Super Micro Computer, Inc. (SMCI) Analysts See $0.29 EPS

October 13, 2017 - By Winifred Garcia

 Super Micro Computer, Inc. (SMCI) Analysts See $0.29 EPS
Investors sentiment increased to 1.3 in Q2 2017. Its up 0.12, from 1.18 in 2017Q1. It improved, as 16 investors sold Super Micro Computer, Inc. shares while 40 reduced holdings. 18 funds opened positions while 55 raised stakes. 37.29 million shares or 6.85% more from 34.90 million shares in 2017Q1 were reported.
State Board Of Administration Of Florida Retirement Systems holds 30,010 shares or 0% of its portfolio. Barclays Public invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Texas Permanent School Fund stated it has 27,730 shares or 0.01% of all its holdings. Putnam Investments Limited Company accumulated 0.01% or 224,600 shares. Adage Capital Prtnrs Gru Ltd has 590,000 shares for 0.04% of their portfolio. Alliancebernstein Limited Partnership owns 0% invested in Super Micro Computer, Inc. (NASDAQ:SMCI) for 50,464 shares. Chicago Equity Partners Ltd Liability Corporation has invested 0.03% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Nationwide Fund Advsrs, a Pennsylvania-based fund reported 93,942 shares. Cornerstone Advsrs has 29 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,113 shares or 0% of all its holdings. Macquarie Grp Incorporated Ltd holds 1.37 million shares. The New York-based American Intl Grp has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Disciplined Growth Investors Mn has 1.22% invested in Super Micro Computer, Inc. (NASDAQ:SMCI). Bank Of Montreal Can holds 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI) for 893 shares. State Of Wisconsin Board has invested 0.01% in Super Micro Computer, Inc. (NASDAQ:SMCI).

Since May 10, 2017, it had 0 insider purchases, and 7 sales for $535,963 activity. 1,000 Super Micro Computer, Inc. (NASDAQ:SMCI) shares with value of $24,515 were sold by CHOU CHENG-HSIEN PHIDIAS. On Wednesday, May 31 the insider TUAN SHERMAN sold $245,123.

Investors wait Super Micro Computer, Inc. (NASDAQ:SMCI) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.29 earnings per share, up $0.03 or 11.54 % from last year’s $0.26 same quarter earnings. This translates into $14.18M profit for SMCI giving the stock a 19.40 P/E. This is assuming the current $0.29 EPS is accurate. Super Micro Computer, Inc.’s Wall Street analysts see -12.12 % negative EPS growth, taking into account the $0.33 EPS reproted in the previous quarter, The stock increased 0.22% or $0.05 during the last trading session, reaching $22.5. About 406,019 shares traded. Super Micro Computer, Inc. (NASDAQ:SMCI) has declined 1.14% since October 13, 2016 and is downtrending. It has underperformed by 17.84% the S&P500.

Super Micro Computer, Inc. (NASDAQ:SMCI) Ratings Coverage

Among 9 analysts covering Super Micro Computer (NASDAQ:SMCI), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Super Micro Computer had 31 analyst reports since August 6, 2015 according to SRatingsIntel. DA Davidson downgraded Super Micro Computer, Inc. (NASDAQ:SMCI) rating on Tuesday, July 19. DA Davidson has “Neutral” rating and $19 target. The rating was downgraded by DA Davidson to “Neutral” on Monday, September 18. Susquehanna downgraded the shares of SMCI in report on Wednesday, November 11 to “Neutral” rating. Roth Capital upgraded Super Micro Computer, Inc. (NASDAQ:SMCI) on Friday, January 20 to “Buy” rating. On Friday, January 27 the stock rating was maintained by Needham with “Buy”. Maxim Group maintained it with “Buy” rating and $40 target in Friday, January 27 report. As per Tuesday, July 11, the company rating was maintained by Maxim Group. Sterne Agee CRT maintained the stock with “Buy” rating in Friday, April 15 report. Susquehanna upgraded Super Micro Computer, Inc. (NASDAQ:SMCI) rating on Wednesday, January 27. Susquehanna has “Positive” rating and $33 target. The firm earned “Buy” rating on Thursday, August 31 by Maxim Group.

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 , big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The company has market cap of $1.10 billion. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. It has a 16.75 P/E ratio. The Firm sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs).

More notable recent Super Micro Computer, Inc. (NASDAQ:SMCI) news were published by: Businesswire.com which released: “Super Micro Computer, Inc. Announces 4th Quarter 2017 Financial Results” on August 03, 2017, also Seekingalpha.com with their article: “Super Micro Computer – Stronger Revenue Growth Is The Key” published on August 07, 2017, Prnewswire.com published: “New Supermicro Rack Scale Design (RSD) Supports High-Density, High-Performance …” on July 20, 2017. More interesting news about Super Micro Computer, Inc. (NASDAQ:SMCI) were released by: Seekingalpha.com and their article: “Why The Decline For Super Micro Computer?” published on September 21, 2017 as well as Seekingalpha.com‘s news article titled: “Super Micro Looks Good Under $25” with publication date: April 24, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.