Super Micro Computer (SMCI) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Super Micro Computer (SMCI) closed at $45.32, reflecting a +1.91% change from the previous day, outperforming the S&P 500's loss of 0.22% [1] - Over the past month, shares of Super Micro Computer gained 7.62%, surpassing the Computer and Technology sector's gain of 2.98% and the S&P 500's gain of 0.45% [1] Upcoming Earnings - The company is expected to report an EPS of $0.44, which represents a 30.16% decrease from the same quarter last year [2] - Revenue is forecasted to be $5.91 billion, indicating an 11.28% increase from the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $2.07 per share, reflecting a -6.33% change from the previous year, while revenue is estimated at $22.12 billion, showing a +48.04% increase [3] - Recent changes to analyst estimates may indicate shifting business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] Valuation Metrics - Super Micro Computer currently has a Forward P/E ratio of 21.46, which is a premium compared to the industry average Forward P/E of 13.32 [6] - The Computer-Storage Devices industry is ranked 40 in the Zacks Industry Rank, placing it in the top 17% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Super Micro Computer at 4 (Sell) [5] - The Zacks Rank has a historical track record of outperformance, with 1 stocks averaging an annual return of +25% since 1988 [5]