Micron Stock Analysis

MU -  USA Stock  

USD 81.97  2.70  3.41%

The newest bullish price patterns experienced by current Micron Technology shareholders may encourage private investors to take a closer look at the firm as it is trading at a share price of 81.97 on 20,215,207 in trading volume. The company executives have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.76. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Micron Technology unsystematic, company-specific events.
Additionally, see Stocks Correlation.

Micron Stock Analysis 

 
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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 80.0% of the company shares are owned by institutional investors. The book value of Micron Technology was now reported as 41.03. The company has Price/Earnings To Growth (PEG) ratio of 0.45. Micron Technology recorded earning per share (EPS) of 6.46. The entity next dividend is scheduled to be issued on the 31st of December 2021. 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 43000 people. To find out more about Micron Technology contact Mark Durcan at 208 368-4000 or learn more at www.micron.com.

Micron Technology Quarterly Cost of Revenue

4.12 BillionShare

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.
Over 80.0% of the company shares are owned by institutional investors
Latest headline from www.scmp.com: Micron to move DRAM design out of China over talent loss concerns - South China Morning Post

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 Earnings 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 Earning Announcement28th of February 2021

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
2001-03-29
2001-02-28-0.02-0.010.0150 
1996-12-16
1996-11-300.030.040.0133 
2016-06-30
2016-05-31-0.097-0.080.01717 
View All Earnings Estimates

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.
18th of January 2022
Submission of Matters to a Vote of Security Holders
View
10th of January 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
20th of December 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
1st of November 2021
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
View
19th of October 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View
28th of September 2021
Results of Operations and Financial Condition
View
2nd of August 2021
Other Events
View
30th of June 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
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.
Trump Equities IdeaTrump Equities
Companies that have responded positively to Trump presidency
Electronic Equipment IdeaElectronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French
Technology IdeaTechnology
Research or development of technologically based good
Semiconductor IdeaSemiconductor
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
Van Eck Associates CorpCommon Shares4.2 M394.5 M
Russell Investments Group LtdCommon Shares2.9 M274.6 M
Strs OhioCommon Shares1.8 M171 M
Dnb Asset Management AsCommon Shares1.8 M164.2 M
Pendal Group LtdCommon Shares1.7 M157.2 M
New York State Teachers Retirement SystemCommon Shares1.3 M120.2 M
Atalanta Sosnoff Capital LlcCommon Shares1.1 M97.8 M
National Bank Of CanadaPut Options4.2 K39.6 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 91.82 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 24.86 %, 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 50.61 %, which signifies that for every $100 of sales, it has a net operating income of 0.51.
Last ReportedProjected for 2022
Return on Investment 22.60  24.38 
Return on Average Assets 0.16  0.14 
Return on Average Equity 0.33  0.27 
Return on Invested Capital 0.18  0.17 
Return on Sales 0.29  0.26 

Management Efficiency

The entity has Return on Asset (ROA) of 9.34 % which means that for every $100 of asset, it generated profit of $9.34. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 17.16 %, which means that it produced $17.16 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. Return on Investment is likely to gain to 24.38 in 2022, whereas Return on Average Assets are likely to drop 0.14 in 2022. Current Liabilities is likely to gain to about 5.6 B in 2022, whereas Total Liabilities is likely to drop slightly above 14.9 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 17.10  20.07 
Enterprise Value over EBIT 7.00  7.18 
Enterprise Value over EBITDA 4.47  5.17 
Price to Book Value 1.91  1.93 
Tangible Assets Book Value per Share 30.96  33.33 
Enterprise Value43.2 B43.6 B
Tangible Asset Value33.7 B36.3 B

Technical Drivers

As of the 29th of January, Micron Technology secures the Risk Adjusted Performance of 0.0854, downside deviation of 2.56, and Mean Deviation of 1.98. 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 81.97 per share. Given that Micron Technology has jensen alpha of 0.3137, 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 seven with a total number of output elements of fifty-four. The Mid-point Price over period is an average of Micron Technology highest and lowest prices attained during the given period. View also all equity analysis or get more info about midpoint price over period overlap studies indicator.

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.

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 Technical and Predictive Indicators

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 stock 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 stock is reacting to, or reflecting on a current stock 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 2022
Operating Margin 28.77  31.04 
EBITDA Margin 0.48  0.48 
Gross Margin 0.41  0.40 
Profit Margin 0.25  0.22 
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 43000 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 Ratio2.28
Trailing Annual Dividend Rate0.10
Fifty Two Week Low65.67
Revenue Growth33.20%
Payout Ratio1.55%
Average Daily Volume Last 10 Day21.55M
Shares Short Prior Month21.77M
Average Daily Volume In Three Month20.08M
Earnings Growth187.30%
Shares Percent Shares Out2.14%
Earnings Quarterly Growth187.20%
Gross Margins41.53%
Forward Price Earnings7.12
Short Percent Of Float2.15%
Float Shares1.12B
Fifty Two Week High98.45
Fifty Day Average87.26
Enterprise Value To Ebitda7.06
Two Hundred Day Average79.64
Enterprise Value To Revenue3.57
Trailing Annual Dividend Yield0.12%
Additionally, see Stocks Correlation. Note that the Micron Technology information on this page should be used as a complementary analysis to other Micron Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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.
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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.