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Micron Technology Inc Stock Research

MU

67.90USD-1.78(-2.55%)Market Closed
Watchlist

Market Summary

USD67.90-1.78
Market Closed
-2.55%

MU Alerts

  • 2 major insider sales recently.

MU Stock Price

MU RSI Chart

MU Valuation

Market Cap

76.3B

Price/Earnings (Trailing)

-26.21

Price/Sales (Trailing)

4.2

EV/EBITDA

14.93

Price/Free Cashflow

-16.09

MU Price/Sales (Trailing)

MU Profitability

EBT Margin

9.08%

Return on Equity

3.41%

Return on Assets

2.42%

Free Cashflow Yield

-6.21%

MU Fundamentals

MU Revenue

Revenue (TTM)

18.2B

Revenue Y/Y

-56.58%

Revenue Q/Q

1.6%

MU Earnings

Earnings (TTM)

-2.9B

Earnings Y/Y

-172.2%

Earnings Q/Q

17.99%

Price Action

52 Week Range

48.4374.77
(Low)(High)

Last 7 days

-1.6%

Last 30 days

8.9%

Last 90 days

5.2%

Trailing 12 Months

37.2%

MU Financial Health

Current Ratio

4.17

Debt/Equity

0.25

Debt/Cashflow

0.74

MU Investor Care

Dividend Yield

0.66%

Dividend/Share (TTM)

0.46

Buy Backs (1Y)

1.53%

Diluted EPS (TTM)

-2.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MU

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-12
MEHROTRA SANJAY
sold
-498,077
71.1539
-7,000
ceo and president
2023-09-12
MEHROTRA SANJAY
acquired
290,920
41.56
7,000
ceo and president
2023-09-06
MEHROTRA SANJAY
sold
-490,770
70.11
-7,000
ceo and president
2023-09-06
MEHROTRA SANJAY
acquired
290,920
41.56
7,000
ceo and president
2023-08-31
MEHROTRA SANJAY
sold
-2,100,000
70.00
-30,000
ceo and president
2023-08-31
MEHROTRA SANJAY
acquired
1,246,800
41.56
30,000
ceo and president
2023-08-29
MEHROTRA SANJAY
sold
-463,803
66.2575
-7,000
ceo and president
2023-08-29
MEHROTRA SANJAY
acquired
290,920
41.56
7,000
ceo and president
2023-08-22
MEHROTRA SANJAY
acquired
290,920
41.56
7,000
ceo and president
2023-08-22
MEHROTRA SANJAY
sold
-447,518
63.9312
-7,000
ceo and president

1–10 of 50

Which funds bought or sold MU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
Mondrian Investment Partners LTD
reduced
-26.87
-22,065,400
71,778,200
1.44%
2023-09-14
IMS Capital Management
sold off
-100
-202,501
-
-%
2023-09-13
CGC Financial Services, LLC
new
-
316
316
-%
2023-09-12
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
sold off
-100
-9,049,500
-
-%
2023-09-12
Farther Finance Advisors, LLC
added
10.06
12,870
98,010
0.02%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
reduced
-34.48
-4,406
9,593
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
11,234
11,234
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
28.00
632
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
757
6,369
-%
2023-08-25
Gould Capital, LLC
reduced
-3.81
5,741
954,286
0.73%

1–10 of 46

Latest Funds Activity

Are funds buying MU calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MU
No. of Funds

Schedule 13G FIlings of Micron Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital research global investors
5.9%
64,749,634
SC 13G
Feb 09, 2023
vanguard group inc
8.39%
91,568,443
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
86,062,636
SC 13G/A
Mar 11, 2022
blackrock inc.
7.6%
84,819,452
SC 13G/A
Feb 10, 2022
vanguard group inc
7.99%
89,470,520
SC 13G/A
Feb 08, 2022
blackrock inc.
7.6%
84,819,452
SC 13G
Feb 10, 2021
vanguard group inc
7.85%
87,622,245
SC 13G/A
Feb 05, 2021
blackrock inc.
7.5%
84,264,547
SC 13G/A
Feb 12, 2020
primecap management co/ca/
5.03%
55,877,289
SC 13G/A
Feb 12, 2020
vanguard group inc
7.89%
87,715,923
SC 13G/A

Recent SEC filings of Micron Tech

View All Filings
Date Filed Form Type Document
Sep 14, 2023
4
Insider Trading
Sep 08, 2023
4
Insider Trading
Aug 31, 2023
144
Notice of Insider Sale Intent
Aug 31, 2023
4
Insider Trading
Aug 24, 2023
4
Insider Trading
Aug 21, 2023
8-K
Current Report
Aug 17, 2023
4
Insider Trading
Aug 16, 2023
144
Notice of Insider Sale Intent
Aug 16, 2023
4
Insider Trading
Aug 14, 2023
144
Notice of Insider Sale Intent

MU Fair Value

Loading...

