Insider Trading in Action: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) exchanged hands 20,600,000 shares versus average trading capacity of 25.56M shares, while its relative trading volume is 0.81. Micron Technology, Inc. (NASDAQ:MU)’s total market worth is $23.62B along with 1.10B outstanding shares.

Insiders has most recently took part in a trading activity, Shirley Brian, VP Memory Solutions of the company in a transaction that occurred 1/6/2017 sold 25,830 shares of the stock. The stock was sold at a price of $22.08, for a total value of $570,430. Subsequent to the transaction Shirley Brian owned a total of 313,292 shares of the stock.

In a separate transaction on 1/6/2017, Shirley Brian, VP Memory Solutions sold 64,750 shares of the stock. The stock was sold at a price of $22.10, for a total worth of $1,430,774. Succeeding to the transaction Shirley Brian owned overall 339,122 shares of the stock.

Moreover, Deboer Scott J, VP Technology Development sold 10,000 shares of the stock in a reserved transaction that ensued on 12/22/2016. At a price of $22.94, the stock was sold for an entire value of $229,369. Consequent to the transaction Deboer Scott J owned a total of 190,232 shares of the stock.

Currently, 0.40% shares of Micron Technology, Inc. (NASDAQ:MU) are owned by insiders with -9.10% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For Micron Technology, Inc. (NASDAQ:MU) total 36 number of trades held during last 3 months and 49 during last 12 months, out of them 13 numbers of buys held in last 3 months and 15 buys in last 12 months. Whereas 23 numbers of sells held in last 3 months and 34 sells over the past 12 months.

For the duration of last three months Micron Technology, Inc. (NASDAQ:MU)’s total number of shares bought are 619,207 and sold 376,691 from a total of 995,898 traded shares. During last twelve months 647,207 number of shares bought and 883,850 sold from a total of 1,531,057 shares traded. A net activity of 242,516 took place in the course of three months, while 236,643 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

Micron Technology, Inc. (NASDAQ:MU) ended last trading session at the price of $22.48 whereas a number of traders indicating mean target price will hit $26.58 over the next twelve months, mean value of price target most recently revised on 01/03/17. Micron Technology, Inc. (NASDAQ:MU)’s highest estimates of price target are $33.00 and low forecast is $11.50 based on the opinion of 25 analysts. The price target estimates represents a standard deviation of 6.30. However brokerage recommendations suggests an ABR of 1.55 based on calls of 19 experts.

Micron Technology, Inc. (NASDAQ:MU) is expected to release the earnings of its current quarter on 3/29/17. The company is expected to release $0.63 EPS during current quarter according to 21 analysts whereas the company reported $-0.05 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.54 and high estimate of $0.69. Micron Technology, Inc. (NASDAQ:MU)’s average revenue estimates for the current quarter are $4.51B according to 22 number of analysts. However its lowest revenue estimates are $4.37B and highest revenue estimates are $4.63B. A year ago the company’s sales were $2.93B. Its yearly sales growth estimates are 53.60%. Past 5 years growth of Micron Technology, Inc. (NASDAQ:MU) observed at 19.07%, and for the next five years the analysts that follow this company are expecting its growth at 1.00%.

Stock in Limelight: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price plunged -0.32% or -0.07 points to reach at $22.04 during previous trading session. The stock’s price fluctuated within the range of $21.98 – $22.28 during previous trading session. A total of 17.78M shares exchanged hands, whereas the company’s average trading volume stands at 27.90M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $22.94B and most recently 1.04B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for Micron Technology, Inc. (NASDAQ:MU) is at 60.83.

According to sentiments of 25 analysts the mean estimates of short term price target for the company’s stock is marked at $26.58. The most optimistic analyst sees the stock reaching $33 while the most conventional predicts the target price at $11.50.

The consensus mean EPS for the current quarter is at $0.63 derived from a total of 22 estimates. According to analysts minimum EPS for the current quarter is expected at $0.54 and can go high up to $0.69. However a year ago during same quarter Micron Technology, Inc. (NASDAQ:MU) reported $-0.05 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.69 per share according to consensus of 21 analysts.

According to sentiments of 22 analysts the company is expected to report revenues of $4.51B for the current quarter. Bearish revenue estimates established at $4.37B while the bullish revenue forecast has been figured out at $4.63B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.86 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 12 recommend the stock as Outperform. 3 have given the stock a Hold rating, 3 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Micron Technology, Inc. (NASDAQ:MU)’s distance from 20 day simple moving average is 3.07% whereas its distance from 50 day simple moving average is 13.15% along with 46.10% distance from 200 day simple moving average.

An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Micron Technology, Inc. (NASDAQ:MU) shares were trading -6.77% below from the 52-week high mark of $23.64 and +136.73% above from the 52-week bottom of $9.31. The stock hit its 52-week high price on 12/27/16 and 52-week low price on 1/20/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -1.03% in the past one week and soared 15.63% during previous one month drive, the stock went up 24.31% during past quarter. In the last six months the stock’s performance soared 74.64% while yearly performance of the company up 61.35%. The company’s year to date (YTD) performance is at 0.55%.

While taking a glance at financials, we can look at a number of key indicators. Micron Technology, Inc. (NASDAQ:MU) has a Return on Assets (ROA) of -1.10%. The company currently has a Return on Equity (ROE) of -2.50% and a Return on Investment (ROI) of 0.70%. Average true range (ATR-14) of the company sets at 0.73, along with its weekly and monthly volatility of 2.59%, 3.03% respectively. Beta value of the stock stands at 1.99.

The company’s quick ratio for most recent quarter is 1.20 along with current ratio for most recent quarter of 1.70. Total debt to equity ratio of the company for most recent quarter is 0.78 whereas long term debt to equity ratio for most recent quarter is 0.69.

Stock Price Updates: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) plunged -0.39% during previous trade, a total of 20.43M shares exchanged hands compared with its average trading volume of 28.44M shares whereas its relative volume is 0.76. The stock has a market capitalization of $24.02B along with 1.04B outstanding shares. Stock’s intraday price range hit the peak level of $22.84 and touched the lowest level of $22.25.

Most recently Micron Technology, Inc. (NASDAQ:MU)’s price target was revised on 1/03/17 and according to 25 analysts stock’s price will reach at $26.58 during 52 weeks with standard deviation of 6.30. Stock’s minimum price target estimates has been figured out at $11.50 while the maximum price target forecast is established at $33, if we look at the price target with an optimistic approach it has upside potential of 46% from its latest closing price of $22.36.

Historically, if we look at price target revisions, three weeks ago Micron Technology, Inc. (NASDAQ:MU)’s price target was revised on 12/03/16 by the analysts, however the bullish price estimates of the stock set at $25 while the bearish estimates kept at $10 over the next one year. Stock’s 52-week target was retained at $20.77, the estimates indicates a standard deviation of 4.88.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.55. ABR value is precisely based on brokerage recommendations, where out of 19 brokerage recommendations 13 rate Micron Technology, Inc. (NASDAQ:MU) stock a Strong Buy, 2 rate the stocks of the company a Buy, 3 rate Hold, 1 rate Sell and 2 recommend a Strong Sell. Most recently on 12/22/16 the stock of Micron Technology, Inc. (NASDAQ:MU) upgraded by Needham from Underperform to Buy. However previously on 12/07/16 it was upgraded by Standpoint Research from Hold to Buy. A research note issued on 8/29/16 the stock was downgraded by Standpoint Research from Buy to Hold.

Micron Technology, Inc. (NASDAQ:MU) performance over the past one year soared 50.88% whereas its year to date (YTD) performance indicated a bullish trend of 2.01%. During the last six months the stock climbed 90.62%. Quarterly performance of the company shows optimistic momentum of 25.62% while its last one month trend is positive with 19%. Stock’s weekly performance expressed down trend of -4.03%.

The company’s price 16.01% above from its 50-day moving average of $20.34 and 42.29% far from the stock’s 200-day moving average which is $16.78. Micron Technology, Inc. (NASDAQ:MU)’s shares are currently trading -5.41% away from the 52-week high price of $23.64 and +140.17% far from the 52-week low price of $9.31.

According to consensus agreement of 21 analysts Micron Technology, Inc. (NASDAQ:MU) will report earnings per share of $0.63 in their quarterly report and it is expected to announce the company’s results on 3/29/17. For the current quarter the company has high EPS estimates of $0.69 in contradiction of low EPS estimates of $0.54. However a year ago for the same quarter the company has reported $-0.05 EPS. Current year EPS projections for Micron Technology, Inc. (NASDAQ:MU) set at $2.44 according to the sentiments of 20 analysts, while its lowest earnings estimates are $2.1 and highest earnings estimates are $2.96.

