25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

850 (SMART Global Holdings Inc) Stock Analysis
Buy, Hold or Sell?

Let's analyze SMART Global Holdings Inc together

I guess you are interested in SMART Global Holdings Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – SMART Global Holdings Inc’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – SMART Global Holdings Inc’s Price Targets

I'm going to help you getting a better view of SMART Global Holdings Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about SMART Global Holdings Inc

I send you an email if I find something interesting about SMART Global Holdings Inc.

1. Quick Overview

1.1. Quick analysis of SMART Global Holdings Inc (30 sec.)










1.2. What can you expect buying and holding a share of SMART Global Holdings Inc? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€7.05
Expected worth in 1 year
€6.91
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
€-0.14
Return On Investment
-0.9%

For what price can you sell your share?

Current Price per Share
€15.20
Expected price per share
€12.40 - €17.50
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of SMART Global Holdings Inc (5 min.)




Live pricePrice per Share (EOD)
€15.20
Intrinsic Value Per Share
€16.11 - €18.92
Total Value Per Share
€23.16 - €25.97

2.2. Growth of SMART Global Holdings Inc (5 min.)




Is SMART Global Holdings Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$408.9m$325.2m$87.3m21.2%

How much money is SMART Global Holdings Inc making?

Current yearPrevious yearGrowGrow %
Making money-$6.8m-$53.1m$46.2m677.2%
Net Profit Margin-2.3%-16.1%--

How much money comes from the company's main activities?

2.3. Financial Health of SMART Global Holdings Inc (5 min.)




2.4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  

3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of SMART Global Holdings Inc?

Welcome investor! SMART Global Holdings Inc's management wants to use your money to grow the business. In return you get a share of SMART Global Holdings Inc.

First you should know what it really means to hold a share of SMART Global Holdings Inc. And how you can make/lose money.

Speculation

The Price per Share of SMART Global Holdings Inc is €15.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of SMART Global Holdings Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in SMART Global Holdings Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €7.05. Based on the TTM, the Book Value Change Per Share is €-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is €0.24 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of SMART Global Holdings Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 β‚¬% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share
Usd Eps0.100.6%-0.13-0.8%-1.54-10.1%-0.25-1.6%-0.22-1.5%
Usd Book Value Change Per Share0.161.1%-0.04-0.3%0.271.7%0.130.8%0.352.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.161.1%-0.04-0.3%0.271.7%0.130.8%0.352.3%
Usd Price Per Share18.34-19.76-20.35-19.55-19.05-
Price to Earnings Ratio46.98-15.90--5.97-29.57-68.83-
Price-to-Total Gains Ratio113.49--27.05--51.39--16.82--36.84-
Price to Book Ratio2.40-2.56-3.61-3.16-3.13-
Price-to-Total Gains Ratio113.49--27.05--51.39--16.82--36.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share16.4996
Number of shares60
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.040.13
Usd Total Gains Per Share-0.040.13
Gains per Quarter (60 shares)-2.307.66
Gains per Year (60 shares)-9.2230.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-9-1903121
20-18-2806152
30-28-3709283
40-37-460123114
50-46-550153145
60-55-640184176
70-65-730214207
80-74-820245238
90-83-910276269
100-92-1000306300

