Micron Technology Company Profile (NASDAQ:MU)

About Micron Technology (MU)

Micron Technology logoMicron Technology, Inc. is engaged in semiconductor systems. The Company's portfolio of memory technologies, including dynamic random-access memory (DRAM), negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. Its business segments include Compute and Networking Business Unit (CNBU), which includes memory products sold into compute, networking, graphics and cloud server markets; Mobile Business Unit (MBU), which includes memory products sold into smartphone, tablet and other mobile-device markets; Storage Business Unit (SBU), which includes memory products sold into enterprise, client, cloud and removable storage markets, and SBU also includes products sold to Intel through its Intel/Micron Flash Technology (IMFT) joint venture, and Embedded Business Unit (EBU), which includes memory products sold into automotive, industrial, connected home and consumer electronics markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor- Memory Chips
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: MU
  • CUSIP: 59511210
Key Metrics:
  • Previous Close: $26.57
  • 50 Day Moving Average: $27.03
  • 200 Day Moving Average: $22.23
  • 52-Week Range: $9.35 - $29.87
  • Trailing P/E Ratio: 41.39
  • Foreward P/E Ratio: 5.17
  • P/E Growth: 6.53
  • Market Cap: $29.39B
  • Outstanding Shares: 1,106,307,000
  • Beta: 1.93
Profitability:
  • Net Margins: -2.32%
  • Return on Equity: 0.81%
  • Return on Assets: 0.40%
Debt:
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 1.71%
  • Quick Ratio: 1.22%

Analyst Ratings

Consensus Ratings for Micron Technology (NASDAQ:MU) (?)
Ratings Breakdown: 2 Hold Ratings, 29 Buy Ratings
Consensus Rating:Buy (Score: 2.94)
Consensus Price Target: $31.39 (18.15% upside)

Analysts' Ratings History for Micron Technology (NASDAQ:MU)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/6/2017Pacific CrestReiterated RatingSector PerformMediumView Rating Details
4/6/2017Cowen and CompanyReiterated RatingOutperform$34.00MediumView Rating Details
3/30/2017MacquarieInitiated CoverageOutperform -> Outperform$35.00LowView Rating Details
3/28/2017Loop CapitalReiterated RatingBuy$30.00 -> $35.00LowView Rating Details
3/28/2017MKM PartnersReiterated RatingBuy$34.00 -> $38.00LowView Rating Details
3/27/2017Susquehanna Bancshares IncReiterated RatingPositive$31.00 -> $35.00LowView Rating Details
3/27/2017Standpoint ResearchBoost Price TargetBuy -> Buy$32.00 -> $36.00MediumView Rating Details
3/24/2017Wells Fargo & CoReiterated RatingOutperform$35.00HighView Rating Details
3/24/2017Barclays PLCBoost Price TargetOverweight$26.00 -> $35.00HighView Rating Details
3/24/2017Goldman Sachs Group IncBoost Price TargetBuy$30.00 -> $32.00HighView Rating Details
3/24/2017MizuhoBoost Price TargetBuy$30.00 -> $35.00HighView Rating Details
3/24/2017Robert W. BairdBoost Price TargetOutperform$35.00 -> $40.00HighView Rating Details
3/24/2017InstinetBoost Price Target$40.00HighView Rating Details
3/24/2017Deutsche Bank AGBoost Price TargetBuy$30.00 -> $35.00HighView Rating Details
3/22/2017Credit Suisse Group AGBoost Price TargetOutperform$30.00 -> $35.00MediumView Rating Details
3/21/2017Rosenblatt SecuritiesReiterated RatingBuy$34.00 -> $40.00MediumView Rating Details
3/2/2017Stifel NicolausBoost Price TargetBuy$34.00 -> $40.00N/AView Rating Details
2/27/2017Citigroup IncBoost Price TargetBuy$30.00 -> $35.00N/AView Rating Details
2/9/2017Bank of America CorpUpgradeUnderperform -> BuyN/AView Rating Details
2/3/2017Morgan StanleyBoost Price TargetOverweight$25.00 -> $32.00N/AView Rating Details
2/2/2017Needham & Company LLCReiterated RatingBuy$33.00N/AView Rating Details
12/31/2016ArgusBoost Price TargetBuy$22.00 -> $28.00N/AView Rating Details
12/30/2016Brean CapitalReiterated RatingBuyN/AView Rating Details
12/22/2016Cross ResearchUpgradeHold -> BuyN/AView Rating Details
12/21/2016Summit RedstoneUpgradeSell -> Buy$8.00 -> $26.00N/AView Rating Details
11/30/2016NomuraBoost Price TargetBuy$23.00 -> $25.00N/AView Rating Details
9/26/2016Sanford C. BernsteinReiterated RatingNeutral$18.00N/AView Rating Details
9/16/2016Cleveland ResearchUpgradeNeutral -> BuyN/AView Rating Details
6/29/2016JPMorgan Chase & Co.Reiterated RatingBuy$15.00N/AView Rating Details
6/9/2016Sterne Agee CRTReiterated RatingPositive$18.00N/AView Rating Details
6/8/2016Evercore ISIReiterated RatingBuyN/AView Rating Details
4/15/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$14.00 -> $17.00N/AView Rating Details
4/1/2016Summit ResearchReiterated RatingBuy$14.00N/AView Rating Details
3/31/2016Topeka Capital MarketsLower Price TargetBuy$16.00 -> $13.00N/AView Rating Details
3/24/2016WedbushReiterated RatingNeutral$11.50 -> $10.50N/AView Rating Details
1/3/2016KeyCorpReiterated RatingBuyN/AView Rating Details
12/29/2015JMP SecuritiesReiterated RatingBuyN/AView Rating Details
12/15/2015Maxim GroupReiterated RatingBuy$18.00 -> $15.00N/AView Rating Details
10/14/2015Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
10/2/2015Piper Jaffray CompaniesReiterated RatingOverweight$23.00 -> $22.00N/AView Rating Details
8/7/2015Drexel HamiltonDowngradeBuy -> Hold$25.00 -> $19.00N/AView Rating Details
6/26/2015Roth CapitalLower Price TargetBuy$40.00 -> $33.00N/AView Rating Details
(Data available from 4/24/2015 forward)

