Micron Technology Stock Today

MU Stock  USD 102.91  0.77  0.75%   

Performance

0 of 100

 
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Odds Of Distress

Less than 13

 
High
 
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Low
Micron Technology is selling for under 102.91 as of the 7th of October 2024; that is 0.75 percent increase since the beginning of the trading day. The stock's last reported lowest price was 100.81. Micron Technology has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Micron Technology's common stock.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
1st of June 1984
Category
Technology
Classification
Information Technology
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. The company has 1.11 B outstanding shares of which 36.95 M shares are now sold short in the market by investors with about 1.76 days to cover all shorted shares. More on Micron Technology

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Micron Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorSanjay Mehrotra
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, Philadelphia Semiconductor Index, Nasdaq CTA Artificial, SP 500 Index, NASDAQ 100 Technology, Nasdaq 100, ARCA Computer Technology, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Semiconductor, Electronic Equipment, Technology, Trump Equities, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.240.3617
Way Down
Slightly volatile
Total Current Liabilities9.7 B9.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total15.8 B15 B
Sufficiently Up
Slightly volatile
Total Assets72.9 B69.4 B
Sufficiently Up
Slightly volatile
Total Current Assets25.6 B24.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.7 B1.8 B
Notably Down
Pretty Stable
Debt Levels
Micron Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Micron Technology's financial leverage. It provides some insight into what part of Micron Technology's total assets is financed by creditors.
Liquidity
Micron Technology reports 13.58 B of total liabilities with total debt to equity ratio (D/E) of 0.15, which may suggest the company is not taking enough advantage from financial leverage. Micron Technology has a current ratio of 2.83, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Micron to invest in growth at high rates of return.

Capital Expenditures

9.27 Billion
Micron Technology (MU) is traded on NASDAQ Exchange in USA. It is located in 8000 South Federal Way, Boise, ID, United States, 83716-9632 and employs 14 people. Micron Technology is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 113.38 B. Micron Technology is active under Semiconductors & Semiconductor Equipment sector as part of Information Technology industry. The entity has 1.11 B outstanding shares of which 36.95 M shares are now sold short in the market by investors with about 1.76 days to cover all shorted shares. Micron Technology reports about 9.33 B in cash with 1.56 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.58.
Check Micron Technology Probability Of Bankruptcy
Ownership Allocation
Micron Technology maintains a total of 1.11 Billion outstanding shares. The majority of Micron Technology outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Micron Technology to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Micron Technology. Please pay attention to any change in the institutional holdings of Micron Technology as this could imply that something significant has changed or is about to change at the company. Please note that on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Micron Technology's common stock.
Check Micron Ownership Details

Micron Stock Institutional Holders

InstituionRecorded OnShares
T. Rowe Price Associates, Inc.2024-06-30
12.9 M
Norges Bank2024-06-30
11.7 M
Amvescap Plc.2024-06-30
10.2 M
Bank Of New York Mellon Corp2024-06-30
10.1 M
Wellington Management Company Llp2024-06-30
10.1 M
Northern Trust Corp2024-06-30
9.8 M
Bank Of America Corp2024-06-30
9.4 M
Ubs Asset Mgmt Americas Inc2024-06-30
9.3 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2024-06-30
8.9 M
Vanguard Group Inc2024-06-30
97.7 M
Blackrock Inc2024-06-30
91.8 M
View Micron Technology Diagnostics

Micron Technology Historical Income Statement

At this time, Micron Technology's Research Development is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 92.1 M in 2024, whereas EBITDA is likely to drop slightly above 1.2 B in 2024. View More Fundamentals

Micron Stock Against Markets

Micron Technology Corporate Management

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.