Micron Technology Stock Analysis

Micron Stock Analysis Notes

About 85.0% of the company shares are owned by institutional investors. The book value of Micron Technology was now reported as 39.63. The company has Price/Earnings To Growth (PEG) ratio of 1.12. Micron Technology recorded a loss per share of 3.44. The entity last dividend was issued on the 28th of March 2024. The firm had 2:1 split on the 2nd of May 2000. Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 48000 people. To find out more about Micron Technology contact Mark Durcan at 208 368 4000 or learn more at https://www.micron.com.

Micron Technology Investment Alerts

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Micron Largest EPS Surprises

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Micron Technology Thematic Classifications

Micron Stock Institutional Investors

Note, although Micron Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Micron Market Capitalization

The company currently falls under 'Mega-Cap' category with a market capitalization of 124.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Micron Technology's market, we take the total number of its shares issued and multiply it by Micron Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Micron Profitablity

The company has Net Profit Margin (PM) of (0.21) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.03 %, which signifies that for every $100 of sales, it has a net operating income of $0.03.

Management Efficiency

Micron Technology has Return on Asset (ROA) of (0.0377) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0377. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0827) %, which implies that it produced no returns to current stockholders. Micron Technology's management efficiency ratios could be used to measure how well Micron Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.08 in 2024. Return On Capital Employed is likely to drop to -0.11 in 2024. At this time, Micron Technology's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 77.6 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 789.8 M in 2024.

Technical Drivers

As of the 25th of April, Micron Technology secures the Risk Adjusted Performance of 0.0947, mean deviation of 2.14, and Downside Deviation of 2.57. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Micron Technology, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Micron Technology, which can be compared to its peers in the industry. Please verify Micron Technology mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Micron Technology is priced some-what accurately, providing market reflects its recent price of 111.78 per share. Given that Micron Technology has jensen alpha of 0.287, we recommend you to check Micron Technology's last-minute market performance to make sure the company can sustain itself at a future point.

Micron Technology Price Movement Analysis

Micron Technology Outstanding Bonds

Micron Technology Predictive Daily Indicators

Micron Technology Corporate Filings

Micron Technology Forecast Models

Micron Technology's time-series forecasting models are one of many Micron Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Micron Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Micron Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Micron shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Micron Technology. By using and applying Micron Stock analysis, traders can create a robust methodology for identifying Micron entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Micron analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Micron analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Micron Technology stock analysis indicators help investors evaluate how Micron Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Micron Technology shares will generate the highest return on investment. By understating and applying Micron Technology stock analysis, traders can identify Micron Technology position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.

Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.