About Smart Global (NASDAQ:SGH)
Smart Global Holdings Inc. is a holding company. The Company through its subsidiaries provides specialty memory solutions. The Company manufactures memory for desktops, notebooks, servers and mobile memory for smartphones. The Company also serves original equipment manufacturer (OEM), customers to develop memory solutions. The Company also provides customized, integrated supply chain services to certain OEM customers to assist them in the management and execution of their procurement processes. The Company offers its products and services under a range of categories including dynamic random-access memory (DRAM) components, DRAM modules, flash components, mobile memory and supply chain services. The Company offers a range of DRAM modules including DIMMs, nonvolatile DIMMs, load reducing DIMMs, registered DIMMs, unbuffered DIMMs, small outline DIMMs, and mini-DIMMs.
Industry, Sector and Symbol
SectorComputer and Technology
Trailing P/E Ratio19.2599183461352
Forward P/E Ratio10.28
Sales & Book Value
Annual Sales$132.88 million
Price / Sales8.14
Cash Flow$4.00 per share
Price / Cash12.24
Book Value$3.98 per share
Price / Book12.29
Return on Equity128.68%
Return on Assets18.07%
Smart Global (NASDAQ:SGH) Frequently Asked Questions
What is Smart Global's stock symbol?
Smart Global trades on the NASDAQ under the ticker symbol "SGH."
How were Smart Global's earnings last quarter?
Smart Global Holdings Inc (NASDAQ:SGH) announced its quarterly earnings results on Thursday, March, 22nd. The company reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.40. The firm earned $314 million during the quarter, compared to analysts' expectations of $290.06 million. Smart Global had a net margin of 5.50% and a return on equity of 128.68%. The company's quarterly revenue was up 82.6% on a year-over-year basis. View Smart Global's Earnings History.
What guidance has Smart Global issued on next quarter's earnings?
Smart Global updated its third quarter earnings guidance on Thursday, March, 22nd. The company provided earnings per share (EPS) guidance of $1.74-$1.82 for the period, compared to the Thomson Reuters consensus estimate of $1.26. The company issued revenue guidance of $320-$340 million, compared to the consensus revenue estimate of $290.88 million.
Where is Smart Global's stock going? Where will Smart Global's stock price be in 2018?
7 Wall Street analysts have issued twelve-month price objectives for Smart Global's shares. Their predictions range from $28.50 to $75.00. On average, they anticipate Smart Global's stock price to reach $49.64 in the next year. View Analyst Ratings for Smart Global.
What are Wall Street analysts saying about Smart Global stock?
Here are some recent quotes from research analysts about Smart Global stock:
- 1. According to Zacks Investment Research, "Smart Global Holdings Inc. is a designer, manufacturer and supplier of electronic subsystems to OEMs. It engaged in the computer, industrial, networking, telecommunications, aerospace and defense markets. The company operates primarily in the U.S., Europe, Asia and Latin America. Smart Global Holdings Inc. is headquartered in Newark, California. " (2/21/2018)
- 2. Needham & Company LLC analysts commented, "Yesterday afternoon Smart Global Holdings announced updated guidance for F1Q18 with revenue and non-GAAP EPS above the high end of previous guidance. The change comes from stronger than expected strength in the global memory market and its Brazilian business during the first two months of the quarter. Importantly SGH believes that its F2Q18 quarter could come in flat-slightly up compared to F1Q18 in a seasonally down quarter (SGH plans to keep Brazilian factory running in F2Q18 rather than a typical 2-3 week close due to strong Brazil Mobile demand). We continue to believe that SGH is worth 11.3x P/E on our FY18 estimates and have raised our PT to $43 to reflect our updated estimate of $3.80." (11/16/2017)
Who are some of Smart Global's key competitors?
