NASDAQ:SGH - Smart Global Stock Price, News, & Analysis

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$30.83 +1.10 (+3.70 %)

(As of 02/22/2019 04:00 PM ET)

Previous Close$30.83

Today's Range$29.56 - $31.01

52-Week Range$21.04 - $56.69

Volume419,899 shs

Average Volume392,986 shs

Market Capitalization$704.16 million

P/E Ratio5.14

Dividend YieldN/A

Beta0.3

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.

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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 Ratio0.87

Current Ratio1.87

Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio5.14

Forward P/E Ratio6.91

P/E Growth0.44

Sales & Book Value

Annual Sales$1.29 billion

Price / Sales0.55

Cash Flow$7.8051 per share

Price / Cash Flow3.95

Book Value$8.39 per share

Price / Book3.67

Profitability

EPS (Most Recent Fiscal Year)$6.00

Net Income$119.46 million

Net Margins9.13%

Return on Equity83.61%

Return on Assets23.28%

Miscellaneous

Employees1,538

Outstanding Shares22,840,000

Market Cap$704.16 million

Next Earnings Date3/28/2019 (Estimated)

OptionableOptionable

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 Tuesday, January, 8th. The company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by $0.17. The business earned $393.90 million during the quarter, compared to the consensus estimate of $382.23 million. Smart Global had a return on equity of 83.61% and a net margin of 9.13%. The firm's revenue was up 48.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 earnings per share. View Smart Global's Earnings History.

When is Smart Global's next earnings date?

Smart Global is scheduled to release their next quarterly earnings announcement on Thursday, March 28th 2019. View Earnings Estimates for Smart Global.

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

Smart Global updated its second quarter earnings guidance on Tuesday, January, 8th. The company provided earnings per share guidance of $0.73-$0.77 for the period, compared to the Thomson Reuters consensus estimate of $1.27. The company issued revenue guidance of $310-$325 million, compared to the consensus revenue estimate of $326.22 million.Smart Global also updated its Q2 2019 guidance to $0.73-0.77 EPS.

What price target have analysts set for SGH?

5 analysts have issued 12-month target prices for Smart Global's shares. Their predictions range from $38.00 to $75.00. On average, they anticipate Smart Global's stock price to reach $50.60 in the next twelve months. This suggests a possible upside of 64.1% from the stock's current price. View Analyst Price Targets for Smart Global.

What is the consensus analysts' recommendation for Smart Global?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smart Global in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (1/12/2019)
2. Needham & Company LLC analysts commented, "We downgrade Strong Buy. We had anticipated that the local content rules would increase to 60% in CY19 from 50% driving overall unit growth. However, several of SGH’s largest smartphone customers (Samsung, LG) have pushed out memory purchases because of declining memory prices and the fact they overbought in the C1H18 when there were memory shortages. As a result, local content rules will remain at 50% throughout CY19 and consequently we forecast Brazil (51% of sales) to decline 20-25% in FY19. Moreover, the Brazil segment operated at the corporate gross margin, so a revenue mix shift will cause the margin to decline to 18-19% (vs. 21-23%). Given the lack of mobile growth and a steep cut to estimates, we move to the sidelines until local content rules increase to 60% and margins stabilize." (1/9/2019)

Has Smart Global been receiving favorable news coverage?

News headlines about SGH stock have trended somewhat positive recently, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Smart Global earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.

Who are some of Smart Global's key competitors?

Some companies that are related to Smart Global include Cirrus Logic (CRUS), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), Amkor Technology (AMKR), Power Integrations (POWI), Diodes (DIOD), BE Semiconductor Industrs (BESIY), Solaredge Technologies (SEDG), Inphi (IPHI), Tower Semiconductor (TSEM), OSI Systems (OSIS), MaxLinear (MXL), Kulicke and Soffa Industries (KLIC), Lattice Semiconductor (LSCC) and Silicon Motion Technology (SIMO).

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), Intel (INTC), Alibaba Group (BABA), NVIDIA (NVDA), Square (SQ), Applied Materials (AMAT), Lam Research (LRCX), Advanced Micro Devices (AMD), Ichor (ICHR) and AbbVie (ABBV).

Who are Smart Global's key executives?

Smart Global's management team includes the folowing 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 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.

Who are Smart Global's major shareholders?

Smart Global's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Park West Asset Management LLC (8.75%), BlackRock Inc. (7.27%), Boston Partners (2.76%), Dimensional Fund Advisors LP (2.34%), Brown Advisory Inc. (1.92%) and Prudential Financial Inc. (0.91%). 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 Prudential Financial Inc., Gotham Asset Management LLC, Geode Capital Management LLC, Chicago Equity Partners LLC, Acadian Asset Management LLC, Martingale Asset Management L P, Stifel Financial Corp and Bowling Portfolio Management LLC. 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 and Mukesh Patel. View Insider Buying and Selling for Smart Global.

Which major investors are buying Smart Global stock?

SGH stock was acquired by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, BlackRock Inc., Brown Advisory Inc., Boston Partners, Principal Financial Group Inc., Dimensional Fund Advisors LP, Pinnacle Associates Ltd. and Bank of New York Mellon Corp. 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 $30.83.

How big of a company is Smart Global?

Smart Global has a market capitalization of $704.16 million and generates $1.29 billion in revenue each year. The company earns $119.46 million in net income (profit) each year or $6.00 on an earnings per share basis. Smart Global employs 1,538 workers across the globe.

What is Smart Global's official website?

The official website for Smart Global is http://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]

MarketBeat Community Rating for Smart Global (NASDAQ SGH)

Community Ranking:		2.5 out of 5 ( )
Outperform Votes:		242 (Vote Outperform)
Underperform Votes:		250 (Vote Underperform)
Total Votes:		492

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.

This page was last updated on 2/23/2019 by MarketBeat.com Staff