Micron Technology logged a -0.4% change during today's morning session, and is now trading at a price of $123.95 per share. The S&P 500 index moved 1.0%. MU's trading volume is 3,882,952 compared to the stock's average volume of 22,239,311.
Micron Technology trades -15.98% away from its average analyst target price of $147.53 per share. The 33 analysts following the stock have set target prices ranging from $60.0 to $200.0, and on average have given Micron Technology a rating of buy.
If you are considering an investment in MU, you'll want to know the following:
-
Micron Technology's current price is 383.6% above its Graham number of $25.63, which implies that at its current valuation it does not offer a margin of safety
-
Micron Technology has moved -8.8% over the last year, and the S&P 500 logged a change of 10.5%
-
Based on its trailing earnings per share of 5.55, Micron Technology has a trailing 12 month Price to Earnings (P/E) ratio of 22.3 while the S&P 500 average is 29.3
-
MU has a forward P/E ratio of 9.6 based on its forward 12 month price to earnings (EPS) of $12.87 per share
-
Its Price to Book (P/B) ratio is 2.73 compared to its sector average of 4.19
-
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally.
-
Based in Boise, the company has 48,000 full time employees and a market cap of $138.72 Billion. Micron Technology currently returns an annual dividend yield of 0.4%.
