About Smart Global (NASDAQ:SGH)
Smart Global Holdings Inc. is a holding company. The Company through its subsidiaries provides specialty memory solutions. The Company manufactures memory for desktops, notebooks, servers and mobile memory for smartphones. The Company also serves original equipment manufacturer (OEM), customers to develop memory solutions. The Company also provides customized, integrated supply chain services to certain OEM customers to assist them in the management and execution of their procurement processes. The Company offers its products and services under a range of categories including dynamic random-access memory (DRAM) components, DRAM modules, flash components, mobile memory and supply chain services. The Company offers a range of DRAM modules including DIMMs, nonvolatile DIMMs, load reducing DIMMs, registered DIMMs, unbuffered DIMMs, small outline DIMMs, and mini-DIMMs.
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 Ratio20.50
Forward P/E Ratio7.04
P/E Growth0.47
Sales & Book Value
Annual Sales$132.88 million
Price / Sales6.96
Cash Flow$3.5981 per share
Price / Cash11.62
Book Value$6.65 per share
Price / Book6.29
Profitability
EPS (Most Recent Fiscal Year)$2.04
Net Income$-7,790,000.00
Net Margins5.50%
Return on Equity100.66%
Return on Assets17.45%
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) announced its earnings results on Thursday, March, 22nd. The company reported $1.73 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.33 by $0.40. The business earned $314 million during the quarter, compared to the consensus estimate of $290.06 million. Smart Global had a net margin of 5.50% and a return on equity of 100.66%. The company's quarterly revenue was up 82.6% compared to the same quarter last year. 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 Thursday, March, 22nd. The company provided EPS guidance of $1.74-$1.82 for the period, compared to the Thomson Reuters consensus estimate of $1.26. The company issued revenue guidance of $320-$340 million, compared to the consensus revenue estimate of $290.88 million.
What price target have analysts set for SGH?
7 brokers have issued twelve-month price objectives for Smart Global's stock. Their forecasts range from $28.50 to $75.00. On average, they anticipate Smart Global's share price to reach $49.6429 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. " (3/28/2018)
- 2. Needham & Company LLC analysts commented, "Yesterday afternoon Smart Global Holdings announced updated guidance for F1Q18 with revenue and non-GAAP EPS above the high end of previous guidance. The change comes from stronger than expected strength in the global memory market and its Brazilian business during the first two months of the quarter. Importantly SGH believes that its F2Q18 quarter could come in flat-slightly up compared to F1Q18 in a seasonally down quarter (SGH plans to keep Brazilian factory running in F2Q18 rather than a typical 2-3 week close due to strong Brazil Mobile demand). We continue to believe that SGH is worth 11.3x P/E on our FY18 estimates and have raised our PT to $43 to reflect our updated estimate of $3.80." (11/16/2017)
Who are some of Smart Global's key competitors?
Some companies that are related to Smart Global include Dialog Semiconductor (DLGNF), Finisar (FNSR), Kulicke and Soffa Industries (KLIC), Silicon Motion (SIMO), Ambarella (AMBA), Synaptics (SYNA), MaxLinear (MXL), Rambus (RMBS), Diodes (DIOD), Oclaro (OCLR), SunPower (SPWR), Inphi (IPHI), OSI Systems (OSIS), Himax (HIMX), Xperi (XPER), Acacia Communications (ACIA), MACOM Technology Solutions (MTSI) and FormFactor (FORM).
Who are Smart Global's key executives?
Smart Global's management team includes the folowing people:
- Ajay Shah, Executive Chairman of the Board, Co-Chief Executive Officer
- Iain MacKenzie, President, Co-Chief Executive Officer, Director (Age 58)
- Jack A. Pacheco, Chief Financial Officer, Chief Operating Officer, Senior Vice President (Age 56)
- KiWan Kim, Senior Vice President - Emerging Markets and President, SMART Brazil (Age 54)
- Alan Marten, Chief Strategy Officer, Senior Vice President (Age 57)
- Bruce M. Goldberg, Vice President, Chief Legal Officer, Chief Compliance Officer, Secretary (Age 60)
- Randy W. Furr, Director
- Kenneth Y. Hao, Director (Age 49)
- Paul Mercadante, Independent Director (Age 56)
- Sandeep Nayyar CPA, Independent Director (Age 57)
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 articles about SGH stock have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Smart Global earned a media sentiment score of 0.04 on Accern's scale. They also assigned news stories about the company an impact score of 44.21 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 $41.81.
