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Micron Technology, Inc. (MU)

Stock Price: $49.15 USD 0.40 (0.82%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed
After-hours: $49.09 -0.06 (-0.12%) Aug 10, 7:59 PM

Stock Price Chart

Key Info

Market Cap 54.61B
Revenue (ttm) 20.25B
Net Income (ttm) 2.26B
Shares Out 1.11B
EPS (ttm) 1.99
PE Ratio 24.70
Forward PE 9.31
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 10, 2020
Last Price $49.15
Previous Close $48.75
Change ($) 0.40
Change (%) 0.82%
Day's Open 48.81
Day's Range 48.27 - 49.67
Day's Volume 15,881,467
52-Week Range 31.13 - 61.19

More Stats

Market Cap 54.61B
Enterprise Value 53.17B
Earnings Date (est) Sep 24, 2020
Ex-Dividend Date n/a
Shares Outstanding 1.11B
Float 1.11B
EPS (basic) 2.05
EPS (diluted) 1.99
FCF / Share 0.27
Dividend n/a
Dividend Yield n/a
Earnings Yield 4.05%
FCF Yield 0.54%
Payout Ratio n/a
Shares Short 27.84M
Short Ratio 1.59
Short % of Float 2.91%
Beta 1.48
PE Ratio 24.70
Forward PE 9.31
P/FCF Ratio 183.86
PS Ratio 2.70
PB Ratio 1.43
Revenue 20.25B
Operating Income 2.50B
Net Income 2.26B
Free Cash Flow 297.00M
Net Cash 1.43B
Net Cash / Share 1.29
Gross Margin 52.85%
Operating Margin 12.33%
Profit Margin 11.20%
FCF Margin 1.47%
ROA 3.09%
ROE 6.22%
ROIC 6.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (35)

Buy 26
Overweight 1
Hold 7
Underweight 0
Sell 1

Analyst Consensus: Buy

Price Target

$65.12*
(32.49% upside)
Low
35.0
Current: $49.15
High
100.0
Target: 65.12
*Average 12-month price target from 32 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue23,40630,39120,32212,39916,19216,3589,0738,2348,7888,482
Revenue Growth-22.98%49.55%63.9%-23.43%-1.01%80.29%10.19%-6.3%3.61%-
Gross Profit10,70217,8918,4362,5055,2155,4371,8479681,7582,714
Operating Income7,37614,9945,8681682,9983,087236-6127611,589
Net Income6,31314,1355,089-2762,8993,0451,190-1,0321671,850
Shares Outstanding1,1141,1521,0891,0361,0701,0601,022991988888
Earnings Per Share5.5111.514.41-0.272.472.541.13-1.040.171.85
EPS Growth-52.13%161%---2.76%124.78%---90.81%-
Operating Cash Flow13,18917,4008,1533,1685,2085,6991,8112,1142,4843,096
Capital Expenditures-9,780-8,879-4,734-5,817-4,021-3,107-1,442-1,699-2,423-522
Free Cash Flow3,4098,5213,419-2,6491,1872,59236941561.002,574
Cash & Equivalents7,9556,8025,4284,3983,5214,5343,6572,5592,1603,248
Total Debt5,8514,63911,1559,9107,3906,5796,0373,2622,0012,360
Net Cash / Debt2,1042,163-5,727-5,512-3,869-2,045-2,380-703159888
Assets48,88743,37635,33627,54024,14322,41619,11814,32814,75214,693
Liabilities12,01910,11215,84514,61210,85510,7869,1125,9114,9004,877
Book Value35,88132,29418,62112,08012,30210,7609,1427,7008,4708,020
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Micron Technology, Inc.
Country United States
Employees 37,000
CEO Sanjay Mehrotra

Stock Information

Ticker Symbol MU
Stock Exchange NASDAQ
Sector Technology
Industry Semiconductors
Unique Identifier NASDAQ: MU

Description

Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR Flash, and 3D XPoint memory under the Micron, Crucial, and Ballistix brands, as well as private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets; memory products for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its internal sales force, independent sales representatives, distributors, and e-tailers; and Web-based customer direct sales channel, as well as through channel and distribution partners primarily to original equipment manufacturers and retailers. The company has strategic collaboration with BMW Group. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.