Micron Technology, Inc. (MU)

Stock Price: $64.23 USD 0.80 (1.26%)

Updated November 27, 1:00 PM EST - Market closed

After-hours: $64.19 -0.04 (-0.06%) Nov 27, 4:55 PM

Stock Price Chart

Key Info

Market Cap	71.50B
Revenue (ttm)	21.44B
Net Income (ttm)	2.69B
Shares Out	1.11B
EPS (ttm)	2.37
PE Ratio	27.10
Forward PE	17.57
Dividend	n/a
Dividend Yield	n/a

Stock Quote

Trading Day	November 27
Last Price	$64.23
Previous Close	$63.43
Change ($)	0.80
Change (%)	1.26%
Day's Open	63.73
Day's Range	63.51 - 64.80
Day's Volume	7,500,218
52-Week Range	31.13 - 64.80

More Stats

Market Cap	71.50B
Enterprise Value	70.54B
Earnings Date (est)	Jan 7, 2021
Ex-Dividend Date	n/a
Shares Outstanding	1.11B
Float	1.11B
EPS (basic)	2.42
EPS (diluted)	2.37
FCF / Share	0.08

Dividend	n/a
Dividend Yield	n/a
Earnings Yield	3.69%
FCF Yield	0.12%
Payout Ratio	n/a
Shares Short	28.76M
Short Ratio	1.86
Short % of Float	2.59%
Beta	1.26

PE Ratio	27.10
Forward PE	17.57
P/FCF Ratio	861.47
PS Ratio	3.34
PB Ratio	1.81
Revenue	21.44B
Operating Income	3.00B
Net Income	2.69B
Free Cash Flow	83.00M

Net Cash	966.00M
Net Cash / Share	0.87
Gross Margin	30.57%
Operating Margin	14.01%
Profit Margin	12.50%
FCF Margin	0.39%
ROA	3.73%
ROE	7.14%
ROIC	7.40%

Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (35)

Buy	27
Overweight	1
Hold	5
Underweight	1
Sell	1

What these ratings mean

Analyst Consensus: Buy

Price Target

$65.47*

(1.93% upside)

Low

35.0

Current: $64.23

High

117.0

Target: 65.47

*Average 12-month price target from 30 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	21,435	23,406	30,391	20,322	12,399	16,192	16,358	9,073	8,234	8,788
Revenue Growth	-8.42%	-22.98%	49.55%	63.9%	-23.43%	-1.01%	80.29%	10.19%	-6.3%	-
Gross Profit	6,552	10,702	17,891	8,436	2,505	5,215	5,437	1,847	968	1,758
Operating Income	3,003	7,376	14,994	5,868	168	2,998	3,087	236	-612	761
Net Income	2,687	6,313	14,135	5,089	-276	2,899	3,045	1,190	-1,032	167
Shares Outstanding	1,110	1,114	1,152	1,089	1,036	1,070	1,060	1,022	991	988
Earnings Per Share	2.37	5.51	11.51	4.41	-0.27	2.47	2.54	1.13	-1.04	0.17
EPS Growth	-56.99%	-52.13%	161%	-	-	-2.76%	124.78%	-	-	-
Operating Cash Flow	8,306	13,189	17,400	8,153	3,168	5,208	5,699	1,811	2,114	2,484
Capital Expenditures	-8,223	-9,780	-8,879	-4,734	-5,817	-4,021	-3,107	-1,442	-1,699	-2,423
Free Cash Flow	83.00	3,409	8,521	3,419	-2,649	1,187	2,592	369	415	61.00
Cash & Equivalents	8,142	7,955	6,802	5,428	4,398	3,521	4,534	3,657	2,559	2,160
Total Debt	7,176	5,851	4,639	11,155	9,910	7,390	6,579	6,037	3,262	2,001
Net Cash / Debt	966	2,104	2,163	-5,727	-5,512	-3,869	-2,045	-2,380	-703	159
Assets	53,678	48,887	43,376	35,336	27,540	24,143	22,416	19,118	14,328	14,752
Liabilities	14,682	12,019	10,112	15,845	14,612	10,855	10,786	9,112	5,911	4,900
Book Value	38,996	35,881	32,294	18,621	12,080	12,302	10,760	9,142	7,700	8,470

Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name	Micron Technology, Inc.
Country	United States
Employees	40,000
CEO	Sanjay Mehrotra

Stock Information

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

Description

Micron Technology designs, manufactures, and sells memory and storage products 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, and 3D XPoint memory under the Micron and Crucial brands, as well as through private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking 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; 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 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.