Peers (Alternatives to Micron Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-10.07% 220.66%
101.17
31.96
9.90% 33.38%
343.0B
35.5B
-4.00% 72.51%
25.06
9.68
11.91% 53.33%
161.9B
21.9B
-7.28% 33.34%
-6.5K
7.4
1.39% -100.80%
147.2B
18.8B
-3.48% -1.61%
19.15
7.82
-3.94% -10.38%
145.1B
54.0B
4.68% 22.88%
-157.35
2.68
-26.36% -104.83%
18.1B
3.0B
-6.86% 26.95%
115.58
6.05
20.63% -17.29%
11.7B
722.9M
-7.22% 65.38%
56.93
16.13
23.44% 50.75%
MID-CAP
5.5B
6.9B
-12.42% 23.72%
9.5
0.8
6.33% -16.28%
4.5B
514.5M
-4.14% 15.96%
49.9
8.77
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-2.70% 33.62%
-44.3
0.67
-7.23% -137.93%
877.0M
1.1B
-12.41% 10.30%
38.86
0.82
-8.91% -64.16%
790.1M
691.3M
-8.49% -14.61%
63.9
1.14
-11.09% -97.27%
483.0M
122.0M
-0.73% -25.65%
-15.55
3.96
-9.27% -3581.39%
309.4M
250.2M
-8.00% -30.79%
-7.81
1.24
-43.50% -156.17%

Micron Tech News

Benzinga
Micron Tech Has Strong Demand And Competitive Edge For 2024, Deutsche Bank Upgrades To Buy - Micron Techn.
Benzinga,
3 days ago
Yahoo Finance
International Business Times

Returns for MU

Cumulative Returns on MU

15.1%


10-Year Cumulative Returns

21.8%


7-Year Cumulative Returns

9.4%


5-Year Cumulative Returns

11.4%


3-Year Cumulative Returns

Risks for MU

What is the probability of a big loss on MU?

97.7%


Probability that Micron Tech stock will be more than 20% underwater in next one year

57.3%


Probability that Micron Tech stock will be more than 30% underwater in next one year.

30.8%


Probability that Micron Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MU drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Micron Tech was unfortunately bought at previous high price.

Drawdowns

Financials for Micron Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-21.2%18,17323,06327,15630,75832,38931,16929,61927,70525,48723,50322,06421,43520,24919,59920,63723,40626,97629,98531,50130,39128,089
Gross Profit-74.1%1,6416,34411,22613,89815,18814,27912,25210,4238,5797,2166,9226,5525,8795,9447,45310,70214,45817,35318,75917,89115,852
  S&GA Expenses-4.4%9811,0261,0581,0661,022988939894889875884881862852838836839844831813791
  R&D Expenses-0.5%3,2343,2493,2533,1162,9822,8792,7282,6632,5882,5672,6072,6002,5932,5502,4702,4412,3852,3822,3042,1412,021
EBITDA-100.0%-9,88914,43516,87618,00016,55614,47612,61510,7539,6879,2998,8278,1957,9579,363------
EBITDA Margin-100.0%-0.43*0.53*0.55*0.56*0.53*0.49*0.46*0.42*0.41*0.42*0.41*0.40*0.41*0.45*------
Interest Expenses32.8%304229195189191193180183186191195194183161142128139190251342440
Earnings Before Taxes-226.4%-2,6472,0946,8749,57110,9549,7727,8986,2184,4073,4713,2632,9832,5132,3593,8367,04810,73913,73915,28814,30712,282
EBT Margin-100.0%-0.09*0.25*0.31*0.34*0.31*0.27*0.22*0.17*0.15*0.15*0.14*0.12*0.12*0.19*------
Net Income-280.7%-2,9111,6116,1868,6879,9159,0247,3645,8614,1293,1972,9992,6872,2602,2973,5116,31310,07713,06014,75014,13512,178
Net Income Margin-100.0%-0.07*0.23*0.28*0.31*0.29*0.25*0.21*0.16*0.14*0.14*0.13*0.11*0.12*0.17*------
Free Cashflow100.0%--1,9449353,1144,8194,8603,8822,438560-662-75683.002975261,367------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.3%65,68066,52067,87466,28365,29663,69661,24658,84955,94354,13553,69153,67852,00549,64849,64948,88746,28847,48744,59543,37641,845
  Current Assets-0.7%21,73421,89822,92121,78122,70821,50220,19119,90718,56117,27916,52917,96517,89915,97616,16716,50315,06616,55015,03916,03915,499
    Cash Equivalents-5.1%9,2989,7989,5748,2629,2619,2248,7637,8297,8266,5746,0527,6908,3207,1717,0957,2795,2346,4294,5256,5876,927
  Inventory1.3%8,2388,1298,3596,6635,6295,3834,8274,4874,5374,7435,5215,3735,4055,2084,9435,1184,9054,3903,8763,5903,369
  Net PPE-------------30,08129,64729,35228,24027,13826,20424,80723,67222,705
  Goodwill2.0%1,2521,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,228
Liabilities5.3%20,27519,26318,56816,37616,01515,85115,33814,91613,68413,47213,78414,68214,08712,52713,05112,0199,99911,9589,75710,11212,322
  Current Liabilities-2.9%5,1045,2556,5257,5397,0096,9186,5126,4245,4625,4335,6886,6356,1855,8226,3176,3905,3977,3615,1895,7545,883
  Long Term Debt7.9%12,98612,03710,0946,8036,8566,9536,9046,6216,4186,2986,3566,3736,3565,1885,1884,5413,5633,6043,7343,7775,890
Shareholder's Equity-3.9%45,40547,25749,30649,90749,28147,84545,90843,93342,25940,66339,90738,99637,82037,02336,50036,77036,19035,43034,73933,16429,518
  Retained Earnings-4.6%42,39144,42646,87347,27445,91643,40741,26739,05136,45234,72334,13833,38432,40231,60231,21830,76130,20129,36427,76924,39520,070
  Additional Paid-In Capital1.4%10,78210,63310,33510,1979,9509,8169,5649,4539,2859,2349,0348,9178,7648,7258,4288,2148,2178,1438,3508,2018,869
Shares Outstanding0.1%1,0951,0941,0911,0941,1121,1191,1191,1191,1211,1201,1151,1131,1111,1111,1071,1061,1051,1141,1331,1611,159
Minority Interest----------------889867863870870869
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-42.8%5,0878,90112,18615,18115,28815,01014,43912,46810,8559,3188,2628,3068,2688,95610,39013,18916,11117,66118,57417,40015,448
  Share Based Compensation2.5%584570542514471436404378374360348328306282254243223213208198208
Cashflow From Investing13.3%-9,185-10,590-11,366-11,585-10,295-9,791-9,656-10,589-10,793-10,664-9,818-7,589-5,951-6,065-6,847-10,085-11,114-11,292-11,209-8,216-7,365
Cashflow From Financing74.9%4,2552,433165-2,980-3,484-2,551-2,080-1,781-619681461-317757-2,162-995-2,438-6,663-7,839-8,929-7,776-5,301
  Dividend Payments3.1%504489475461335224112--------------
  Buy Backs0.9%9008928952,4321,1681,1701,1791,20057.0094.001441762053209822,7292,7292,5741,88671.00139