According to 23 analysts, Micron Technology, Inc. (NASDAQ:MU)’s revenue estimates for the current quarter are $4.45B meanwhile the company has high revenue estimates of $4.63B in contradiction of low revenue estimates of $3.52B. For the current year the company’s revenue estimates are $17.7B compared to low analyst estimates of $16.73B and high estimates of $18.6B according to the projection of 25 analysts.

Analysts Review: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price plunged -1.57% or -0.35 points to reach at $21.92 during previous trading session. The stock’s price fluctuated within the range of $21.75 – $22.40 during previous trading session. A total of 20,251,922 shares exchanged hands, whereas the company’s average trading volume stands at 26.90M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $22.53B and most recently 1.04B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for Micron Technology, Inc. (NASDAQ:MU) is at 62.33.

According to sentiments of 25 analysts the mean estimates of short term price target for the company’s stock is marked at $ 26.58. The most optimistic analyst sees the stock reaching $ 33.00 while the most conventional predicts the target price at $ 11.50.

The consensus mean EPS for the current quarter is at $0.61 derived from a total of 22 estimates. According to analysts minimum EPS for the current quarter is expected at $0.2 and can go high up to $0.69. However a year ago during same quarter Micron Technology, Inc. (NASDAQ:MU) reported $-0.05 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.67 per share according to consensus of 22 analysts.

According to sentiments of 23 analysts the company is expected to report revenues of $4.45B for the current quarter. Bearish revenue estimates established at $3.52B while the bullish revenue forecast has been figured out at $4.63B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.86 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 12 recommend the stock as Outperform. 3 have given the stock a Hold rating, 2 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Micron Technology, Inc. (NASDAQ:MU)’s distance from 20 day simple moving average is 5.98 % whereas its distance from 50 day simple moving average is 14.96 % along with 47.46 % distance from 200 day simple moving average.

Important factors to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Micron Technology, Inc. (NASDAQ:MU) shares were trading – 7.28 % below from the 52-week high mark of $ 23.64 and + 135.45 % above from the 52-week bottom of $ 9.31. The stock hit its 52-week high price on 12/27/16, and 52-week low price on 01/20/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -5.48% in the past one week and soared 12.24% during previous one month drive, the stock went up 23.28% during past quarter. In the last six months the stock’s performance soared 75.36% while yearly performance of the company advanced 54.80%. The company’s year to date (YTD) performance is at 54.80%.

While taking a glance at financials, we can look at a number of key indicators. Micron Technology, Inc. (NASDAQ:MU) has a Return on Assets (ROA) of -1.10%. The company currently has a Return on Equity (ROE) of -2.50% and a Return on Investment (ROI) of 0.70%. Average true range (ATR-14) of the company sets at 0.74, along with its weekly and monthly volatility of 2.50%, 3.51% respectively. Beta value of the stock stands at 2.01.

The company’s quick ratio for most recent quarter is 1.20 along with current ratio for most recent quarter of 1.70. Total debt to equity ratio of the company for most recent quarter is 0.78 whereas long term debt to equity ratio for most recent quarter is 0.69.

How Big Insider Trading Can Impact Micron Technology, Inc. (NASDAQ:MU) Stock?

Micron Technology, Inc. (NASDAQ:MU) exchanged hands 23,960,700 shares versus average trading capacity of 27.09M shares, while its relative trading volume is 0.88. Micron Technology, Inc. (NASDAQ:MU)’s total market worth is $23.25B along with 1.04B outstanding shares.

Insiders has most recently took part in a trading activity, Deboer Scott J, VP Technology Development of the company in a transaction that occurred 12/22/2016 sold 10,000 shares of the stock. The stock was sold at a price of $22.94, for a total value of $229,369. Subsequent to the transaction Deboer Scott J owned a total of 190,232 shares of the stock.

In a separate transaction on 12/22/2016, Deboer Scott J, VP Technology Development sold 38,780 shares of the stock. The stock was sold at a price of $23.01, for a total worth of $892,483. Succeeding to the transaction Deboer Scott J owned overall 200,232 shares of the stock.

