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Is This The End of Capitalism? (Ad)
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Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Trustees picked by DeSantis may change progressive college
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Cassava Sciences Stock Undervalued with Its $124 Price Target?
NASDAQ:SGH

SMART Global - SGH Stock Forecast, Price & News

$17.17
-0.30 (-1.72%)
(As of 01/27/2023 08:56 PM ET)
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Compare
Today's Range
$17.11
$17.50
50-Day Range
$14.48
$17.47
52-Week Range
$12.04
$29.34
Volume
203,800 shs
Average Volume
933,467 shs
Market Capitalization
$844.76 million
P/E Ratio
17.52
Dividend Yield
N/A
Price Target
$27.00

SMART Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.3% Upside
$27.00 Price Target
Short Interest
Bearish
7.46% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.92mentions of SMART Global in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$191,118 Sold Last Quarter
Proj. Earnings Growth
14.38%
From $1.53 to $1.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Computer And Technology Sector

225th out of 630 stocks

Semiconductors & Related Devices Industry

28th out of 92 stocks


SGH stock logo

About SMART Global (NASDAQ:SGH) Stock

SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United States, Brazil, China, Europe, and internationally. It operates through three segments: Memory Solutions, Intelligent Platform Solutions, and LED Solutions. The company offers dynamic random access memory modules for desktops, notebooks, servers, and smartphones; embedded and removable flash memory products; and flash component products. It also provides supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. In addition, the company offers Penguin Computing solutions to customers in financial services, energy, government, social media, and education end markets; Penguin Edge solutions to government, telecommunications, health care, smart city, network edge, and industrial applications; and 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 networking in hardware or cloud-based solutions through Penguin-On-Demand; Open Compute Tundra Extreme Scale products; turn-key storage solutions; and rackmount servers and GPU accelerated computing platforms. Additionally, the company's LED Solutions offers application-optimized LEDs for lighting, video screens, and specialty lighting applications under the CreeLED brand. It 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 Milpitas, California.

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SGH Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
SGH.OQ - | Stock Price & Latest News | Reuters
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
SGH Reports First Quarter Fiscal 2023 Financial Results
See More Headlines
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SGH Company Calendar

Last Earnings
1/03/2023
Today
1/29/2023
Next Earnings (Estimated)
4/04/2023
Fiscal Year End
8/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SGH
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$27.00
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+57.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$66.56 million
Pretax Margin
3.87%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$4.68 per share
Book Value
$7.30 per share

Miscellaneous

Free Float
47,383,000
Market Cap
$844.76 million
Optionable
Optionable
Beta
1.32

Key Executives

  • Mr. Mark W. AdamsMr. Mark W. Adams (Age 59)
    Pres, CEO & Director
    Comp: $1.67M
  • Mr. Ken Rizvi (Age 48)
    Sr. VP & CFO
    Comp: $949.68k
  • Mr. Jack A. PachecoMr. Jack A. Pacheco (Age 63)
    Exec. VP, COO & Pres of Memory Solutions
    Comp: $948.77k
  • Mr. Thierry Pellegrino (Age 47)
    Sr. VP & Pres of Intelligent Platform Solutions
    Comp: $940.91k
  • Mr. Claude Z. Demby (Age 59)
    Consultant
    Comp: $929.8k
  • Ms. Suzanne Schmidt
    Head of Investor Relation
  • Ms. Anne Kuykendall (Age 46)
    VP & Gen. Counsel
  • Ms. Valerie Sassani
    VP of Marketing & Communications
  • Mr. David J. C. Laurello (Age 67)
    Sr. VP of Corp. Devel. & Pres and CEO of Stratus
  • Mr. Richard Hazell (Age 61)
    Sr. Director of Worldwide Sales













SGH Stock - Frequently Asked Questions

Should I buy or sell SMART Global stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SMART Global in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGH shares.
View SGH analyst ratings
or view top-rated stocks.

What is SMART Global's stock price forecast for 2023?

5 brokers have issued twelve-month target prices for SMART Global's stock. Their SGH share price forecasts range from $20.00 to $38.00. On average, they predict the company's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price.
View analysts price targets for SGH
or view top-rated stocks among Wall Street analysts.

How have SGH shares performed in 2023?

SMART Global's stock was trading at $14.88 at the start of the year. Since then, SGH shares have increased by 15.4% and is now trading at $17.17.
View the best growth stocks for 2023 here
.

Are investors shorting SMART Global?

SMART Global saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 3,670,000 shares, an increase of 20.3% from the December 31st total of 3,050,000 shares. Based on an average daily volume of 619,300 shares, the days-to-cover ratio is presently 5.9 days.
View SMART Global's Short Interest
.

When is SMART Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 4th 2023.
View our SGH earnings forecast
.

How were SMART Global's earnings last quarter?

SMART Global Holdings, Inc. (NASDAQ:SGH) issued its quarterly earnings results on Tuesday, January, 3rd. The company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.17. The business had revenue of $465.48 million for the quarter, compared to analysts' expectations of $445.86 million. SMART Global had a net margin of 2.84% and a trailing twelve-month return on equity of 36.71%. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.16 earnings per share.

When did SMART Global's stock split?

Shares of SMART Global split on Wednesday, February 2nd 2022. The 2-1 split was announced on Wednesday, February 2nd 2022. The newly issued shares were distributed to shareholders after the closing bell on Wednesday, February 2nd 2022. An investor that had 100 shares of 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, 3rd. The company provided earnings per share (EPS) guidance of $0.45-0.75 for the period, compared to the consensus EPS estimate of $0.49. The company issued revenue guidance of $410-460 million, compared to the consensus revenue estimate of $429.44 million.

What is Iain MacKenzie's approval rating as SMART Global's CEO?

11 employees have rated SMART Global Chief Executive Officer Iain MacKenzie on Glassdoor.com. Iain MacKenzie has an approval rating of 93% among the company'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), Block (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 $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 retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.24%), Paradiem LLC (0.40%), Pinnacle Associates Ltd. (0.13%), SummerHaven Investment Management LLC (0.09%), State of Alaska Department of Revenue (0.07%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Ajay Shah, Alan Marten, Claude Demby, Jack A Pacheco, Jack A Pacheco, Ken Rizvi, Kiwan Kim, Lake (Offshore) Aiv Gp Silver, Lake Sumeru (Offshore) Silver, Mark Adams, Mukesh Patel, Penny Herscher, Stephen C Dow and Thierry Pellegrino.
View institutional ownership trends
.

How do I buy shares of SMART Global?

Shares of SGH stock 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 $17.17.

How much money does SMART Global make?

SMART Global (NASDAQ:SGH) has a market capitalization of $844.76 million and generates $1.82 billion in revenue each year. The company earns $66.56 million in net income (profit) each year or $0.98 on an earnings per share basis.

How many employees does SMART Global have?

The company employs 3,600 workers across the globe.

How can I contact SMART Global?

SMART Global's mailing address is 39870 EUREKA DRIVE, NEWARK CA, 94560. The official website for the company is www.smartm.com. The company can be reached via phone at (866) 977-4446, via email at ir@smartm.com, or via fax at 510-623-1434.

This page (NASDAQ:SGH) was last updated on 1/30/2023 by MarketBeat.com Staff