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
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:SGH
Previous SymbolNYSE:SGH
CUSIPN/A
Phone510-623-1231
Debt
Debt-to-Equity Ratio0.98
Current Ratio1.76
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio5.32
Forward P/E Ratio4.83
P/E Growth0.29
Sales & Book Value
Annual Sales$1.29 billion
Price / Sales0.56
Cash Flow$8.2429 per share
Price / Cash3.87
Book Value$8.39 per share
Price / Book3.80
Profitability
EPS (Most Recent Fiscal Year)$6.00
Net Income$119.46 million
Net Margins9.27%
Return on Equity92.01%
Return on Assets23.16%
Miscellaneous
Employees1,538
Outstanding Shares22,610,000
Market Cap$658.50 million
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) issued its quarterly earnings results on Thursday, October, 4th. The company reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.66 by $0.06. The company earned $373.97 million during the quarter, compared to analyst estimates of $368.51 million. Smart Global had a return on equity of 92.01% and a net margin of 9.27%. The company's quarterly revenue was up 67.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.79 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 first quarter earnings guidance on Thursday, October, 4th. The company provided earnings per share guidance of $1.74-1.79 for the period, compared to the Thomson Reuters consensus estimate of $1.69. The company issued revenue guidance of $375-390 million, compared to the consensus revenue estimate of $384.31 million.
What price target have analysts set for SGH?
5 analysts have issued 1-year price objectives for Smart Global's stock. Their predictions range from $40.00 to $75.00. On average, they anticipate Smart Global's share price to reach $57.40 in the next year. This suggests a possible upside of 79.9% 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. " (10/11/2018)
- 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)
Has Smart Global been receiving favorable news coverage?
Media headlines about SGH stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Smart Global earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the company's share price in the immediate future.
Are investors shorting Smart Global?
Smart Global saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,707,560 shares, an increase of 135.2% from the September 28th total of 1,151,035 shares. Based on an average daily trading volume, of 1,630,777 shares, the days-to-cover ratio is presently 1.7 days. Currently, 22.2% of the shares of the company 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 Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), Viavi Solutions (VIAV), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), Solaredge Technologies (SEDG), Power Integrations (POWI), Diodes (DIOD), BE Semiconductor Industrs (BESIY), Inphi (IPHI), Amkor Technology (AMKR), Tower Semiconductor (TSEM), Kulicke and Soffa Industries (KLIC), OSI Systems (OSIS) and MaxLinear (MXL).
Who are Smart Global's key executives?
Smart Global's management team includes the folowing people:
- Mr. Ajay B. Shah, Chairman, CEO & Pres (Age 59)
- 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)
- Ms. Suzanne Schmidt, Investor Relations Officer
- 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 served 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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.09%), Prudential Financial Inc. (2.73%), JPMorgan Chase & Co. (1.98%), JPMorgan Chase & Co. (1.98%), Dimensional Fund Advisors LP (1.87%) and Russell Investments Group Ltd. (1.40%). 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 Wells Fargo & Company MN, Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., O Shaughnessy Asset Management LLC, TIAA CREF Investment Management LLC, Panagora Asset Management Inc. and Teachers 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 Dimensional Fund Advisors LP, Prudential Financial Inc., Russell Investments Group Ltd., AQR Capital Management LLC, American Century Companies Inc., Seizert Capital Partners LLC, Bowling Portfolio Management LLC and BlackRock Inc.. 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 $31.90.
How big of a company is Smart Global?
Smart Global has a market capitalization of $658.50 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?
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.
