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A look at a High Market Cap Stock: Micron Technology, Inc., MU

Micron Technology, Inc., MU is in the exchange NASDAQ and its industry is Semiconductor- Memory Chips in the sector of Technology. Based in USA, Micron Technology, Inc., MU  has a market cap of 16068.36. Since its IPO date on the 5/16/1989, Micron Technology, Inc., MU performance year to date is 9.53%. Today Micron Technology, Inc., MU has gained 5.77%, with a current price of 16.41.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 85.70%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 1.50%, with return on investment at 14.20%.

In terms of debt levels and profit levels, Micron Technology, Inc., MU is seeing a long-term debt/equity of 0.73. While Total debt/equity is 0.79. With a profit margin of 2.90%, this is combined with a gross margin of 22.70%, and operating margin of 4.90%. Micron Technology, Inc. ability to meet debt levels, with a current ratio of 2.2, while the quick ratio is 1.6.

For the last year Micron Technology, Inc., MU has seen a EPS growth of -2.50%. A performance for the year of 8.69%. The 52-week high is -15.00%, and the 52-week low is 76.21%. The average volume for Micron Technology, Inc., MU is 26279756.

With a target price of 16, can Micron Technology, Inc., MU reach this target? Looking at the value indicators of Micron Technology, Inc., MU. Micron Technology, Inc. has a P/E of 50.52 and a forward P/E of 29.77. Perhaps the more useful indicator than P/E, is PEG which has a value of 50.52. Micron Technology, Inc. also has a P/S and a P/B of 1.26 and 1.32 respectively. For P/cash, Micron Technology, Inc. has a value of 3.23, while it is *TBA for P/free cash flow.

At the current price of 16.41, Micron Technology, Inc. has a dividend yield of *TBA. We see a return on equity of 3.00%.

Looking more long-term Micron Technology, Inc., is projected to get an EPS growth for the next five years of 1.00%. In the short-term an EPS growth of 966.70% in the next year is forecasted. This is after a EPS growth of -2.50% for this year and for the last five years a 6.00% growth has been seen.

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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Stephen Butters

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