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How to Buy Smart Global Holdings Stock

Smart Global Holdings Inc

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 stock last closed at $20.55, up 4.21% from the previous day, and has increased 23.94% in one year. It has underperformed other stocks in the Semiconductors industry by 0.15 percentage points. Smart Global Holdings stock is currently +62.32% from its 52-week low of $12.66, and -31.48% from its 52-week high of $29.99.

As of Feb 22, 2024, there are 51.83M SGH shares outstanding. The market cap of SGH is $1.07B. In the past 24 hours, 714,634 SGH shares were traded.

How to Buy Smart Global Holdings Stock

Wondering how to invest in Smart Global Holdings stock? Here's how.
  1. Figure out where to buy Smart Global Holdings stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Smart Global Holdings stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. Evaluate Smart Global Holdings stock: The Smart Global Holdings ticker symbol is SGH. Is Smart Global Holdings stock a good investment? Should you buy shares of SGH? How do SGH's underlying business fundamentals look? Do top analysts think Smart Global Holdings is a good buy? Why has SGH's stock price moved recently? (Hint: Our stock market research website can help you decide if SGH is a good stock to buy).
  5. Make your SGH buy order: Decide if you will purchase SGH shares at the current market price or use a limit order to purchase SGH stock at a particular price.
  6. Get key alerts regarding your SGH investment: Create a watchlist to important notifications about your position in Smart Global Holdings shares.

Step 1: Figure out where to buy Smart Global Holdings stock

You will need an online brokerage account in order to access the NASDAQ market and buy SGH shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, you need to fill out some personal details so you can buy SGH stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on the best stock investing app, you can securely and quickly fund your account:

Watch this video walkthrough for more details depositing money into your investment account.

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Step 4: Evaluate Smart Global Holdings stock

After you have identified the best place to buy Smart Global Holdings stock, it's crucial to evaluate their stock before you buy, so you truly understand the risk and opportunity.

Smart Global Holdings stock at a glance

SGH Price
$20.55
1w %
-3.43%
1y %
23.94%
5y %
33.31%
P/E
-4.82x
P/B
2.6x
P/S
0.86x
PEG
N/A
Revenue
$1.25B
Earnings
-$212.44M
Fore. Rev. Growth
-2.58%
Fore. Earn. Growth
N/A
Market Cap
$1.07B
Next Earnings
Apr 2, 2024
Next Dividend
N/A

Smart Global Holdings Overview

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.

You can see all of the due diligence checks on SGH's stock page.

Is SGH stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SGH's intrinsic value.

Using relative valuations methods:

  • SGH may be undervalued based on its P/B ratio of 2.6x, relative to Semiconductors industry P/B ratio of 8.31x

You can do additional valuation research on SGH's stock here.

A quick look at SGH Financials

Passed Health Checks:

  • SGH's operating cash flow of $209.85M allows it to safely service it's debt of $841.22M.
  • There are more short-term assets than long-term liabilities on the SGH balance sheet.
  • There are more short-term assets than short-term liabilities on the SGH balance sheet.

Failed Health Checks:

  • SGH has a relatively high debt to equity ratio of 2.96.
  • Total SGH debt is higher than 5 years ago, relative to shareholder equity.
  • SGH earnings of -$225.06M is not sufficient to cover its interest payments.
  • SGH profit margin has gone down from 3.9% to -17% in the past year.

Is it a good time to buy SGH stock, according to Wall Street analysts?

Out of 3 Equities analysts who give ratings on SGH, the consensus analyst rating on Smart Global Holdings is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Smart Global Holdings stock forecast page.

SGH Momentum

SMA10
21.27
SMA20
20.99
SMA50
20.12
SMA100
18.61
SMA200
21.37
MACD
0.07
MACD Signal
0.32
MACD Histogram
-0.25
RSI
48.54
Stochastic %K
24.57
Stochastic %D
29.75
StochRSI %K
8.91
StochRSI %D
9.94

Is SGH Growing Revenue?

Last year, SGH revenue was $1.25B. During the last 5 year, SGH's revenue has grown by -2.48% per year. This was slower than the Semiconductors industry average of 22.56%.

You can research SGH's earnings and revenue performance here.

Are SGH insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at SGH have sold more shares than they have bought.

Jack A. Pacheco, EVP COO Pres Mem Solutions of SGH, was the latest SGH insider to sell. They sold $50,060.00 worth of SGH stock on Feb 20, 2024.

Learn more about who owns SGH shares here.

Can I get consistent income from SGH stock?

No, Smart Global Holdings doesn't provide an income stream by paying out dividends.

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Step 5: Make your SGH buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, use a limit order.

Hit the Open button and eToro will execute the order.

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Step 6: Get key alerts regarding your SGH investment

Now that you own some SGH shares, you'll want to stay up-to-date on your investment.

Add SGH to a watchlist to get notified of important updates regarding your SGH stock.

SGH Feed

How to Buy Stock in Smart Global Holdings

To reiterate, here are the 6 steps to buy stock in Smart Global Holdings:

  1. Figure out where to buy Smart Global Holdings stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Smart Global Holdings stock
  5. Make your SGH buy order
  6. Get key alerts regarding your SGH investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Smart Global Holdings, add SGH to your watchlist by clicking the button below.

NASDAQ: SGH
$20.55+0.83 (+4.21%)
Updated Feb 22, 2024
Open eToro Account
NASDAQ: SGH
$20.55+0.83 (+4.21%)
Updated Feb 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Smart Global Holdings share?

As of Feb 22, 2024, it costs $20.55 to buy one share of Smart Global Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.487 shares of SGH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Smart Global Holdings stock?

According to 3 Wall Street analysts who monitor Smart Global Holdings, their consensus recommendation is to buy Smart Global Holdings stock.

What is the best way to buy Smart Global Holdings stock?

One way to place an order for Smart Global Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.