Some companies that are related to Smart Global include Ambarella (AMBA), Silicon Motion Technology (SIMO), MaxLinear (MXL), Synaptics (SYNA), Diodes (DIOD), Rambus (RMBS), Inphi (IPHI), IQE (IQEPF), MACOM Technology Solutions (MTSI), Himax Technologies (HIMX), FormFactor (FORM), CEVA (CEVA), Lattice Semiconductor (LSCC), Ichor (ICHR), Xcerra (XCRA), Applied Optoelectronics (AAOI), Alpha & Omega Semiconductor (AOSL) and NVE (NVEC).
Who are Smart Global's key executives?
Smart Global's management team includes the folowing people:
- Ajay Shah, Executive Chairman of the Board, Co-Chief Executive Officer
- Iain MacKenzie, President, Co-Chief Executive Officer, Director (Age 58)
- Jack A. Pacheco, Chief Financial Officer, Chief Operating Officer, Senior Vice President (Age 56)
- KiWan Kim, Senior Vice President - Emerging Markets and President, SMART Brazil (Age 54)
- Alan Marten, Chief Strategy Officer, Senior Vice President (Age 57)
- Bruce M. Goldberg, Vice President, Chief Legal Officer, Chief Compliance Officer, Secretary (Age 60)
- Randy W. Furr, Director
- Kenneth Y. Hao, Director (Age 49)
- Paul Mercadante, Independent Director (Age 56)
- Sandeep Nayyar CPA, Independent Director (Age 57)
When did Smart Global IPO?
(SGH) raised $74 million in an 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 served as the underwriters for the IPO and Needham & Company and Roth Capital Partners were co-managers.
Has Smart Global been receiving favorable news coverage?
News stories about SGH stock have trended somewhat negative on Saturday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Smart Global earned a news sentiment score of -0.02 on Accern's scale. They also gave news stories about the company an impact score of 46.65 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Smart Global's major shareholders?
Smart Global's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Park West Asset Management LLC (6.43%), Driehaus Capital Management LLC (2.92%), BlackRock Inc. (1.84%), Bogle Investment Management L P DE (1.75%), Systematic Financial Management LP (1.68%) and Boston Partners (1.12%). Company insiders that own Smart Global stock include Alan Marten, Bruce M Goldberg, Iain Mackenzie, Jack A Pacheco, Kiwan Kim, Lake Sumeru (Offshore) Silver, Mukesh Patel and Sandeep Nayyar. View Institutional Ownership Trends for Smart Global.
Which major investors are selling Smart Global stock?
SGH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Driehaus Capital Management LLC, Napier Park Global Capital US LP, Fuller & Thaler Asset Management Inc., EAM Investors LLC, Geode Capital Management LLC, TIAA CREF Investment Management LLC and Bank of New York Mellon Corp. Company insiders that have sold Smart Global company stock in the last year include Alan Marten, Bruce M Goldberg, Iain Mackenzie, Jack A Pacheco, Kiwan Kim, Lake Sumeru (Offshore) Silver, Mukesh Patel and Sandeep Nayyar. View Insider Buying and Selling for Smart Global.
Which major investors are buying Smart Global stock?
SGH stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Systematic Financial Management LP, Bogle Investment Management L P DE, Castleark Management LLC, Millennium Management LLC, Goldman Sachs Group Inc., Two Sigma Investments LP and Alliancebernstein L.P.. View Insider Buying and Selling for Smart Global.
How do I buy shares of Smart Global?
Shares of SGH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Smart Global's stock price today?
One share of SGH stock can currently be purchased for approximately $48.92.
How big of a company is Smart Global?
Smart Global has a market capitalization of $974.22 million and generates $132.88 million in revenue each year. The company earns $-7,790,000.00 in net income (profit) each year or $2.54 on an earnings per share basis. Smart Global employs 1,169 workers across the globe.
How can I contact Smart Global?
Smart Global's mailing address is 39870 EUREKA DRIVE, NEWARK CA, 94560. The company can be reached via phone at 510-623-1231 or via email at [email protected]
MarketBeat Community Rating for Smart Global (SGH)MarketBeat's community ratings are surveys of what our community members think about Smart Global and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Smart Global (NASDAQ:SGH) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||3.00||3.00||3.14||3.17|
|Ratings Breakdown: ||0 Sell Rating(s)|
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
6 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
5 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$49.64||$39.93||$39.50||$24.00|
|Price Target Upside: ||1.48% upside||8.86% upside||15.40% upside||2.13% upside|
Smart Global (NASDAQ:SGH) Consensus Price Target History
Smart Global (NASDAQ:SGH) Analyst Ratings History
(Data available from 3/24/2016 forward)
Smart Global (NASDAQ:SGH) Earnings History and Estimates Chart
Smart Global (NASDAQ SGH) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/22/2018||Q2 2018||$1.33||$1.73||$290.06 million||$314.00 million||View||Listen|
|12/21/2017||Q1 2018||$0.92||$1.05||$255.03 million||$265.40 million||View||Listen|
|9/28/2017||Q4 2017||$0.64||$0.79||$210.54 million||$223.00 million||View||N/A|
|6/22/2017||Q3 2017||$0.55||$0.54||$202.87 million||$206.97 million||View||N/A|
Smart Global (NASDAQ:SGH) Earnings Estimates
2018 EPS Consensus Estimate: $3.49
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Smart Global (NASDAQ:SGH)
No dividend announcements for this company have been tracked by MarketBeat.com
Smart Global (NASDAQ SGH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 6.90%
Institutional Ownership Percentage: 87.00%
Smart Global (NASDAQ SGH) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/21/2018||Jack A Pacheco||VP||Sell||7,500||$46.53||$348,975.00|| |
|3/19/2018||Bruce M Goldberg||VP||Sell||2,500||$43.20||$108,000.00|| |
|3/15/2018||Alan Marten||VP||Sell||8,500||$41.57||$353,345.00|| |
|2/21/2018||Jack A Pacheco||VP||Sell||7,500||$33.40||$250,500.00|| |
|1/30/2018||Jack A Pacheco||VP||Sell||18,424||$35.88||$661,053.12|| |
|1/30/2018||Kiwan Kim||SVP||Sell||6,874||$35.86||$246,501.64|| |
|1/22/2018||Jack A Pacheco||VP||Sell||7,500||$38.64||$289,800.00|| |
|1/16/2018||Alan Marten||VP||Sell||8,700||$35.72||$310,764.00|| |
|1/5/2018||Bruce M Goldberg||VP||Sell||2,500||$35.76||$89,400.00|| |
|1/5/2018||Kiwan Kim||SVP||Sell||52,835||$35.62||$1,881,982.70|| |
|12/21/2017||Jack A Pacheco||VP||Sell||7,500||$31.06||$232,950.00|| |
|12/4/2017||Alan Marten||VP||Sell||25,000||$32.10||$802,500.00|| |
|12/4/2017||Iain Mackenzie||CEO||Sell||132,045||$32.10||$4,238,644.50|| |
|12/4/2017||Lake Sumeru (Offshore) Silver||Major Shareholder||Sell||3,051,471||$32.10||$97,952,219.10|| |
|12/4/2017||Mukesh Patel||Director||Sell||33,458||$32.10||$1,074,001.80|| |
|11/21/2017||Jack A Pacheco||CFO||Sell||7,500||$35.49||$266,175.00|| |
|11/20/2017||Sandeep Nayyar||Director||Sell||7,148||$35.20||$251,609.60|| |
|5/30/2017||Lake Sumeru (Offshore) Silver||Major Shareholder||Buy||1,500,000||$11.00||$16,500,000.00|| |
Smart Global (NASDAQ SGH) News Headlines
|SMART Global Holdings beats by $0.40, beats on revenue|
