NASDAQ:SMTXSMTC Stock Price, Forecast & News

SMTC's stock was trading at $2.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SMTX shares have increased by 11.0% and is now trading at $2.92. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SMTC in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SMTC.

SMTC is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for SMTC.

SMTC Co. (NASDAQ:SMTX) released its quarterly earnings data on Wednesday, May, 6th. The technology company reported $0.07 earnings per share (EPS) for the quarter. The technology company had revenue of $95.14 million for the quarter, compared to analysts' expectations of $91 million. SMTC had a positive return on equity of 17.18% and a negative net margin of 1.76%. View SMTC's earnings history.

SMTC updated its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $96-99 million, compared to the consensus revenue estimate of $94.8 million.

1 equities research analysts have issued 1-year target prices for SMTC's stock. Their forecasts range from $6.00 to $6.00. On average, they anticipate SMTC's share price to reach $6.00 in the next year. This suggests a possible upside of 105.5% from the stock's current price. View analysts' price targets for SMTC.

Press coverage about SMTX stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SMTC earned a daily sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutSMTC.

SMTC saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 63,300 shares, a drop of 25.8% from the April 30th total of 85,300 shares. Based on an average trading volume of 74,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are short sold. View SMTC's Current Options Chain.

Some companies that are related to SMTC include Flex (FLEX), Jabil (JBL), Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), Celestica (CLS), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), IEC Electronics (IEC), SigmaTron International (SGMA), NANO DIMENSION/S (NNDM) and Eltek (ELTK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SMTC investors own include Inovio Pharmaceuticals (INO), Actinium Pharmaceuticals (ATNM), Nokia Oyj (NOK), SeaChange International (SEAC), Pacific Ethanol (PEIX), Tonix Pharmaceuticals (TNXP), VBI Vaccines (VBIV), Co-Diagnostics (CODX), Vaxart (VXRT) and JAKKS Pacific (JAKK).

SMTC trades on the NASDAQ under the ticker symbol "SMTX."

SMTC's stock is owned by a variety of retail and institutional investors. Top institutional investors include Essex Investment Management Co. LLC (0.99%), Cadence Capital Management LLC (0.93%) and Weber Alan W (0.18%). Company insiders that own SMTC stock include Edward J Smith, Richard E Fitzgerald and Steven M Waszak. View institutional ownership trends for SMTC.

SMTX stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC. View insider buying and selling activity for SMTC.

SMTX stock was acquired by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, and Weber Alan W. Company insiders that have bought SMTC stock in the last two years include Edward J Smith, Richard E Fitzgerald, and Steven M Waszak. View insider buying and selling activity for SMTC.

Shares of SMTX 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.

One share of SMTX stock can currently be purchased for approximately $2.92.

SMTC has a market capitalization of $82.39 million and generates $372.51 million in revenue each year. The technology company earns $-5,990,000.00 in net income (profit) each year or $0.27 on an earnings per share basis. SMTC employs 3,291 workers across the globe.

The official website for SMTC is www.smtc.com.

SMTC's mailing address is 7050 WOODBINE AVENUE SUITE 300, MARKHAM A6, L3R4G8. The technology company can be reached via phone at 905-479-1810 or via email at [email protected]