Earnings

Earnings History for Micron Technology (NASDAQ:MU)
Earnings by Quarter for Micron Technology (NASDAQ:MU)
Earnings History by Quarter for Micron Technology (NASDAQ:MU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/28/2017        
3/23/2017Q2 2017$0.84$0.90$4.65 billion$4.65 billionViewN/AView Earnings Details
12/21/2016Q117$0.28$0.32$3.92 billion$3.97 billionViewN/AView Earnings Details
10/4/2016Q416($0.10)($0.05)$3.13 billion$3.22 billionViewN/AView Earnings Details
6/30/2016Q3($0.09)($0.08)$2.95 billion$2.90 billionViewListenView Earnings Details
3/30/2016Q216($0.09)($0.05)$3.22 billion$2.93 billionViewListenView Earnings Details
12/22/2015Q116$0.23$0.24$3.49 billion$3.35 billionViewListenView Earnings Details
10/1/2015Q415$0.32$0.37$3.60 billionViewListenView Earnings Details
6/25/2015Q315$0.57$0.54$3.94 billion$3.85 billionViewListenView Earnings Details
4/1/2015Q215$0.77$0.81$4.16 billion$4.17 billionViewN/AView Earnings Details
1/6/2015Q115$0.92$0.97$4.62 billion$4.57 billionViewN/AView Earnings Details
9/25/2014Q414$0.81$0.82$4.17 billion$4.23 billionViewN/AView Earnings Details
6/23/2014Q314$0.70$0.79$3.89 billion$3.98 billionViewN/AView Earnings Details
4/3/2014Q214$0.74$0.85$3.98 billion$4.11 billionViewN/AView Earnings Details
10/10/2013Q313$0.24$1.51$2.70 billion$2.84 billionViewN/AView Earnings Details
6/19/2013Q3 2013$0.02$0.04$2.24 billion$2.32 billionViewN/AView Earnings Details
3/21/2013Q2 2013($0.20)($0.28)$1.92 billion$2.08 billionViewN/AView Earnings Details
12/20/2012Q1 2013($0.20)($0.27)$2.02 million$1.83 billionViewN/AView Earnings Details
9/27/2012Q412($0.22)($0.24)$2.13 billion$1.96 billionViewN/AView Earnings Details
6/20/2012($0.20)($0.32)ViewN/AView Earnings Details
3/22/2012($0.20)($0.23)ViewN/AView Earnings Details
12/21/2011($0.10)($0.19)ViewN/AView Earnings Details
9/29/2011($0.14)ViewN/AView Earnings Details
6/23/2011$0.17$0.07ViewN/AView Earnings Details
3/23/2011$0.03$0.07ViewN/AView Earnings Details
12/22/2010$0.28$0.15$2.37 billion$2.30 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Micron Technology (NASDAQ:MU)
Current Year EPS Consensus Estimate: $4.28 EPS
Next Year EPS Consensus Estimate: $5.14 EPS

