Micron Technology, Inc. (MU)
NASDAQ: MU · IEX Real-Time Price · USD
132.59
+1.07 (0.81%)
At close: Jul 2, 2024, 4:00 PM
132.60
+0.01 (0.01%)
After-hours: Jul 2, 2024, 7:59 PM EDT

Micron Technology Statistics

Total Valuation

MU has a market cap or net worth of $147.02 billion. The enterprise value is $152.51 billion.

Market Cap 147.02B
Enterprise Value 152.51B

Important Dates

The last earnings date was Wednesday, June 26, 2024, after market close.

Earnings Date Jun 26, 2024
Ex-Dividend Date Jul 8, 2024

Share Statistics

MU has 1.11 billion shares outstanding. The number of shares has increased by 2.65% in one year.

Shares Outstanding 1.11B
Shares Change (YoY) +2.65%
Shares Change (QoQ) +0.81%
Owned by Insiders (%) 0.27%
Owned by Institutions (%) 84.66%
Float 1.10B

Valuation Ratios

PE Ratio n/a
Forward PE 24.25
PS Ratio 6.88
Forward PS 4.51
PB Ratio 3.32
P/FCF Ratio n/a
PEG Ratio 1.12
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.14
EV / EBITDA 23.28
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 3.41, with a Debt / Equity ratio of 0.31.

Current Ratio 3.41
Quick Ratio 1.98
Debt / Equity 0.31
Debt / EBITDA 2.12
Debt / FCF n/a
Interest Coverage -2.13

Financial Efficiency

Return on equity (ROE) is -3.50% and return on invested capital (ROIC) is -2.91%.

Return on Equity (ROE) -3.50%
Return on Assets (ROA) -2.40%
Return on Capital (ROIC) -2.91%
Revenue Per Employee $497,000
Profits Per Employee -$35,791
Employee Count 43,000
Asset Turnover 0.33
Inventory Turnover 2.26

Taxes

Income Tax -196.00M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +107.50% in the last 52 weeks. The beta is 1.21, so MU's price volatility has been higher than the market average.

Beta (5Y) 1.21
52-Week Price Change +107.50%
50-Day Moving Average 127.69
200-Day Moving Average 95.80
Relative Strength Index (RSI) 47.72
Average Volume (20 Days) 28,486,741

Short Selling Information

The latest short interest is 29.00 million, so 2.62% of the outstanding shares have been sold short.

Short Interest 29.00M
Short Previous Month 26.49M
Short % of Shares Out 2.62%
Short % of Float 2.62%
Short Ratio (days to cover) 1.87

Income Statement

In the last 12 months, MU had revenue of $21.37 billion and -$1.54 billion in losses. Loss per share was -$1.42.

Revenue 21.37B
Gross Profit 2.44B
Operating Income -1.69B
Pretax Income -1.74B
Net Income -1.54B
EBITDA 6.55B
EBIT -1.18B
Loss Per Share -$1.42
Full Income Statement

Balance Sheet

The company has $8.38 billion in cash and $13.87 billion in debt, giving a net cash position of -$5.49 billion or -$4.95 per share.

Cash & Cash Equivalents 8.38B
Total Debt 13.87B
Net Cash -5.49B
Net Cash Per Share -$4.95
Equity (Book Value) 44.23B
Book Value Per Share 39.88
Working Capital 16.48B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.35 billion and capital expenditures -$6.73 billion, giving a free cash flow of -$1.38 billion.

Operating Cash Flow 5.35B
Capital Expenditures -6.73B
Free Cash Flow -1.38B
FCF Per Share -$1.24
Full Cash Flow Statement

Margins

Gross margin is 11.42%, with operating and profit margins of -7.91% and -7.20%.

Gross Margin 11.42%
Operating Margin -7.91%
Pretax Margin -8.12%
Profit Margin -7.20%
EBITDA Margin 30.65%
EBIT Margin -5.52%
FCF Margin -6.44%

Dividends & Yields

This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 0.35%.

Dividend Per Share $0.46
Dividend Yield 0.35%
Dividend Growth (YoY) n/a
Years of Dividend Growth 3
Payout Ratio n/a
Buyback Yield -2.65%
Shareholder Yield -2.30%
Earnings Yield -1.05%
FCF Yield -0.94%
Dividend Details

Analyst Forecast

The average price target for MU is $155.72, which is 17.45% higher than the current price. The consensus rating is "Strong Buy".

Price Target $155.72
Price Target Difference 17.45%
Analyst Consensus Strong Buy
Analyst Count 26
Revenue Growth Forecast (5Y) 18.62%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 2, 2000. It was a forward split with a ratio of 2:1.

Last Split Date May 2, 2000
Split Type Forward
Split Ratio 2:1

Scores

MU has an Altman Z-Score of 5.42 and a Piotroski F-Score of 5.

Altman Z-Score 5.42
Piotroski F-Score 5