Smart Global (NASDAQ:SGH) is scheduled to be releasing its earnings data after the market closes on Thursday, October 4th. Analysts expect Smart Global to post earnings of $1.55 per share for the quarter.

Shares of SGH stock opened at $28.67 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.13. The company has a market capitalization of $662.98 million, a P/E ratio of 14.37 and a beta of -0.65. Smart Global has a 1 year low of $20.29 and a 1 year high of $56.69.

In other Smart Global news, VP Bruce M. Goldberg sold 4,131 shares of the business’s stock in a transaction that occurred on Thursday, July 26th. The shares were sold at an average price of $31.91, for a total transaction of $131,820.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Alan Marten sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, July 16th. The shares were sold at an average price of $31.31, for a total transaction of $250,480.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 84,731 shares of company stock valued at $2,611,889. 6.90% of the stock is currently owned by corporate insiders.

Several brokerages recently issued reports on SGH. Deutsche Bank boosted their price target on Smart Global from $56.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, June 12th. Needham & Company LLC reiterated a “buy” rating and issued a $75.00 price target on shares of Smart Global in a research note on Tuesday, June 12th. Stifel Nicolaus boosted their price target on Smart Global from $56.00 to $61.00 and gave the company a “buy” rating in a research note on Friday, June 22nd. Zacks Investment Research upgraded Smart Global from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Saturday, June 23rd. Finally, BidaskClub cut Smart Global from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 26th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Smart Global currently has a consensus rating of “Buy” and an average price target of $49.94.

Smart Global Company Profile

SMART Global Holdings, Inc designs, manufactures, and supplies specialty memory solutions worldwide. The company offers dynamic random access memory (DRAM) components, which are used to manufacture modules and other products; DRAM modules for desktop, notebook, and server applications, as well as for use in smartphones; and specialty DRAM modules for industrial, communications, and networking applications, as well as develops specialized memory module designs based on original equipment manufacturer (OEM) requirements.

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Earnings History for Smart Global (NASDAQ:SGH)

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