Super Micro Computer Inc (NASDAQ: SMCI) has reported E.P.S. of $6.01 for its fourth fiscal quarter (ending June 30) versus $3.67 for the same period a year ago — an increase of 64%. However, this performance was $-2.21 short of the consensus estimate of $8.22. For the latest four quarters through June 30, E.P.S. were $21.73 compared to $12.09 a year ago — an increase of 80%.
Recent Price Action
Super Micro Computer Inc (NASDAQ: SMCI) stock closed at $616.94 on 8/6/24 after an increase of 1.3%. Moreover, trading volume in this advance was unusually high at 158% of normal. The stock has declined -11.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SMCI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Super Micro Computer has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Super Micro Computer has a slightly positive Appreciation Score of 67 and a very high Power Rating of 100, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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