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NASDAQ:SGHSmart Global Stock Price, Forecast & News

$25.71
-0.29 (-1.12 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$25.53
Now: $25.71
$26.12
50-Day Range
$20.67
MA: $24.57
$27.13
52-Week Range
$16.42
Now: $25.71
$39.08
Volume64,014 shs
Average Volume162,539 shs
Market Capitalization$616.78 million
P/E RatioN/A
Dividend YieldN/A
Beta1.1
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 provides networking, storage, and compute solutions, as well as HPC software to manage and use on premise and cloud computing clusters. Further, it 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.72 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:SGH
CUSIPN/A
Phone510-623-1231

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.21 billion
Cash Flow$3.99 per share
Book Value$11.85 per share

Profitability

Net Income$51.33 million

Miscellaneous

Employees1,712
Market Cap$616.78 million
Next Earnings Date6/25/2020 (Estimated)
OptionableOptionable

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Smart Global (NASDAQ:SGH) Frequently Asked Questions

How has Smart Global's stock been impacted by COVID-19 (Coronavirus)?

Smart Global's stock was trading at $22.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SGH stock has increased by 13.1% and is now trading at $25.71. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Smart Global?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smart Global in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Smart Global.

When is Smart Global's next earnings date?

Smart Global is scheduled to release its next quarterly earnings announcement on Thursday, June 25th 2020. View our earnings forecast for Smart Global.

How were Smart Global's earnings last quarter?

Smart Global Holdings Inc (NASDAQ:SGH) issued its earnings results on Tuesday, April, 7th. The company reported $0.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.50 by $0.02. The business earned $272 million during the quarter, compared to analyst estimates of $268.71 million. Smart Global had a negative net margin of 0.18% and a positive return on equity of 10.07%. The firm's quarterly revenue was down 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 earnings per share. View Smart Global's earnings history.

What guidance has Smart Global issued on next quarter's earnings?

Smart Global issued an update on its third quarter earnings guidance on Tuesday, April, 7th. The company provided EPS guidance of $0.63-0.73 for the period, compared to the Thomson Reuters consensus estimate of $0.67. The company issued revenue guidance of $270-300 million, compared to the consensus revenue estimate of $275.98 million.

What price target have analysts set for SGH?

5 equities research analysts have issued 1 year price targets for Smart Global's shares. Their forecasts range from $25.00 to $42.00. On average, they anticipate Smart Global's share price to reach $32.60 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price. View analysts' price targets for Smart Global.

Has Smart Global been receiving favorable news coverage?

News articles about SGH stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Smart Global earned a daily sentiment score of 2.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutSmart Global.

Who are some of Smart Global's key competitors?

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), Intel (INTC), Lam Research (LRCX), NVIDIA (NVDA), Verizon Communications (VZ), Square (SQ), Applied Materials (AMAT), Advanced Micro Devices (AMD) and Exelixis (EXEL).

Who are Smart Global's key executives?

Smart Global's management team includes the following 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 $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 BlackRock Inc. (8.58%), Russell Investments Group Ltd. (3.87%), State Street Corp (2.48%), JPMorgan Chase & Co. (1.71%), Geode Capital Management LLC (0.88%) and Deutsche Bank AG (0.83%). Company insiders that own Smart Global stock include Alan Marten, Bruce M Goldberg, Iain Mackenzie, Jack A Pacheco, Kiwan Kim, 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 Two Sigma Investments LP, AQR Capital Management LLC, BlackRock Inc., Morgan Stanley, Public Sector Pension Investment Board, Citigroup Inc., Acadian Asset Management LLC, and Two Sigma Advisers LP. Company insiders that have sold Smart Global company stock in the last year include Bruce M Goldberg, Kiwan Kim, and Thomas Coull. View insider buying and selling activity for Smart Global.

Which major investors are buying Smart Global stock?

SGH stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Deutsche Bank AG, Nomura Holdings Inc., Matarin Capital Management LLC, JPMorgan Chase & Co., Federated Hermes Inc., Los Angeles Capital Management & Equity Research Inc., and Canada Pension Plan Investment Board. View insider buying and selling activity 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 $25.71.

How big of a company is Smart Global?

Smart Global has a market capitalization of $616.78 million and generates $1.21 billion in revenue each year. The company earns $51.33 million in net income (profit) each year or $2.56 on an earnings per share basis. Smart Global employs 1,712 workers across the globe.

What is Smart Global's official website?

The official website for Smart Global is www.smartm.com.

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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