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%6.06.00.050.0%12.08.00.060.0%14.08.00.063.6%14.08.00.063.6%
Book Value Change Per Share2.02.00.050.0%5.07.00.041.7%10.010.00.050.0%11.011.00.050.0%11.011.00.050.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.022.00.0%0.00.022.00.0%
Total Gains per Share2.02.00.050.0%5.07.00.041.7%10.010.00.050.0%11.011.00.050.0%11.011.00.050.0%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of SMART Global Holdings Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.149-0.035+124%0.245-39%0.118+27%0.320-54%
Book Value Per Share--7.0507.127-1%5.622+25%5.844+21%5.741+23%
Current Ratio--2.3322.742-15%2.394-3%2.188+7%2.160+8%
Debt To Asset Ratio--0.7420.730+2%0.797-7%0.736+1%0.726+2%
Debt To Equity Ratio--2.9322.761+6%4.175-30%3.024-3%2.907+1%
Dividend Per Share----0%-0%-0%-0%
Enterprise Value---178447399.200-59139777.800-67%-167765829.800-6%37732401.000-573%57768989.582-409%
Eps--0.090-0.118+231%-1.421+1680%-0.229+354%-0.203+326%
Ev To Ebitda Ratio--infinfnan%nannan%nannan%nannan%
Ev To Sales Ratio---0.142-0.049-66%-0.131-8%0.032-546%0.052-373%
Free Cash Flow Per Share--0.2070.185+11%0.745-72%0.291-29%0.291-29%
Free Cash Flow To Equity Per Share--0.073-0.640+980%0.622-88%0.409-82%0.409-82%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--18.924--------
Intrinsic Value_10Y_min--16.114--------
Intrinsic Value_1Y_max--1.232--------
Intrinsic Value_1Y_min--1.210--------
Intrinsic Value_3Y_max--4.208--------
Intrinsic Value_3Y_min--4.007--------
Intrinsic Value_5Y_max--7.795--------
Intrinsic Value_5Y_min--7.191--------
Market Cap810020160.000-11%903102200.000970514480.000-7%999202500.000-10%959838401.200-6%935475620.273-3%
Net Profit Margin--0.015-0.023+252%-0.161+1154%-0.027+275%-0.023+253%
Operating Margin----0%0.004-100%0.041-100%0.043-100%
Operating Ratio--1.6621.686-1%1.703-2%1.710-3%1.716-3%
Pb Ratio2.156-11%2.3972.555-6%3.613-34%3.165-24%3.128-23%
Pe Ratio42.253-11%46.97915.901+195%-5.966+113%29.571+59%68.832-32%
Price Per Share15.200-11%16.90018.200-7%18.750-10%18.009-6%17.552-4%
Price To Free Cash Flow Ratio18.396-11%20.453-0.246+101%8.235+148%66.299-69%60.272-66%
Price To Total Gains Ratio102.073-11%113.489-27.052+124%-51.389+145%-16.822+115%-36.843+132%
Quick Ratio--0.7010.713-2%0.570+23%0.691+1%0.707-1%
Return On Assets--0.003-0.005+242%-0.034+1145%-0.005+238%-0.004+214%
Return On Equity--0.013-0.018+234%-0.211+1716%-0.032+348%-0.028+318%
Total Gains Per Share--0.149-0.035+124%0.245-39%0.118+27%0.320-54%
Usd Book Value--408933705.307412530070.798-1%325219836.323+26%338099904.591+21%332146440.895+23%
Usd Book Value Change Per Share--0.162-0.038+124%0.266-39%0.128+27%0.348-54%
Usd Book Value Per Share--7.6527.736-1%6.103+25%6.343+21%6.232+23%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Enterprise Value---193704651.832-64196228.802-67%-182109808.248-6%40958521.285-573%62708238.191-409%
Usd Eps--0.098-0.128+231%-1.543+1680%-0.248+354%-0.221+326%
Usd Free Cash Flow--11982551.83610728098.754+12%43083138.630-72%16840370.147-29%15309427.406-22%
Usd Free Cash Flow Per Share--0.2240.201+11%0.808-72%0.316-29%0.316-29%
Usd Free Cash Flow To Equity Per Share--0.079-0.695+980%0.675-88%0.443-82%0.443-82%
Usd Market Cap879276883.680-11%980317438.1001053493468.040-7%1084634313.750-10%1041904584.503-6%1015458785.806-3%
Usd Price Per Share16.500-11%18.34519.756-7%20.353-10%19.549-6%19.053-4%
Usd Profit--5216804.884-6833244.427+231%-53107763.695+1118%-7413672.718+242%-6473848.778+224%
Usd Revenue--341089242.785309401177.963+10%350839128.126-3%363855991.277-6%355796238.178-4%
Usd Total Gains Per Share--0.162-0.038+124%0.266-39%0.128+27%0.348-54%
 EOD+4 -4MRQTTM+20 -15YOY+16 -205Y+21 -1510Y+16 -20