How big of a company is Smart Global?
Smart Global has a market capitalization of $924.25 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.
Smart Global (NASDAQ:SGH) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Smart Global in the last 12 months. Their average twelve-month price target is $49.6429, suggesting that the stock has a possible upside of 18.73%. The high price target for SGH is $75.00 and the low price target for SGH is $28.50. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.86 | 2.86 | 3.00 | 3.17 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
1 Strong Buy Rating(s) |
| Consensus Price Target: | $49.6429 | $49.6429 | $39.9286 | $33.0833 |
| Price Target Upside: | 18.73% upside | 12.65% upside | 8.86% upside | 0.08% downside |
Smart Global (NASDAQ:SGH) Consensus Price Target History
Smart Global (NASDAQ:SGH) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Smart Global (NASDAQ:SGH) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Smart Global (NASDAQ SGH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 6.90%
Institutional Ownership Percentage: 85.69%
Smart Global (NASDAQ SGH) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/16/2018 | Alan Marten | VP | Sell | 8,500 | $42.81 | $363,885.00 | |  |
| 4/3/2018 | Lake Sumeru (Offshore) Silver | Major Shareholder | Sell | 2,000,000 | $45.20 | $90,400,000.00 | | |
| 3/23/2018 | Kiwan Kim | SVP | Sell | 46,738 | $49.31 | $2,304,650.78 | | |
| 3/21/2018 | Jack A Pacheco | VP | Sell | 7,500 | $46.53 | $348,975.00 | | |
| 3/19/2018 | Bruce M Goldberg | VP | Sell | 2,500 | $43.20 | $108,000.00 | | |
| 3/15/2018 | Alan Marten | VP | Sell | 8,500 | $41.57 | $353,345.00 | | |
| 2/21/2018 | Jack A Pacheco | VP | Sell | 7,500 | $33.40 | $250,500.00 | | |
| 1/30/2018 | Jack A Pacheco | VP | Sell | 18,424 | $35.88 | $661,053.12 | | |
| 1/30/2018 | Kiwan Kim | SVP | Sell | 6,874 | $35.86 | $246,501.64 | | |
| 1/22/2018 | Jack A Pacheco | VP | Sell | 7,500 | $38.64 | $289,800.00 | | |
| 1/16/2018 | Alan Marten | VP | Sell | 8,700 | $35.72 | $310,764.00 | | |
| 1/5/2018 | Bruce M Goldberg | VP | Sell | 2,500 | $35.76 | $89,400.00 | | |
| 1/5/2018 | Kiwan Kim | SVP | Sell | 52,835 | $35.62 | $1,881,982.70 | | |
| 12/21/2017 | Jack A Pacheco | VP | Sell | 7,500 | $31.06 | $232,950.00 | | |
| 12/4/2017 | Alan Marten | VP | Sell | 25,000 | $32.10 | $802,500.00 | | |
| 12/4/2017 | Iain Mackenzie | CEO | Sell | 132,045 | $32.10 | $4,238,644.50 | | |
| 12/4/2017 | Lake Sumeru (Offshore) Silver | Major Shareholder | Sell | 3,051,471 | $32.10 | $97,952,219.10 | | |
| 12/4/2017 | Mukesh Patel | Director | Sell | 33,458 | $32.10 | $1,074,001.80 | | |
| 11/21/2017 | Jack A Pacheco | CFO | Sell | 7,500 | $35.49 | $266,175.00 | | |
| 11/20/2017 | Sandeep Nayyar | Director | Sell | 7,148 | $35.20 | $251,609.60 | | |
| 5/30/2017 | Lake Sumeru (Offshore) Silver | Major Shareholder | Buy | 1,500,000 | $11.00 | $16,500,000.00 | | |
(Data available from 1/1/2013 forward)
Smart Global (NASDAQ SGH) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Global Smart City Lighting Markets Report 2018: Market Size Forecasts for Installed Lighting Controllers (2017-2025 ...
