A. PachecoCOO & President-Smart Memory SolutionsKenneth RizviChief Financial Officer & Senior Vice PresidentThierry PellegrinoSVP & President-Intelligent Platform SolutionsAnne KuykendallVice President & General CounselKey CompetitorsHimax TechnologiesNASDAQ:HIMXChipMOS TECHNOLOGIESNASDAQ:IMOSIchorNASDAQ:ICHRPhotronicsNASDAQ:PLABSemtechNASDAQ:SMTCView All CompetitorsInsiders & InstitutionsRoyce & Associates LPSold 20,273 shares on 5/23/2023Ownership: 0.110%Ameriprise Financial Inc.Sold 10,035,205 shares on 5/22/2023Ownership: 12.491%Jack A PachecoSold 2,500 sharesTotal: $50,000.00 ($20.00/share)Jack A PachecoSold 5,000 sharesTotal: $100,000.00 ($20.00/share)JPMorgan Chase & Co.Sold 47,487 shares on 5/18/2023Ownership: 0.620%View All Insider TransactionsView All Institutional Transactions SGH Stock - Frequently Asked Questions Should I buy or sell SMART Global stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SMART Global in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGH shares. View SGH analyst ratings or view top-rated stocks. What is SMART Global's stock price forecast for 2023? 5 equities research analysts have issued 1 year price objectives for SMART Global's stock. Their SGH share price forecasts range from $20.00 to $35.00. On average, they predict the company's share price to reach $25.40 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View analysts price targets for SGH or view top-rated stocks among Wall Street analysts. How have SGH shares performed in 2023? SMART Global's stock was trading at $14.88 at the beginning of 2023. Since then, SGH shares have increased by 57.1% and is now trading at $23.37. View the best growth stocks for 2023 here. When is SMART Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 29th 2023. View our SGH earnings forecast. How can I listen to SMART Global's earnings call? SMART Global will be holding an earnings conference call on Thursday, June 29th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "925273". How were SMART Global's earnings last quarter? SMART Global Holdings, Inc. (NASDAQ:SGH) announced its quarterly earnings data on Tuesday, April, 4th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.18. The company earned $429.17 million during the quarter, compared to analysts' expectations of $435.01 million. SMART Global had a net margin of 1.22% and a trailing twelve-month return on equity of 35.07%. What ETFs hold SMART Global's stock? ETFs with the largest weight of SMART Global (NASDAQ:SGH) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD), VanEck Brazil Small-Cap ETF (BRF), Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco S&P SmallCap Information Technology ETF (PSCT), Syntax Stratified SmallCap ETF (SSLY), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Royce Quant Small-Cap Quality Value ETF (SQLV) and iShares Micro-Cap ETF (IWC). When did SMART Global's stock split? SMART Global's stock split on the morning of Wednesday, February 2nd 2022. The 2-1 split was announced on Wednesday, February 2nd 2022. The newly issued shares were distributed to shareholders after the market closes on Wednesday, February 2nd 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has SMART Global issued on next quarter's earnings? SMART Global updated its third quarter 2023 earnings guidance on Tuesday, April, 4th. The company provided earnings per share guidance of $0.30-$0.50 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of $355.00 million-$395.00 million, compared to the consensus revenue estimate of $408.23 million. What is Iain MacKenzie's approval rating as SMART Global's CEO? 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. What other stocks do shareholders of SMART Global own? Based on aggregate information from My MarketBeat watchlists, some companies that other SMART Global investors own include Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Verizon Communications (VZ), Applied Materials (AMAT), Block (SQ), Lam Research (LRCX), Advanced Micro Devices (AMD) and AbbVie (ABBV). When did SMART Global IPO? (SGH) raised $74 million in an initial public offering (IPO) on Wednesday, May 24th 2017. The company issued 5,300,000 shares at $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. What is SMART Global's stock symbol? SMART Global trades on the NASDAQ under the ticker symbol "SGH." Who are SMART Global's major shareholders? SMART Global's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.23%), Ameriprise Financial Inc. (12.49%), State Street Corp (6.05%), Clearbridge Investments LLC (4.16%), Dimensional Fund Advisors LP (2.72%) and Boston Partners (2.26%). Insiders that own company stock include Ajay Shah, Alan Marten, Claude Demby, Jack A Pacheco, Jack A Pacheco, Ken Rizvi, Kiwan Kim, Lake (Offshore) Aiv Gp Silver, Lake Sumeru (Offshore) Silver, Mark Adams, Mukesh Patel, Penny Herscher, Stephen C Dow and Thierry Pellegrino. View institutional ownership trends. How do I buy shares of SMART Global? Shares of SGH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is SMART Global's stock price today? One share of SGH stock can currently be purchased for approximately $23.37. How much money does SMART Global make? SMART Global (NASDAQ:SGH) has a market capitalization of $1.15 billion and generates $1.82 billion in revenue each year. The company earns $66.56 million in net income (profit) each year or $0.39 on an earnings per share basis. How many employees does SMART Global have? The company employs 3,600 workers across the globe. How can I contact SMART Global? SMART Global's mailing address is 39870 EUREKA DRIVE, NEWARK CA, 94560. The official website for the company is www.smartm.com. The company can be reached via phone at (866) 977-4446, via email at ir@smartm.com, or via fax at 510-623-1434. This page (NASDAQ:SGH) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SMART Global Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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