MU Income Statement

2023-06-01
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Jun. 01, 2023
Jun. 02, 2022
Jun. 01, 2023
Jun. 02, 2022
Income Statement [Abstract]    
Revenue$ 3,752$ 8,642$ 11,530$ 24,115
Cost of goods sold4,4204,60712,51112,839
Gross margin(668)4,035(981)11,276
Research and development7587732,3952,277
Selling, general, and administrative219264701786
Restructure and asset impairments68016743
Other operating (income) expense, net48(6)29(11)
Operating income (loss)(1,761)3,004(4,273)8,181
Interest income1272033442
Interest expense(119)(44)(259)(144)
Other non-operating income (expense), net08(2)(61)
Income (loss) before income taxes, net income (loss) attributable to noncontrolling interests, and equity in net income (loss) of equity method investees(1,753)2,988(4,200)8,018
Income tax (provision) benefit(139)(358)(201)(832)
Equity in net income (loss) of equity method investees(4)(4)(2)9
Net income (loss)$ (1,896)$ 2,626$ (4,403)$ 7,195
Earnings (loss) per share    
Basic (in dollars per share)$ (1.73)$ 2.36$ (4.03)$ 6.44
Diluted (in dollars per share)$ (1.73)$ 2.34$ (4.03)$ 6.38
Number of shares used in per share calculations    
Basic (in shares)1,0941,1121,0921,117
Diluted (in shares)1,0941,1211,0921,127

MU Balance Sheet

2023-06-01
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 01, 2023
Sep. 01, 2022
Assets  
Cash and equivalents$ 9,298$ 8,262
Short-term investments1,0541,069
Receivables2,4295,130
Inventories8,2386,663
Other current assets715657
Total current assets21,73421,781
Long-term marketable investments[1]9731,647
Property, plant, and equipment38,72738,549
Operating lease right-of-use assets655678
Intangible assets410421
Deferred tax assets708702
Goodwill1,2521,228
Other noncurrent assets1,2211,277
Total assets65,68066,283
Liabilities and equity  
Accounts payable and accrued expenses4,1776,090
Current debt259103
Other current liabilities6681,346
Total current liabilities5,1047,539
Long-term debt12,9866,803
Noncurrent operating lease liabilities603610
Noncurrent unearned government incentives632589
Other noncurrent liabilities950835
Total liabilities20,27516,376
Commitments and contingencies
Shareholders’ equity  
Common stock, $0.10 par value, 3,000 shares authorized, 1,236 shares issued and 1,095 outstanding (1,226 shares issued and 1,094 outstanding as of September 1, 2022)124123
Additional capital10,78210,197
Retained earnings42,39147,274
Treasury stock, 141 shares held (132 shares as of September 1, 2022)(7,552)(7,127)
Accumulated other comprehensive income (loss)(340)(560)
Total equity45,40549,907
Total liabilities and equity$ 65,680$ 66,283
[1]The maturities of long-term marketable securities primarily range fromone tofour years.
Sanjay Mehrotra
43000
Micron Technology, Inc. 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 provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers 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 wafers; 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.