The Latest Analyst Ratings For SMART Glb Hldgs

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Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on SMART Glb Hldgs SGH in the last three months.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 0 0 0 0
Last 30D 1 0 0 0 0
1M Ago 3 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $27.12, a high estimate of $27.50, and a low estimate of $27.00. This upward trend is evident, with the current average reflecting a 8.48% increase from the previous average price target of $25.00.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of SMART Glb Hldgs among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Quinn Bolton Needham Maintains Buy $27.00 -
Quinn Bolton Needham Maintains Buy $27.00 -
Brian Chin Stifel Raises Buy $27.50 $26.00
Quinn Bolton Needham Raises Buy $27.00 $24.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SMART Glb Hldgs. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SMART Glb Hldgs compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of SMART Glb Hldgs's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into SMART Glb Hldgs's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on SMART Glb Hldgs analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Unveiling the Story Behind SMART Glb Hldgs

SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. It specializes in application-specific product development and support for customers in the enterprise, government and original equipment manufacturer (OEM) markets. It operates in three segments such as Memory Solutions in which Memory Solutions group, under our SMART Modular brand, provides high performance and reliable memory solutions through the design, development and advanced packaging of leading-edge to extended lifecycle products. Intelligent Platform Solutions in their IPS group, under our Penguin Solutions and newly acquired Stratus Technologies brands, offers specialized platform solutions and services for high-performance computing.

Key Indicators: SMART Glb Hldgs's Financial Health

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: SMART Glb Hldgs displayed positive results in 3 months. As of 29 February, 2024, the company achieved a solid revenue growth rate of approximately 3.86%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: SMART Glb Hldgs's net margin is impressive, surpassing industry averages. With a net margin of -4.78%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -3.34%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): SMART Glb Hldgs's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.87% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: SMART Glb Hldgs's debt-to-equity ratio stands notably higher than the industry average, reaching 1.98. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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