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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 17.13 (1.66% today). The market cap for Micron Technology, Inc. is 17763.81, and is in the sector Technology, and Semiconductor- Memory Chips industry. The target price for Micron Technology, Inc. is 20.02. Currently Micron Technology, Inc. is trading with a P/E of *TBA, and a forward P/E of 9.77. Average volume for Micron Technology, Inc. is 26073.44 and so far today it is 23469700.

Performance in the last year for Micron Technology, Inc. has been -8.20%. For EPS growth, Micron Technology, Inc. has seen a growth of 1766.70%, and is looking to grow in the next year to 49.91%. More long term stats show that EPS growth has been 53.36% 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 -10.60%, with EPS growth quarter over quarter at *TBA. The 20-day simple moving average is 3.30%, with the 200-day simple moving average coming to 33.29%.

Since the IPO date for Micron Technology, Inc. on the 5/16/1989, Micron Technology, Inc. has seen performance year to date to be 20.97%. With Micron Technology, Inc. trading at 17.13, the dividend yield is *TBA, and the EPS is -0.27.

So could Micron Technology, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.43 and the P/B is at 1.47. The P/cash is *TBA, with P/free cash flow at *TBA.

Micron Technology, Inc. ability to deal with debt shows that the current ratio is 2, and the quick ratio is 1.4. This is with long term debt/equity at 0.76, and total debt/equity at 0.82.

In terms of margins, Micron Technology, Inc. has a gross margin of *TBA, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Micron Technology, Inc. is *TBA. Return on assets come to *TBA with return on investment coming to *TBA.

Insider ownership for Micron Technology, Inc., is at 0.10% and institutional ownership comes to 85.90%. Outstanding shares are at 1037. While shares float is 1033.24. The float short is currently 6.82%, and short ratio is 2.7.

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.

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Peter Clarke

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