www.prnewswire.com - April 21 at 4:52 PM |
 | SMART Global Holdings, Inc. (SGH) Sees Hammer Chart Pattern: Time to Buy? April 19, 2018
www.zacks.com - April 21 at 4:52 PM |
 | SMART Global Holdings, Inc. (SGH) Sees Hammer Chart Pattern: Time to Buy?
finance.yahoo.com - April 19 at 9:20 AM |
| SMART Global Holdings Inc (NASDAQ:SGH) Delivered A Better ROE Than The Industry, Here’s Why
finance.yahoo.com - April 18 at 4:49 PM |
 | Insider Selling: Smart Global Holdings Inc (SGH) VP Sells 8,500 Shares of Stock
www.americanbankingnews.com - April 17 at 7:15 PM |
| Smart Airports Market to Witness Growth At 10.7% CAGR on Account Of Enhanced R&D Activities Till 2025 | Million ...
www.prnewswire.com - April 16 at 9:29 AM |
| Smart Global Holdings Inc (SGH) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 15 at 9:41 AM |
| Zacks: Analysts Anticipate Smart Global Holdings Inc (SGH) Will Announce Quarterly Sales of $331.83 Million
www.americanbankingnews.com - April 13 at 4:06 AM |
| $1.77 Earnings Per Share Expected for Smart Global Holdings Inc (SGH) This Quarter
www.americanbankingnews.com - April 11 at 7:10 AM |
| Why SMART Global Holdings, Inc. Stock Popped 43.5% in March
finance.yahoo.com - April 9 at 4:52 PM |
| Smart Global (SGH) Rating Reiterated by Jefferies Group
www.americanbankingnews.com - April 8 at 2:04 PM |
| Smart Global Holdings Inc (SGH) Major Shareholder Sells $90,400,000.00 in Stock
www.americanbankingnews.com - April 5 at 7:14 PM |
 | SMART Global Holdings, Inc. (SGH) 2M Share Offering by Holder Said to Price at $46.50/Share - Bloomberg
www.streetinsider.com - April 4 at 4:39 PM |
| Surging Earnings Estimates Signal Good News for SMART Global (SGH)
www.zacks.com - April 4 at 9:02 AM |
| Citigroup Increases Smart Global (SGH) Price Target to $35.00
www.americanbankingnews.com - April 1 at 4:16 PM |
| Smart Global's (SGH) Buy Rating Reiterated at Deutsche Bank
www.americanbankingnews.com - April 1 at 3:10 PM |
| Financial Analysis: Smart Global (SGH) & Its Peers
www.americanbankingnews.com - March 31 at 5:17 AM |
| Zacks Investment Research Upgrades Smart Global (SGH) to Strong-Buy
www.americanbankingnews.com - March 28 at 10:50 AM |
| Smart Global Holdings Inc (SGH) SVP Kiwan Kim Sells 46,738 Shares
www.americanbankingnews.com - March 27 at 10:14 PM |
 | Smart Money Sidelined in Risk-On Rally Shows Not All Are 'Happy'
www.bloomberg.com - March 27 at 4:55 PM |
| SMART Global Holdings (SGH) Shares March Higher, Can It Continue? March 27, 2018
www.zacks.com - March 27 at 4:55 PM |
| SMART Global Holdings (SGH) Shares March Higher, Can It Continue?
