NASDAQ:MU - Micron Technology Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $49.94 +1.87 (+3.89 %) (As of 08/21/2018 04:00 PM ET)Previous Close$48.07Today's Range$48.87 - $50.3752-Week Range$29.77 - $64.66Volume38.35 million shsAverage Volume47.71 million shsMarket Capitalization$54.64 billionP/E Ratio11.32Dividend YieldN/ABeta1.61 Company ProfileAnalyst RatingsChartEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; lower power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 DRAM and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, and automotive and industrial applications, as well as for computer memory upgrades; and hybrid memory cube semiconductor memory devices. The company also provides NAND products, which are electrically re-writeable, non-volatile semiconductor memory, and storage devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; cloud SSDs; and multi-chip package and managed NAND products. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint non-volatile memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho. Receive MU News and Ratings via Email Sign-up to receive the latest news and ratings for MU and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorComputer and Technology SymbolNASDAQ:MU CUSIP59511210 Webwww.micron.com Phone208-368-4000 Debt Debt-to-Equity Ratio0.20 Current Ratio2.63 Quick Ratio2.06 Price-To-Earnings Trailing P/E Ratio11.32 Forward P/E Ratio4.32 P/E Growth0.5 Sales & Book Value Annual Sales$20.32 billion Price / Sales2.85 Cash Flow$8.7003 per share Price / Cash5.74 Book Value$17.60 per share Price / Book2.84 Profitability EPS (Most Recent Fiscal Year)$4.41 Net Income$5.09 billion Net Margins43.35% Return on Equity51.12% Return on Assets32.50% Miscellaneous Employees34,100 Outstanding Shares1,159,810,000Market Cap$54.64 billion Micron Technology (NASDAQ:MU) Frequently Asked Questions What is Micron Technology's stock symbol? Micron Technology trades on the NASDAQ under the ticker symbol "MU." How will Micron Technology's stock buyback program work? Micron Technology declared that its board has initiated a share buyback plan on Monday, May 21st 2018, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 16.2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued. How were Micron Technology's earnings last quarter? Micron Technology, Inc. (NASDAQ:MU) released its earnings results on Wednesday, June, 20th. The semiconductor manufacturer reported $3.15 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.13 by $0.02. The semiconductor manufacturer earned $7.80 billion during the quarter, compared to analyst estimates of $7.76 billion. Micron Technology had a net margin of 43.35% and a return on equity of 51.12%. Micron Technology's revenue was up 40.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.62 EPS. View Micron Technology's Earnings History. When is Micron Technology's next earnings date? Micron Technology is scheduled to release their next quarterly earnings announcement on Tuesday, September, 25th 2018. View Earnings Estimates for Micron Technology. What guidance has Micron Technology issued on next quarter's earnings? Micron Technology issued an update on its fourth quarter earnings guidance on Wednesday, June, 20th. The company provided earnings per share guidance of $3.23-3.37 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.17. The company issued revenue guidance of $8-8.4 billion, compared to the consensus revenue estimate of $8.02 billion. What price target have analysts set for MU? 30 brokers have issued 1-year price targets for Micron Technology's shares. Their predictions range from $35.00 to $120.00. On average, they expect Micron Technology's stock price to reach $72.2667 in the next twelve months. This suggests a possible upside of 44.7% from the stock's current price. View Analyst Price Targets for Micron Technology. What is the consensus analysts' recommendation for Micron Technology? 30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last year. There are currently 6 hold ratings, 23 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Micron Technology. What are Wall Street analysts saying about Micron Technology stock? Here are some recent quotes from research analysts about Micron Technology stock: 1. According to Zacks Investment Research, "Micron is expected to keep gaining from the DRAM boom which is here to stay, at least in the near term. Additionally, growing adoption of SSD from PC manufacturers and data-center operators will further boost the top-line. Furthermore, we are positive about the company’s strategy of enhancing capabilities through acquisitions which are likely to enhance its top-line performance over the long run. Estimates have been going up ahead of the company’s Q4 earnings release. The company has positive record of earnings surprises in recent quarters. Notably, the stock has outperformed the S&P 500 index in the year to date period. However, increasing competition in the industry remains a concern for the company. The merger of Western Digital and SanDisk also sounds an alarm bell for the company, as the combined entity will capture a large share of the SSD technology market." (8/21/2018) 2. Needham & Company LLC analysts commented, "With another record quarter and guide (beat revenue and EPS consensus by 5.6% and 11.4%, respectively) in the bag, we think