What's In It for MU Investors?

By Scott Lee • Tuesday, October 18 12:00 • Permanent Link

Shares of Technology sector company Micron Technology, moved 1.5% today, and are now trading at a price of $53.5. The large cap stock's daily volume was 18,235,832 compared to its average volume of 17,468,989. The S&P 500 index returned a 0.5% performance.

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company is based in Boise and has 45,000 full time employees. Its market capitalization is $59,929,092,096. Micron Technology, currently offers its equity investors a dividend that yields 0.2% per year.

31 analysts are following Micron Technology, and have set target prices ranging from $50 to $110 per share. On average, they have given the company a rating of buy. At today's prices, MU is trading -30.92% away from its average analyst target price of $77.45 per share.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.