MU - Micron Technology, Inc.
| Previous close | 59.18 |
| Open | 58.53 |
| Bid | 57.71 x 900 |
| Ask | 57.72 x 3100 |
| Day's range | 57.30 - 59.10 |
| 52-week range | 26.85 - 64.66 |
| Volume | 41,758,994 |
| Avg. volume | 53,796,550 |
| Market cap | 67.533B |
| Beta | 1.55 |
| PE ratio (TTM) | 7.03 |
| EPS (TTM) | 8.29 |
| Earnings date | 20 Jun 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 1996-05-07 |
| 1y target est | 76.79 |
- Yahoo Finance•11 hours ago
OPEC meeting — What you need to know for the week ahead
OPEC's meeting in Vienna should be the highlight in the week ahead as economic and earnings action in the U.S. should be more muted.
- Investor's Business Daily•2 hours ago
Dow Jones Futures: These 5 Chip Stocks Are Near Buy Points
Dow Jones futures were steady Sunday. Five chip stocks are near buy points: Micron Technology, Texas Instruments, Broadcom, ASML and Entergis. Micron reports earnings this week.
- Motley Fool•yesterday
Forget Intel. Here Are 3 Better Chip Stocks to Buy
Other companies offer better risk-to-reward propositions than Chipzilla.
- MarketWatch•yesterday
Micron earnings: China probe poses wild card for highflying stock
Micron Technology Inc. faces many questions when it reports earnings, with the most important focusing on concern that memory-chip prices have wandered too high even amid continued strong demand from data centers. Micron (MU) is expected to report earnings after the bell on Wednesday. Chinese regulators launched a probe into memory chip makers like Micron, Samsung Electronics Co Ltd. (005930.KS) and SK Hynix Inc. (000660.KS) earlier this month.
- The Wall Street Journal•2 days ago
[$$] The Hidden Cost of Trying to Land Amazon’s HQ2
When semiconductor-maker Micron Technology Inc. approached economic-development officials in Virginia about a tax-incentive package for a $1 billion expansion of its Manassas site, it got the cold shoulder. The state was too busy working to win its bid for Amazon.com Inc.’s second headquarters project, according to a person involved in the discussions. Now, the company is negotiating with officials in New York about taking the project—and the 500 new employees it would require—there, said the person.
CNBC•2 days agoCramer's game plan: Curb your enthusiasm as trade debacle escalates
Jim Cramer admits that tariffs and interest rates have made investing harder ahead of what looks to be a positive week of earnings reports.
- Zacks•2 days ago
Upcoming Tech Earnings to Watch: ORCL, MU, RHT
A great first quarter earnings season for the sector was met with lukewarm reactions, but volatility has eased and tech stocks are all the rage once again. Make sure to keep an eye on these tech companies as they prepare to report during the week of June 18.
Market Realist•2 days agoHere’s How Micron Is Extending Its NAND Leadership
In the previous article, we saw that Micron Technology (MU) is shifting its focus to high-value memory solutions and technology innovations.
Market Realist•2 days agoWhy Morgan Stanley Went Neutral on Micron
According to a CNBC article dated May 9, Morgan Stanley analyst Joseph Moore, in a client note, reiterated an “overweight” rating and a $65 price target for Micron Technology (MU) since he saw strong memory demand from cloud companies. A more diversified memory demand from the PC, smartphone, and cloud data center markets could also keep demand healthy. Micron stock was close to Morgan Stanley’s $65 price target at the end of May, which was earlier than expected.
- Zacks•3 days ago
Nasdaq Composite Closes at Record High: 5 Top-Ranked Picks
Fierce competition from tech behemoths has completely altered the market landscape, compelling telecom, cable TV and media operators to band together in order to survive.
Market Realist•3 days agoMicron Is on Track to Report Double-Digit EPS in Fiscal 2018
Micron Technology (MU) operates in a cyclical market, where a cyclical upturn brings windfall gains and a cyclical downturn significantly reduces profits. As prices are not in Micron’s control, one way in which it improves its profits is by reducing its production and operating costs through advanced technology nodes. This strategy has reduced its DRAM (dynamic random-access memory) cost gap with Samsung (SSNLF) and SK Hynix.
Market Realist•3 days agoMicron Technology Stock Is Sensitive to Morgan Stanley’s Ratings
On May 8, he gave a bullish rating of “overweight” and a price target of $65. At that time, Micron was trading at a 38% discount of $48.60. Analysts calculate the price target of a stock by applying a price ratio to their estimates for the company’s earnings and cash flows for the next few quarters.
- Zacks•3 days ago
Zacks Investment Ideas feature highlights: Micron Technology, Nvidia, Tokyo Electron, CREE and Vishay Intertechnology
Zacks Investment Ideas feature highlights: Micron Technology, Nvidia, Tokyo Electron, CREE and Vishay Intertechnology
- Market Realist•3 days ago
Micron Expects Its Quarterly EPS to Cross the $3.0 Mark
Micron Technology’s (MU) earnings rose faster than its revenue as the company invested in advanced DRAM (dynamic random-access memory) and NAND (negative AND) technology that helped it to reduce the cost gap with rivals Samsung (SSNLF) and SK Hynix. In fiscal Q2 2018, Micron reported non-GAAP (generally accepted accounting principles) EPS of $2.82, beating analysts’ consensus estimate of $2.71 and the upper range of its revised guidance of $2.70–$2.75. Its previous EPS guidance range for fiscal Q2 2018 was $2.51–$2.65.