3.3 Fundamental Score

Let's check the fundamental score of SMART Global Holdings Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1542.253
Price to Book Ratio (EOD)Between0-12.156
Net Profit Margin (MRQ)Greater than00.015
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.701
Current Ratio (MRQ)Greater than12.332
Debt to Asset Ratio (MRQ)Less than10.742
Debt to Equity Ratio (MRQ)Less than12.932
Return on Equity (MRQ)Greater than0.150.013
Return on Assets (MRQ)Greater than0.050.003
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of SMART Global Holdings Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.727
Ma 20Greater thanMa 5018.165
Ma 50Greater thanMa 10018.992
Ma 100Greater thanMa 20017.863
OpenGreater thanClose15.200
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About SMART Global Holdings Inc

Penguin Solutions, Inc. engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. The company also provides Penguin Computing that focus on technical computing for core and cloud environments through high-performance computing and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications, such as high-performance products for government, health care, manufacturing, and telecommunications applications. In addition, it offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, the company provides LED chip products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brands. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is based in Grand Cayman, Cayman Islands.

Fundamental data was last updated by Penke on 2025-02-28 04:27:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ SMART Global Holdings Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • A Net Profit Margin of 1.5%Β means thatΒ €0.02 for each €1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SMART Global Holdings Inc:

  • The MRQ is 1.5%. The company is making a profit. +1
  • The TTM is -2.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ1.5%TTM-2.3%+3.8%
TTM-2.3%YOY-16.1%+13.8%
TTM-2.3%5Y-2.7%+0.4%
5Y-2.7%10Y-2.3%-0.3%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%3.7%-2.2%
TTM-2.3%3.9%-6.2%
YOY-16.1%3.8%-19.9%
5Y-2.7%3.3%-6.0%
10Y-2.3%3.3%-5.6%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ SMART Global Holdings Inc is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • 0.3% Return on Assets means thatΒ SMART Global Holdings Inc generatedΒ €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SMART Global Holdings Inc:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ0.3%TTM-0.5%+0.8%
TTM-0.5%YOY-3.4%+3.0%
TTM-0.5%5Y-0.5%0.0%
5Y-0.5%10Y-0.4%-0.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.2%-0.9%
TTM-0.5%1.3%-1.8%
YOY-3.4%1.3%-4.7%
5Y-0.5%1.2%-1.7%
10Y-0.4%1.3%-1.7%
4.3.1.3. Return on Equity

Shows how efficient SMART Global Holdings Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • 1.3% Return on Equity means SMART Global Holdings Inc generated €0.01Β for eachΒ €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SMART Global Holdings Inc:

  • The MRQ is 1.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.3%TTM-1.8%+3.1%
TTM-1.8%YOY-21.1%+19.3%
TTM-1.8%5Y-3.2%+1.5%
5Y-3.2%10Y-2.8%-0.4%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%2.8%-1.5%
TTM-1.8%3.1%-4.9%
YOY-21.1%3.2%-24.3%
5Y-3.2%2.8%-6.0%
10Y-2.8%3.0%-5.8%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of SMART Global Holdings Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient SMART Global Holdings Inc is operatingΒ .

  • Measures how much profit SMART Global Holdings Inc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • An Operating Margin of 0.0%Β means the company generated €0.00 Β for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SMART Global Holdings Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY0.4%-0.4%
TTM-5Y4.1%-4.1%
5Y4.1%10Y4.3%-0.2%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.7%-7.7%
TTM-6.3%-6.3%
YOY0.4%4.3%-3.9%
5Y4.1%4.5%-0.4%
10Y4.3%4.5%-0.2%
4.3.2.2. Operating Ratio

Measures how efficient SMART Global Holdings Inc is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Information Technology Services industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are €1.66 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of SMART Global Holdings Inc:

  • The MRQ is 1.662. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.686. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.662TTM1.686-0.024
TTM1.686YOY1.703-0.017
TTM1.6865Y1.710-0.024
5Y1.71010Y1.716-0.006
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6621.035+0.627
TTM1.6861.073+0.613
YOY1.7031.003+0.700
5Y1.7101.049+0.661
10Y1.7161.024+0.692
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of SMART Global Holdings Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if SMART Global Holdings Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Information Technology Services industry mean).
  • A Current Ratio of 2.33Β means the company has €2.33 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of SMART Global Holdings Inc:

