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NASDAQ:SGH

SMART Global (SGH) Stock Forecast, Price & News

$23.19
-0.11 (-0.47%)
(As of 05/23/2022 12:51 PM ET)
Add
Compare
Today's Range
$22.87
$23.46
50-Day Range
$21.59
$26.82
52-Week Range
$20.36
$37.25
Volume
9,083 shs
Average Volume
874,360 shs
Market Capitalization
$1.15 billion
P/E Ratio
35.95
Dividend Yield
N/A
Beta
1.17
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 in the United states, Brazil, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platforms Solutions, and LED Solutions segments. The company offers dynamic random access memory modules for desktops, notebooks, servers, and smartphones; embedded and removable flash memory products; and flash component products. It also provides supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. In addition, the company offers Penguin Computing solutions to customers in financial services, energy, government, social media, and education end markets; Penguin Edge solutions to government, telecommunications, health care, smart city, network edge, and industrial applications; and hardware and software products, including solutions based on the Open Compute Project. Further, it provides servers, software, integrated turn-key clusters, enterprise-grade storage, and networking in hardware or cloud-based solutions through Penguin-On-Demand; Open Compute Tundra Extreme Scale products; turn-key storage solutions; and rackmount servers and GPU accelerated computing platforms. Additionally, the company's LED Solutions offers application-optimized LEDs for lighting, video screens, and specialty lighting applications under the CreeLED brand. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as Saleen Holdings, Inc. and changed its name to SMART Global Holdings, Inc. in August 2014. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Newark, California.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SGH
Employees
3,926
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$3.44 per share
Book Value
$6.57 per share

Profitability

Net Income
$21.31 million
Pretax Margin
3.54%

Debt

Price-To-Earnings

Miscellaneous

Free Float
48,471,000
Market Cap
$1.15 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/05/2022
Today
5/23/2022
Next Earnings (Estimated)
7/05/2022
Fiscal Year End
8/31/2022

MarketRank

Overall MarketRank

1.89 out of 5 stars

Computer And Technology Sector

481st out of 919 stocks

Semiconductors & Related Devices Industry

68th out of 122 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -













SMART Global (NASDAQ:SGH) Frequently Asked Questions

Is SMART Global a buy right now?

6 Wall Street equities 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 equities research analysts is that investors should "buy" SMART Global stock.
View analyst ratings for SMART Global
or view top-rated stocks.

When is SMART Global's next earnings date?

SMART Global is scheduled to release its next quarterly earnings announcement on Tuesday, July 5th 2022.
View our earnings forecast for SMART Global
.

How were SMART Global's earnings last quarter?

SMART Global Holdings, Inc. (NASDAQ:SGH) announced its quarterly earnings data on Tuesday, April, 5th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.60 by $0.10. The firm had revenue of $449.17 million for the quarter, compared to analysts' expectations of $435 million. SMART Global had a net margin of 1.97% and a trailing twelve-month return on equity of 49.59%. SMART Global's quarterly revenue was up 47.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 EPS.
View SMART Global's earnings history
.

When did SMART Global's stock split? How did SMART Global's stock split work?

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 created shares were distributed to shareholders after the closing bell on Wednesday, February 2nd 2022. An investor that had 100 shares of SMART Global 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 2022 earnings guidance on Tuesday, April, 26th. The company provided earnings per share guidance of $0.670-$0.830 for the period, compared to the consensus EPS estimate of $0.710. The company issued revenue guidance of $435 million-$475 million, compared to the consensus revenue estimate of $454.87 million.

What price target have analysts set for SGH?

6 brokers have issued 12 month target prices for SMART Global's stock. Their forecasts range from $30.00 to $60.00. On average, they anticipate SMART Global's stock price to reach $43.00 in the next year. This suggests a possible upside of 85.4% 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:
  • Mr. Mark W. Adams, Pres, CEO & Director (Age 58, Pay $2.06M) (LinkedIn Profile)
  • Mr. Ken Rizvi, Sr. VP & CFO (Age 47, Pay $709.84k)
  • Mr. Jack A. Pacheco, Exec. VP, COO & Pres of Memory Solutions (Age 62, Pay $1.1M) (LinkedIn Profile)
  • Ms. Anne Kuykendall, VP & Gen. Counsel (Age 45, Pay $544.02k)
  • Mr. Thierry Pellegrino, Sr. VP & Pres of Intelligent Platform Solutions (Age 47, Pay $679.43k)
  • Mr. Claude Z. Demby, Sr. VP & Pres of LED Solutions (Age 58, Pay $530.04k)
  • Ms. Suzanne Schmidt, Head of Investor Relation
  • Ms. Valerie Sassani, VP of Marketing & Communications
  • Mr. Alan Marten, Sr. VP of Specialty Memory (Age 62) (LinkedIn Profile)
  • Mr. KiWan Kim, Exec. VP & Pres of Emerging Markets (Age 59) (LinkedIn Profile)
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 served 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.58%), State Street Corp (5.47%), Clearbridge Investments LLC (3.14%), Dimensional Fund Advisors LP (2.75%), The Manufacturers Life Insurance Company (2.13%) and Clark Capital Management Group Inc. (2.08%). Company insiders that own SMART Global stock include Ajay Shah, Alan Marten, Claude Demby, Jack A Pacheco, Jack A Pacheco, Kiwan Kim, Lake (Offshore) Aiv Gp Silver, Lake Sumeru (Offshore) Silver, Mark Adams, Mukesh Patel and Stephen C Dow.
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 Walleye Trading LLC, Renaissance Technologies LLC, Group One Trading L.P., UBS Group AG, Cutler Group LP, and Jane Street Group LLC. Company insiders that have sold SMART Global company stock in the last year include Ajay Shah, Claude Demby, Jack A Pacheco, Lake (Offshore) Aiv Gp Silver, Mark Adams, 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, Clearbridge Investments LLC, Boston Partners, Dimensional Fund Advisors LP, Clark Capital Management Group Inc., The Manufacturers Life Insurance Company , and Peregrine Capital Management LLC.
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 $23.19.

How much money does SMART Global make?

SMART Global has a market capitalization of $1.15 billion and generates $1.50 billion in revenue each year. The company earns $21.31 million in net income (profit) each year or $0.644990 on an earnings per share basis.

How many employees does SMART Global have?

SMART Global employs 3,926 workers across the globe.

What is SMART Global's official website?

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

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 5/23/2022 by MarketBeat.com Staff

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