Smart Global Holdings Stock Analysis

Smart Stock Analysis Notes

About 100.0% of the company shares are owned by institutional investors. The book value of Smart Global was at this time reported as 7.75. The company has Price/Earnings To Growth (PEG) ratio of 0.09. Smart Global Holdings had not issued any dividends in recent years. The entity had 2:1 split on the 2nd of February 2022. 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. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California. Smart Global operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 3600 people. To find out more about Smart Global Holdings contact Mark Adams at 510 623 1231 or learn more at https://www.sghcorp.com.

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Smart Global Environmental, Social, and Governance (ESG) Scores

Smart Stock Institutional Investors

Note, although Smart Global's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Smart Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Smart Global's market, we take the total number of its shares issued and multiply it by Smart Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Smart Profitablity

The company has Net Profit Margin of (0.16) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.02 %, which entails that for every 100 dollars of revenue, it generated $0.02 of operating income.

Management Efficiency

Smart Global Holdings has Return on Asset of 0.0178 % which means that on every $100 spent on assets, it made $0.0178 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0593 %, implying that it generated $0.0593 on every 100 dollars invested. Smart Global's management efficiency ratios could be used to measure how well Smart Global manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Smart Global's Return On Tangible Assets are increasing as compared to previous years. The Smart Global's current Return On Capital Employed is estimated to increase to 0.47, while Return On Equity is projected to decrease to 0.61. As of now, Smart Global's Non Current Assets Total are increasing as compared to previous years. The Smart Global's current Non Currrent Assets Other is estimated to increase to about 21.2 M, while Total Assets are projected to decrease to under 968.4 M.

Technical Drivers

As of the 3rd of June, Smart Global has the Semi Deviation of 5.05, coefficient of variation of 5803.35, and Risk Adjusted Performance of 0.0192. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Smart Global Holdings, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Smart Global Holdings, which can be compared to its competition. Please validate Smart Global Holdings treynor ratio, and the relationship between the standard deviation and downside variance to decide if Smart Global is priced more or less accurately, providing market reflects its prevalent price of 20.58 per share. Given that Smart Global Holdings has jensen alpha of (0.03), we advise you to double-check Smart Global Holdings's current market performance to make sure the company can sustain itself at a future point.

Smart Global Holdings Price Movement Analysis

Smart Global Holdings Insider Trading Activities

Smart Global Predictive Daily Indicators

Smart Global Corporate Filings

Smart Global Forecast Models

Smart Global's time-series forecasting models are one of many Smart Global's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Smart Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Smart Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Smart shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Smart Global. By using and applying Smart Stock analysis, traders can create a robust methodology for identifying Smart entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Smart analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Smart analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Smart Global Holdings stock analysis indicators help investors evaluate how Smart Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Smart Global shares will generate the highest return on investment. By understating and applying Smart Global stock analysis, traders can identify Smart Global position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Smart Global Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Smart Global Holdings information on this page should be used as a complementary analysis to other Smart Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

When running Smart Global's price analysis, check to measure Smart Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smart Global is operating at the current time. Most of Smart Global's value examination focuses on studying past and present price action to predict the probability of Smart Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smart Global's price. Additionally, you may evaluate how the addition of Smart Global to your portfolios can decrease your overall portfolio volatility.

Is Smart Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smart Global. If investors know Smart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smart Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Smart Global Holdings is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Global's value that differs from its market value or its book value, called intrinsic value, which is Smart Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smart Global's market value can be influenced by many factors that don't directly affect Smart Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Smart Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.