Micron Technology shares slid -4.6% this morning. Here's what you need to know about the Large-CapSemiconductors company:
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Micron Technology has logged a 40.8% 52 week change, compared to 33.5% for the S&P 500
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MU has an average analyst rating of buy and is -27.13% away from its mean target price of $142.23 per share
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Its trailing earnings per share (EPS) is $0.7, which brings its trailing Price to Earnings (P/E) ratio to 148.1. The Technology sector's average P/E ratio is 30.01
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The company's forward earnings per share (EPS) is $12.87 and its forward P/E ratio is 8.1
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The company has a Price to Book (P/B) ratio of 2.55 in contrast to the Technology sector's average P/B ratio is 3.91
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The current ratio is currently 3.5, which consists in its liquid assets divided by any liabilities due within in the next 12 months
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The company's free cash flow for the last fiscal year was $-6117000000 and the average free cash flow growth rate is -21.7%
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Micron Technology's revenues have an average growth rate of -10.4% with operating expenses growing at 2.2%. The company's current operating margins stand at -37.0%