Dividends

Dividend History for Micron Technology (NASDAQ:MU)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Micron Technology (NASDAQ:MU)
Insider Ownership Percentage: 0.69%
Institutional Ownership Percentage: 81.43%
Insider Trades by Quarter for Micron Technology (NASDAQ:MU)
Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)
Insider Trades by Quarter for Micron Technology (NASDAQ:MU)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/3/2017April S ArnzenVPSell1,000$28.95$28,950.00View SEC Filing  
3/30/2017April S ArnzenVPSell10,638$28.95$307,970.10View SEC Filing  
3/29/2017Steven L Thorsen JrVPSell50,000$28.46$1,423,000.00View SEC Filing  
3/28/2017Brian ShirleyVPSell88,000$28.67$2,522,960.00View SEC Filing  
3/27/2017Scott J DeboerVPSell51,500$28.80$1,483,200.00View SEC Filing  
2/15/2017Brian ShirleyVPSell27,250$23.12$630,020.00View SEC Filing  
2/9/2017Steven L Thorsen JrVPSell126,000$24.64$3,104,640.00View SEC Filing  
1/6/2017Brian ShirleyVPSell90,580$22.09$2,000,912.20View SEC Filing  
12/22/2016Scott J DeboerVPSell48,780$23.00$1,121,940.00View SEC Filing  
10/25/2016Steven L Thorsen JrVPSell63,000$17.58$1,107,540.00View SEC Filing  
10/6/2016April S ArnzenVPSell11,424$17.72$202,433.28View SEC Filing  
10/4/2016Brian ShirleyVPSell90,014$17.84$1,605,849.76View SEC Filing  
8/29/2016Scott J DeboerVPSell31,500$17.05$537,075.00View SEC Filing  
7/5/2016Brian ShirleyVPSell48,750$12.37$603,037.50View SEC Filing  
1/21/2016Ernest E MaddockCFOBuy10,000$10.69$106,900.00View SEC Filing  
1/15/2016Joel L. PoppeninsiderSell47,685$11.10$529,303.50View SEC Filing  
12/24/2015Ernest E MaddockCFOBuy10,000$14.32$143,200.00View SEC Filing  
7/17/2015Robert L BaileyDirectorSell4,000$20.00$80,000.00View SEC Filing  
7/9/2015Ernest E MaddockCFOBuy5,000$17.50$87,500.00View SEC Filing  
5/1/2015Robert L BaileyDirectorSell4,000$28.93$115,720.00View SEC Filing  
4/22/2015Brian ShirleyVPSell64,750$29.00$1,877,750.00View SEC Filing  
4/20/2015Brian ShirleyVPSell25,000$28.08$702,000.00View SEC Filing  
4/16/2015Mercedes JohnsonDirectorSell18,250$27.92$509,540.00View SEC Filing  
4/1/2015Robert L BaileyDirectorSell4,000$27.14$108,560.00View SEC Filing  
3/2/2015Robert L BaileyDirectorSell4,000$31.20$124,800.00View SEC Filing  
2/18/2015Ronald C FosterCFOSell100,000$32.56$3,256,000.00View SEC Filing  
2/5/2015Mark AdamsPresidentSell35,500$29.31$1,040,505.00View SEC Filing  
1/20/2015Brian ShirleyVPSell73,750$29.82$2,199,225.00View SEC Filing  
1/16/2015Mercedes JohnsonDirectorSell18,250$29.12$531,440.00View SEC Filing  
1/2/2015Robert L BaileyDirectorSell2,000$34.76$69,520.00View SEC Filing  
12/9/2014Ronald C FosterCFOSell20,000$35.38$707,600.00View SEC Filing  
11/3/2014Robert L BaileyDirectorSell2,000$33.64$67,280.00View SEC Filing  
10/28/2014Steven L Thorsen JrVPSell91,250$32.48$2,963,800.00View SEC Filing  
10/14/2014Ronald C FosterCFOSell20,000$27.66$553,200.00View SEC Filing  
10/13/2014Scott J DeboerVPSell68,000$27.00$1,836,000.00View SEC Filing  
10/3/2014Brian ShirleyVPSell30,000$34.06$1,021,800.00View SEC Filing  
10/1/2014Robert L BaileyDirectorSell2,000$33.62$67,240.00View SEC Filing  
9/30/2014Ronald C FosterCFOSell50,000$34.41$1,720,500.00View SEC Filing  
9/29/2014Mark AdamsPresidentSell63,000$34.48$2,172,240.00View SEC Filing  
9/10/2014Ronald C FosterCFOSell20,000$31.89$637,800.00View SEC Filing  
9/2/2014Robert L BaileyDirectorSell2,000$31.91$63,820.00View SEC Filing  
8/12/2014Steven L Thorsen JrVPSell68,750$30.38$2,088,625.00View SEC Filing  
8/11/2014Ronald C FosterCFOSell20,000$30.68$613,600.00View SEC Filing  
8/1/2014Robert L BaileyDirectorSell2,000$31.01$62,020.00View SEC Filing  
7/16/2014Mercedes JohnsonDirectorSell18,250$34.42$628,165.00View SEC Filing  
7/9/2014Ronald C FosterCFOSell20,000$32.57$651,400.00View SEC Filing  
7/8/2014Thomas T EbyVPSell39,500$32.48$1,282,960.00View SEC Filing  