Micron is on track to generate nearly $10 of annualized earnings. Why isn’t the market applying a historical average P/E multiple of 8-10x on this level of earnings? We think the multiple will rise over time as investors come to understand how MU benefits from the secular transition away from PCs and smartphones to high-performance computing applications such as AI, machine learning, cloud/enterprise and autonomous. In these end-markets, capacity is higher, design cycles are longer and more stable and pricing is favorable. Also, we think Micron is poised to benefit from the transition to 3D NAND, which generates a significant cost advantage (30%-35%), and technology limitation in DRAM supply growth." (12/20/2017) Are investors shorting Micron Technology? Micron Technology saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 49,307,059 shares, a drop of 3.9% from the July 13th total of 51,298,358 shares. Based on an average daily trading volume, of 32,657,400 shares, the short-interest ratio is presently 1.5 days. Currently, 4.4% of the company's stock are short sold. View Micron Technology's Current Options Chain. Who are some of Micron Technology's key competitors? Some companies that are related to Micron Technology include Taiwan Semiconductor Mfg. (TSM), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYO), Microchip Technology (MCHP), Advanced Micro Devices (AMD), Xilinx (XLNX), STMicroelectronics (STM) and Maxim Integrated Products (MXIM). Who are Micron Technology's key executives? Micron Technology's management team includes the folowing people: Mr. Sanjay Mehrotra, CEO, Pres & Director (Age 59)Mr. Scott J. DeBoer, Exec. VP of Technology Devel. (Age 52)Mr. Joel L. Poppen, Sr. VP of Legal Affairs, Gen. Counsel & Corp. Sec. (Age 54)Mr. Steven L. Thorsen Jr., Sr. VP of Worldwide Sales (Age 53)Mr. Brian M. Shirley, Sr. VP of DRAM & Emerging Memory Engineering (Age 49) Has Micron Technology been receiving favorable news coverage? News headlines about MU stock have trended somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Micron Technology earned a media and rumor sentiment score of 0.15 on Accern's scale. They also gave media coverage about the semiconductor manufacturer an impact score of 48.43 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Micron Technology. Who are Micron Technology's major shareholders? Micron Technology's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.17%), Waddell & Reed Financial Inc. (1.01%), Janus Henderson Group PLC (0.71%), Donald Smith & CO. Inc. (0.67%), Schwab Charles Investment Management Inc. (0.44%) and Legal & General Group Plc (0.43%). Company insiders that own Micron Technology stock include April S Arnzen, Brian Shirley, Ernest E Maddock, Joel L Poppen, Lawrence N Mondry, Mercedes Johnson, Patrick J Byrne, Robert E Switz, Robert L Bailey, Scott J Deboer and Steven L Thorsen Jr. View Institutional Ownership Trends for Micron Technology. Which institutional investors are selling Micron Technology stock? MU stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Daiwa Securities Group Inc., Ontario Teachers Pension Plan Board, Bank of Nova Scotia, Canada Pension Plan Investment Board, Los Angeles Capital Management & Equity Research Inc., Waddell & Reed Financial Inc. and CIBC World Markets Inc.. Company insiders that have sold Micron Technology company stock in the last year include April S Arnzen, Joel L Poppen, Mercedes Johnson, Patrick J Byrne, Robert E Switz, Robert L Bailey, Scott J Deboer and Steven L Thorsen Jr. View Insider Buying and Selling for Micron Technology. Which institutional investors are buying Micron Technology stock? MU stock was acquired by a variety of institutional investors in the last quarter, including Senator Investment Group LP, Point72 Asset Management L.P., Natixis, Parnassus Investments CA, Global Thematic Partners LLC, ClariVest Asset Management LLC, Commerzbank Aktiengesellschaft FI and Worldquant Millennium Quantitative Strategies LLC. View Insider Buying and Selling for Micron Technology. How do I buy shares of Micron Technology? Shares of MU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Micron Technology's stock price today? One share of MU stock can currently be purchased for approximately $49.94. How big of a company is Micron Technology? Micron Technology has a market capitalization of $54.64 billion and generates $20.32 billion in revenue each year. The semiconductor manufacturer earns $5.09 billion in net income (profit) each year or $4.41 on an earnings per share basis. Micron Technology employs 34,100 workers across the globe. How can I contact Micron Technology? Micron Technology's mailing address is 8000 S FEDERAL WAY, BOISE ID, 83716. The semiconductor manufacturer can be reached via phone at 208-368-4000 or via email at [email protected] MarketBeat Community Rating for Micron Technology (NASDAQ MU)Community Ranking: 3.5 out of 5 ( )Outperform Votes: 2,621 (Vote Outperform)Underperform Votes: 1,159 (Vote Underperform)Total Votes: 3,780MarketBeat's community ratings are surveys of what our community members think about Micron Technology and other stocks. Vote "Outperform" if you believe MU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MU will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 8/21/2018 by MarketBeat.com StaffFeatured Article: What does RSI mean?