Micron Technology Stock Analysis

MU Stock  USD 110.28  3.97  3.47%   
Micron Technology is overvalued with Real Value of 87.75 and Target Price of 73.98. The main objective of Micron Technology stock analysis is to determine its intrinsic value, which is an estimate of what Micron Technology is worth, separate from its market price. There are two main types of Micron Technology's stock analysis: fundamental analysis and technical analysis.
The Micron Technology stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Micron Technology is usually not traded on Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday. Micron Stock trading window is adjusted to America/New York timezone.
  
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 closely tied 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.

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 39.88. The company has Price/Earnings To Growth (PEG) ratio of 1.12. Micron Technology recorded a loss per share of 1.41. The entity last dividend was issued on the 8th of July 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 Sanjay Mehrotra at 208 368 4000 or learn more at https://www.micron.com.

Micron Technology Quarterly Total Revenue

6.81 Billion

Micron Technology Investment Alerts

The company generated the yearly revenue of 15.54 B. Annual Net Loss to common stockholders was (5.83 B) with gross Loss of (1.42 B).
Over 85.0% of the company shares are owned by institutional investors
On 23rd of July 2024 Micron Technology paid $ 0.115 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Solid State Drive Market size is set to grow by USD 167.41 billion from 2024-2028, Enhanced performance and durability boost the market, Technavio

Micron Technology Upcoming and Recent Events

26th of March 2024
Upcoming Quarterly Report
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26th of June 2024
Next Financial Report
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29th of February 2024
Next Fiscal Quarter End
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25th of September 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
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31st of August 2023
Last Financial Announcement
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Micron Largest EPS Surprises

Earnings surprises can significantly impact Micron Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-06-30
2016-05-31-0.09-0.080.0111 
2001-03-29
2001-02-28-0.02-0.010.0150 
1996-12-16
1996-11-300.030.040.0133 
View All Earnings Estimates

Micron Technology Environmental, Social, and Governance (ESG) Scores

Micron Technology's ESG score is a quantitative measure that evaluates Micron Technology's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Micron Technology's operations that may have significant financial implications and affect Micron Technology's stock price as well as guide investors towards more socially responsible investments.

Micron Technology Thematic Classifications

In addition to having Micron Technology stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Semiconductor Idea
Semiconductor
Semiconductor materials and production
Electronic Equipment Idea
Electronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French
Trump Equities Idea
Trump Equities
Companies that have responded positively to Trump presidency

Micron Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Wellington Management Company Llp2024-03-31
14.3 M
Jpmorgan Chase & Co2024-03-31
12.5 M
Bank Of New York Mellon Corp2024-03-31
10.8 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2024-03-31
10.1 M
Bank Of America Corp2024-03-31
10.1 M
Northern Trust Corp2024-03-31
9.9 M
Norges Bank2023-12-31
M
Amvescap Plc.2024-03-31
8.9 M
Ubs Asset Mgmt Americas Inc2024-03-31
8.5 M
Vanguard Group Inc2024-03-31
96.7 M
Blackrock Inc2024-03-31
90.3 M
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 126.68 B.

Micron Profitablity

The company has Net Profit Margin (PM) of (0.07) %, 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 0.1 %, which signifies that for every $100 of sales, it has a net operating income of $0.1.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.08)(0.08)
Return On Capital Employed(0.10)(0.11)
Return On Assets(0.08)(0.08)
Return On Equity(0.12)(0.11)

Management Efficiency

Micron Technology has Return on Asset (ROA) of (0.0157) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0157. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0343) %, 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.
Last ReportedProjected for Next Year
Book Value Per Share 36.33  38.15 
Tangible Book Value Per Share 35.05  36.80 
Enterprise Value Over EBITDA 35.40  37.18 
Price Book Value Ratio 1.99  2.34 
Enterprise Value Multiple 35.40  37.18 
Price Fair Value 1.99  2.34 
Enterprise Value14.8 B9.9 B
The analysis of Micron Technology's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Micron Technology's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Micron Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.004
Operating Margin
0.1
Profit Margin
(0.07)
Forward Dividend Yield
0.004
Beta
1.179

Technical Drivers

As of the 24th of July, Micron Technology secures the Downside Deviation of 2.82, risk adjusted performance of 0.0287, and Mean Deviation of 2.16. 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.

Micron Technology Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Micron Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Micron Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Micron Technology Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Micron Technology insiders, such as employees or executives, is commonly permitted as long as it does not rely on Micron Technology's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Micron Technology insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Sanjay Mehrotra over a month ago
Acquisition by Sanjay Mehrotra of 7000 shares of Micron Technology at 28.2 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Acquisition by Sanjay Mehrotra of 7000 shares of Micron Technology at 28.2 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of tradable shares by Sanjay Mehrotra of Micron Technology at 129.9 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 6132 shares by Sanjay Mehrotra of Micron Technology at 132.09 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 848 shares by Sanjay Mehrotra of Micron Technology at 132.55 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 7000 shares by Sanjay Mehrotra of Micron Technology at 28.2 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 848 shares by Sanjay Mehrotra of Micron Technology at 132.55 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Acquisition by Sanjay Mehrotra of 7000 shares of Micron Technology at 28.2 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 7000 shares by Sanjay Mehrotra of Micron Technology at 28.2 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 7000 shares by Sanjay Mehrotra of Micron Technology at 28.2 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of 6132 shares by Sanjay Mehrotra of Micron Technology at 132.09 subject to Rule 16b-3
 
Sanjay Mehrotra over a month ago
Disposition of tradable shares by Sanjay Mehrotra of Micron Technology at 129.9 subject to Rule 16b-3

Micron Technology Outstanding Bonds

Micron Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Micron Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Micron bonds can be classified according to their maturity, which is the date when Micron Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Micron Technology Predictive Daily Indicators

Micron Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Micron Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Micron Technology Corporate Filings

F4
23rd of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
19th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
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F4
17th of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
2nd of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
27th of June 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
26th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
21st of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

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.

About Micron Stock Analysis

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.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.42)(0.40)
Operating Profit Margin(0.33)(0.32)
Net Loss(0.34)(0.32)
Gross Profit Margin(0.10)(0.10)

Current Micron Analysis - Recommendations

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.
Target PriceAdvice# of Analysts
73.98Strong Buy36Odds
Micron Technology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Micron analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Micron stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Micron Technology, talking to its executives and customers, or listening to Micron conference calls.
Micron Analyst Advice Details

Micron Stock Analysis Indicators

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.
Begin Period Cash Flow8.3 B
Long Term Debt13.1 B
Common Stock Shares Outstanding1.1 B
Total Stockholder Equity44.1 B
Total Cashflows From Investing Activities-6.2 B
Tax Provision177 M
Quarterly Earnings Growth Y O Y-0.432
Property Plant And Equipment Net38.6 B
Cash And Short Term Investments9.6 B
Cash8.6 B
Accounts Payable1.7 B
Net Debt5.4 B
50 Day M A131.0736
Total Current Liabilities4.8 B
Other Operating Expenses21.1 B
Non Current Assets Total43 B
Forward Price Earnings333.3333
Non Currrent Assets Other1.3 B
Stock Based Compensation596 M

Additional Tools for Micron Stock Analysis

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.