  • The MRQ is 2.332. The company is able to pay all its short-term debts. +1
  • The TTM is 2.742. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.332TTM2.742-0.409
TTM2.742YOY2.394+0.348
TTM2.7425Y2.188+0.554
5Y2.18810Y2.160+0.028
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3321.466+0.866
TTM2.7421.458+1.284
YOY2.3941.496+0.898
5Y2.1881.618+0.570
10Y2.1601.616+0.544
4.4.3.2. Quick Ratio

Measures if SMART Global Holdings Inc is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • A Quick Ratio of 0.70Β means the company can pay off €0.70 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SMART Global Holdings Inc:

  • The MRQ is 0.701. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.713. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.701TTM0.713-0.012
TTM0.713YOY0.570+0.142
TTM0.7135Y0.691+0.022
5Y0.69110Y0.707-0.016
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7010.897-0.196
TTM0.7130.977-0.264
YOY0.5701.099-0.529
5Y0.6911.239-0.548
10Y0.7071.299-0.592
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of SMART Global Holdings Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of SMART Global Holdings IncΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ SMART Global Holdings Inc to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.74Β means that SMART Global Holdings Inc assets areΒ financed with 74.2% credit (debt) and the remaining percentage (100% - 74.2%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of SMART Global Holdings Inc:

  • The MRQ is 0.742. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.730. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.742TTM0.730+0.011
TTM0.730YOY0.797-0.066
TTM0.7305Y0.736-0.005
5Y0.73610Y0.726+0.009
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7420.507+0.235
TTM0.7300.507+0.223
YOY0.7970.486+0.311
5Y0.7360.501+0.235
10Y0.7260.495+0.231
4.5.4.2. Debt to Equity Ratio

Measures ifΒ SMART Global Holdings Inc is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • A Debt to Equity ratio of 293.2% means that company has €2.93 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SMART Global Holdings Inc:

  • The MRQ is 2.932. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.761. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.932TTM2.761+0.171
TTM2.761YOY4.175-1.414
TTM2.7615Y3.024-0.263
5Y3.02410Y2.907+0.118
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9321.017+1.915
TTM2.7611.003+1.758
YOY4.1750.928+3.247
5Y3.0241.018+2.006
10Y2.9071.049+1.858
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every €1 in earnings SMART Global Holdings Inc generates.

  • Above 15 is considered overpriced butΒ always compareΒ SMART Global Holdings Inc to theΒ Information Technology Services industry mean.
  • A PE ratio of 46.98 means the investor is paying €46.98Β for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SMART Global Holdings Inc:

  • The EOD is 42.253. Based on the earnings, the company is overpriced. -1
  • The MRQ is 46.979. Based on the earnings, the company is overpriced. -1
  • The TTM is 15.901. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD42.253MRQ46.979-4.726
MRQ46.979TTM15.901+31.078
TTM15.901YOY-5.966+21.867
TTM15.9015Y29.571-13.670
5Y29.57110Y68.832-39.261
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD42.25315.057+27.196
MRQ46.97916.006+30.973
TTM15.90115.835+0.066
YOY-5.96615.183-21.149
5Y29.57117.759+11.812
10Y68.83220.231+48.601
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of SMART Global Holdings Inc:

  • The EOD is 18.396. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.453. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -0.246. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD18.396MRQ20.453-2.057
MRQ20.453TTM-0.246+20.699
TTM-0.246YOY8.235-8.481
TTM-0.2465Y66.299-66.544
5Y66.29910Y60.272+6.027
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD18.3965.429+12.967
MRQ20.4535.621+14.832
TTM-0.2463.849-4.095
YOY8.2355.402+2.833
5Y66.2994.632+61.667
10Y60.2724.733+55.539
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ SMART Global Holdings Inc is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Information Technology Services industry mean).
  • A PB ratio of 2.40 means the investor is paying €2.40Β for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of SMART Global Holdings Inc:

  • The EOD is 2.156. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.397. Based on the equity, the company is underpriced. +1
  • The TTM is 2.555. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.156MRQ2.397-0.241
MRQ2.397TTM2.555-0.158
TTM2.555YOY3.613-1.058
TTM2.5555Y3.165-0.610
5Y3.16510Y3.128+0.037
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD2.1562.573-0.417
MRQ2.3972.500-0.103
TTM2.5552.573-0.018
YOY3.6132.463+1.150
5Y3.1652.965+0.200
10Y3.1283.422-0.294
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-11-30. Currency in USD. All numbers in thousands.