finance.yahoo.com - March 27 at 4:55 PM |
| Smart Global (SGH) vs. Dialog Semiconduct (DLGNF) Critical Analysis
www.americanbankingnews.com - March 27 at 9:23 AM |
| Smart Global Holdings Inc (SGH) Expected to Post Quarterly Sales of $294.35 Million
www.americanbankingnews.com - March 27 at 5:56 AM |
| Hot IPO Stocks: Canada Goose, Smart Global Shape Up As Dropbox, Baidu's iQiyi Grab Spotlight
finance.yahoo.com - March 26 at 4:58 PM |
 | SMART Global Holdings beats by $0.40, beats on revenue
seekingalpha.com - March 24 at 5:22 PM |
| Stifel Nicolaus Boosts Smart Global (SGH) Price Target to $56.00
www.americanbankingnews.com - March 23 at 7:22 PM |
 | Technology Sector Update for 03/23/2018: SGH, SAIC, BIDU - Nasdaq
www.nasdaq.com - March 23 at 6:13 PM |
 | Why SMART Global Holdings Inc. Stock Popped Today - Motley Fool
www.fool.com - March 23 at 6:13 PM |
 | SMART Global Holdings Reports Second Quarter Fiscal 2018 Financial Results - GlobeNewswire (press release)
globenewswire.com - March 23 at 6:13 PM |
| Why SMART Global Holdings Inc. Stock Popped Today
finance.yahoo.com - March 23 at 6:13 PM |
| Smart Global (SGH) Price Target Raised to $55.00
www.americanbankingnews.com - March 23 at 4:54 PM |
| Smart Global Holdings Inc (SGH) VP Jack A. Pacheco Sells 7,500 Shares
www.americanbankingnews.com - March 23 at 4:34 PM |
| Smart Global (SGH) Price Target Increased to $75.00 by Analysts at Needham & Company LLC
www.americanbankingnews.com - March 23 at 4:09 PM |
| Smart Global (SGH) Issues Quarterly Earnings Results
www.americanbankingnews.com - March 22 at 9:20 PM |
| Smart Global (SGH) Releases Q3 Earnings Guidance
www.americanbankingnews.com - March 22 at 5:20 PM |
| SMART Global Holdings Reports Second Quarter Fiscal 2018 Financial Results
finance.yahoo.com - March 22 at 5:05 PM |
| Bruce M. Goldberg Sells 2,500 Shares of Smart Global Holdings Inc (SGH) Stock
www.americanbankingnews.com - March 21 at 4:09 PM |
| Smart Global Holdings Inc (SGH) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - March 21 at 12:38 PM |
| Smart Global Holdings Inc (SGH) VP Sells $353,345.00 in Stock
www.americanbankingnews.com - March 19 at 10:10 PM |
| Deutsche Bank Boosts Smart Global (SGH) Price Target to $48.00
www.americanbankingnews.com - March 19 at 2:48 PM |
| Smart Global (SGH) Raised to "Strong-Buy" at BidaskClub
www.americanbankingnews.com - March 18 at 4:58 PM |
| SMART Global Holdings Announces New CEO Appointment - Nasdaq - Nasdaq
www.nasdaq.com - March 16 at 5:07 PM |
| SMART Global Holdings, Inc. (SGH) Names Ajay Shah as CEO
www.streetinsider.com - March 15 at 10:09 AM |
| Analysts Expect Smart Global Holdings Inc (SGH) Will Announce Quarterly Sales of $290.11 Million
www.americanbankingnews.com - March 10 at 9:26 AM |
| SMART Global Holdings to Announce Second Quarter Fiscal 2018 Financial Results on Thursday, March 22, 2018
finance.yahoo.com - March 8 at 4:54 PM |
| Analysts Expect Smart Global Holdings Inc (SGH) Will Announce Earnings of $1.33 Per Share
www.americanbankingnews.com - March 8 at 3:12 AM |
| Martingale Asset Management L P Grows Position in Smart Global Holdings Inc (SGH)
www.americanbankingnews.com - March 6 at 11:55 AM |
| Smart Global Holdings Inc (SGH) is Napier Park Global Capital US LP's 2nd Largest Position
www.americanbankingnews.com - March 5 at 12:56 PM |
| Spark Investment Management LLC Buys Shares of 48,000 Smart Global Holdings Inc (SGH)
www.americanbankingnews.com - March 3 at 12:36 PM |
Smart Global (NASDAQ:SGH) SEC Filings
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Smart Global (NASDAQ:SGH) Income Statement, Balance Sheet and Cash Flow Statement
Smart Global (NASDAQ SGH) Stock Chart for Monday, April, 23, 2018
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