SMART Global Holdings, Inc. (SGH) Touches $46.33 High on Mar, 21; Bancorp (TBBK) Sentiment Is 1.11

March 21, 2018 - By Linda Rogers

The Bancorp, Inc. operates as the financial holding firm for The Bancorp Bank that provides banking services and products to individuals, and small and mid-size businesses in the United States. The company has market cap of $626.63 million. The firm offers a range of deposit services and products, including checking accounts, savings accounts, money market accounts, commercial accounts, and prepaid and payroll cards. It has a 28.84 P/E ratio. It also provides securities backed lines of credit, automobile fleet and other equipment leasing, small business administration loans, and loans generated for sale into capital markets primarily through commercial mortgage backed securities and collateralized loan obligations.

The stock of SMART Global Holdings, Inc. (NASDAQ:SGH) reached all time high today, Mar, 21 and still has $50.50 target or 9.00% above today’s $46.33 share price. This indicates more upside for the $1.01B company. This technical setup was reported by If the $50.50 PT is reached, the company will be worth $91.08 million more. The stock increased 3.13% or $1.4066 during the last trading session, reaching $46.3266. About 363,493 shares traded. SMART Global Holdings, Inc. (NASDAQ:SGH) has 0.00% since March 21, 2017 and is . It has underperformed by 16.70% the S&P500.

SMART Global Holdings, Inc. designs, makes, and supplies specialty memory solutions worldwide. The company has market cap of $1.01 billion. It offers DRAM modules for desktops, notebooks, and servers, as well as DRAM integrated circuits for SmartTVs; mobile DRAM and flash products for mobile devices; and specialty DRAM modules, and embedded and removable NAND flash products. It has a 51.19 P/E ratio. The firm also offers supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.

Analysts await SMART Global Holdings, Inc. (NASDAQ:SGH) to report earnings on March, 22 after the close. SGH’s profit will be $27.74M for 9.12 P/E if the $1.27 EPS becomes a reality. After $0.98 actual EPS reported by SMART Global Holdings, Inc. for the previous quarter, Wall Street now forecasts 29.59% EPS growth.

Second Curve Capital Llc holds 11.07% of its portfolio in The Bancorp, Inc. for 3.34 million shares. Signia Capital Management Llc owns 733,340 shares or 6.22% of their US portfolio. Moreover, Beach Investment Management Llc. has 1.64% invested in the company for 113,813 shares. The Connecticut-based Nantahala Capital Management Llc has invested 1.01% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 1.69 million shares.

Analysts await The Bancorp, Inc. (NASDAQ:TBBK) to report earnings on April, 26. They expect $0.20 EPS, up 81.82% or $0.09 from last year’s $0.11 per share. TBBK’s profit will be $11.23 million for 13.95 P/E if the $0.20 EPS becomes a reality. After $0.10 actual EPS reported by The Bancorp, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $52,974 activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.