Summary
Total Assets1,583,015
Total Liabilities1,174,066
Total Stockholder Equity400,375
 As reported
Total Liabilities 1,174,066
Total Stockholder Equity+ 400,375
Total Assets = 1,583,015

Assets

Total Assets1,583,015
Total Current Assets995,579
Long-term Assets587,436
Total Current Assets
Cash And Cash Equivalents 370,295
Short-term Investments 23,430
Net Receivables 275,629
Inventory 246,952
Other Current Assets 79,273
Total Current Assets  (as reported)995,579
Total Current Assets  (calculated)995,579
+/-0
Long-term Assets
Property Plant Equipment 158,556
Goodwill 161,958
Intangible Assets 111,926
Long-term Assets Other 70,062
Long-term Assets  (as reported)587,436
Long-term Assets  (calculated)502,502
+/- 84,934

Liabilities & Shareholders' Equity

Total Current Liabilities426,886
Long-term Liabilities747,180
Total Stockholder Equity400,375
Total Current Liabilities
Accounts payable 244,271
Other Current Liabilities 100,924
Total Current Liabilities  (as reported)426,886
Total Current Liabilities  (calculated)345,195
+/- 81,691
Long-term Liabilities
Long term Debt 658,070
Capital Lease Obligations Min Short Term Debt58,611
Long-term Liabilities Other 30,499
Long-term Liabilities  (as reported)747,180
Long-term Liabilities  (calculated)747,180
+/-0
Total Stockholder Equity
Retained Earnings 35,202
Total Stockholder Equity (as reported)400,375
Total Stockholder Equity (calculated)35,202
+/- 365,173
Other
Capital Stock1,832
Common Stock Shares Outstanding 53,438
Net Debt 287,775
Net Invested Capital 1,058,445
Net Working Capital 568,693
Property Plant and Equipment Gross 277,842



