Uncovering Overlooked Insights on Micron Technology (MU)

By Scott Lee • Monday, March 25 15:13 • Permanent Link

Shares of Semiconductors company Micron Technology jumped 7.2% today. With many investors piling into MU without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

Micron Technology has moved 84.3% over the last year, and the S&P 500 logged a change of 31.6%
MU has an average analyst rating of buy and is 1.09% away from its mean target price of $116.82 per share
Its trailing earnings per share (EPS) is $-3.44
Micron Technology has a trailing 12 month Price to Earnings (P/E) ratio of -34.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $6.93 and its forward P/E ratio is 17.0
The company has a Price to Book (P/B) ratio of 2.98 in contrast to the S&P 500's average ratio of 2.95
Micron Technology is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92
The company has a free cash flow of $-3049874944, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

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.