Moreover, Arnzen April S, VP, Human Resources sold 261 shares of the stock in a reserved transaction that ensued on 12/14/2016. At a price of $20.13, the stock was sold for an entire value of $5,254. Consequent to the transaction Arnzen April S owned a total of 55,738 shares of the stock.

Currently, 0.40% shares of Micron Technology, Inc. (NASDAQ:MU) are owned by insiders with -8.31% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For Micron Technology, Inc. (NASDAQ:MU) total 39 number of trades held during last 3 months and 50 during last 12 months, out of them 13 numbers of buys held in last 3 months and 15 buys in last 12 months. Whereas 26 numbers of sells held in last 3 months and 35 sells over the past 12 months.

For the duration of last three months Micron Technology, Inc. (NASDAQ:MU)’s total number of shares bought are 619,207 and sold 748,638 from a total of 1,367,845 traded shares. During last twelve months 647,207 number of shares bought and 884,207 sold from a total of 1,531,414 shares traded. A net activity of 129,431 took place in the course of three months, while 237,000 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

Micron Technology, Inc. (NASDAQ:MU) ended last trading session at the price of $22.78 whereas a number of traders indicating mean target price will hit $26.58 over the next twelve months, mean value of price target most recently revised on 12/22/16. Micron Technology, Inc. (NASDAQ:MU)’s highest estimates of price target are $33.00 and low forecast is $11.50 based on the opinion of 25 analysts. The price target estimates represents a standard deviation of 6.30. However brokerage recommendations suggests an ABR of 1.55 based on calls of 19 experts.

Micron Technology, Inc. (NASDAQ:MU) is expected to release the earnings of its current quarter on 3/29/17. The company is expected to release $0.61 EPS during current quarter according to 22 analysts whereas the company reported $-0.05 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.2 and high estimate of $0.69. Micron Technology, Inc. (NASDAQ:MU)’s average revenue estimates for the current quarter are $4.45B according to 23 number of analysts. However its lowest revenue estimates are $3.52B and highest revenue estimates are $4.63B. A year ago the company’s sales were $2.93B. Its yearly sales growth estimates are 51.60%. Past 5 years growth of Micron Technology, Inc. (NASDAQ:MU) observed at 47.38%, and for the next five years the analysts that follow this company are expecting its growth at 1.00%.

Investor’s Watch List: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price soared 0.30% or 0.07 points to reach at $23.26 during previous trading session. The stock’s price fluctuated within the range of $23.06 – $23.49 during previous trading session. A total of 27.78M shares exchanged hands, whereas the company’s average trading volume stands at 29.66M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $24.36B and most recently 1.04B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for Micron Technology, Inc. (NASDAQ:MU) is at 79.

According to sentiments of 25 analysts the mean estimates of short term price target for the company’s stock is marked at $26.58. The most optimistic analyst sees the stock reaching $33 while the most conventional predicts the target price at $11.50.

The consensus mean EPS for the current quarter is at $0.61 derived from a total of 22 estimates. According to analysts minimum EPS for the current quarter is expected at $0.2 and can go high up to $0.69. However a year ago during same quarter Micron Technology, Inc. (NASDAQ:MU) reported $-0.05 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.67 per share according to consensus of 22 analysts.

According to sentiments of 23 analysts the company is expected to report revenues of $4.45B for the current quarter. Bearish revenue estimates established at $3.52B while the bullish revenue forecast has been figured out at $4.63.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.86 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 12 recommend the stock as Outperform. 3 have given the stock a Hold rating, 2 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Micron Technology, Inc. (NASDAQ:MU)’s distance from 20 day simple moving average is 15.98% whereas its distance from 50 day simple moving average is 25.03% along with 59.01% distance from 200 day simple moving average.

An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Micron Technology, Inc. (NASDAQ:MU) shares were trading -0.98% below from the 52-week high mark of $23.49 and +149.84% above from the 52-week bottom of $9.31. The stock hit its 52-week high price on 11/23/16 and 52-week low price on 1/20/16.

When we have a peek on stock’s historical trends we come to know that, the stock has climbed 14.75% in the past one week and soared 16.83% during previous one month drive, the stock went up 33.99% during past quarter. In the last six months the stock’s performance soared 90.19% while yearly performance of the company up 60.64%. The company’s year to date (YTD) performance is at 64.27%.