7/2/2014Brian ShirleyVPSell64,750$34.06$2,205,385.00View SEC Filing  
7/1/2014Joel L PoppenInsiderSell60,000$33.99$2,039,400.00View SEC Filing  
7/1/2014Robert L BaileyDirectorSell2,000$33.78$67,560.00View SEC Filing  
6/25/2014Mark AdamsPresidentSell100,000$32.11$3,211,000.00View SEC Filing  
6/10/2014Ronald C FosterCFOSell20,000$29.26$585,200.00View SEC Filing  
6/5/2014Lawrence N MondryDirectorSell10,000$29.10$291,000.00View SEC Filing  
6/2/2014Dermot Mark DurcanCEOSell200,000$28.42$5,684,000.00View SEC Filing  
6/2/2014Robert L BaileyDirectorSell2,000$28.50$57,000.00View SEC Filing  
5/13/2014Robert SwitzDirectorSell25,000$27.56$689,000.00View SEC Filing  
5/5/2014Lawrence MondryDirectorSell10,000$26.25$262,500.00View SEC Filing  
5/1/2014Robert BaileyDirectorSell2,000$26.40$52,800.00View SEC Filing  
4/23/2014Mark AdamsPresidentSell59,249$26.07$1,544,621.43View SEC Filing  
4/23/2014Michael SadlerVPSell133,000$26.23$3,488,590.00View SEC Filing  
4/23/2014Ronald FosterCFOSell20,000$26.26$525,200.00View SEC Filing  
4/22/2014Michael RayfieldVPSell15,000$26.10$391,500.00View SEC Filing  
4/21/2014Scott DeboerVPSell31,500$24.97$786,555.00View SEC Filing  
4/16/2014Scott DeboerVPSell25,000$22.51$562,750.00View SEC Filing  
4/15/2014Dermot Mark DurcanCEOSell200,000$21.90$4,380,000.00View SEC Filing  
4/9/2014Mark AdamsPresidentSell189,000$22.31$4,216,590.00View SEC Filing  
4/9/2014Ronald FosterCFOSell20,000$22.58$451,600.00View SEC Filing  
4/8/2014Patrick ByrneDirectorSell10,000$22.08$220,800.00View SEC Filing  
4/7/2014Lawrence MondryDirectorSell10,000$22.43$224,300.00View SEC Filing  
4/1/2014Mercedes JohnsonDirectorSell8,000$23.87$190,960.00View SEC Filing  
3/5/2014Lawrence MondryDirectorSell10,000$25.08$250,800.00View SEC Filing  
3/3/2014Robert BaileyDirectorSell2,000$24.36$48,720.00View SEC Filing  
2/11/2014Ronald FosterCFOSell20,000$24.80$496,000.00View SEC Filing  
2/11/2014Scott DeboerVPSell3,200$24.60$78,720.00View SEC Filing  
2/5/2014Lawrence MondryDirectorSell10,000$23.22$232,200.00View SEC Filing  
2/3/2014Robert BaileyDirectorSell2,000$23.06$46,120.00View SEC Filing  
1/16/2014Robert SwitzDirectorSell30,000$23.03$690,900.00View SEC Filing  
1/16/2014Steven Thorsen, Jr.VPSell60,000$23.02$1,381,200.00View SEC Filing  
1/15/2014Joel PoppenInsiderSell37,000$23.63$874,310.00View SEC Filing  
1/14/2014Brian ShirleyVPSell147,500$23.58$3,478,050.00View SEC Filing  
1/10/2014Brian ShieldsVPSell240,000$23.44$5,625,600.00View SEC Filing  
1/10/2014Lawrence MondryDirectorSell30,000$23.50$705,000.00View SEC Filing  
1/10/2014Ronald FosterCFOSell215,000$23.59$5,071,850.00View SEC Filing  
1/9/2014Mark AdamsPresidentSell168,492$23.41$3,944,397.72View SEC Filing  
11/21/2013Scott DeboerVPSell165,250$20.00$3,305,000.00View SEC Filing  
11/12/2013Brian ShirleyVPSell244,500$18.36$4,489,020.00View SEC Filing  
11/1/2013Robert L BaileyDirectorSell4,000$17.59$70,360.00View SEC Filing  
10/17/2013Patrick T OtteVPSell175,651$16.95$2,977,284.45View SEC Filing  
10/7/2013Scott DeboerVPSell26,750$18.60$497,550.00View SEC Filing  
9/9/2013Scott J DeboerVPSell1,600$15.42$24,672.00View SEC Filing  
9/5/2013Ronald FosterCFOSell40,200$14.01$563,202.00View SEC Filing  
9/4/2013Scott DeboerVPSell111,250$15.03$1,672,087.50View SEC Filing  
9/3/2013Robert BaileyDirectorSell4,000$13.97$55,880.00View SEC Filing  
9/3/2013Ronald FosterCFOSell31,600$13.92$439,872.00View SEC Filing  
8/14/2013Ronald FosterCFOSell20,000$14.80$296,000.00View SEC Filing  
8/14/2013Scott DeboerVPSell14,800$15.00$222,000.00View SEC Filing  
8/13/2013Ronald FosterCFOSell80,000$14.26$1,140,800.00View SEC Filing  
8/1/2013Robert L BaileyDirectorSell4,000$13.50$54,000.00View SEC Filing  
8/1/2013Ronald C FosterCFOSell10,400$13.55$140,920.00View SEC Filing  
7/24/2013Thomas T EbyVPSell68,213$13.19$899,729.47View SEC Filing  
7/5/2013Glen HawkVPSell64,750$14.29$925,277.50View SEC Filing  
