Micron Stock Analysis

MU
 Stock
  

USD 50.58  1.70  3.48%   

Micron Technology price drop over the last few months may encourage private investors to take a closer look at the firm as it is trading at a share price of 50.58 on 17,097,747 in trading volume. The company directors and management were not very successful in positioning the firm resources to exploit market volatility in August. However, diversifying your holdings with Micron Technology or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.61. The current volatility is consistent with the ongoing market swings in August 2022 as well as with Micron Technology unsystematic, company-specific events.
Additionally, see Correlation Analysis.
  
The Micron Technology stock analysis report makes it easy to digest most publicly released information about Micron Technology and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Micron Stock analysis module also helps to analyze the Micron Technology price relationship with some important fundamental indicators such as market cap and management efficiency.

Micron Stock Analysis Notes

About 83.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.38. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Micron Technology has Price/Earnings To Growth (PEG) ratio of 0.69. The entity last dividend was issued on the 8th of July 2022. The firm had 2:1 split on the 2nd of May 2000. Micron Technology, Inc. designs, 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 45000 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

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Micron Technology's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Micron Technology or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Micron Technology generated a negative expected return over the last 90 days
Over 83.0% of the company shares are owned by institutional investors
Latest headline from stocknews.com: MU Can This Chip Stock Take on NVIDIA - StockNews.com

Micron Technology Upcoming and Recent Events

Earnings reports are used by Micron Technology to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Micron Technology previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report30th of March 2022
Next Financial Report29th of June 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End27th of September 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

Micron Technology SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Micron Technology prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Micron Technology investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Micron Technology specific information freely available to individual and institutional investors to make a timely investment decision.
9th of August 2022
Regulation FD Disclosure
View
30th of June 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of May 2022
Other Events
View
8th of April 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
29th of March 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
11th of March 2022
Unclassified Corporate Event
View
10th of February 2022
Unclassified Corporate Event
View
8th of February 2022
Unclassified Corporate Event
View

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.
Technology
Research or development of technologically based good
Trump Equities
Companies that have responded positively to Trump presidency
Semiconductor
Semiconductor materials and production

Micron Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Micron Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Micron Technology backward and forwards among themselves. Micron Technology's institutional investor refers to the entity that pools money to purchase Micron Technology's securities or originate loans. 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.
Security TypeSharesValue
Vanguard Group IncCommon Shares91.4 M5.1 B
Blackrock IncCommon Shares84.8 M4.7 B
State Street CorpCommon Shares45.3 M2.5 B
Sanders Capital LlcCommon Shares41.9 M2.3 B
Primecap Management CoCommon Shares40.4 M2.2 B
Capital Research Global InvestorsCommon Shares38 M2.1 B
Capital World InvestorsCommon Shares36.4 MB
Citadel Advisors LlcPut Options9.3 M515.6 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 'Large-Cap' category with market capitalization of 56.12 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 these looking for more risk prefer small-cap and mid-cap equities.

Micron Profitablity

Micron Technology's profitability indicators refer to fundamental financial ratios that showcase Micron Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Micron Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Micron Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Micron Technology's profitability requires more research than a typical breakdown of Micron Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 30.61 %, which may suggest that it has sound control over its expenditures, executes well on its competitive polices, or have a solid pricing strategies. This is very large. Likewise, it shows Net Operating Margin (NOM) of 55.67 %, which signifies that for every $100 of sales, it has a net operating income of 0.56.

Management Efficiency

The entity has Return on Asset (ROA) of 11.52 % which means that for every $100 of asset, it generated profit of $11.52. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 21.66 %, which means that it produced $21.66 on every 100 dollars invested by current stockholders. Micron Technology 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.

Technical Drivers

As of the 27th of September, Micron Technology secures the mean deviation of 2.03, and Risk Adjusted Performance of (0.07). 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 50.58 per share. Given that Micron Technology has jensen alpha of (0.08), 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

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Micron Technology price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
.

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.
Michael Bokan over a month ago via Macroaxis 
Exercise or conversion by Michael Bokan of 16600 shares of Micron Technology subject to Rule 16b-3
Beard Robert P over two months ago via Macroaxis 
Exercise or conversion by Beard Robert P of tradable shares of Micron Technology subject to Rule 16b-3
Murphy Mark J over three months ago via Macroaxis 
Acquisition by Murphy Mark J of 7789 shares of Micron Technology subject to Rule 16b-3
Beard Robert P over six months ago via Macroaxis 
Exercise or conversion by Beard Robert P of 582 shares of Micron Technology subject to Rule 16b-3
Sanjay Mehrotra over six months ago via Macroaxis 
Bona fide gift to Sanjay Mehrotra of 170000 shares of Micron Technology subject to Section 16
Beard Robert P over six months ago via Macroaxis 
Sale by Beard Robert P of 266 shares of Micron Technology
Beard Robert P over six months ago via Macroaxis 
Micron Technology exotic insider transaction detected
Sanjay Mehrotra over six months ago via Macroaxis 
Exercise or conversion by Sanjay Mehrotra of 100000 shares of Micron Technology subject to Rule 16b-3
Michael Bokan over six months ago via Macroaxis 
Micron Technology exotic insider transaction detected
Joel Poppen over six months ago via Macroaxis 
Payment of 2733 shares by Joel Poppen of Micron Technology subject to Rule 16b-3
Beard Robert P over six months ago via Macroaxis 
Micron Technology exotic insider transaction detected
Scott DeBoer over six months ago via Macroaxis 
Sale by Scott DeBoer of 15000 shares of Micron Technology

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 Forecast Models

Micron Technology time-series forecasting models is one of many Micron Technology's stock analysis techniquest aimed to predict 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.
Micron Technology, Inc. designs, 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 45000 people.

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
109.26Buy23Odds
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.
Quick Ratio2.35
Trailing Annual Dividend Rate0.10
Fifty Two Week Low48.45
Revenue Growth16.40%
Payout Ratio3.42%
Average Daily Volume Last 10 Day20.92M
Shares Short Prior Month29.77M
Average Daily Volume In Three Month17.14M
Earnings Growth53.90%
Shares Percent Shares Out3.09%
Earnings Quarterly Growth51.40%
Gross Margins46.89%
Forward Price Earnings7.85
Short Percent Of Float3.09%
Float Shares1.1B
Fifty Two Week High98.45
Fifty Day Average58.81
Enterprise Value To Ebitda3.64
Two Hundred Day Average72.31
Enterprise Value To Revenue2.03
Trailing Annual Dividend Yield0.20%
Additionally, see Correlation Analysis. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for analysis

When running Micron Technology 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 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.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
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 Micron Technology value 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.