NASDAQ:SGH - Smart Global Stock Price, News, & Analysis

Smart Global trades on the NASDAQ under the ticker symbol "SGH."

Smart Global Holdings Inc (NASDAQ:SGH) posted its quarterly earnings results on Tuesday, January, 8th. The company reported $1.60 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.77 by $0.17. The business earned $393.90 million during the quarter, compared to analyst estimates of $382.23 million. Smart Global had a net margin of 9.13% and a return on equity of 83.61%. The company's quarterly revenue was up 48.4% on a year-over-year basis. During the same period last year, the firm posted $1.05 earnings per share. View Smart Global's Earnings History.

Smart Global is scheduled to release their next quarterly earnings announcement on Thursday, March 28th 2019. View Earnings Estimates for Smart Global.

Smart Global issued an update on its second quarter earnings guidance on Tuesday, January, 8th. The company provided EPS guidance of $0.73-$0.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.27. The company issued revenue guidance of $310-$325 million, compared to the consensus revenue estimate of $326.22 million.Smart Global also updated its Q2 2019 guidance to $0.73-0.77 EPS.

5 brokers have issued 12-month price objectives for Smart Global's stock. Their predictions range from $38.00 to $75.00. On average, they anticipate Smart Global's share price to reach $50.60 in the next year. This suggests a possible upside of 64.1% from the stock's current price. View Analyst Price Targets for Smart Global.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Smart Global in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Smart Global.

News headlines about SGH stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing 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 closest to five being the most favorable. Smart Global earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Some companies that are related to Smart Global include Cirrus Logic (CRUS), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), Amkor Technology (AMKR), Power Integrations (POWI), Diodes (DIOD), BE Semiconductor Industrs (BESIY), Solaredge Technologies (SEDG), Inphi (IPHI), Tower Semiconductor (TSEM), OSI Systems (OSIS), MaxLinear (MXL), Kulicke and Soffa Industries (KLIC), Lattice Semiconductor (LSCC) and Silicon Motion Technology (SIMO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Smart Global investors own include Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), NVIDIA (NVDA), Square (SQ), Applied Materials (AMAT), Lam Research (LRCX), Advanced Micro Devices (AMD), AbbVie (ABBV) and Ichor (ICHR).

(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.

Smart Global's stock is owned by a number of of institutional and retail investors. Top institutional investors include Park West Asset Management LLC (8.75%), BlackRock Inc. (7.27%), Boston Partners (2.76%), Dimensional Fund Advisors LP (2.34%), Brown Advisory Inc. (1.92%) and Prudential Financial Inc. (0.91%). 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.

SGH stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Gotham Asset Management LLC, Geode Capital Management LLC, Chicago Equity Partners LLC, Acadian Asset Management LLC, Martingale Asset Management L P, Stifel Financial Corp and Bowling Portfolio Management 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 and Mukesh Patel. View Insider Buying and Selling for Smart Global.

SGH stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, BlackRock Inc., Brown Advisory Inc., Boston Partners, Principal Financial Group Inc., Dimensional Fund Advisors LP, Pinnacle Associates Ltd. and Bank of New York Mellon Corp. View Insider Buying and Selling for 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.

One share of SGH stock can currently be purchased for approximately $30.83.

Smart Global has a market capitalization of $704.16 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.

The official website for Smart Global is http://www.smartm.com.

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]