6.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-11-302024-08-312024-05-312024-02-292023-11-302023-08-312023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-302020-08-312020-05-312020-02-292019-11-302019-08-31
> Total Assets 
704,137
782,733
808,437
792,300
786,608
784,725
820,807
1,189,057
1,344,798
1,323,698
1,508,513
1,554,052
1,572,064
1,807,660
1,640,083
1,591,188
1,505,958
1,630,865
1,517,454
1,546,133
1,474,506
1,583,015
1,583,0151,474,5061,546,1331,517,4541,630,8651,505,9581,591,1881,640,0831,807,6601,572,0641,554,0521,508,5131,323,6981,344,7981,189,057820,807784,725786,608792,300808,437782,733704,137
   > Total Current Assets 
472,260
532,328
549,907
567,106
556,710
558,523
578,827
806,245
950,818
943,837
1,131,717
1,167,566
1,151,865
1,121,911
978,170
938,911
907,402
986,848
884,730
942,327
867,704
995,579
995,579867,704942,327884,730986,848907,402938,911978,1701,121,9111,151,8651,167,5661,131,717943,837950,818806,245578,827558,523556,710567,106549,907532,328472,260
       Cash And Cash Equivalents 
98,139
111,389
141,860
131,845
150,811
164,097
139,803
188,992
222,986
233,050
365,768
387,326
363,065
324,821
375,854
401,275
365,563
529,059
442,329
453,791
383,147
370,295
370,295383,147453,791442,329529,059365,563401,275375,854324,821363,065387,326365,768233,050222,986188,992139,803164,097150,811131,845141,860111,38998,139
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,251
24,385
23,439
13,746
6,337
23,430
23,4306,33713,74623,43924,38525,2510000000000000000
       Net Receivables 
217,433
243,058
228,499
236,033
228,610
230,190
228,370
298,266
337,440
361,161
403,527
377,416
430,345
326,191
229,474
243,571
219,247
170,590
169,718
211,842
251,743
275,629
275,629251,743211,842169,718170,590219,247243,571229,474326,191430,345377,416403,527361,161337,440298,266228,370230,190228,610236,033228,499243,058217,433
       Inventory 
118,738
159,999
161,407
180,554
162,991
147,203
189,327
288,962
363,601
317,851
334,148
365,258
323,084
416,082
294,367
226,051
174,977
208,441
172,763
177,299
151,213
246,952
246,952151,213177,299172,763208,441174,977226,051294,367416,082323,084365,258334,148317,851363,601288,962189,327147,203162,991180,554161,407159,999118,738
   > Long-term Assets 
231,877
250,405
258,530
225,194
229,898
226,202
241,980
382,812
393,980
379,861
376,796
386,486
420,199
685,749
661,913
652,277
598,556
644,017
632,724
603,806
606,802
587,436
587,436606,802603,806632,724644,017598,556652,277661,913685,749420,199386,486376,796379,861393,980382,812241,980226,202229,898225,194258,530250,405231,877
       Property Plant Equipment 
0
91,113
87,694
80,049
79,718
83,095
103,195
188,568
197,135
186,620
184,875
202,635
231,334
248,051
252,266
255,540
187,178
176,965
172,045
169,375
166,897
158,556
158,556166,897169,375172,045176,965187,178255,540252,266248,051231,334202,635184,875186,620197,135188,568103,19583,09579,71880,04987,69491,1130
       Goodwill 
81,423
79,868
78,347
73,451
73,955
72,100
73,017
73,257
74,255
72,487
73,413
75,043
74,009
199,691
182,710
183,089
161,958
161,958
161,958
161,958
161,958
161,958
161,958161,958161,958161,958161,958161,958183,089182,710199,69174,00975,04373,41372,48774,25573,25773,01772,10073,95573,45178,34779,86881,423
       Intangible Assets 
69,325
65,912
62,498
59,085
55,671
52,258
48,844
107,160
101,073
95,331
88,887
83,219
77,812
193,337
182,894
171,415
160,185
150,283
140,923
131,380
121,454
111,926
111,926121,454131,380140,923150,283160,185171,415182,894193,33777,81283,21988,88795,331101,073107,16048,84452,25855,67159,08562,49865,91269,325
       Long-term Assets Other 
2,521
3,072
3,104
3,598
3,602
3,858
4,541
4,999
21,517
25,423
29,621
25,589
37,044
44,670
44,043
42,233
15,150
80,446
83,884
63,190
71,415
70,062
70,06271,41563,19083,88480,44615,15042,23344,04344,67037,04425,58929,62125,42321,5174,9994,5413,8583,6023,5983,1043,0722,521
> Total Liabilities 
430,677
510,949
501,386
527,781
504,504
506,407
562,248
911,589
1,025,874
991,414
1,153,601
1,154,983
1,193,518
1,448,273
1,308,563
1,267,022
1,276,725
1,214,856
1,105,950
1,115,612
1,075,298
1,174,066
1,174,0661,075,2981,115,6121,105,9501,214,8561,276,7251,267,0221,308,5631,448,2731,193,5181,154,9831,153,601991,4141,025,874911,589562,248506,407504,504527,781501,386510,949430,677
