Micron Technology Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $69.79
- Today's High:
- $71.69
- Open Price:
- $69.955
- 52W Low:
- $48.0505
- 52W High:
- $74.6295
- Prev. Close:
- $70.03
- Volume:
- 11044693
Company Statistics
- Market Cap.:
- $76.70 billion
- Book Value:
- 41.466
- Revenue TTM:
- $18.17 billion
- Operating Margin TTM:
- -14.21%
- Gross Profit TTM:
- $13.90 billion
- Profit Margin:
- -16.02%
- Return on Assets TTM:
- -2.47%
- Return on Equity TTM:
- -6.15%
Company Profile
Micron Technology Inc had its IPO on 1984-06-01 under the ticker symbol MU.
The company operates in the Technology sector and Semiconductors industry. Micron Technology Inc has a staff strength of 48,000 employees.
Stock update
Shares of Micron Technology Inc opened at $69.96 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $69.79 - $71.69, and closed at $70.31.
This is a +0.4% increase from the previous day's closing price.
A total volume of 11,044,693 shares were traded at the close of the day’s session.
In the last one week, shares of Micron Technology Inc have slipped by -0.11%.
Micron Technology Inc's Key Ratios
Micron Technology Inc has a market cap of $76.70 billion, indicating a price to book ratio of 1.1933 and a price to sales ratio of 1.8457.
In the last 12-months Micron Technology Inc’s revenue was $18.17 billion with a gross profit of $13.90 billion and an EBITDA of $5.12 billion. The EBITDA ratio measures Micron Technology Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Micron Technology Inc’s operating margin was -14.21% while its return on assets stood at -2.47% with a return of equity of -6.15%.
In Q1.6666666666667, Micron Technology Inc’s quarterly earnings growth was a negative -43.2% while revenue growth was a negative 56.6%.
Micron Technology Inc’s PE and PEG Ratio
- Forward PE
- 454.5455
- Trailing PE
- 0
- PEG
- 1.1151
Its diluted EPS in the last 12-months stands at $-2.64 per share while it has a forward price to earnings multiple of 454.5455 and a PEG multiple of 1.1151. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Micron Technology Inc’s profitability.
Micron Technology Inc stock is trading at a EV to sales ratio of 1.8771 and a EV to EBITDA ratio of 3.4212. Its price to sales ratio in the trailing 12-months stood at 1.8457.
Micron Technology Inc stock pays annual dividends of $0.46 per share, indicating a yield of 0.65% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $65.68 billion
- Total Liabilities
- $5.10 billion
- Operating Cash Flow
- $0
- Capital Expenditure
- $1.56 billion
- Dividend Payout Ratio
- 0%
Micron Technology Inc ended 2024 with $65.68 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $65.68 billion while shareholder equity stood at $45.41 billion.
Micron Technology Inc ended 2024 with $0 in deferred long-term liabilities, $5.10 billion in other current liabilities, 124000000.00 in common stock, $42.39 billion in retained earnings and $1.25 billion in goodwill. Its cash balance stood at $9.30 billion and cash and short-term investments were $10.35 billion. The company’s total short-term debt was $259,000,000 while long-term debt stood at $12.99 billion.
Micron Technology Inc’s total current assets stands at $21.73 billion while long-term investments were $973.00 million and short-term investments were $1.05 billion. Its net receivables were $2.43 billion compared to accounts payable of $1.64 billion and inventory worth $8.24 billion.
In 2024, Micron Technology Inc's operating cash flow was $0 while its capital expenditure stood at $1.56 billion.
Comparatively, Micron Technology Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $70.31
- 52-Week High
- $74.6295
- 52-Week Low
- $48.0505
- Analyst Target Price
- $67.48
Micron Technology Inc stock is currently trading at $70.31 per share. It touched a 52-week high of $74.6295 and a 52-week low of $74.6295. Analysts tracking the stock have a 12-month average target price of $67.48.
Its 50-day moving average was $66.43 and 200-day moving average was $61.5 The short ratio stood at 1.48 indicating a short percent outstanding of 0%.
Around 28.2% of the company’s stock are held by insiders while 8469.8% are held by institutions.
Frequently Asked Questions About Micron Technology Inc
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About
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.