seekingalpha.com - March 24 at 5:22 PM
|Stifel Nicolaus Boosts Smart Global (SGH) Price Target to $56.00|
www.americanbankingnews.com - March 23 at 7:22 PM
|Technology Sector Update for 03/23/2018: SGH, SAIC, BIDU - Nasdaq|
www.nasdaq.com - March 23 at 6:13 PM
|Why SMART Global Holdings Inc. Stock Popped Today - Motley Fool|
www.fool.com - March 23 at 6:13 PM
|SMART Global Holdings Reports Second Quarter Fiscal 2018 Financial Results - GlobeNewswire (press release)|
globenewswire.com - March 23 at 6:13 PM
|Why SMART Global Holdings Inc. Stock Popped Today|
finance.yahoo.com - March 23 at 6:13 PM
|Smart Global (SGH) Price Target Raised to $55.00|
www.americanbankingnews.com - March 23 at 4:54 PM
|Smart Global Holdings Inc (SGH) VP Jack A. Pacheco Sells 7,500 Shares|
www.americanbankingnews.com - March 23 at 4:34 PM
|Smart Global (SGH) Price Target Increased to $75.00 by Analysts at Needham & Company LLC|
www.americanbankingnews.com - March 23 at 4:09 PM
|Smart Global (SGH) Issues Quarterly Earnings Results|
www.americanbankingnews.com - March 22 at 9:20 PM
|Smart Global (SGH) Releases Q3 Earnings Guidance|
www.americanbankingnews.com - March 22 at 5:20 PM
|SMART Global Holdings Reports Second Quarter Fiscal 2018 Financial Results|
finance.yahoo.com - March 22 at 5:05 PM
|Bruce M. Goldberg Sells 2,500 Shares of Smart Global Holdings Inc (SGH) Stock|
www.americanbankingnews.com - March 21 at 4:09 PM
|Smart Global Holdings Inc (SGH) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - March 21 at 12:38 PM
|Smart Global Holdings Inc (SGH) VP Sells $353,345.00 in Stock|
www.americanbankingnews.com - March 19 at 10:10 PM
|Deutsche Bank Boosts Smart Global (SGH) Price Target to $48.00|
www.americanbankingnews.com - March 19 at 2:48 PM
|Smart Global (SGH) Raised to "Strong-Buy" at BidaskClub|
www.americanbankingnews.com - March 18 at 4:58 PM
|SMART Global Holdings Announces New CEO Appointment - Nasdaq - Nasdaq|
www.nasdaq.com - March 16 at 5:07 PM
|SMART Global Holdings, Inc. (SGH) Names Ajay Shah as CEO|
www.streetinsider.com - March 15 at 10:09 AM
| Analysts Expect Smart Global Holdings Inc (SGH) Will Announce Quarterly Sales of $290.11 Million|
www.americanbankingnews.com - March 10 at 9:26 AM
|SMART Global Holdings to Announce Second Quarter Fiscal 2018 Financial Results on Thursday, March 22, 2018|
finance.yahoo.com - March 8 at 4:54 PM
| Analysts Expect Smart Global Holdings Inc (SGH) Will Announce Earnings of $1.33 Per Share|
www.americanbankingnews.com - March 8 at 3:12 AM
|Martingale Asset Management L P Grows Position in Smart Global Holdings Inc (SGH)|
www.americanbankingnews.com - March 6 at 11:55 AM
|Smart Global Holdings Inc (SGH) is Napier Park Global Capital US LP's 2nd Largest Position|
www.americanbankingnews.com - March 5 at 12:56 PM
|Spark Investment Management LLC Buys Shares of 48,000 Smart Global Holdings Inc (SGH)|
www.americanbankingnews.com - March 3 at 12:36 PM
|EAM Investors LLC Trims Holdings in Smart Global Holdings Inc (SGH)|
www.americanbankingnews.com - March 3 at 5:40 AM
|Globeflex Capital L P Invests $1.21 Million in Smart Global Holdings Inc (SGH)|
www.americanbankingnews.com - March 2 at 3:48 PM
|Bogle Investment Management L P DE Has $12.81 Million Position in Smart Global Holdings Inc (SGH)|
