Micron Technology Statistics
Total Valuation
MU has a market cap or net worth of $118.23 billion. The enterprise value is $123.54 billion.
| Market Cap | 118.23B |
| Enterprise Value | 123.54B |
Important Dates
The last earnings date was Wednesday, March 20, 2024, after market close.
| Earnings Date | Mar 20, 2024 |
| Ex-Dividend Date | Mar 28, 2024 |
Share Statistics
MU has 1.11 billion shares outstanding. The number of shares has increased by 2.11% in one year.
| Shares Outstanding | 1.11B |
| Shares Change (YoY) | +2.11% |
| Shares Change (QoQ) | +1.27% |
| Owned by Insiders (%) | 0.28% |
| Owned by Institutions (%) | 84.99% |
| Float | 1.10B |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 39.11 |
| PS Ratio | 6.46 |
| Forward PS | 4.16 |
| PB Ratio | 2.70 |
| P/FCF Ratio | n/a |
| PEG Ratio | 1.12 |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 6.75 |
| EV / EBITDA | 30.47 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 3.74, with a Debt / Equity ratio of 0.33.
| Current Ratio | 3.74 |
| Quick Ratio | 2.13 |
| Debt / Equity | 0.33 |
| Debt / EBITDA | 3.53 |
| Debt / FCF | n/a |
| Interest Coverage | -7.02 |
Financial Efficiency
Return on equity (ROE) is -8.50% and return on invested capital (ROIC) is -7.17%.
| Return on Equity (ROE) | -8.50% |
| Return on Assets (ROA) | -5.80% |
| Return on Capital (ROIC) | -7.17% |
| Revenue Per Employee | $425,860 |
| Profits Per Employee | -$87,605 |
| Employee Count | 43,000 |
| Asset Turnover | 0.28 |
| Inventory Turnover | 2.22 |
Taxes
| Income Tax | -434.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +76.04% in the last 52 weeks. The beta is 1.28, so MU's price volatility has been higher than the market average.
| Beta (1Y) | 1.28 |
| 52-Week Price Change | +76.04% |
| 50-Day Moving Average | 102.41 |
| 200-Day Moving Average | 80.57 |
| Relative Strength Index (RSI) | 41.25 |
| Average Volume (30 Days) | 21,872,238 |
Short Selling Information
The latest short interest is 22.82 million, so 2.06% of the outstanding shares have been sold short.
| Short Interest | 22.82M |
| Short Previous Month | 20.75M |
| Short % of Shares Out | 2.06% |
| Short % of Float | 2.07% |
| Short Ratio (days to cover) | 0.83 |
Income Statement
In the last 12 months, MU had revenue of $18.31 billion and -$3.77 billion in losses. Loss per share was -$3.45.
| Revenue | 18.31B |
| Gross Profit | -59.00M |
| Operating Income | -4.17B |
| Pretax Income | -4.20B |
| Net Income | -3.77B |
| EBITDA | 4.06B |
| EBIT | -3.68B |
| Loss Per Share | -$3.45 |
Balance Sheet
The company has $9.01 billion in cash and $14.32 billion in debt, giving a net cash position of -$5.31 billion or -$4.79 per share.
| Cash & Cash Equivalents | 9.01B |
| Total Debt | 14.32B |
| Net Cash | -5.31B |
| Net Cash Per Share | -$4.79 |
| Equity / Book Value | 43.87B |
| Book Value Per Share | 39.62 |
| Working Capital | 17.18B |
Cash Flow
In the last 12 months, operating cash flow was $2.89 billion and capital expenditures -$6.20 billion, giving a free cash flow of -$3.31 billion.
| Operating Cash Flow | 2.89B |
| Capital Expenditures | -6.20B |
| Free Cash Flow | -3.31B |
| FCF Per Share | -$3.00 |
Margins
Gross margin is -0.32%, with operating and profit margins of -22.77% and -20.57%.
| Gross Margin | -0.32% |
| Operating Margin | -22.77% |
| Pretax Margin | -22.94% |
| Profit Margin | -20.57% |
| EBITDA Margin | 22.14% |
| EBIT Margin | -20.08% |
| FCF Margin | -18.07% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 0.43%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 0.43% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 3 |
| Payout Ratio | n/a |
| Buyback Yield | -2.11% |
| Shareholder Yield | -1.68% |
| Earnings Yield | -3.19% |
| FCF Yield | -2.80% |
Analyst Forecast
The average price target for MU is $123.64, which is 15.80% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $123.64 |
| Price Target Difference | 15.80% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 26 |
| Revenue Growth Forecast (5Y) | 16.53% |
| EPS Growth Forecast (5Y) | n/a |
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 4.51 and a Piotroski F-Score of 2.
| Altman Z-Score | 4.51 |
| Piotroski F-Score | 2 |