While taking a glance at financials, we can look at a number of key indicators. Micron Technology, Inc. (NASDAQ:MU) has a Return on Assets (ROA) of -1.10%. The company currently has a Return on Equity (ROE) of -2.30% and a Return on Investment (ROI) of 0.70%. Average true range (ATR-14) of the company sets at 0.79, along with its weekly and monthly volatility of 2.31%, 3.54% respectively. Beta value of the stock stands at 2.01.

The company’s quick ratio for most recent quarter is 1.20 along with current ratio for most recent quarter of 1.70. Total debt to equity ratio of the company for most recent quarter is 0.78 whereas long term debt to equity ratio for most recent quarter is 0.69.

Where Micron Technology, Inc (NASDAQ:MU) Stands on Analytical Review Chart?

Micron Technology, Inc (NASDAQ:MU) rose 12.68% during previous trade. Needham issued rating on the stock of Micron Technology, Inc (NASDAQ:MU) in a research note issued to investors on Dec-22-16, the stock received “Upgrade” rating from Underperform to Buy at $33. Additionally Mizuho issued their verdict on the stock of the company, on record date of Dec-22-16 the stock was “Reiterated” as Buy from $22 to $27 besides that on Dec-22-16 Micron Technology, Inc (NASDAQ:MU) was “Reiterated” by Cowen as Outperform from $23 to $26. Furthermore on Dec-13-16 the stock was “Initiated” by Loop Capital as Hold.

Micron Technology, Inc (NASDAQ:MU) shares ended last trading session at the price of $23.19 whereas a number of traders indicating mean target price will hit $22.17 over the next twelve months, mean value of price target most recently revised on 12/19/16. Micron Technology, Inc (NASDAQ:MU)’s highest estimates of price target are $30 and low forecast is $8 based on the opinion of 23 analysts. The price target estimates represents a standard deviation of 4.83. However brokerage recommendations suggests an ABR of 1.92 based on calls of 19 experts, where 12 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 3 suggest Hold, 1 are rating the stock as Sell while 2 as Strong Sell.

Micron Technology, Inc (NASDAQ:MU) is expected to release the earnings of its current quarter on 3/29/17. The company is expected to release $0.28 EPS for current quarter according to 18 analysts whereas the company reported $0.24 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.18 and high estimate of $0.32. For the current year Micron Technology, Inc (NASDAQ:MU) has set to release EPS of $1.68 as per the sentiments of 19 analysts, however according to 18 analysts, the company expected to release $2.13 EPS for next year.

Micron Technology, Inc (NASDAQ:MU)’s average revenue estimates for the current quarter are $3.95B according to 17 number of analysts. However its lowest revenue estimates are $3.68B and highest revenue estimates are $4B. A year ago the company’s sales were $3.35B. Its yearly sales growth estimates are 17.80%. For the next quarter the company has anticipated average revenues of $3.91B, according to the sentiments of 21 analysts. For the current year the company has fixed $16.24B revenues, as per the opinion of 18 analysts. For the current year the company has low revenue estimates of $14.56B in contradiction of high revenue estimates of $17.51B. Whereas for the next year revenues are set at $16.82B by 20 analysts.

The stock exchanged hands 85.87M shares versus average trading capacity of 28.01M shares, while its shares’ total market worth is $24.13B along with 1.04B outstanding shares. However the company observed 52 week high price on 12/22/16 and witnessed 52 week low price on 01/20/16. The company’s price sits 25.52% above from its 50-day moving average of $19.03 and 59.20% far from the stock’s 200-day moving average which is $16.17. Micron Technology, Inc (NASDAQ:MU)’s price to sales ratio for trailing twelve month stands at 1.95, whereas its price to book ratio for most recent quarter sits at 1.99. However the company’s price to cash per share for most recent quarter stands at 5.51.

Stock Buzz: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price soared 1.47% or +0.30 points to reach at $20.65 during previous trading session. The stock’s price fluctuated within the range of $20.47 – $20.80 during previous trading session. A total of 22,931,800 shares exchanged hands, whereas the company’s average trading volume stands at 26.27M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $21.65B and most recently 1.04B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for Micron Technology, Inc. (NASDAQ:MU) is at 65.72.

