Stock Updates

Is Micron Technology, Inc.(NASDAQ: MU), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Micron Technology, Inc. (NASDAQ: MU) has been on the stock market since its IPO date on the 5/16/1989. Micron Technology, Inc. is in the Semiconductor- Memory Chips industry and Technology sector. Average volume for Micron Technology, Inc., is 29322.26, and so far today it has a volume of 16576885. Performance year to date since the 5/16/1989 is -6.64%.

To help you determine whether Micron Technology, Inc. is undervalued the following values will help you decide. P/E is 43.06 and forward P/E is 24.04. PEG perhaps more useful shows that Micron Technology, Inc. has a value for PEG of 43.06. P/S ratio is 1.09 and the P/B ratio is 1.12. The P/Cash and P/Free cash flow is 2.79 and *TBA respectively.

At the current price Micron Technology, Inc. is trading at, 13.48 (1.97% today), Micron Technology, Inc. has a dividend yield of *TBA, and this is covered by a payout ratio of 0.00%. Earnings per share (EPS) is 0.31, and this is looking to grow in the next year to 885.70% after growing -2.50% this past year. EPS growth quarter over quarter is -149.50%, and -24.80% for sales growth quarter over quarter.

The number of shares outstanding is 1051.04, and the number of shares float is 1033.57. The senior management bring insider ownership to 0.10%, and institutional ownership is at 86.60%. The float short is 6.44%, with the short ratio at a value of 2.27. Management has seen a return on assets of 1.50%, and also a return on investment of 14.20%.

The ability for Micron Technology, Inc., to deal with debt, means it current ratio is 2.2, and quick ratio is 1.6. Long term debt/equity is 0.73 and total debt/equity is 0.79. In terms of margins, Micron Technology, Inc. has a gross margin of 22.70%, with its operating margin at 4.90%, and Micron Technology, Inc. has a profit margin of 2.90%.

The 52 week high is -34.47%, with 44.79% being its 52 week low. The 20 day simple moving average is 11.73% and the 200 day simple moving average is 4.89%.

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