Micron Technology Inc. (MU): Price and Financial Metrics


Micron Technology Inc. (MU): $53.46

-0.50 (-0.92%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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%.
Over the past 33 months, MU's revenue has gone up $8,983,000,000.

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 >

Price chart for MU

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.


MU Latest News Stream


Event/Time News Detail
Loading, please wait...

MU Latest Social Stream


Loading social stream, please wait...

View Full MU Social Stream

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 York

Micron (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.

Kailas Salunkhe on TipRanks | October 4, 2022

Micron Technology: In The Midst Of A Macroeconomic Hurricane

Micron (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...

Long-Term Business Investor on Seeking Alpha | October 3, 2022

Micron: Time To Be Greedy At These Levels - Buy Hand Over Fist

Thesis

Micron 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...

JR Research on Seeking Alpha | October 3, 2022

It’s Not Too Early To Begin Thinking About Earnings Season

Normal 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.

TalkMarkets.com | October 3, 2022

10 Best Machine Learning Stocks To Invest In

In 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 […]

Yahoo | October 3, 2022

Read More 'MU' Stories Here

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
Loading, please wait...
View Full MU Dividend History

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Page generated in 0.5899 seconds.