7/5/2013Ronald C FosterCFOSell60,000$14.32$859,200.00View SEC Filing  
7/1/2013Mercedes JohnsonDirectorSell8,000$14.50$116,000.00View SEC Filing  
7/1/2013Ronald C FosterCFOSell36,673$14.41$528,457.93View SEC Filing  
7/1/2013Scott J DeboerVPSell15,000$14.52$217,800.00View SEC Filing  
6/28/2013Ronald C FosterCFOSell40,000$14.10$564,000.00View SEC Filing  
6/26/2013Michael W SadlerVPSell193,750$14.05$2,722,187.50View SEC Filing  
6/25/2013Mark AdamsPresidentSell100,000$13.66$1,366,000.00View SEC Filing  
6/24/2013Brian ShirleyVPSell94,750$13.40$1,269,650.00View SEC Filing  
6/21/2013Glen HawkVPSell48,346$13.81$667,658.26View SEC Filing  
6/17/2013Scott J DeboerVPSell40,000$13.27$530,800.00View SEC Filing  
6/3/2013Robert L BaileyDirectorSell4,000$11.72$46,880.00View SEC Filing  
6/3/2013Ronald C. FosterCFOSell18,500$11.48$212,380.00View SEC Filing  
5/14/2013Ronald C FosterCFOSell40,000$10.64$425,600.00View SEC Filing  
5/8/2013Scott J DeboerVPSell20,000$10.00$200,000.00View SEC Filing  
5/7/2013Ronald C FosterCFOSell20,000$9.90$198,000.00View SEC Filing  
5/1/2013Robert L BaileyDirectorSell4,000$9.26$37,040.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Micron Technology (NASDAQ:MU)
Latest Headlines for Micron Technology (NASDAQ:MU)
Source:
DateHeadline
americanbankingnews.com logoMicron Technology Sees Unusually High Options Volume (MU)
www.americanbankingnews.com - April 24 at 7:16 PM
seekingalpha.com logoMyths About Micron Technology - Seeking Alpha
seekingalpha.com - April 24 at 5:49 PM
investorplace.com logoMonday's Vital Data: Apple Inc. (AAPL), Visa Inc (V) and Micron Technology, Inc (MU) - Investorplace.com
investorplace.com - April 24 at 5:49 PM
americanbankingnews.com logoMicron Technology (MU) Earns Daily News Impact Score of 0.32
www.americanbankingnews.com - April 24 at 4:34 PM
finance.yahoo.com logoMicron (MU) Up 3.2% Since Earnings Report: Can It Continue?
finance.yahoo.com - April 24 at 12:29 PM
americanbankingnews.com logoMicron Technology (MU) Earns News Impact Score of 0.18
www.americanbankingnews.com - April 21 at 9:57 PM
seekingalpha.com logoMicron Begins Its Descent
seekingalpha.com - April 21 at 6:31 PM
finance.yahoo.com logoMicron (MU) vs. NVIDIA (NVDA): Which Semiconductor Stock Should You Buy?
finance.yahoo.com - April 19 at 6:44 PM
finance.yahoo.com logoQualcomm earnings: 4 ways to trade it
finance.yahoo.com - April 19 at 6:44 PM
finance.yahoo.com logoLive Webcast of the Micron Summit to Provide Latest Enterprise Storage Insights from Industry Experts
finance.yahoo.com - April 19 at 10:25 AM
finance.yahoo.com logoWhat's working: Top tech plays
finance.yahoo.com - April 19 at 10:25 AM
americanbankingnews.com logoMicron Technology (MU) Given News Impact Rating of 0.15
www.americanbankingnews.com - April 18 at 6:05 PM
finance.yahoo.com logoMicron Stock Rises After Exiting Stakes in Japanese Chip Makers
finance.yahoo.com - April 17 at 5:56 PM
msn.com logoMicron Technology, Inc. (MU) Stock Still Has Plenty of Time to Grow
www.msn.com - April 17 at 10:03 AM
americanbankingnews.com logoMicron Technology, Inc. (MU) Upgraded to "Strong-Buy" at Vetr Inc.
www.americanbankingnews.com - April 16 at 8:22 AM
americanbankingnews.com logoMicron Technology (MU) Earns News Impact Rating of -0.01
www.americanbankingnews.com - April 15 at 3:38 PM
americanbankingnews.com logoMicron Technology, Inc. (MU) Short Interest Down 4.1% in March
www.americanbankingnews.com - April 14 at 11:24 AM
seekingalpha.com logoMicron Technology Pushing All-Time Highs - Seeking Alpha
seekingalpha.com - April 12 at 8:22 AM
fool.com logoWhy Shares of Micron Technology Jumped 23% in March
www.fool.com - April 11 at 7:23 PM
americanbankingnews.com logoMicron Technology Target of Unusually High Options Trading (MU)
www.americanbankingnews.com - April 11 at 5:20 PM
finance.yahoo.com logoIs the Time Ripe to Build Position in Micron Technology?
finance.yahoo.com - April 11 at 11:07 AM
