Equities research analysts expect Super Micro Computer, Inc. (NASDAQ:SMCI) to post earnings per share of $0.43 for the current quarter, Zacks reports. Two analysts have made estimates for Super Micro Computer’s earnings. The lowest EPS estimate is $0.39 and the highest is $0.49. Super Micro Computer reported earnings per share of $0.48 in the same quarter last year, which suggests a negative year-over-year growth rate of 10.4%. The company is expected to announce its next quarterly earnings report on Thursday, January 25th.

According to Zacks, analysts expect that Super Micro Computer will report full-year earnings of $1.56 per share for the current year, with EPS estimates ranging from $1.42 to $1.70. For the next year, analysts forecast that the business will report earnings of $1.91 per share, with EPS estimates ranging from $1.74 to $2.06. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Super Micro Computer.

A number of brokerages have recently weighed in on SMCI. BidaskClub lowered Super Micro Computer from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. DA Davidson lowered Super Micro Computer from a “buy” rating to a “neutral” rating and cut their price objective for the company from $33.00 to $27.00 in a report on Monday, September 18th. TheStreet lowered Super Micro Computer from a “b-” rating to a “c” rating in a report on Tuesday, October 10th. Zacks Investment Research lowered Super Micro Computer from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 5th. Finally, Maxim Group reaffirmed a “buy” rating and set a $45.00 target price on shares of Super Micro Computer in a report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $28.13.

Shares of Super Micro Computer (NASDAQ:SMCI) traded up $0.05 during mid-day trading on Friday, hitting $21.70. The stock had a trading volume of 217,818 shares, compared to its average volume of 371,073. The company has a quick ratio of 1.15, a current ratio of 2.34 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $1,056.64, a price-to-earnings ratio of 16.19, a PEG ratio of 1.26 and a beta of -0.05. Super Micro Computer has a fifty-two week low of $17.70 and a fifty-two week high of $31.75.

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Super Micro Computer by 2.0% during the second quarter. Vanguard Group Inc. now owns 3,562,194 shares of the technology company’s stock worth $87,808,000 after purchasing an additional 69,229 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Super Micro Computer by 4.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,468,926 shares of the technology company’s stock worth $76,663,000 after purchasing an additional 159,049 shares in the last quarter. Macquarie Group Ltd. lifted its position in shares of Super Micro Computer by 7.3% in the third quarter. Macquarie Group Ltd. now owns 1,469,796 shares of the technology company’s stock valued at $32,482,000 after acquiring an additional 100,234 shares in the last quarter. Royce & Associates LP lifted its position in shares of Super Micro Computer by 68.5% in the third quarter. Royce & Associates LP now owns 1,242,195 shares of the technology company’s stock valued at $27,453,000 after acquiring an additional 504,903 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Super Micro Computer by 4.1% in the second quarter. State Street Corp now owns 965,582 shares of the technology company’s stock valued at $23,802,000 after acquiring an additional 38,013 shares in the last quarter. Institutional investors own 80.50% of the company’s stock.

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About Super Micro Computer

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

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