Smart Global Intrinsic Value Calculator – Brokerages Give SMART Global Holdings, an Average Rating of ‘Buy’

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SMART ($NASDAQ:SGH) Global Holdings, Inc. is a leading provider of high performance computing solutions and memory storage products that are designed to meet the needs of a wide range of applications. Recently, several brokerages have given SMART Global Holdings, Inc. an average rating of “Buy”. This rating is based on the sound financial performance of the company, as well as its strong fundamentals and technical analysis.

In addition, the company’s positive outlook for future growth is also taken into consideration when issuing this buy rating. By having this “Buy” rating, SMART Global Holdings has demonstrated its ability to provide high-performance and reliable solutions for its customers and to remain competitive in a constantly changing market. Investors should take note of this positive sentiment and consider investing in the company as it looks to further expand its presence and increase its profitability in the future.

Price History

Monday marked a successful day in the stock market for SMART Global Holdings, Inc., with the company’s stock increasing by 3.8% from the prior closing price of $16.5 to open at $16.3 and close at $17.1. Analysts remain confident in their outlook of SMART Global as they continue to see potential for growth. Investors have also taken notice of the stock’s performance, with many buying into the company as they share in the optimism of its future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Smart Global. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Smart Global. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Smart Global. More…

Key Ratios Snapshot

Some of the financial key ratios for Smart Global are shown below. More…

Analysis – Smart Global Intrinsic Value Calculator

At GoodWhale, we have conducted an analysis of SMART GLOBAL‘s fundamentals and have concluded that the fair value of SMART GLOBAL’s share is around $18.6. This was calculated using our proprietary Valuation Line, which is based on parameters such as the company’s revenue growth and profitability. Currently, SMART GLOBAL’s stock is trading at $17.1, which is a fair price but is undervalued by 8.3%. As such, we believe that investing in SMART GLOBAL may represent a good opportunity for investors seeking to capitalize on the current market trend. More…

Peers

The competition among SMART Global Holdings Inc, Diodes Inc, Global Unichip Corp, and DB HiTek Co Ltd is fierce. All four companies are vying for a share of the market for semiconductor products. While each company has its own strengths and weaknesses, all four are committed to providing the best products and services to their customers.

– Diodes Inc ($NASDAQ:DIOD)

Diodes Inc is a leading manufacturer of semiconductor products. Its products are used in a wide range of electronic devices, including mobile phones, computers, automotive electronics, and industrial equipment. The company has a market cap of 3.14B as of 2022 and a Return on Equity of 22.49%. Diodes Inc is a well-respected company with a strong financial position. It is a leader in its industry and its products are in high demand. The company’s products are used in a wide range of electronic devices, making it a major player in the semiconductor industry.

– Global Unichip Corp ($TWSE:3443)

Global Unichip Corp is a fabless semiconductor company that designs, develops, and markets a broad range of semiconductor solutions. The company’s products are used in a variety of end-markets, including automotive, computing, consumer, industrial, and communications. Global Unichip’s market cap is $59.84B as of 2022, and its return on equity is 28.78%. The company’s products are used in a variety of end-markets, including automotive, computing, consumer, industrial, and communications.

– DB HiTek Co Ltd ($KOSE:000990)

Formally known as HiTek, Yageo Corporation is a Taiwanese company that manufactures and supplies passive electronic components. These components include resistors, capacitors, inductors, and sensors. Yageo Corporation was founded in 1977 and has its headquarters in Taipei, Taiwan. The company employs over 12,000 people and has manufacturing facilities in Taiwan, China, Japan, Singapore, Malaysia, and the United States. Yageo Corporation is a publicly traded company with a market capitalization of over $1.8 trillion as of 2022. The company has a return on equity of 33.11%. Yageo Corporation is a leading manufacturer of passive electronic components and is well-positioned to continue its growth in the coming years.

Summary

SMART Global Holdings, Inc. is a recent investment opportunity that has been given an average rating of “Buy” by brokerages. This indicates that the investment is likely to be a good one for potential investors. On the same day that the rating was announced, the stock price moved up, showing that investors have reacted favorably to the news. Analysts are optimistic about the company’s potential for growth, as the demand for its products and services continues to increase.

The company has also been investing in innovative technologies and strategies to remain competitive in a rapidly changing landscape. Based on all of this, SMART Global Holdings, Inc. appears to be a smart investment for those looking to diversify their portfolio.