SMART Global Holdings, Inc. (SGH)

NASDAQ: SGH · IEX Real-Time Price · USD
24.92
0.88 (3.66%)
May 27, 2022 12:17 PM EDT - Market open
Market Cap1.24B
Revenue (ttm)1.82B
Net Income (ttm)35.92M
Shares Out49.76M
EPS (ttm)0.66
PE Ratio37.93
Forward PE6.07
Dividendn/a
Ex-Dividend Daten/a
Volume110,289
Open24.44
Previous Close24.04
Day's Range24.44 - 25.02
52-Week Range20.36 - 37.25
Beta1.17
AnalystsBuy
Price Target44.20 (+77.4%)
Earnings DateJul 5, 2022

About SGH

SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United states, Brazil, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platforms Solutions, and LED Solutions segments. The company offers dynamic random access memory modules for desktops, notebooks, servers, and smartphones; embedded and removable flash memory products; and flash component products. It also provides supply chain services, including procurement, logistics, inventory ma...

IndustrySemiconductors & Semiconductor Equipment
IPO DateMay 24, 2017
CEOAjay Shah
Employees3,900
Stock ExchangeNASDAQ
Ticker SymbolSGH
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SGH stock is "Buy." The 12-month stock price forecast is 44.2, which is an increase of 77.37% from the latest price.

Price Target
$44.2
(77.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SMART Modular Technologies to Present at SNIA Persistent Memory + Computational Storage Summit

NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #CXL--SMART Modular announces that Arthur Sainio and Pekon Gupta will be presenting at the SNIA Persistent Memory+ Computational Storage Summit May 24 & 25.

4 days ago - Business Wire

Is the Options Market Predicting a Spike in SMART (SGH) Stock?

Investors need to pay close attention to SMART (SGH) stock based on the movements in the options market lately.

1 week ago - Zacks Investment Research

SGH Announces Upcoming Investor Conference Participation

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #SGH--SGH announced today that members of its management team will present at the following upcoming investor conferences: Cowen; Stifel; and Rosenblatt.

2 weeks ago - Business Wire

CreeLED Files Patent Infringement Lawsuit Against Star Headlight & Lantern Company

DURHAM, N.C.--(BUSINESS WIRE)---- $SGH #CreeLED--Cree LED has filed a patent infringement lawsuit in the U.S. District Court for the Western District of NY against Star Headlight & Lantern Co., Inc.

3 weeks ago - Business Wire

SMART Modular Technologies Joins IGEL Ready Program

NEWARK, Calif. & SAN FRANCISCO--(BUSINESS WIRE)---- $SGH #IGEL--SMART Modular Technologies announced it has joined the IGEL Ready program as a technology partner of IGEL, provider of edge OS for cloud w...

4 weeks ago - Business Wire

SMART Modular Announces the SMART Kestral PCIe Optane Memory Add-in-Card to Enable Memory Expansion and Acceleration

NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #AIC--SMART Modular announces its new SMART Kestral PCIe Optane Memory Add-in-Card (AIC) which enables memory expansion and acceleration for data centers.

1 month ago - Business Wire

2 Growth Stocks to Watch After Hours Tuesday

The stock market gave back recent gains, but investors are looking closely at financial results.

Other symbols:ARRY
1 month ago - The Motley Fool

Why SMART Global Holdings Shares Are Falling After Hours

SMART Global Holdings Inc (NASDAQ: SGH) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued guidance. SMART Global Holdings said fiscal seco...

1 month ago - Benzinga

SGH Reports Second Quarter Fiscal 2022 Financial Results

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SMART Global Holdings, Inc "SGH" today reported financial results for Q2 of fiscal 2022 with 8th consecutive quarter of year-over-year revenue growth

1 month ago - Business Wire

New Penguin Solutions Brand Combines Expertise Across Edge, Core and Cloud

FREMONT, Calif.--(BUSINESS WIRE)---- $SGH #AI--Penguin Solutions is the new brand for IPS that represents all HPC, AI, and IoT/Edge offerings available under IPS that span edge to core to cloud.

1 month ago - Business Wire

SMART Modular Technologies Announces Next Generation of ME2 Flash

NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #DuraFlash--SMART Modular announces the next generation of its DuraFlash ME2 family of SATA SSD products, which includes industry-standard M.2 form factors.

1 month ago - Business Wire

SMART Global Holdings, Inc. (SGH) Gains But Lags Market: What You Should Know

SMART Global Holdings, Inc. (SGH) closed at $25.77 in the latest trading session, marking a +0.12% move from the prior day.

2 months ago - Zacks Investment Research

SGH Announces Second Quarter Fiscal 2022 Financial Conference Call

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH will host its quarterly financial conference call and webcast for second quarter fiscal year 2022 earnings after market close on April 5, 2022.

2 months ago - Business Wire

SGH Appoints Penny Herscher Chair of the Board of Directors

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #BoD--SGH today announced that Penny Herscher, a current member of its board of directors, has been unanimously elected chair of its board of directors.

3 months ago - Business Wire

A Technical Breakdown Of The S&P 500 Going Into January's CPI Reading

Fear surrounding inflation, monetary policy, and their combined implication on sustained demand have held the S&P 500 in a technically-bound trading range

3 months ago - Zacks Investment Research

SGH Announces Refinancing Transactions

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH announced that it has completed refinancing transactions via a $275 million Term Loan A Facility & $250 million undrawn Revolving Credit Facility.

3 months ago - Business Wire

Why Investors Should Look Past the Noise in SMART Global Holdings' Q1 Earnings Report

Shares tumbled after earnings, but long-term growth opportunity remains strong.

3 months ago - The Motley Fool

Top Stock Picks For 2022

2022 is a stock pickers market and the recent dip provides us with some favorable pricing for these winning picks.

4 months ago - Zacks Investment Research

SMART Global (SGH): A Small-Cap Chip Innovator With Large-Cap Ambitions

SGH has been on a tear since Mark Adams took the helm and began its systemic transformation from a legacy memory-focused chipmaker to a one-stop-shop innovator (hardware & software) for niche next-gen e...

4 months ago - Zacks Investment Research

The global chip shortage could take a long time to recover, SGH CEO explains

SGH CEO Mark Adams joins Yahoo Finance Live to discuss the hardware manufacturer's Q1 earnings beat, plans for a two-for-one shares split, 2022 outlook, acquisition plans, and the global microchip short...

4 months ago - Yahoo Finance

SMART Global (SGH): The Next-Gen Options Trade You Don't Want To Miss

SGH is roaring out of the shadows with an ambitious growth strategy that won't remain under the investors' radars for much longer

4 months ago - Zacks Investment Research

Why SMART Global Stock Plummeted Today

Despite solid first-quarter results, investors may be overreacting to the company's stock split announcement and revenue outlook.

4 months ago - The Motley Fool

SMART Global Holdings, Inc. (SGH) Tops Q1 Earnings and Revenue Estimates

SMART Global Holdings, Inc. (SGH) delivered earnings and revenue surprises of 8.54% and 2.14%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

SGH Reports First Quarter Fiscal 2022 Financial Results

MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SMART Global Holdings reported financial results for the first quarter of fiscal 2022; net sales of $470 million, up 61% versus the year ago quarter.

4 months ago - Business Wire

SMART Global Holdings, Inc. (SGH) Earnings Expected to Grow: Should You Buy?

SMART Global Holdings, Inc. (SGH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research