NASDAQ:SGHSmart Global Stock Price, Forecast & News

$26.19

+0.08 (+0.31 %)

(As of 05/29/2020 02:54 PM ET)

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Today's Range

$25.51

Now: $26.19▼

$26.42

50-Day Range

$21.31

MA: $24.85▼

$27.13

52-Week Range

$16.42

Now: $26.19▼

$39.08

Volume6,213 shs

Average Volume137,554 shs

Market Capitalization$628.30 million

P/E RatioN/A

Dividend YieldN/A

Beta1.1

SMART Global Holdings, Inc. designs, manufactures, and supplies specialty memory solutions worldwide. The company offers dynamic random access memory (DRAM) components, which are used to manufacture modules and other products; DRAM modules for desktop, notebook, and server applications, as well as for use in smartphones; and specialty DRAM modules for industrial, communications, and networking applications, as well as develops specialized memory module designs based on original equipment manufacturer (OEM) requirements. It also provides flash memory, USB, and serial advanced technology attachment products primarily for use in communications equipment, printers, servers and storage products, switches, and routers; and aerospace, automotive, and defense industries, as well as industrial applications. In addition, the company provides networking, storage, and compute solutions, as well as HPC software to manage and use on premise and cloud computing clusters. Further, it offers supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. SMART Global Holdings, Inc. sells its products to OEMs through direct sales force and independent sales representatives in North America, Latin America, Asia, and Europe. 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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Smart Global has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.60, Smart Global has a potential upside of 24.5% from its current price of $26.19.
Amount of Analyst Coverage
Smart Global has only been the subject of 3 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Smart Global has received 350 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Smart Global has received 384 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Smart Global has received 52.32% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Smart Global and other stocks. Vote “Outperform” if you believe SGH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SGH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Smart Global does not currently pay a dividend.
Dividend Growth
Smart Global does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Smart Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.90% of the stock of Smart Global is held by insiders.
Percentage Held by Institutions
93.44% of the stock of Smart Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Smart Global are expected to grow by 54.34% in the coming year, from $1.73 to $2.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Smart Global is -327.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Smart Global is -327.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Smart Global has a P/B Ratio of 2.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:SGH

Previous SymbolNYSE:SGH

CUSIPN/A

CIK1616533

Webwww.smartm.com

Phone510-623-1231

Debt

Debt-to-Equity Ratio0.70

Current Ratio1.98

Quick Ratio1.40

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio15.14

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.21 billion

Price / Sales0.52

Cash Flow$3.86 per share

Price / Cash Flow6.78

Book Value$11.85 per share

Price / Book2.21

Profitability

EPS (Most Recent Fiscal Year)$2.56

Net Income$51.33 million

Net Margins-0.18%

Return on Equity10.07%

Return on Assets3.72%

Miscellaneous

Employees1,712

Outstanding Shares23,990,000

Market Cap$628.30 million

Next Earnings Date6/25/2020 (Estimated)

OptionableOptionable

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Smart Global (NASDAQ:SGH) Frequently Asked Questions

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

Smart Global's stock was trading at $22.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SGH stock has increased by 15.2% and is now trading at $26.19. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Smart Global?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smart Global in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Smart Global.

When is Smart Global's next earnings date?

Smart Global is scheduled to release its next quarterly earnings announcement on Thursday, June 25th 2020. View our earnings forecast for Smart Global.

How were Smart Global's earnings last quarter?

Smart Global Holdings Inc (NASDAQ:SGH) posted its quarterly earnings data on Tuesday, April, 7th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The company had revenue of $272 million for the quarter, compared to the consensus estimate of $268.71 million. Smart Global had a negative net margin of 0.18% and a positive return on equity of 10.07%. The firm's quarterly revenue was down 10.6% compared to the same quarter last year. During the same period last year, the company posted $0.77 EPS. View Smart Global's earnings history.

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

Smart Global issued an update on its third quarter earnings guidance on Tuesday, April, 7th. The company provided earnings per share (EPS) guidance of $0.63-0.73 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.67. The company issued revenue guidance of $270-300 million, compared to the consensus revenue estimate of $275.98 million.

What price target have analysts set for SGH?

5 Wall Street analysts have issued twelve-month target prices for Smart Global's stock. Their forecasts range from $25.00 to $42.00. On average, they expect Smart Global's stock price to reach $32.60 in the next year. This suggests a possible upside of 24.5% from the stock's current price. View analysts' price targets for Smart Global.

Has Smart Global been receiving favorable news coverage?

Media coverage about SGH stock has trended negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Smart Global earned a news sentiment score of -2.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutSmart Global.

Who are some of Smart Global's key competitors?

Some companies that are related to Smart Global include Diodes (DIOD), AU Optronics (AUOTY), AU Optronics (AUO), Tower Semiconductor (TSEM), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Ambarella (AMBA), FormFactor (FORM), Rambus (RMBS), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), OSI Systems (OSIS), MaxLinear (MXL), SunPower (SPWR) and Canadian Solar (CSIQ). View all 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), Intel (INTC), Lam Research (LRCX), NVIDIA (NVDA), Verizon Communications (VZ), Square (SQ), Applied Materials (AMAT), Advanced Micro Devices (AMD) and Exelixis (EXEL).

Who are Smart Global's key executives?

Smart Global's management team includes the following people:

Mr. Ajay B. Shah, Chairman, CEO & Pres (Age 60)
Mr. Jack A. Pacheco, Exec. VP, COO & CFO (Age 59)
Mr. Bruce M. Goldberg, VP, Chief Legal Officer, Chief Compliance Officer & Sec. (Age 64)
Mr. Alan Marten, Sr. VP of Specialty Memory (Age 59)
Mr. KiWan Kim, Sr. VP of Emerging Markets (Age 56)

When did Smart Global IPO?

(SGH) raised $74 million in an initial public offering 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.58%), Russell Investments Group Ltd. (3.87%), State Street Corp (2.48%), JPMorgan Chase & Co. (1.71%), Geode Capital Management LLC (0.88%) and Deutsche Bank AG (0.83%). Company insiders that own Smart Global stock include Alan Marten, Bruce M Goldberg, Iain Mackenzie, Jack A Pacheco, Kiwan Kim, Mukesh Patel, Stephen C Dow and Thomas Coull. View institutional ownership trends for Smart Global.

Which institutional investors are selling Smart Global stock?

SGH stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, AQR Capital Management LLC, BlackRock Inc., Morgan Stanley, Public Sector Pension Investment Board, Citigroup Inc., Acadian Asset Management LLC, and Two Sigma Advisers LP. Company insiders that have sold Smart Global company stock in the last year include Bruce M Goldberg, Kiwan Kim, and Thomas Coull. View insider buying and selling activity for Smart Global.

Which institutional investors are buying Smart Global stock?

SGH stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Deutsche Bank AG, Nomura Holdings Inc., Matarin Capital Management LLC, JPMorgan Chase & Co., Federated Hermes Inc., Los Angeles Capital Management & Equity Research Inc., and Canada Pension Plan Investment Board. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Smart Global's stock price today?

One share of SGH stock can currently be purchased for approximately $26.19.

How big of a company is Smart Global?

Smart Global has a market capitalization of $628.30 million and generates $1.21 billion in revenue each year. The company earns $51.33 million in net income (profit) each year or $2.56 on an earnings per share basis. Smart Global employs 1,712 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 510-623-1231 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff