Stock Updates

Is this Large Market Cap Stock target price reasonable for Micron Technology, Inc. (NASDAQ:MU)?

The company in question is, Micron Technology, Inc. (NASDAQ:MU) currently with a stock price of 15.73 (1.32% today). The market cap for Micron Technology, Inc. is 16078.72, and is in the sector Technology, and Semiconductor- Memory Chips industry. The target price for Micron Technology, Inc. is 15.71. Currently Micron Technology, Inc. is trading with a P/E of 50.55, and a forward P/E of 30.43. Average volume for Micron Technology, Inc. is 28748.27 and so far today it is 11323255.

Performance in the last year for Micron Technology, Inc. has been -5.25%. For EPS growth, Micron Technology, Inc. has seen a growth of -2.50%, and is looking to grow in the next year to 950.00%. More long term stats show that EPS growth has been 6.00% over the last five years and could be 1.00% for the next five years. Micron Technology, Inc. has seen sales growth quarter over quarter at -24.80%, with EPS growth quarter over quarter at -149.50%. The 20-day simple moving average is 18.07%, with the 200-day simple moving average coming to 25.82%.

Since the IPO date for Micron Technology, Inc. on the 5/16/1989, Micron Technology, Inc. has seen performance year to date to be 9.60%. With Micron Technology, Inc. trading at 15.73, the dividend yield is *TBA, and the EPS is 0.31.

So could Micron Technology, Inc., be undervalued? Well as said before P/E is 50.55. The PEG is 50.55, P/S is 1.26 and the P/B is at 1.32. The P/cash is 3.23, with P/free cash flow at *TBA.

Micron Technology, Inc. ability to deal with debt shows that the current ratio is 2.2, and the quick ratio is 1.6. This is with long term debt/equity at 0.73, and total debt/equity at 0.79.

In terms of margins, Micron Technology, Inc. has a gross margin of 22.70%, an operating margin of 4.90% and a profit margin of 2.90%.Payout ratio for Micron Technology, Inc. is 0.00%. Return on assets come to 1.50% with return on investment coming to 14.20%.

Insider ownership for Micron Technology, Inc., is at 0.10% and institutional ownership comes to 88.10%. Outstanding shares are at 1036. While shares float is 1033.57. The float short is currently 6.90%, and short ratio is 2.48.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment