S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
S&P 500   4,662.85
DOW   35,911.81
QQQ   380.01
NASDAQ:SGH

SMART Global Stock Forecast, Price & News

$66.25
+3.15 (+4.99%)
(As of 01/14/2022 04:00 PM ET)
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Compare
Today's Range
$62.00
$66.41
50-Day Range
$57.02
$73.00
52-Week Range
$36.88
$74.50
Volume
453,118 shs
Average Volume
705,347 shs
Market Capitalization
$1.62 billion
P/E Ratio
46.01
Dividend Yield
N/A
Beta
1.06
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
3,926
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$7.27 per share
Book Value
$13.63 per share

Profitability

Net Income
$21.31 million
Pretax Margin
3.64%

Debt

Price-To-Earnings

Miscellaneous

Free Float
23,743,000
Market Cap
$1.62 billion
Optionable
Optionable

Company Calendar

Last Earnings
1/04/2022
Today
1/16/2022
Next Earnings (Estimated)
4/05/2022
Fiscal Year End
8/31/2022

MarketRank

Overall MarketRank

1.97 out of 5 stars

Computer And Technology Sector

484th out of 896 stocks

Semiconductors & Related Devices Industry

69th out of 119 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.3 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 twelve months. 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 Coronavirus (COVID-19)?

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 shares have increased by 191.5% and is now trading at $66.25.
View which stocks have been most impacted by COVID-19
.

Are investors shorting SMART Global?

SMART Global saw a decrease in short interest in November. As of November 30th, there was short interest totaling 1,720,000 shares, a decrease of 22.9% from the November 15th total of 2,230,000 shares. Based on an average trading volume of 492,400 shares, the days-to-cover ratio is presently 3.5 days. Currently, 8.0% of the company's shares are short sold.
View SMART Global's Short Interest
.

When is SMART Global's next earnings date?

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

How were SMART Global's earnings last quarter?

SMART Global Holdings, Inc. (NASDAQ:SGH) issued its quarterly earnings data on Tuesday, January, 4th. The company reported $2.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $2.00 by $0.16. The firm earned $469.94 million during the quarter, compared to analysts' expectations of $460.06 million. SMART Global had a trailing twelve-month return on equity of 46.53% and a net margin of 2.34%. The business's revenue for the quarter was up 61.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 earnings per share.
View SMART Global's earnings history
.

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

Shares of SMART Global split before market open on Wednesday, February 2nd 2022. The 2-1 split was announced on Wednesday, February 2nd 2022. The newly minted shares will be payable 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 issued an update on its second quarter earnings guidance on Tuesday, January, 4th. The company provided earnings per share (EPS) guidance of $1.30-1.60 for the period, compared to the Thomson Reuters consensus estimate of $1.39. The company issued revenue guidance of $415-455 million, compared to the consensus revenue estimate of $424.71 million.

What price target have analysts set for SGH?

6 brokers have issued 1 year price objectives for SMART Global's stock. Their forecasts range from $72.00 to $100.00. On average, they anticipate SMART Global's share price to reach $85.57 in the next year. This suggests a possible upside of 29.2% 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
  • Claude Demby, Senior Vice President & President-LED Solutions
  • Thierry Pellegrino, SVP & President-Intelligent Platform Solutions

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 initial public offering (IPO) on Wednesday, May 24th 2017. The company issued 5,300,000 shares at a price of $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 investors include State of Alaska Department of Revenue (0.07%) and FNY Investment Advisers LLC (0.03%). 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 State of Alaska Department of Revenue. 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, 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 FNY Investment Advisers 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 $66.25.

How much money does SMART Global make?

SMART Global has a market capitalization of $1.62 billion and generates $1.50 billion in revenue each year. The company earns $21.31 million in net income (profit) each year or $1.44 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.

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 1/16/2022 by MarketBeat.com Staff

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