Professional
Added to YB: 2024-04-16
Pitch date: 2024-04-10
SGH [bullish]
Penguin Solutions, Inc.
+5.09%
current return
Author Info
No bio for this author
Company Info
Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED.
Market Cap
$1.2B
Pitch Price
$19.83
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.93
P/E
81.64
EV/Sales
1.10
Sector
Semiconductors and Semiconductor Equipment
Category
growth
ClearBridge Small Cap Strategy Portfolio Holding: SMART Global Holdings, Inc.
SGH: Memory & LED mfr rebounded on accelerated high-perf computing demand, exceeding mgmt & mkt expectations. Improved margins & earnings surprise. Network solutions firm ITRI also strong on Q4 beat & 2024 guide above estimates, overcoming supply chain headwinds. Closing 2 factories to boost margins further.
Read full article (1 min)