According to sentiments of 23 analysts the mean estimates of short term price target for the company’s stock is marked at $22.17. The most optimistic analyst sees the stock reaching $30.00 while the most conventional predicts the target price at $8.00.

The consensus mean EPS for the current quarter is at $0.28 derived from a total of 18 estimates. According to analysts minimum EPS for the current quarter is expected at $0.18 and can go high up to $0.32. However a year ago during same quarter Micron Technology, Inc. (NASDAQ:MU) reported $0.24 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.39 per share according to consensus of 20 analysts.

According to sentiments of 17 analysts the company is expected to report revenues of $3.95B for the current quarter. Bearish revenue estimates established at $3.68B while the bullish revenue forecast has been figured out at $4B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.07 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 10 have given the stock a Buy while 10 recommend the stock as Outperform. 4 have given the stock a Hold rating, 4 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Micron Technology, Inc. (NASDAQ:MU)’s distance from 20 day simple moving average is 4.34% whereas its distance from 50 day simple moving average is 12.61% along with 42.73% distance from 200 day simple moving average.

Important factors to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Micron Technology, Inc. (NASDAQ:MU) shares were trading -1.67% below from the 52-week high mark of $ 21.00 and +121.80% above from the 52-week bottom of $9.31. The stock hit its 52-week high price on 12/16/16, and 52-week low price on 01/20/16.

When we have a peek on stock’s historical trends we come to know that, the stock has climbed 2.58% in the past one week and soared 7.50% during previous one month drive, the stock went up 16.93% during past quarter. In the last six months the stock’s performance soared 62.34% while yearly performance of the company advanced 39.81%. The company’s year to date (YTD) performance is at 45.83%.

While taking a glance at financials, we can look at a number of key indicators. Micron Technology, Inc. (NASDAQ:MU) has a Return on Assets (ROA) of -1.10%. The company currently has a Return on Equity (ROE) of -2.30% and a Return on Investment (ROI) of 0.70%. Average true range (ATR-14) of the company sets at 0.68, along with its weekly and monthly volatility of 2.71% 3.46% respectively. Beta value of the stock stands at 1.96.

The company’s quick ratio for most recent quarter is 1.40 along with current ratio for most recent quarter of 2.00. Total debt to equity ratio of the company for most recent quarter is 0.82 whereas long term debt to equity ratio for most recent quarter is 0.76.

Analysts Concerns on: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) soared 0.39% during previous trade, a total of 23.56M shares exchanged hands compared with its average trading volume of 27.32M shares whereas its relative volume is 0.90. The stock has a market capitalization of $21.23B along with 1.04B outstanding shares. Stock’s intraday price range hit the peak level of $20.70 and touched the lowest level of $20.19.

Most recently Micron Technology, Inc. (NASDAQ:MU)’s price target was revised on 12/14/16 and according to 23 analysts stock’s price will reach at $21.83 during 52 weeks with standard deviation of 4.88. Stock’s minimum price target estimates has been figured out at $8 while the maximum price target forecast is established at $30, if we look at the price target with an optimistic approach it has upside potential of 48% from its latest closing price of $20.35.

Historically, if we look at price target revisions, three weeks ago Micron Technology, Inc. (NASDAQ:MU)’s price target was revised on 11/16/16 by the analysts, however the bullish price estimates of the stock set at $23 while the bearish estimates kept at $10 over the next one year. Stock’s 52-week target was retained at $19.42, the estimates indicates a standard deviation of 4.42.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.97. ABR value is precisely based on brokerage recommendations, where out of 18 brokerage recommendations 11 rate Micron Technology, Inc. (NASDAQ:MU) stock a Strong Buy, 1 rate the stocks of the company a Buy, 3 rate Hold, 1 rate Sell and 2 recommend a Strong Sell. Most recently on 12/7/16 the stock of Micron Technology, Inc. (NASDAQ:MU) upgraded by Standpoint Research from Hold to Buy. However previously on 8/29/16 it was downgraded by Standpoint Research from Buy to Hold. A research note issued on 6/23/16 the stock was upgraded by Susquehanna from Neutral to Positive.

