Exploring growth characteristics of SUPER MICRO COMPUTER INC (NASDAQ:SMCI).

In this article we will dive into SUPER MICRO COMPUTER INC (NASDAQ:SMCI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed SUPER MICRO COMPUTER INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• The recent financial report of SUPER MICRO COMPUTER INC demonstrates a 71.47% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• SUPER MICRO COMPUTER INC has experienced 103.0% q2q revenue growth, indicating a significant sales increase.
• Over the past 3 years, SUPER MICRO COMPUTER INC has demonstrated 63.99% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• SUPER MICRO COMPUTER INC showcases a robust Return on Equity (ROE) of 23.8%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• SUPER MICRO COMPUTER INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 99.84 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. SUPER MICRO COMPUTER INC is well-positioned for potential price growth opportunities.
• With a current Debt-to-Equity ratio at 0.03, SUPER MICRO COMPUTER INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• SUPER MICRO COMPUTER INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 63.52%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

In-Depth Technical Analysis of NASDAQ:SMCI

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, SMCI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SMCI has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, SMCI did better than 99% of all other stocks. We also observe that the gains produced by SMCI over the past year are nicely spread over this period.
• SMCI is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. SMCI outperforms 96% of them.
• SMCI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
• In the last month SMCI has a been trading in the 305.75 - 745.17 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

For an up to date full technical analysis you can check the technical report of SMCI

What is the full fundamental picture of NASDAQ:SMCI telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to SMCI. SMCI was compared to 32 industry peers in the Technology Hardware, Storage & Peripherals industry. While SMCI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SMCI shows excellent growth, but is valued quite expensive already. With these ratings, SMCI could be worth investigating further for growth investing!.

Check the latest full fundamental report of SMCI for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.