Does The Data Supplment Micron Technology, Inc. (NASDAQ:MU) Movement?


Micron Technology, Inc. (NASDAQ:MU) closed its last session at $42.82. The stock traded within a range of $42.62 and $44.00. The company operates in the Technology sector with a market capitalization of 50.68 Million. Trading volume for Micron Technology, Inc. was 39.4 Million in its previous trading session. Currently, Micron Technology, Inc. (NASDAQ:MU) has an average volume of 39.63 Million.

Company Profile

Micron Technology, Inc., is one of the world’s leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron’s common stock is traded on the New York Stock Exchange (NYSE) under the MU symbol. Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. Lexar and the Lexar logo are trademarks of Lexar Media, Inc. All other trademarks are the property of their respective owners.

Analyst Views

Micron Technology, Inc. (NASDAQ:MU) received a Buy rating from 7 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

Micron Technology, Inc. (NASDAQ:MU) touched its 1-Year High price of $49.89 on 11/22/17 and its 1-Year Low price of $21.49 on 01/19/17.

EPS & Financials

Micron Technology, Inc. (NASDAQ:MU) reported its EPS in the last quarter as $2.45/Share beating the analyst estimate of $2.21/Share by a difference of $0.24. This showed a surprise of 10.9% in the last quarter earnings.

For the current quarter, 23 analysts are projecting a mean EPS of $2.57/share. According to their observations and findings, the stock could provide a high EPS of $2.64/share and a low EPS of $2.51/share.

Analysts believe that the company has the potential to earn average revenue of $7.02 Billion for the current quarter. According to their predictions high & low revenue estimates are 7.1 Billion and 6.88 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with HIGH volatility. Micron Technology, Inc. (NASDAQ:MU) has a 20-Day average volume of 43.4 Million. According to today’s trading volume Micron Technology, Inc. is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.2 Percent and Institutional ownership of 85.2 Percent. The return on assets stands at 22%, Return on Equity currently is 42.4% and the Return on Investment value is 19.2%.

Micron Technology, Inc. (NASDAQ:MU) gross margin percentage stands at 48.2% while its operating margin for the past trailing twelve month is 36.2 percent and its overall profit margin (ttm) is 32.8 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -1.72% with a 50-Day Simple Moving Average of -3.14 percent. As of today, the company has a SMA200 (200-day simple moving average) of 22.73 Percent. The Stock has YTD (year to date) performance of 4.13 percent.

The TTM operating margin for the company stands at 36.2%. The return on invested capital is at 19.2%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 9.7.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 22.73%, and has a solid year to date (YTD) performance of 4.13% which means that the stock is constantly adding to its value from the previous fiscal year end price.