Micron Technology, Inc. (NASDAQ:MU) performance over the past one year soared 41.71% whereas its year to date (YTD) performance indicated a bullish trend of 43.71%. During the last six months the stock climbed 59.61%. Quarterly performance of the company shows optimistic momentum of 20.27% while its last one month trend is positive with 6.10%. Stock’s weekly performance expressed up trend of 1.65%.

The company’s price 11.31% above from its 50-day moving average of $18.78 and 41.09% far from the stock’s 200-day moving average which is $16.03. Micron Technology, Inc. (NASDAQ:MU)’s shares are currently trading -3.10% away from the 52-week high price of $21 and +118.58% far from the 52-week low price of $9.31.

According to consensus agreement of 16 analysts Micron Technology, Inc. (NASDAQ:MU) will report earnings per share of $0.28 in their quarterly report and it is expected to announce the company’s results on 12/21/16 After Market Close. For the current quarter the company has high EPS estimates of $0.32 in contradiction of low EPS estimates of $0.23. However a year ago for the same quarter the company has reported $0.24 EPS. Current year EPS projections for Micron Technology, Inc. (NASDAQ:MU) set at $1.63 according to the sentiments of 18 analysts, while its lowest earnings estimates are $0.85 and highest earnings estimates are $2.3.

According to 15 analysts, Micron Technology, Inc. (NASDAQ:MU)’s revenue estimates for the current quarter are $3.96B meanwhile the company has high revenue estimates of $4B in contradiction of low revenue estimates of $3.68B. For the current year the company’s revenue estimates are $16.61B compared to low analyst estimates of $14.56B and high estimates of $17.2B according to the projection of 17 analysts.

Eye-Catching Stock: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price plunged -0.10% or -0.02 points to reach at $20.27 during previous trading session. The stock’s price fluctuated within the range of $20.19 – $21.00 during previous trading session. A total of 36,612,352 shares exchanged hands, whereas the company’s average trading volume stands at 26.21M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $21.43B and most recently 1.04B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for Micron Technology, Inc. (NASDAQ:MU) is at 61.80.

According to sentiments of 23 analysts the mean estimates of short term price target for the company’s stock is marked at $21.57. The most optimistic analyst sees the stock reaching $30.00 while the most conventional predicts the target price at $8.00.

The consensus mean EPS for the current quarter is at $0.28 derived from a total of 16 estimates. According to analysts minimum EPS for the current quarter is expected at $0.23 and can go high up to $0.32. However a year ago during same quarter Micron Technology, Inc. (NASDAQ:MU) reported $0.24 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $0.38 per share according to consensus of 21 analysts.

According to sentiments of 14 analysts the company is expected to report revenues of $3.96B for the current quarter. Bearish revenue estimates established at $3.68B while the bullish revenue forecast has been figured out at $4B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.07 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 10 have given the stock a Buy while 10 recommend the stock as Outperform. 4 have given the stock a Hold rating, 4 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Micron Technology, Inc. (NASDAQ:MU)’s distance from 20 day simple moving average is 3.00% whereas its distance from 50 day simple moving average is 11.18% along with 40.94% distance from 200 day simple moving average.

Important factors to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Micron Technology, Inc. (NASDAQ:MU) shares were trading -3.43% below from the 52-week high mark of $20.99 and +117.72% above from the 52-week bottom of $9.31. The stock hit its 52-week high price on 12/16/16, and 52-week low price on 01/20/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -1.12% in the past one week and soared 11.13% during previous one month drive, the stock went up 19.59% during past quarter. In the last six months the stock’s performance soared 64.53% while yearly performance of the company advanced 41.55%. The company’s year to date (YTD) performance is at 43.15%.

While taking a glance at financials, we can look at a number of key indicators. Micron Technology, Inc. (NASDAQ:MU) has a Return on Assets (ROA) of -1.10%. The company currently has a Return on Equity (ROE) of -2.30% and a Return on Investment (ROI) of 0.70%. Average true range (ATR-14) of the company sets at 0.71, along with its weekly and monthly volatility of 3.60%, 3.67% respectively. Beta value of the stock stands at 1.97.

The company’s quick ratio for most recent quarter is 1.40 along with current ratio for most recent quarter of 2.00. Total debt to equity ratio of the company for most recent quarter is 0.82 whereas long term debt to equity ratio for most recent quarter is 0.76.