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DOW   34,022.04
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S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
S&P 500   4,513.04
DOW   34,022.04
QQQ   387.12
NASDAQ:SGH

SMART Global Stock Forecast, Price & News

$58.40
+1.38 (+2.42%)
(As of 12/1/2021 12:00 AM ET)
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Today's Range
$58.01
$60.60
50-Day Range
$43.37
$60.34
52-Week Range
$31.54
$60.75
Volume
1.02 million shs
Average Volume
423,084 shs
Market Capitalization
$1.42 billion
P/E Ratio
73.92
Dividend Yield
N/A
Beta
1.02
30 days | 90 days | 365 days | Advanced Chart
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SMART Global logo

About SMART Global

SMART 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.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SGH
Employees
1,754
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$6.74 per share
Book Value
$13.15 per share

Profitability

Net Income
$21.31 million
Pretax Margin
2.53%

Debt

Price-To-Earnings

Miscellaneous

Free Float
23,378,000
Market Cap
$1.42 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/12/2021
Today
12/02/2021
Next Earnings (Estimated)
1/04/2022
Fiscal Year End
8/31/2022

MarketRank

Overall MarketRank

1.55 out of 5 stars

Computer And Technology Sector

615th out of 892 stocks

Semiconductors & Related Devices Industry

91st out of 119 stocks

Analyst Opinion: 2.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -












SMART Global (NASDAQ:SGH) Frequently Asked Questions

Is SMART Global a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SMART Global in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SMART Global stock.
View analyst ratings for SMART Global
or view top-rated stocks.

How has SMART Global's stock been impacted by COVID-19?

SMART Global's stock was trading at $22.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SGH stock has increased by 156.9% and is now trading at $58.40.
View which stocks have been most impacted by COVID-19
.

When is SMART Global's next earnings date?

SMART Global is scheduled to release its next quarterly earnings announcement on Tuesday, January 4th 2022.
View our earnings forecast for SMART Global
.

How were SMART Global's earnings last quarter?

SMART Global Holdings, Inc. (NASDAQ:SGH) issued its earnings results on Tuesday, October, 12th. The company reported $2.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.60 by $0.56. The company had revenue of $467.71 million for the quarter, compared to the consensus estimate of $461 million. SMART Global had a net margin of 1.42% and a trailing twelve-month return on equity of 35.17%. The firm's quarterly revenue was up 57.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 earnings per share.
View SMART Global's earnings history
.

What guidance has SMART Global issued on next quarter's earnings?

SMART Global issued an update on its first quarter 2022 earnings guidance on Tuesday, November, 2nd. The company provided earnings per share (EPS) guidance of $1.800-$2.200 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.490. The company issued revenue guidance of $440 million-$480 million, compared to the consensus revenue estimate of $458.55 million.

What price target have analysts set for SGH?

6 equities research analysts have issued 1-year price objectives for SMART Global's shares. Their forecasts range from $55.00 to $85.00. On average, they anticipate SMART Global's stock price to reach $68.00 in the next year. This suggests a possible upside of 16.4% from the stock's current price.
View analysts' price targets for SMART Global
or view top-rated stocks among Wall Street analysts.

Who are SMART Global's key executives?

SMART Global's management team includes the following people:
  • Mark W. Adams, President, Chief Executive Officer & Director
  • Jack A. Pacheco, COO & President-Smart Memory Solutions (LinkedIn Profile)
  • Kenneth Rizvi, Chief Financial Officer & Senior Vice President
  • Bruce Mitchell Goldberg, Chief of Staff & Vice President
  • Anne Kuykendall, Vice President & General Counsel

What is Iain MacKenzie's approval rating as SMART Global's CEO?

11 employees have rated SMART Global CEO Iain MacKenzie on Glassdoor.com. Iain MacKenzie has an approval rating of 93% among SMART Global'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), Square (SQ), Lam Research (LRCX), Advanced Micro Devices (AMD) and AbbVie (ABBV).

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 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 Russell Investments Group Ltd. (3.40%), Dimensional Fund Advisors LP (3.04%), The Manufacturers Life Insurance Company (2.32%), LSV Asset Management (1.79%), ArrowMark Colorado Holdings LLC (1.71%) and Voya Investment Management LLC (1.45%). Company insiders that own SMART Global stock include Ajay Shah, Alan Marten, Jack A Pacheco, Jack A Pacheco, Kiwan Kim, Lake (Offshore) Aiv Gp Silver, Lake Sumeru (Offshore) Silver, Mark Adams, Mukesh Patel, Stephen C Dow and Thomas Coull.
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 Jane Street Group LLC, Arrowstreet Capital Limited Partnership, Citadel Advisors LLC, Russell Investments Group Ltd., Voya Investment Management LLC, Royal Bank of Canada, Two Sigma Advisers LP, and Dimensional Fund Advisors LP. Company insiders that have sold SMART Global company stock in the last year include Ajay Shah, Alan Marten, Jack A Pacheco, Kiwan Kim, Lake (Offshore) Aiv Gp Silver, Lake Sumeru (Offshore) Silver, and Mukesh Patel.
View insider buying and selling activity for SMART Global
or view top insider-selling stocks.

Which major investors are buying SMART Global stock?

SGH stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Fuller & Thaler Asset Management Inc., PEAK6 Investments LLC, Renaissance Technologies LLC, Two Sigma Investments LP, Geode Capital Management LLC, P.A.W. Capital Corp, and AlpInvest Partners B.V..
View insider buying and selling activity for SMART Global
or or view top insider-buying stocks.

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 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 $58.40.

How much money does SMART Global make?

SMART Global has a market capitalization of $1.42 billion and generates $1.50 billion in revenue each year. The company earns $21.31 million in net income (profit) each year or $0.79 on an earnings per share basis.

How many employees does SMART Global have?

SMART Global employs 1,754 workers across the globe.

What is SMART Global's official website?

The official website for SMART Global is www.smartm.com.

Where are SMART Global's headquarters?

SMART Global is headquartered at 39870 EUREKA DRIVE, NEWARK CA, 94560.

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 (866) 977-4446, via email at [email protected], or via fax at 510-623-1434.


This page was last updated on 12/2/2021 by MarketBeat.com Staff

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