   > Total Current Liabilities 
237,900
299,975
277,227
306,260
282,489
282,568
323,024
492,218
583,798
535,119
533,804
524,896
515,540
551,807
420,447
384,305
426,250
368,804
267,959
351,142
327,596
426,886
426,886327,596351,142267,959368,804426,250384,305420,447551,807515,540524,896533,804535,119583,798492,218323,024282,568282,489306,260277,227299,975237,900
       Short Long Term Debt 
24,054
23,039
1,546
608
0
0
0
25,000
25,354
35,802
6,425
8,795
12,025
28,435
32,141
32,253
35,618
28,511
0
0
0
0
000028,51135,61832,25332,14128,43512,0258,7956,42535,80225,35425,0000006081,54623,03924,054
       Accounts payable 
164,866
224,213
217,256
245,774
224,660
235,557
261,443
354,210
426,540
369,860
377,988
381,951
341,563
321,035
226,289
170,884
129,780
181,791
148,008
191,799
182,037
244,271
244,271182,037191,799148,008181,791129,780170,884226,289321,035341,563381,951377,988369,860426,540354,210261,443235,557224,660245,774217,256224,213164,866
       Other Current Liabilities 
0
23,639
29,820
30,508
23,849
16,958
25,506
53,764
94,109
98,824
110,877
95,524
116,763
165,917
162,017
141,927
233,187
82,115
48,710
31,777
44,552
100,924
100,92444,55231,77748,71082,115233,187141,927162,017165,917116,76395,524110,87798,82494,10953,76425,50616,95823,84930,50829,82023,6390
   > Long-term Liabilities 
192,777
210,974
224,159
221,521
222,015
223,839
239,224
419,371
442,076
456,295
619,797
630,087
677,978
896,466
888,116
882,717
850,475
846,052
837,991
764,470
747,702
747,180
747,180747,702764,470837,991846,052850,475882,717888,116896,466677,978630,087619,797456,295442,076419,371239,224223,839222,015221,521224,159210,974192,777
       Long term Debt 
182,450
177,303
191,593
193,547
195,573
197,634
210,811
338,047
340,484
341,150
483,911
485,026
591,389
796,985
789,364
782,258
754,820
748,299
740,663
667,042
657,347
658,070
658,070657,347667,042740,663748,299754,820782,258789,364796,985591,389485,026483,911341,150340,484338,047210,811197,634195,573193,547191,593177,303182,450
       Capital Lease Obligations Min Short Term Debt
0
27,949
29,562
27,211
26,133
24,078
26,340
36,910
32,419
29,396
27,047
36,594
71,754
76,950
76,092
73,421
66,407
64,407
62,585
62,054
60,542
58,611
58,61160,54262,05462,58564,40766,40773,42176,09276,95071,75436,59427,04729,39632,41936,91026,34024,07826,13327,21129,56227,9490
       Other Liabilities 
0
10,219
8,126
6,127
5,613
6,681
7,071
52,961
69,173
85,749
108,839
108,467
14,835
22,531
22,660
0
29,248
0
0
0
0
0
0000029,248022,66022,53114,835108,467108,83985,74969,17352,9617,0716,6815,6136,1278,12610,2190
       Long-term Liabilities Other 
10,327
10,219
8,126
6,127
5,613
6,681
7,071
52,961
69,173
85,749
108,839
108,467
14,835
22,531
22,660
27,038
29,248
33,346
34,743
35,374
29,813
30,499
30,49929,81335,37434,74333,34629,24827,03822,66022,53114,835108,467108,83985,74969,17352,9617,0716,6815,6136,1278,12610,21910,327
       Deferred Long Term Liability 
0
1,354
1,143
1,441
1,356
1,090
1,009
881
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000008811,0091,0901,3561,4411,1431,3540
> Total Stockholder Equity
273,460
271,784
307,051
264,519
282,104
278,318
258,559
269,433
310,251
322,940
348,827
392,602
371,611
352,120
325,829
318,097
222,475
410,160
405,042
423,449
391,381
400,375
400,375391,381423,449405,042410,160222,475318,097325,829352,120371,611392,602348,827322,940310,251269,433258,559278,318282,104264,519307,051271,784273,460
   Common Stock
0
718
723
728
737
751
757
769
773
784
1,535
1,573
1,586
1,618
1,631
0
1,726
0
0
0
0
0
000001,72601,6311,6181,5861,5731,5357847737697577517377287237180
   Retained Earnings 
164,620
164,844
155,124
155,949
163,477
165,504
171,348
164,137
184,787
204,814
207,272
231,385
251,344
274,975
247,756
223,301
82,457
62,536
48,916
54,532
29,985
35,202
35,20229,98554,53248,91662,53682,457223,301247,756274,975251,344231,385207,272204,814184,787164,137171,348165,504163,477155,949155,124164,844164,620
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 00000-205,9640-217,557-223,650-221,655-210,874-229,676-241,055-221,615-231,258-233,830-244,764-228,241-234,634-198,882-188,1100



