Trending stocks today
SMTC Manufacturing (SMTX-Q)
NASDAQ:SMTX
6.04
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
SMTC Manufacturing, operating under the symbol SMTX-Q, designs and manufactures analog and mixed-signal semiconductor products, along with advanced algorithms. Despite solid revenue growth in FY 2024, the company is currently grappling with a significant net loss and a highly levered balance sheet, carrying a net debt of $1.26 billion. In the past year, both cash from operations and free cash flow have remained deeply negative. However, there is optimism surrounding SMTC as it stands to benefit from advancements in AI, with plans to launch new AI platforms that could drive future growth. Earnings per share forecasts for 2025 project a nearly sixfold increase compared to 2024 levels, hinting at potential upside. Presently, though, the negative momentum and fundamental outlook give experts reason to exercise caution before investing in SMTC.
$6.040
Unknown
This is a very successful semiconductor company trading near historical highs. If he owned this, he would be thinking of selling it, even though it keeps going up. The debt load is higher than he likes. The semiconductor sector is back in favor, and is more appropriate for momentum investors than contrarian investors at this time.
SMTC Manufacturing(SMTX-Q) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 1
SMTC Manufacturing(SMTX-Q) Frequently Asked Questions
What is SMTC Manufacturing stock symbol?
SMTC Manufacturing is a American stock, trading under the symbol SMTX-Q on the NASDAQ (SMTX). It is usually referred to as NASDAQ:SMTX or SMTX-Q
Is SMTC Manufacturing a buy or a sell?
In the last year, 1 stock analyst published opinions about SMTX-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SMTC Manufacturing.
Is SMTC Manufacturing a good investment or a top pick?
SMTC Manufacturing was recommended as a Top Pick by on . Read the latest stock experts ratings for SMTC Manufacturing.
Why is SMTC Manufacturing stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is SMTC Manufacturing worth watching?
In the last year, there was no coverage of SMTC Manufacturing published on Stockchase.
What is SMTC Manufacturing stock price?
On 2021-04-04, SMTC Manufacturing (SMTX-Q) stock closed at a price of $6.04.
SMTC manufactures and designs analog and mixed-signal semiconductor products and advanced algorithms. Revenue growth was has been solid in FY 2024, but it is operating at a high net loss. The balance sheet is highly levered with a net debt balance of $1.26B. Cash from operations and free cash flow are also highly negative over the last twelve months. There is potential here as SMTC is expected to be a large benficiary of AI and the company will be launching new AI platforms that should fuel future growth. EPS forecast in 2025 are expected to almost 6x 2024 levels. Right now, the momentum and fundemental standing of SMTC if far too negative and makes us want to stay away, however, if it's new products can contribute significantly to earnings and revenue it could potentially be worth a look.
Unlock Premium - Try 5i Free