investorplace.com logoRide the Micron Technology, Inc. (MU) Tiger Now!
investorplace.com - April 10 at 10:44 AM
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Advanced Micro Devices and Micron Technology
finance.yahoo.com - April 10 at 10:18 AM
finance.yahoo.com logoMicron Announces Early Tender Results
finance.yahoo.com - April 10 at 10:18 AM
americanbankingnews.com logoCowen and Company Reaffirms "Outperform" Rating for Micron Technology, Inc. (MU)
www.americanbankingnews.com - April 8 at 9:52 AM
americanbankingnews.com logoMicron Technology's (MU) Sector Perform Rating Reiterated at Pacific Crest
www.americanbankingnews.com - April 8 at 9:50 AM
investorplace.com logoThe Pros Like Micron Technology, Inc. (MU) Stock … Should You?
investorplace.com - April 7 at 11:21 AM
finance.yahoo.com logoWhy Micron Technology Isn't Done Growing Yet
finance.yahoo.com - April 7 at 11:21 AM
finance.yahoo.com logoThis Is Micron’s Next Big Growth Opportunity
finance.yahoo.com - April 7 at 11:21 AM
finance.yahoo.com logoPost Earnings Coverage as Micron's Quarterly Revenue Surged 58%
finance.yahoo.com - April 7 at 11:21 AM
investorplace.com logoThe Pros Like Micron Technology, Inc. (MU) Stock … Should You?
investorplace.com - April 6 at 1:12 PM
americanbankingnews.com logoMicron Technology, Inc. (MU) VP April S. Arnzen Sells 1,000 Shares
www.americanbankingnews.com - April 5 at 9:16 PM
americanbankingnews.com logoMicron Technology, Inc. (MU) Research Coverage Started at Macquarie
www.americanbankingnews.com - April 5 at 9:01 AM
fool.com logoWhy Micron Technology Isn't Done Growing Yet
www.fool.com - April 5 at 8:07 AM
americanbankingnews.com logoMicron Technology, Inc. (MU) Upgraded to "Strong-Buy" by Vetr Inc.
www.americanbankingnews.com - April 4 at 12:36 AM
blogs.barrons.com logoTech Today: Micron's Good Times, More iPhone 8 Tidbits, Cutting Arista
blogs.barrons.com - April 3 at 5:59 PM
finance.yahoo.com logoCramer: Just a little 'quicksand' from 'mark-up window dr...
finance.yahoo.com - April 3 at 5:59 PM
thestreet.com logoMicron Stock Coverage Initiated at Macquarie
us.rd.yahoo.com - April 1 at 11:40 AM
americanbankingnews.com logoInsider Selling: Micron Technology, Inc. (MU) VP Sells 10,638 Shares of Stock
www.americanbankingnews.com - March 31 at 7:58 PM
americanbankingnews.com logoInsider Selling: Micron Technology, Inc. (MU) VP Sells 50,000 Shares of Stock
www.americanbankingnews.com - March 31 at 7:37 PM
investorplace.com logoMicron Technology, Inc. (MU) Stock Is Only Getting Started
investorplace.com - March 31 at 12:34 PM
americanbankingnews.com logoMicron Technology, Inc. (MU) Receives "Positive" Rating from Susquehanna Bancshares Inc
www.americanbankingnews.com - March 31 at 9:35 AM
americanbankingnews.com logoMicron Technology, Inc. (MU) VP Brian Shirley Sells 88,000 Shares
www.americanbankingnews.com - March 30 at 7:28 PM
americanbankingnews.com logoMicron Technology, Inc. (MU) Receives New Coverage from Analysts at Macquarie
www.americanbankingnews.com - March 30 at 6:57 PM
americanbankingnews.com logoMicron Technology's (MU) "Outperform" Rating Reaffirmed at Wells Fargo & Co
www.americanbankingnews.com - March 30 at 9:07 AM
americanbankingnews.com logoMicron Technology, Inc. (MU) Price Target Raised to $35.00 at Mizuho
www.americanbankingnews.com - March 30 at 8:23 AM
americanbankingnews.com logoMicron Technology, Inc. (MU) PT Raised to $35.00 at Deutsche Bank AG
www.americanbankingnews.com - March 30 at 8:20 AM
americanbankingnews.com logoInstinet Increases Micron Technology, Inc. (MU) Price Target to $40.00
www.americanbankingnews.com - March 30 at 8:20 AM
americanbankingnews.com logoRobert W. Baird Boosts Micron Technology, Inc. (MU) Price Target to $40.00
www.americanbankingnews.com - March 30 at 8:19 AM
sg.finance.yahoo.com logoTraders debate financials versus technology for their favorite sectors
us.rd.yahoo.com - March 30 at 5:22 AM

