Super Micro Computer (SMCI) to Release Quarterly Earnings on Tuesday

Super Micro Computer (NASDAQ:SMCI) is expected to be releasing its earnings data after the market closes on Tuesday, February 11th. Analysts expect Super Micro Computer to post earnings of $0.75 per share and revenue of $5.94 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Super Micro Computer Stock Performance

SMCI opened at $36.28 on Monday. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $122.90. The stock has a market cap of $21.24 billion, a P/E ratio of 18.21 and a beta of 1.30. The stock’s 50 day simple moving average is $33.55 and its 200 day simple moving average is $40.94. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93.

Wall Street Analyst Weigh In

SMCI has been the topic of several research reports. Argus lowered Super Micro Computer from a “buy” rating to a “hold” rating in a report on Thursday, October 31st. Northland Capmk upgraded shares of Super Micro Computer to a “strong-buy” rating in a report on Friday, December 20th. Wedbush reaffirmed a “neutral” rating and issued a $32.00 price target (down previously from $62.00) on shares of Super Micro Computer in a report on Monday, November 4th. The Goldman Sachs Group dropped their price objective on shares of Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, November 6th. Finally, Loop Capital increased their target price on Super Micro Computer from $35.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $62.89.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.