6.3. Balance Sheets

Currency in USD. All numbers in thousands.




6.4. Cash Flows

Currency in USD. All numbers in thousands.




6.5. Income Statements

Currency in USD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-08-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,170,796
Cost of Revenue-830,020
Gross Profit340,776340,776
 
Operating Income (+$)
Gross Profit340,776
Operating Expense-1,152,501
Operating Income18,295-811,725
 
Operating Expense (+$)
Research Development81,537
Selling General Administrative233,880
Selling And Marketing Expenses-
Operating Expense1,152,501315,417
 
Net Interest Income (+$)
Interest Income-
Interest Expense-28,378
Other Finance Cost-0
Net Interest Income-28,378
 
Pretax Income (+$)
Operating Income18,295
Net Interest Income-28,378
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-31,16739,379
EBIT - interestExpense = -28,378
-52,472
-24,094
Interest Expense28,378
Earnings Before Interest and Taxes (EBIT)--2,789
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-31,167
Tax Provision-10,618
Net Income From Continuing Ops-41,785-41,785
Net Income-52,472
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-21,08428,378
 

Technical Analysis of SMART Global Holdings Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of SMART Global Holdings Inc. The general trend of SMART Global Holdings Inc is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine SMART Global Holdings Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. SMART Global Holdings Inc Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of SMART Global Holdings Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 15.50 < 15.50 < 17.50.

The bearish price targets are: 13.70 > 12.40.

Tweet this
SMART Global Holdings Inc Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of SMART Global Holdings Inc. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

SMART Global Holdings Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of SMART Global Holdings Inc. The current macd is -1.19421747.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the SMART Global Holdings Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for SMART Global Holdings Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the SMART Global Holdings Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
SMART Global Holdings Inc Daily Moving Average Convergence/Divergence (MACD) ChartSMART Global Holdings Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of SMART Global Holdings Inc. The current adx is 33.35.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell SMART Global Holdings Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
SMART Global Holdings Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of SMART Global Holdings Inc. The current sar is 17.70.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
SMART Global Holdings Inc Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of SMART Global Holdings Inc. The current rsi is 24.73. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
SMART Global Holdings Inc Daily Relative Strength Index (RSI) ChartSMART Global Holdings Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of SMART Global Holdings Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the SMART Global Holdings Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
SMART Global Holdings Inc Daily Stochastic Oscillator ChartSMART Global Holdings Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of SMART Global Holdings Inc. The current cci is -106.5026362.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
SMART Global Holdings Inc Daily Commodity Channel Index (CCI) ChartSMART Global Holdings Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of SMART Global Holdings Inc. The current cmo is -64.20504798.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
SMART Global Holdings Inc Daily Chande Momentum Oscillator (CMO) ChartSMART Global Holdings Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of SMART Global Holdings Inc. The current willr is -97.82608696.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
SMART Global Holdings Inc Daily Williams %R ChartSMART Global Holdings Inc Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of SMART Global Holdings Inc.

SMART Global Holdings Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of SMART Global Holdings Inc. The current atr is 0.47997437.

SMART Global Holdings Inc Daily Average True Range (ATR) ChartSMART Global Holdings Inc Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of SMART Global Holdings Inc. The current obv is -5,118.

SMART Global Holdings Inc Daily On-Balance Volume (OBV) ChartSMART Global Holdings Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of SMART Global Holdings Inc. The current mfi is 0.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
SMART Global Holdings Inc Daily Money Flow Index (MFI) ChartSMART Global Holdings Inc Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SMART Global Holdings Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-10-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-10-31STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-11-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-11-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-01-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-01-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-01-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-01-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-01-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-31MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-03ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-04ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-03-10STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

SMART Global Holdings Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of SMART Global Holdings Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.727
Ma 20Greater thanMa 5018.165
Ma 50Greater thanMa 10018.992
Ma 100Greater thanMa 20017.863
OpenGreater thanClose15.200
Total1/5 (20.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of SMART Global Holdings Inc with someone you think should read this too:
  • Are you bullish or bearish on SMART Global Holdings Inc? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about SMART Global Holdings Inc? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about SMART Global Holdings Inc

I send you an email if I find something interesting about SMART Global Holdings Inc.


Comments

How you think about this?

Leave a comment

Stay informed about SMART Global Holdings Inc.

Receive notifications about SMART Global Holdings Inc in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.