Micron Technology/MU
$125.29
-1.79%-
1D1W1MYTD1YMAX
About Micron Technology
Micron Technology, Inc. is a provider of memory and storage solutions. The Company offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company’s segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment includes memory and storage products sold into smartphone and other mobile-device markets. The EBU segment includes memory and storage products and solutions sold into automotive, industrial, and consumer markets. The SBU segment includes SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. It sells its products into various markets through its business units in numerous forms.
Ticker
MU
Sector
Technology
Trading on
NASDAQ
Industry
Semiconductors
CEO
Sanjay Mehrotra
Employees
43,000
Headquarters
Boise, United States
Website
www.micron.com
MU Metrics
BasicAdvanced
$139B
Market cap
-
P/E ratio
-$3.45
EPS
1.21
Beta
$0.46
Dividend rate
0.37%
Dividend yield
Price and volume
Market cap
$139B
Beta
1.21213
52-week high
$130.54
52-week low
$60.50
Average daily volume
23M
Dividend rate
$0.46
Financial strength
Current ratio
3.744
Quick ratio
2.395
Long term debt to equity
30.495
Total debt to equity
31.279
Interest coverage (TTM)
-99.03%
Management effectiveness
Return on assets (TTM)
-5.69%
Return on equity (TTM)
-8.27%
Return on investment (TTM)
-6.23%
Valuation
Price to revenue (TTM)
7.577
Price to book
3.162
Price to tangible book (TTM)
3.279
Dividend yield (TTM)
0.37%
Forward dividend yield
0.37%
Growth
Revenue change (TTM)
-20.6%
Earnings per share change (TTM)
-347.64%
3-year revenue growth
-10.17%
What the Analysts think about MU
Analyst Ratings
Majority rating from 37 analysts.
Price Targets
Average projection from 30 analysts.
High $240.78
Low $105.00
$125.29
Current price
$143.58
Average price target
MU Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$5.8B
23.23%
Net income
$793M
-164.26%
Profit margin
13.61%
-152.13%
MU Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
-$1.43
-$1.07
-$0.95
$0.42
-
Expected
-$1.58
-$1.18
-$0.97
-$0.25
$0.48
Surprise
-9.74%
-9.31%
-2.33%
-270.27%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
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FAQs
What’s the current market cap for Micron Technology stock?
Micron Technology (MU) has a market cap of $139B as of May 20, 2024.
What is the P/E ratio for Micron Technology stock?
The price to earnings (P/E) ratio for Micron Technology (MU) stock is 0 as of May 20, 2024.
Does Micron Technology stock pay dividends?
Yes, the Micron Technology (MU) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $0.46 and the yield is 0.37%. Micron Technology has a payout ratio of 0% on a trailing twelve-month basis.
When is the next Micron Technology dividend payment date?
The next Micron Technology (MU) dividend payment date is unconfirmed.
What is the beta indicator for Micron Technology?
Micron Technology (MU) has a beta rating of 1.21. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
What is the Micron Technology stock price target?
The target price for Micron Technology (MU) stock is $143.58, which is 14.6% above the current price of $125.29. This is an average based on projections from 30 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.
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