Social

Frequently Asked Questions for Micron Technology (NASDAQ:MU)

What is Micron Technology's stock symbol?

Micron Technology trades on the NASDAQ under the ticker symbol "MU."

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) posted its quarterly earnings data on Thursday, March, 23rd. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.84 by $0.06. The firm earned $4.65 billion during the quarter, compared to the consensus estimate of $4.65 billion. Micron Technology had a positive return on equity of 0.81% and a negative net margin of 2.32%. The firm's revenue was up 58.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.01 EPS.

When will Micron Technology make its next earnings announcement?

Micron Technology is scheduled to release their next quarterly earnings announcement on Wednesday, June, 28th 2017.

What guidance has Micron Technology issued on next quarter's earnings?

Micron Technology updated its third quarter earnings guidance on Thursday, March, 23rd. The company provided earnings per share guidance of $1.43-1.57 for the period, compared to the Thomson Reuters consensus estimate of $0.93. The company issued revenue guidance of $5.2-5.6 billion, compared to the consensus revenue estimate of $4.52 billion.

Where is Micron Technology's stock going? Where will Micron Technology's stock price be in 2017?

31 brokers have issued twelve-month price targets for Micron Technology's stock. Their predictions range from $9.00 to $40.00. On average, they expect Micron Technology's share price to reach $31.39 in the next year.

What are analysts saying about Micron Technology stock?

