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 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.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:SGH
CUSIPN/A
Phone510-623-1231
Debt
Debt-to-Equity Ratio0.97
Current Ratio1.62
Quick Ratio1.08
Price-To-Earnings
Trailing P/E Ratio7.81
Forward P/E Ratio5.90
P/E Growth0.45
Sales & Book Value
Annual Sales$132.88 million
Price / Sales5.83
Cash Flow$3.1671 per share
Price / Cash11.07
Book Value$3.98 per share
Price / Book8.81
Profitability
EPS (Most Recent Fiscal Year)$2.04
Net Income$-7,790,000.00
Net Margins6.99%
Return on Equity107.17%
Return on Assets22.33%
Miscellaneous
Employees1,169
Outstanding Shares22,110,000
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) issued its earnings results on Thursday, June, 21st. The company reported $1.84 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.77 by $0.07. The firm earned $335.50 million during the quarter, compared to analysts' expectations of $331.47 million. Smart Global had a net margin of 6.99% and a return on equity of 107.17%. The firm's revenue for the quarter was up 62.1% compared to the same quarter last year. During the same period last year, the firm posted $0.62 earnings per share. View Smart Global's Earnings History.
What guidance has Smart Global issued on next quarter's earnings?
Smart Global updated its fourth quarter earnings guidance on Thursday, June, 21st. The company provided earnings per share guidance of 1.62-1.71 for the period, compared to the Thomson Reuters consensus estimate of $1.67. The company issued revenue guidance of $360-$380 million, compared to the consensus revenue estimate of $348.50 million.
What price target have analysts set for SGH?
7 brokerages have issued 12 month price targets for Smart Global's shares. Their predictions range from $28.50 to $75.00. On average, they expect Smart Global's stock price to reach $52.0714 in the next twelve months. 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. " (6/23/2018)
- 2. Needham & Company LLC analysts commented, "Last night after the close, Smart Global announced the acquisition of privately-held $85MM, which includes $25MM of performance based targets. The valuation was 10.5x FY’17 EBITDA and 0.5x FY’17 sales. Penguin is a system integrator targeting primarily GPU-based platforms, artificial intelligence, HPC and machine learning applications. Major end markets include social media, oil & gas, and financial services – markets where SGH does not currently participate. We applaud the acquisition as it diversifies the business away from Brazil (new segment + specialty memory = ~50% of sales) but more importantly uniquely positions the company to be the primary system and memory integrator for emerging markets, such as AI and ML. While EBITDA margins are low (5%) through topline growth, EBITDA margins should expand." (6/12/2018)
Who are some of Smart Global's key competitors?
Some companies that are related to Smart Global include Semtech (SMTC), Cabot Microelectronics (CCMP), BE Semiconductor Industrs (BESIY), Power Integrations (POWI), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Solaredge Technologies (SEDG), Tower Semiconductor (TSEM), Amkor Technology (AMKR), Finisar (FNSR), Silicon Motion Technology (SIMO), Diodes (DIOD), Synaptics (SYNA), Kulicke and Soffa Industries (KLIC) and MACOM Technology Solutions (MTSI).
Who are Smart Global's key executives?
Smart Global's management team includes the folowing people:
- Mr. Ajay B. Shah, Chairman & Co-CEO (Age 59)
- Mr. Iain MacKenzie, Pres, Co-CEO & Director (Age 60)
- Mr. Jack A. Pacheco, Exec. VP, COO, CFO & Principal Accounting Officer (Age 58)
- Mr. KiWan Kim, Sr. VP of Emerging Markets & Pres of SMART Brazil (Age 55)
- Mr. Bruce M. Goldberg, VP, Chief Legal Officer, Chief Compliance Officer & Sec. (Age 63)
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.
Has Smart Global been receiving favorable news coverage?
News headlines about SGH stock have trended somewhat negative recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Smart Global earned a news sentiment score of -0.02 on Accern's scale. They also gave media coverage about the company an impact score of 44.81 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are Smart Global's major shareholders?
Smart Global's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Park West Asset Management LLC (3.51%), BlackRock Inc. (2.51%), JPMorgan Chase & Co. (2.30%), Systematic Financial Management LP (1.45%), Boston Partners (1.03%) and Chicago Equity Partners LLC (0.63%). 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 Park West Asset Management LLC, Barclays PLC, Millennium Management LLC, Systematic Financial Management LP, Alambic Investment Management L.P., Boston Partners, New York State Common Retirement Fund and Citadel Advisors 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, Mukesh Patel and Sandeep Nayyar. View Insider Buying and Selling for Smart Global.
Which major investors are buying Smart Global stock?
SGH stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Hsbc Holdings PLC, Chicago Equity Partners LLC, Wells Fargo & Company MN, Prudential Financial Inc., Russell Investments Group Ltd. and Spark Investment Management LLC. 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 $35.06.
How big of a company is Smart Global?
Smart Global has a market capitalization of $880.93 million and generates $132.88 million in revenue each year. The company earns $-7,790,000.00 in net income (profit) each year or $2.04 on an earnings per share basis. Smart Global employs 1,169 workers across the globe.
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 (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.
