Home  »  Industry   »  SMART Global Holdings Inc. (SGH) Review – Ma...

SMART Global Holdings Inc. (SGH) Review – Making Smarter Decisions

SMART Global Holdings Inc. (NASDAQ: SGH) is -51.49% lower on its value in year-to-date trading and has touched a low of $15.10 and a high of $37.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SGH stock was last observed hovering at around $17.28 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $17.22, the stock is -5.38% and -7.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.35% at the moment leaves the stock -28.74% off its SMA200. SGH registered -29.00% loss for a year compared to 6-month loss of -34.57%.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now.


The stock witnessed a -10.31% gain in the last 1 month and extending the period to 3 months gives it a -14.24%, and is -4.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.40% over the month.

SMART Global Holdings Inc. (SGH) has around 3900 employees, a market worth around $877.53M and $1.85B in sales. Current P/E ratio is 13.74 and Fwd P/E is 5.47. Profit margin for the company is 3.60%. Distance from 52-week low is 14.04% and -53.77% from its 52-week high. The company has generated returns on investments over the last 12 months (5.90%).

SMART Global Holdings Inc. (SGH) Analyst Forecasts

SMART Global Holdings Inc. is expected to release its quarterly report on 12/22/2022.The EPS is expected to grow by 33.00% this year

SMART Global Holdings Inc. (SGH) Top Institutional Holders

The shares outstanding are 50.09M, and float is at 48.13M with Short Float at 7.12%.

SMART Global Holdings Inc. (SGH) Insider Activity

A total of 17 insider transactions have happened at SMART Global Holdings Inc. (SGH) in the last six months, with sales accounting for 14 and purchases happening 3 times. The most recent transaction is an insider purchase by Rizvi Ken, the company’s SVP and CFO. SEC filings show that Rizvi Ken bought 4,250 shares of the company’s common stock on Jul 26 at a price of $17.85 per share for a total of $75862.0. Following the purchase, the insider now owns 0.13 million shares.

SMART Global Holdings Inc. disclosed in a document filed with the SEC on Jul 26 that Adams Mark (President and CEO) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Jul 26 and was made at $18.10 per share for $0.18 million. Following the transaction, the insider now directly holds 0.92 million shares of the SGH stock.

Still, SEC filings show that on Apr 22, Demby Claude (SVP, Pres, LED Solutions) disposed off 27,365 shares at an average price of $23.93 for $0.65 million. The insider now directly holds 164,500 shares of SMART Global Holdings Inc. (SGH).

SMART Global Holdings Inc. (SGH): Who are the competitors?

The company’s main competitors (and peers) include Intel Corporation (INTC) that is trading -46.15% down over the past 12 months and Micron Technology Inc. (MU) that is -30.55% lower over the same period.

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.