Here are some recent quotes from research analysts about Micron Technology stock:

  • 1. Wells Fargo & Co analysts commented, "Micron's February quarter results and May quarter guidance reflect continuing strength in memory pricing and the benefits of the Inotera acquisition. February quarter sales were up 58% year/year and the midpoint of May quarter sales guidance implies 86% year/year growth. GAAP gross margin jumped more than 11 percentage points (pp) sequentially, to 36.7% in the February quarter. NonGAAP gross margin is expected to rise 7.5 pp sequentially in the May quarter. Our FY17 GAAP EPS estimate increases to $3.55 from a prior $2.92 and our FY18 GAAP EPS estimate increases to $4.90 from a prior $3.92. We are maintaining our valuation range of $30-35, which we derive using a multiple of approximately 6-7x our FY18 EPS estimate. We are reiterating our Outperform rating on Micron." (3/24/2017)
  • 2. Mizuho analysts commented, "Micron reported a strong FebQ, better than its positive preannouncement. MU also guided to a strong MayQ with topline/EPS/GM of $5.2-5.6B/$1.43-1.57/44-48% (consensus at $4.7B/$0.91/37.2%), guiding GMs up ~1000bps q/q (a 10-year high) driving >50% EPS upside to the MayQ consensus. Micron could see a better 2H17 with its 1x (16nm) DRAM and 64L 3D-NAND ramps driving higher topline and better costs. Reiterating our Buy, raising estimates and PT to $35 (prior $30). MU's NAND strength is a positive for WDC as well." (3/24/2017)
  • 3. Robert W. Baird analysts commented, "Raising price target and reiterating Outperform rating on our expectation of continued strong environment in both DRAM and NAND, along with Micron's improving mix, cost structure, and overall execution . We model continued NAND price increases throughout the calendar year (albeit at a declining rate), and flat to up DRAM pricing, which combined with Micron's ongoing improvement in fundamentals suggest an earnings peak is not for this year. Our expectation for continued supply/demand tightness in C2H should result in continued earnings momentum over next several quarters." (3/24/2017)
  • 4. Deutsche Bank AG analysts commented, "Reiterate Buy on favorable supply-demand and solid execution. MU delivered F2Q results that are slightly better than its preliminary estimates. Its guidance for strong revenue growth and profitability in F3Q should ease some concerns that the memory cycle will soon pass its peak. We are particularly impressed with the company's ability to execute on its technology roadmap for both DRAM and NAND, driving solid bit growth and cost improvements. Furthermore, we expect the memory market to remain in shortage throughout 2017, as memory suppliers continue to exhibit disciplined capex behaviors. We reiterate our Buy rating on MU and raise our P/T to $35." (3/24/2017)
  • 5. Cowen and Company analysts commented, "The cat is 'out of the bag' for FQ2 (Feb) but costs are the real story as the #s imply MU finally has its 'house in order' and not just riding the pricing wave. See FQ3 (May) EPS ~$1.00 (again above Street) meaning MU's multiple has compressed 'bigly' since '14 ' nonsensical given that MU was bit constrained and DRAM market dynamics were more cyclical during that time." (3/22/2017)

Are investors shorting Micron Technology?

Micron Technology saw a drop in short interest in the month of March. As of March 31st, there was short interest totalling 43,409,567 shares, a drop of 4.1% from the March 15th total of 45,245,536 shares. Based on an average daily trading volume, of 35,565,835 shares, the short-interest ratio is currently 1.2 days. Currently, 4.2% of the company's shares are short sold.

Who owns Micron Technology stock?

Micron Technology's stock is owned by many different of institutional and retail investors. Top institutional investors include Columbus Circle Investors (0.32%), Chevy Chase Trust Holdings Inc. (0.19%), Bank of Montreal Can (0.17%), Hermes Investment Management Ltd. (0.16%), DnB Asset Management AS (0.12%) and Nationwide Fund Advisors (0.09%). Company insiders that own Micron Technology stock include April S Arnzen, Brian Shirley, Ernest E Maddock, Joel L Poppen, Robert L Bailey, Scott J Deboer and Steven L Thorsen Jr.

Who sold Micron Technology stock? Who is selling Micron Technology stock?

Micron Technology's stock was sold by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Nationwide Fund Advisors, Chevy Chase Trust Holdings Inc., National Pension Service, Factory Mutual Insurance Co., Verde Servicos Internacionais S.A., Hermes Investment Management Ltd. and Nepsis Capital Management Inc.. Company insiders that have sold Micron Technology stock in the last year include April S Arnzen, Brian Shirley, Scott J Deboer and Steven L Thorsen Jr.

Who bought Micron Technology stock? Who is buying Micron Technology stock?

Micron Technology's stock was bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Navellier & Associates Inc, Bank of Montreal Can, Boston Advisors LLC, State of Alaska Department of Revenue, Cypress Capital Management LLC WY, Candriam Luxembourg S.C.A. and Quantitative Systematic Strategies LLC.

How do I buy Micron Technology stock?

Shares of Micron Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Micron Technology stock cost?

One share of Micron Technology stock can currently be purchased for approximately $26.57.

Micron Technology (MU) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff