NASDAQ:SGH

SMART Global Stock Forecast, Price & News

$56.59
+0.06 (+0.11 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$54.52
Now: $56.59
$56.78
50-Day Range
$42.80
MA: $47.79
$56.53
52-Week Range
$20.66
Now: $56.59
$57.69
Volume255,150 shs
Average Volume297,937 shs
Market Capitalization$1.40 billion
P/E Ratio31.27
Dividend YieldN/A
Beta0.97
SMART Global Holdings, Inc. designs and manufactures electronic products focused in memory and computing technology areas. It offers dynamic random access memory (DRAM) modules for desktops, notebooks, and servers; and embedded and removable flash memory products; and flash component products, such as embedded multimedia controllers, and embedded and removal products in USB, CompactFlash and SD/microSD card configurations. The company also provides supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. In addition, it offers specialty compute and storage system solutions to customers various verticals, including financial services, energy, government, social media, and education end markets; and offers 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 bare metal HPC in hardware or cloud-based solutions through Penguin Computing On-Demand; Open Compute Tundra Extreme Scale products; turn-key storage solutions based upon its Frostbyte storage platform; and rackmount servers and GPU accelerated computing platforms. The company 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.
SMART Global logo

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
Current SymbolNASDAQ:SGH
CUSIPN/A
Phone510-623-1231
Employees1,754
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.12 billion
Cash Flow$5.76 per share
Book Value$11.23 per share

Profitability

Net Income$-1,140,000.00

Miscellaneous

Market Cap$1.40 billion
Next Earnings Date7/6/2021 (Estimated)
OptionableOptionable

Headlines

Bull of the Day: SMART Global Holdings (SGH)
April 15, 2021 |  nasdaq.com
New Strong Buy Stocks for April 12th
April 12, 2021 |  finance.yahoo.com
SMART Global (NASDAQ:SGH) Hits New 52-Week High at $56.99
April 12, 2021 |  americanbankingnews.com
Barclays Initiates Coverage on SMART Global (NASDAQ:SGH)
April 7, 2021 |  americanbankingnews.com
SMART Global (NASDAQ:SGH) Reaches New 52-Week High at $51.30
April 6, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.28 out of 5 stars

Computer And Technology Sector

498th out of 1,551 stocks

Semiconductors & Related Devices Industry

77th out of 147 stocks

Analyst Opinion: 1.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
$56.59
+0.06 (+0.11 %)
(As of 04/16/2021 12:00 AM ET)
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SMART Global (NASDAQ:SGH) Frequently Asked Questions

Is SMART Global a buy right now?

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

What stocks does MarketBeat like better than SMART Global?

Wall Street analysts have given SMART Global a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SMART Global wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is SMART Global's next earnings date?

SMART Global is scheduled to release its next quarterly earnings announcement on Tuesday, July 6th 2021.
View our earnings forecast for SMART Global
.

How were SMART Global's earnings last quarter?

SMART Global Holdings, Inc. (NASDAQ:SGH) announced its earnings results on Monday, April, 5th. The company reported $0.87 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.07. The company had revenue of $304 million for the quarter, compared to analysts' expectations of $295.57 million. SMART Global had a trailing twelve-month return on equity of 16.65% and a net margin of 0.06%. The business's revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.52 EPS.
View SMART Global's earnings history
.

How has SMART Global's stock price been impacted by COVID-19 (Coronavirus)?

SMART Global's stock was trading at $22.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SGH shares have increased by 149.0% and is now trading at $56.59.
View which stocks have been most impacted by COVID-19
.

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

SMART Global updated its third quarter earnings guidance on Tuesday, April, 6th. The company provided earnings per share guidance of $1.00-$1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.90. The company issued revenue guidance of $400-$430 million, compared to the consensus revenue estimate of $314.01 million.

What price target have analysts set for SGH?

5 brokerages have issued twelve-month price targets for SMART Global's stock. Their forecasts range from $55.00 to $65.00. On average, they anticipate SMART Global's stock price to reach $60.50 in the next year. This suggests a possible upside of 6.9% 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. Ajay B. Shah, Exec. Chairman (Age 62, Pay $53.92k)
  • Mr. Jack A. Pacheco, Exec. VP & COO (Age 61, Pay $654.65k)
  • Mr. Bruce M. Goldberg, VP, Chief Legal Officer, Chief Compliance Officer & Sec. (Age 66, Pay $410.82k)
  • Mr. Alan Marten, Sr. VP of Specialty Memory (Age 61, Pay $441.98k)
  • Mr. KiWan Kim, Exec. VP (Age 58, Pay $697.58k)
  • Mr. Mark W. Adams, Pres, CEO & Director (Age 57)
  • Mr. Ken Rizvi, Sr. VP & CFO
  • Ms. Suzanne Schmidt, Investor Relations Officer
  • Mr. Karl Motey, VP of Strategic Marketing & Communications
  • Mr. Thomas Coull, Sr. VP of Specialty Compute & Storage Solutions and CEO of Penguin Computing (Age 66)

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.

Who are some of SMART Global's key competitors?

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 institutional and retail investors. Top institutional shareholders include Means Investment CO. Inc. (0.08%) and State of Alaska Department of Revenue (0.04%). Company insiders that own SMART Global stock include Alan Marten, Bruce M Goldberg, Jack A Pacheco, Kiwan Kim, Lake Sumeru (Offshore) Silver, Mark Adams, 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 Means Investment CO. Inc., and State of Alaska Department of Revenue. Company insiders that have sold SMART Global company stock in the last year include Alan Marten, Jack A Pacheco, Kiwan Kim, Lake Sumeru (Offshore) Silver, and Stephen C Dow.
View insider buying and selling activity for SMART Global
or view top insider-selling 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 $56.59.

How much money does SMART Global make?

SMART Global has a market capitalization of $1.40 billion and generates $1.12 billion in revenue each year. The company earns $-1,140,000.00 in net income (profit) each year or $1.81 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 510-623-1231 or via email at [email protected]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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