www.americanbankingnews.com - March 2 at 5:06 AM
|Fuller & Thaler Asset Management Inc. Has $4.14 Million Holdings in Smart Global Holdings Inc (SGH)|
www.americanbankingnews.com - February 27 at 7:36 AM
|Smart Global Holdings Inc (SGH) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - February 24 at 9:54 AM
|Jack A. Pacheco Sells 7,500 Shares of Smart Global Holdings Inc (SGH) Stock|
www.americanbankingnews.com - February 23 at 9:40 PM
|Smart Global (SGH) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - February 21 at 2:05 PM
|ServiceMaster and Start Co. team up to find home services disruptors|
www.bizjournals.com - February 21 at 9:37 AM
|Smart Global Holdings Inc (SGH) Expected to Announce Quarterly Sales of $290.11 Million|
www.americanbankingnews.com - February 21 at 7:50 AM
|Zacks: Analysts Expect Smart Global Holdings Inc (SGH) Will Post Earnings of $1.33 Per Share|
www.americanbankingnews.com - February 19 at 11:24 AM
|Virtual Press Office Exhibitor Profiles: North American International Toy Fair 2018 Part 2|
www.streetinsider.com - February 15 at 6:49 AM
|SMART High Reliability Solutions to Showcase Secure, Ruggedized Data Storage Solutions at West 2018|
finance.yahoo.com - February 5 at 3:25 PM
|Zacks: Analysts Expect Smart Global Holdings Inc (SGH) Will Announce Quarterly Sales of $290.11 Million|
www.americanbankingnews.com - February 4 at 6:46 AM
|Insider Selling: Smart Global Holdings Inc (SGH) SVP Sells 6,874 Shares of Stock|
www.americanbankingnews.com - February 2 at 12:18 AM
|Insider Selling: Smart Global Holdings Inc (SGH) VP Sells 18,424 Shares of Stock|
www.americanbankingnews.com - February 2 at 12:18 AM
|Smart Global Holdings Inc (SGH) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - January 30 at 12:09 PM
|Insider Selling: Smart Global Holdings Inc (SGH) VP Sells 7,500 Shares of Stock|
www.americanbankingnews.com - January 24 at 6:50 PM
|SMART Modular Showcases its NVDIMM and MRAM Technology ... - Nasdaq|
www.nasdaq.com - January 24 at 3:29 PM
|SMART Modular Showcases its NVDIMM and MRAM Technology Solutions at the 2018 Persistent Memory Summit|
finance.yahoo.com - January 24 at 3:29 PM
|Alan Marten Sells 8,700 Shares of Smart Global Holdings Inc (SGH) Stock|
www.americanbankingnews.com - January 18 at 9:28 PM
|Smart Global's (SGH) "Buy" Rating Reaffirmed at Needham & Company LLC|
www.americanbankingnews.com - January 18 at 5:28 PM
| Brokerages Anticipate Smart Global Holdings Inc (SGH) Will Announce Quarterly Sales of $290.11 Million|
www.americanbankingnews.com - January 18 at 8:04 AM
|SMART Global Holdings, Natus Medical, Interactive Brokers Group, Renasant and GATX highlighted as Zacks Bull and Bear of the Day|
finance.yahoo.com - January 16 at 9:07 AM
|Smart Global Holdings Inc (SGH) Short Interest Down 77.2% in December|
www.americanbankingnews.com - January 14 at 4:12 AM
|Why SMART Global (SGH) Could Be Positioned for a Surge|
www.zacks.com - January 10 at 9:06 AM
Smart Global (NASDAQ:SGH) SEC Filings
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Smart Global (NASDAQ:SGH) Income Statement, Balance Sheet and Cash Flow Statement
Smart Global (NASDAQ SGH) Stock Chart for Saturday, March, 24, 2018