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.
Read More…
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Phone510-623-1231
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.29 billion
Profitability
Miscellaneous
Employees1,538
Next Earnings Date10/3/2019 (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 data on Thursday, June, 27th. The company reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.03. The firm earned $235.70 million during the quarter, compared to the consensus estimate of $264.98 million. Smart Global had a net margin of 5.77% and a return on equity of 40.99%. The firm's quarterly revenue was down 29.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.84 earnings per share. View Smart Global's Earnings History.
When is Smart Global's next earnings date?
What guidance has Smart Global issued on next quarter's earnings?
Smart Global updated its fourth quarter earnings guidance on Thursday, June, 27th. The company provided EPS guidance of $0.55-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68. The company issued revenue guidance of $270-280 million, compared to the consensus revenue estimate of $299.02 million.
What price target have analysts set for SGH?
5 Wall Street analysts have issued 1-year target prices for Smart Global's shares. Their predictions range from $30.00 to $50.00. On average, they expect Smart Global's share price to reach $39.20 in the next year. This suggests a possible upside of 22.1% 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 5 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. " (9/11/2019)
- 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 been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Smart Global earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles 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 next few days. View News Stories for Smart Global.
Are investors shorting Smart Global?
Smart Global saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 2,180,300 shares, a decline of 5.5% from the July 15th total of 2,308,300 shares. Based on an average daily trading volume, of 380,600 shares, the days-to-cover ratio is currently 5.7 days. Approximately 17.2% of the company's shares are short sold. View Smart Global's Current Options Chain.
Who are some of Smart Global's key competitors?
Some companies that are related to Smart Global include Inphi (IPHI), Finisar (FNSR), Power Integrations (POWI), Acacia Communications (ACIA), Lattice Semiconductor (LSCC), BE Semiconductor Industrs (BESIY), AU Optronics (AUO), Amkor Technology (AMKR), SunPower (SPWR), Ambarella (AMBA), Diodes (DIOD), Tower Semiconductor (TSEM), OSI Systems (OSIS), MaxLinear (MXL) and Kulicke and Soffa Industries (KLIC).
What other stocks do shareholders of Smart Global own?
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 initial public offering 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 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.15%), Vanguard Group Inc. (6.02%), Russell Investments Group Ltd. (3.40%), Brown Advisory Inc. (3.10%), Boston Partners (1.99%) and AQR Capital Management LLC (1.26%). 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, Sandeep Nayyar and Stephen C Dow. 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 Renaissance Technologies LLC, Boston Partners, Victory Capital Management Inc., Pinnacle Associates Ltd., Vanguard Group Inc., Charles Schwab Investment Management Inc., Prudential Financial Inc. and Bank of America Corp DE. 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 and Mukesh Patel. View Insider Buying and Selling 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 Brown Advisory Inc., AQR Capital Management LLC, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, Morgan Stanley, BlackRock Inc., Mackenzie Financial Corp and Mackenzie Financial 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, Robinhood, Fidelity and Charles Schwab.
What is Smart Global's stock price today?
One share of SGH stock can currently be purchased for approximately $32.11.
How big of a company is Smart Global?
Smart Global has a market capitalization of $741.10 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.View Additional Information About Smart Global.
What is Smart Global's official website?
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)
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.
