Micron Stock Today

MU
 Stock
  

USD 62.46  2.39  3.69%   

Market Performance
0 of 100
Odds Of Distress
Less than 12
Micron Technology is selling for under 62.46 as of the 7th of August 2022; that is -3.69 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 61.8. Micron Technology has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Micron Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of July 2021 and ending today, the 7th of August 2022. Click here to learn more.
CUSIP
595112103
Fiscal Year End
August
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
1st of June 1984
Category
Technology
Classification
Information Technology
ISIN
US5951121038
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 1.12 B outstanding shares of which 34.04 M shares are now sold short in the market by investors with about 1.64 days to cover all shorted shares. More on Micron Technology

Moving together with Micron Technology

0.78AOSLAlpha And Omega Fiscal Year End 10th of August 2022 PairCorr
0.69ASXAse Industrial Holding Tech BoostPairCorr
0.91AVGOBroadcom TrendingPairCorr

Micron Technology Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Micron Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Micron Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Micron Technology generated a negative expected return over the last 90 days
Over 83.0% of the company shares are owned by institutional investors
On 26th of July 2022 Micron Technology paid $ 0.115 per share dividend to its current shareholders
Latest headline from 247wallst.com: 5 Chip Stocks Poised to Benefit From the US CHIPS Act - 247 Wall St.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Micron Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Micron Technology's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOMark Durcan
SEC FilingsMicron Technology Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 4 themes
Fama & French Classification
Average Analyst Recommendation
Analysts covering Micron Technology report their recommendations after researching Micron Technology's financial statements, talking to executives and customers, or listening in on Micron Technology's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Micron Technology. The Micron consensus assessment is calculated by taking the average forecast from all of the analysts covering Micron Technology.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Micron Technology based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Micron Technology financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares1.2 B1.1 B
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted1.3 B1.2 B
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations8.5 B8.2 B
Sufficiently Up
Increasing
Slightly volatile
Total Assets37.7 B35.3 B
Notably Up
Increasing
Slightly volatile
Total Liabilities14.9 B15.8 B
Notably Down
Increasing
Slightly volatile
Current Assets13.5 B12.5 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities5.6 B5.3 B
Sufficiently Up
Increasing
Slightly volatile
Total Debt9.6 B11.2 B
Fairly Down
Increasing
Stable
Return on Average Assets0.140.158
Fairly Down
Increasing
Slightly volatile
Gross Margin0.40.415
Sufficiently Down
Increasing
Slightly volatile
Asset Turnover0.580.631
Significantly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Micron Technology's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Micron Technology's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Micron Technology's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Micron Technology's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Micron Technology's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Micron Technology's financial leverage. It provides some insight into what part of Micron Technology's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Micron Technology's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Micron Technology deploys its capital and how much of that capital is borrowed.
Liquidity
Micron Technology cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 7.65 B of total liabilities with total debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from financial leverage. Micron Technology has a current ratio of 3.18, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Micron Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Micron Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Micron Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Micron to invest in growth at high rates of return. When we think about Micron Technology's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

8.5 Billion
Micron Technology (MU) is traded on NASDAQ Exchange in USA. It is located in 8000 S. Federal Way, Boise, ID 83716-9632, United States and employs 45,000 people. Micron Technology is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with market capitalization of 69.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Micron Technology's market, we take the total number of its shares issued and multiply it by Micron Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Micron Technology is active under Technology sector as part of Semiconductors industry. The entity has 1.12 B outstanding shares of which 34.04 M shares are now sold short in the market by investors with about 1.64 days to cover all shorted shares. Micron Technology reports about 10.23 B in cash with 15.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.27.
Check Micron Technology Probability Of Bankruptcy
Ownership
Micron Technology holds a total of 1.12 Billion outstanding shares. The majority of Micron Technology outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Micron Technology to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Micron Technology. Please pay attention to any change in the institutional holdings of Micron Technology as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Micron Ownership Details

Micron Stock Price Odds Analysis

What are Micron Technology's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of Micron Technology jumping above the current price in 90 days from now is about 59.45%. The Micron Technology probability density function shows the probability of Micron Technology stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.58. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Micron Technology will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Micron Technology is significantly underperforming DOW.
  Odds Below 62.46HorizonTargetOdds Above 62.46
40.40%90 days
 62.46 
59.45%
Based on a normal probability distribution, the odds of Micron Technology to move above the current price in 90 days from now is about 59.45 (This Micron Technology probability density function shows the probability of Micron Stock to fall within a particular range of prices over 90 days) .

Micron Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Micron Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Micron Technology's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Micron Technology's value.
InstituionSecurity TypeTotal SharesValue
Van Eck Associates CorpCommon Shares5.3 M292.5 M
Sumitomo Mitsui Trust Holdings IncCommon Shares3.6 M197.5 M
Simplex Trading LlcPut Options2.8 M154.1 M
Simplex Trading LlcCall Options2.2 M120.1 M
View Micron Technology Diagnostics

Micron Technology Historical Income Statement

Micron Technology Income Statement is one of the three primary financial statements used for reporting Micron's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Micron Technology revenue and expense. Micron Technology Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Micron Technology Income Tax Expense is comparatively stable at the moment as compared to the past year. Micron Technology reported Income Tax Expense of 114 Million in 2021 View More Fundamentals

Micron Stock Against Markets

Picking the right benchmark for Micron Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Micron Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Micron Technology is critical whether you are bullish or bearish towards Micron Technology at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Micron Technology without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Piotroski F Score

Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
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Micron Technology Corporate Directors

Micron Technology corporate directors refer to members of a Micron Technology board of directors. The board of directors generally takes responsibility for the Micron Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Micron Technology's board members must vote for the resolution. The Micron Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert Bailey - Independent DirectorProfile
Lawrence Mondry - Independent DirectorProfile
Ivanhoe Donaldson - Senior Director of Investor RelationsProfile
MaryAnn Wright - DirectorProfile

Invested in Micron Technology?

You need to understand the risk of investing before taking a position in Micron Technology. The danger of trading Micron Technology is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Micron Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Micron Technology. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Micron Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Micron Technology information on this page should be used as a complementary analysis to other Micron Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Micron Technology price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.54
Market Capitalization
68.9 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.12
Return On Equity
0.22
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Micron Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.