Micron Technology Inc. (MU): Price and Financial Metrics
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MU POWR Grades
- Value is the dimension where MU ranks best; there it ranks ahead of 93.09% of US stocks.
- The strongest trend for MU is in Sentiment, which has been heading down over the past 179 days.
- MU ranks lowest in Growth; there it ranks in the 2nd percentile.
MU Stock Summary
- MU has a market capitalization of $55,267,569,911 -- more than approximately 96.49% of US stocks.
- MICRON TECHNOLOGY INC's stock had its IPO on May 16, 1989, making it an older stock than 89.46% of US equities in our set.
- Of note is the ratio of MICRON TECHNOLOGY INC's sales and general administrative expense to its total operating expenses; only 10.62% of US stocks have a lower such ratio.
- Stocks with similar financial metrics, market capitalization, and price volatility to MICRON TECHNOLOGY INC are VRTX, MRNA, AMAT, LRCX, and SGEN.
- To dig deeper into the stock's financial statements, go to MU's page on browse-edgar?action=getcompany&CIK=0000723125.
MU Valuation Summary
- MU's price/sales ratio is 1.7; this is 29.17% lower than that of the median Technology stock.
- Over the past 243 months, MU's EV/EBIT ratio has gone up 9.5.
Below are key valuation metrics over time for MU.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| MU | 2022-09-30 | 1.7 | 1.1 | 5.6 | 4.8 |
| MU | 2022-09-29 | 1.7 | 1.1 | 5.6 | 4.8 |
| MU | 2022-09-28 | 1.7 | 1.1 | 5.7 | 4.9 |
| MU | 2022-09-27 | 1.7 | 1.1 | 5.6 | 4.9 |
| MU | 2022-09-26 | 1.7 | 1.1 | 5.4 | 4.7 |
| MU | 2022-09-23 | 1.7 | 1.1 | 5.6 | 4.8 |
MU Growth Metrics
- Its 4 year cash and equivalents growth rate is now at 71.93%.
- Its 5 year cash and equivalents growth rate is now at 71.93%.
- Its 3 year net cashflow from operations growth rate is now at -15.01%.
The table below shows MU's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-06-30 | 32,389 | 15,288 | 9,915 |
| 2022-03-31 | 31,169 | 15,010 | 9,024 |
| 2021-12-31 | 29,619 | 14,439 | 7,364 |
| 2021-09-30 | 27,705 | 12,468 | 5,861 |
| 2021-06-30 | 25,487 | 10,855 | 4,129 |
| 2021-03-31 | 23,503 | 9,318 | 3,197 |
MU's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- MU has a Quality Grade of B, ranking ahead of 82.98% of graded US stocks.
- MU's asset turnover comes in at 0.498 -- ranking 144th of 208 Electronic Equipment stocks.
- SGH, AXTI, and NVDA are the stocks whose asset turnover ratios are most correlated with MU.
The table below shows MU's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-02 | 0.498 | 0.376 | 0.133 |
| 2021-06-03 | 0.469 | 0.337 | 0.098 |
| 2021-03-04 | 0.440 | 0.307 | 0.080 |
| 2020-12-03 | 0.422 | 0.314 | 0.078 |
| 2020-09-03 | 0.418 | 0.306 | 0.074 |
| 2020-05-28 | 0.405 | 0.290 | 0.064 |
MU Price Target
For more insight on analysts targets of MU, see our MU price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $114.55 | Average Broker Recommendation | 1.54 (Moderate Buy) |
MU Stock Price Chart Interactive Chart >
MU Price/Volume Stats
| Current price | $53.46 | 52-week high | $98.45 |
| Prev. close | $53.96 | 52-week low | $48.45 |
| Day low | $53.46 | Volume | 41,665 |
| Day high | $53.46 | Avg. volume | 19,881,020 |
| 50-day MA | $57.16 | Dividend yield | 0.85% |
| 200-day MA | $70.98 | Market Cap | 58.97B |
Micron Technology Inc. (MU) Company Bio
Micron Technology Inc along with its subsidiaries provide memory and storage solutions. Its product portfolio consists of memory and storage technologies such as DRAM, NAND, NOR and 3D XPoint memory. Micron Technology employs more than 40,000 people in 17 countries around the globe, including the United States, China, India, Japan, Korea, Malaysia, Singapore, Taiwan, Belgium, Germany, Italy, United Kingdom, and Israel. Micron’s products are used in a variety of end markets, including 5G communications and mobile, automotive, server and networking, and consumer industries. The company is headquartered in the United States and Sanjay Mehrotra serves as Chief Executive Officer.
Latest MU News From Around the Web
Below are the latest news stories about MICRON TECHNOLOGY INC that investors may wish to consider to help them evaluate MU as an investment opportunity.
Micron to Set up $100B Chip Unit in New YorkMicron (NASDAQ:MU) is setting up a chipmaking unit in New York for about $100 billion, reports the New York Times. The significant development comes fresh on the heels of Intel planning a chipmaking unit in Ohio and the passage of the CHIPS Act. |
Micron Technology: In The Midst Of A Macroeconomic HurricaneMicron (NASDAQ:MU) manufactures semiconductor memory devices. These devices are commodity-like and as such MU’s ASP, revenues, gross margin “GM”, profitability and cash flow are subject to the supply demand balance in the market. The demand for memory devices is declining rapidly as a result of macroeconomic headwinds. In this article, I will share my thesis that the headwinds are getting stronger and hence demand decline will accelerate. In addition, I believe that the stock market will decline further as a result of these same headwinds, dragging MU’s share price down by at least 20% from current leve... |
Micron: Time To Be Greedy At These Levels - Buy Hand Over FistThesisMicron Technology, Inc.'s (MU) underwhelming performance, followed by guidance that suggested a 50% cut in capital spending, didn't surprise us. Readers who have followed our articles over the past few months would have known that we repeatedly reiterated that Mi... |
It’s Not Too Early To Begin Thinking About Earnings SeasonNormal people might begin thinking about fall foliage, apple cider, pumpkins, and sweaters, but investors and options traders alike need to begin considering how this month’s earnings season might affect their strategies. |
10 Best Machine Learning Stocks To Invest InIn this article, we will discuss the 10 best machine learning stocks to invest in. If you want to explore similar stocks, you can also take a look at 5 Best Machine Learning Stocks To Invest In. The Global Machine Learning Industry According to an industry analysis report by Fortune Business Insights, the global machine […] |
MU Price Returns
| 1-mo | N/A |
| 3-mo | -8.98% |
| 6-mo | -25.75% |
| 1-year | -23.84% |
| 3-year | 20.70% |
| 5-year | 35.54% |
| YTD | -42.42% |
| 2021 | 24.21% |
| 2020 | 39.79% |
| 2019 | 69.49% |
| 2018 | -22.84% |
| 2017 | 87.59% |
MU Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching MU
Want to do more research on Micron Technology Inc's stock and its price? Try the links below:Micron Technology Inc (MU) Stock Price | Nasdaq
Micron Technology Inc (MU) Stock Quote, History and News - Yahoo Finance
Micron Technology Inc (MU) Stock Price and Basic Information | MarketWatch
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