SMART Global Holdings, Inc. SGH
At closeOct 14, 2024, 4:00 PM EDT
52-week range unavailable
- Market cap
- 1.11B
- Revenue (ttm)
- 1.17B
- Profit margin
- -4.48%
- Shares out
- 52.91M
- Forward P/E
- 10.86
- Volume
- 665.22K
- Open
- 20.90
- Previous close
- 20.85
- Day's range
- 20.61 – 21.33
- Analysts
- Buy
- Price target
- 32.25 (+54.7%)
- Earnings date
- Oct 15, 2024
2Y +0.68 (+4.09%)
Key statistics
- Enterprise value
- 1.42B
- PEG ratio
- -0.87
- Price / sales
- 0.95
- Price / book
- 2.83
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -1.70%
- Free cash flow
- 19.05M
- Total cash
- 389.48M
- Total debt
- 717.89M
- Return on equity
- -13.30%
- Short % of float
- 17.48%
- 50-day average
- 19.30
- 200-day average
- 21.24
Analyst view
Consensus: buy
- Target (low)
- 27.00
- Target (mean)
- 32.25
- Target (high)
- 35.00
- Strong buy3
- Buy3
- Hold0
- Sell0
- Strong sell0
Next earnings
Oct 15, 2024
Expected Oct 15, 2024. Consensus EPS estimate 0.40.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 15, 2024 | Aug 1, 2024 | 0.40 | — | — | — |
| Jul 9, 2024 | May 1, 2024 | 0.30 | — | — | — |
| Apr 9, 2024 | Feb 1, 2024 | 0.25 | — | — | — |
| Jan 9, 2024 | Nov 1, 2023 | 0.16 | — | — | — |
| Oct 12, 2023 | Aug 1, 2023 | 0.45 | — | — | — |
| Jun 29, 2023 | May 1, 2023 | 0.40 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 16, 2024 | Barclays | main | Overweight | Overweight |
| Oct 16, 2024 | Stifel | main | Buy | Buy |
| Oct 16, 2024 | Needham | main | Buy | Buy |
| Jul 17, 2024 | Stifel | main | Buy | Buy |
| Jul 17, 2024 | Needham | main | Buy | Buy |
| Jul 10, 2024 | Barclays | main | Overweight | Overweight |
About SMART Global Holdings, Inc.
SMART Global Holdings, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. It also provides Penguin Computing that focus on technical computing for core and cloud environments through HPC and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications including high-performance products for government, health care, industrial, and telecommunications applications. In addition, the company offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and leading-edge solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, it provides LED-based products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brand. The company sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California.
- Sector
- Technology
- Industry
- Semiconductors
- Country
- United States
- Website
- sghcorp.com
News
BlueScope Says $11 Billion Steel Dynamics, SGH Takeover Offer Insufficient 
Steel Dynamics, SGH Raise BlueScope Steel Takeover Bid to $11 Billion 
SGH, Steel Dynamics raise buyout offer for BlueScope Steel to $10.6 billion 
BlueScope Rejects Steel Dynamics, SGH Takeover Bid 
Australia's BlueScope hits 17-year high on $8.8 billion buyout bid from SGH, Steel Dynamics 
SGH and Steel Dynamics confirm the submission of a NBIO to acquire BlueScope Steel Ltd 
BlueScope Steel Gets $8.8 Billion Takeover Offer From SGH, Steel Dynamics 
Cree LED Partners with IDC Componentes and Ilumiled to Brighten Downtown Querétaro Mexico 
SGH Announces Fourth Quarter and Full Year Fiscal 2024 Financial Conference Call 
Sky Harbour Group, SolarEdge Technologies And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ADAMS MARK W | Chief Executive Officer | Stock Award(Grant) | Sep 29, 2024 | 1,021,490 |
| CLARK JOSEPH GATES | Officer | Stock Award(Grant) | Sep 29, 2024 | 101,455 |
| HERSCHER PENELOPE A | Director | Sale | Feb 12, 2024 | 16,455 |
| INGRAM BRYAN T | Director | Stock Award(Grant) | Feb 8, 2024 | 44,098 |
| KUYKENDALL ANNE | Officer | Stock Award(Grant) | Sep 29, 2024 | 103,441 |
| MANCA PETER J | Officer | Stock Award(Grant) | Sep 29, 2024 | 131,292 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 15.64% | 8,273,914 | 172.51M | Jun 29, 2024 |
| Vanguard Group Inc | 13.04% | 6,899,028 | 143.84M | Jun 29, 2024 |
| FMR, LLC | 7.36% | 3,892,120 | 81.15M | Jun 29, 2024 |
| State Street Corporation | 5.78% | 3,059,901 | 63.80M | Jun 29, 2024 |
| Crosslink Capital Inc | 4.05% | 2,142,645 | 44.67M | Jun 29, 2024 |
| Alliancebernstein L.P. | 3.23% | 1,707,195 | 35.60M | Jun 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | 6.35% | 3,361,387 | 70.08M | Sep 29, 2024 |
| Vanguard Total Stock Market Index Fund | 2.91% | 1,541,595 | 32.14M | Jun 29, 2024 |
| iShares Russell 2000 ETF | 2.62% | 1,387,520 | 28.93M | Aug 30, 2024 |
| Vanguard Information Technology Index Fund | 2.17% | 1,149,063 | 23.96M | May 30, 2024 |
| SPDR (R) Ser Tr-SPDR (R) S&P (R) Semiconductor ETF | 2.07% | 1,095,480 | 22.84M | Sep 29, 2024 |
| Vanguard Strategic Equity Fund | 1.91% | 1,012,576 | 21.11M | Jun 29, 2024 |