Posted 12/7/2023, 10:45:10 PM
Super Micro Computer Stock Up Slightly Last Day But Lagging Over Past Month Ahead of Earnings
- Super Micro Computer (SMCI) stock rose 1.08% on the last trading day, outpacing the S&P 500's 0.8% gain
- SMCI shares are down 2.63% over the past month, underperforming its sector and the S&P 500
- Upcoming SMCI earnings expected to show 40% EPS growth and 55% revenue growth year-over-year
- SMCI has a Zacks Rank of 3 (Hold) and trades at a forward P/E of 15.01, a discount to its industry
- SMCI is in the bottom 36% of its Computer-Storage Devices industry, which ranks 162 out of 250+ industries