Mover to Watch: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price plunged -2.63% or -0.69 points to reach at $25.52 during previous trading session. The stock’s price fluctuated within the range of $25.43 – $26.44 during previous trading session. A total of 28.40M shares exchanged hands, whereas the company’s average trading volume stands at 25.10M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $28.59B and most recently 1.10B 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 58.86.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $32.79. The most optimistic analyst sees the stock reaching $45.00 while the most conventional predicts the target price at $25.00.

The consensus means EPS for the current quarter is at $0.84 derived from a total of 19 estimates. According to analysts minimum EPS for the current quarter is expected at $0.62 and can go high up to $0.89. 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 $0.88 per share according to consensus of 22 analysts.

According to sentiments of 20 analysts the company is expected to report revenues of $4.64B for the current quarter. Bearish revenue estimates established at $4.46B while the bullish revenue forecast has been figured out at $4.7B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.67 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 14 recommend the stock as Outperform. 2 have given the stock a Hold rating, 0 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) distance from 20 day simple moving average is 2.33% whereas its distance from 50 day simple moving average is 6.61% along with 38.81% 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 -4.10% below from the 52-week high mark of $26.61 and 172.94% above from the 52-week bottom of $9.35. The stock hit its 52-week high price on 03/20/17, and 52-week low price on 05/12/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -0.23% in the past one week and soared 9.29% during previous one month drive, the stock went up 25.90% during past quarter. In the last six months the stock’s performance soared 50.56% while yearly performance of the company advanced 121.34%. The company’s year to date (YTD) performance is at 16.42%.

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 3.10%, 2.71% respectively. Beta value of the stock stands at 1.88.

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 0.79 whereas long term debt to equity ratio for most recent quarter is 0.69.

Mover to Watch: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price soared 0.12% or 0.03 points to reach at $25.18 during previous trading session. The stock’s price fluctuated within the range of $24.81 – $25.75 during previous trading session. A total of 28.92M shares exchanged hands, whereas the company’s average trading volume stands at 26.05M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $27.80B and most recently 1.10B 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 61.22.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $32.79. The most optimistic analyst sees the stock reaching $45 while the most conventional predicts the target price at $25.

The consensus mean EPS for the current quarter is at $0.85 derived from a total of 17 estimates. According to analysts minimum EPS for the current quarter is expected at $0.7 and can go high up to $0.89. 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 $0.87 per share according to consensus of 22 analysts.

According to sentiments of 17 analysts the company is expected to report revenues of $4.65B for the current quarter. Bearish revenue estimates established at $4.6B while the bullish revenue forecast has been figured out at $4.7B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.67 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 14 recommend the stock as Outperform. 2 have given the stock a Hold rating, 0 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 4.26% whereas its distance from 50 day simple moving average is 7.28% along with 40.57% 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 -2.85% below from the 52-week high mark of $25.92 and +169.30% above from the 52-week bottom of $9.35. The stock hit its 52-week high price on 3/6/17 and 52-week low price on 5/12/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -1.53% in the past one week and soared 4.01% during previous one month drive, the stock went up 23.19% during past quarter. In the last six months the stock’s performance soared 44.30% while yearly performance of the company up 131.43%. The company’s year to date (YTD) performance is at 14.87%.

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 0.72, along with its weekly and monthly volatility of 2.87%, 2.55% respectively. Beta value of the stock stands at 1.89.

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 0.79 whereas long term debt to equity ratio for most recent quarter is 0.69.

Under Analyst’s Radar: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price soared 3.52% or 0.87 points to reach at $25.57 during previous trading session. The stock’s price fluctuated within the range of $24.98 – $25.68 during previous trading session. A total of 37.97M shares exchanged hands, whereas the company’s average trading volume stands at 26.03M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $28.37B and most recently 1.10B 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 67.53.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $32. The most optimistic analyst sees the stock reaching $45 while the most conventional predicts the target price at $25.

The consensus mean EPS for the current quarter is at $0.73 derived from a total of 22 estimates. According to analysts minimum EPS for the current quarter is expected at $0.62 and can go high up to $0.89. 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 $0.81 per share according to consensus of 22 analysts.

According to sentiments of 23 analysts the company is expected to report revenues of $4.58B for the current quarter. Bearish revenue estimates established at $4.46B while the bullish revenue forecast has been figured out at $4.67B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.65 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 13 recommend the stock as Outperform. 2 have given the stock a Hold rating, 0 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 6.97% whereas its distance from 50 day simple moving average is 10.78% along with 45.83% 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) hit its 52-week high price on 03/03/17 and 52-week low price on 5/12/16.

When we have a peek on stock’s historical trends we come to know that, the stock has climbed 10.03% in the past one week and soared 3.31% during previous one month drive, the stock went up 30.93% during past quarter. In the last six months the stock’s performance soared 55.06% while yearly performance of the company up 116.88%. The company’s year to date (YTD) performance is at 16.65%.

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 2.77%, 2.47% respectively. Beta value of the stock stands at 1.84.

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 0.79 whereas long term debt to equity ratio for most recent quarter is 0.69.

Brokerage Recommendations on Rating: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) rose 4.74% during previous trade. Goldman issued rating on the stock of Micron Technology, Inc. (NASDAQ:MU) in a research note issued to investors on Mar-01-17, the stock received “Upgrade” rating from Neutral to Buy. Additionally BofA/Merrill issued their verdict on the stock of the company, on record date of Feb-09-17 the stock was “Upgraded” from Underperform to Buy besides that on Feb-03-17 Micron Technology, Inc. (NASDAQ:MU) was “Reiterated” by Mizuho as Buy from $27 to $30. Furthermore on Feb-01-17 the stock was “Reiterated” by Cowen as Outperform from $26 to $33.

Micron Technology, Inc. (NASDAQ:MU) shares ended last trading session at the price of $24.55 whereas a number of traders indicating mean target price will hit $30.75 over the next twelve months, mean value of price target most recently revised on 02/27/17. Micron Technology, Inc. (NASDAQ:MU)’s highest estimates of price target are $45 and low forecast is $24 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 4.23. However brokerage recommendations suggests an ABR of 1.42 based on calls of 18 experts, where 13 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 3 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

Micron Technology, Inc. (NASDAQ:MU) is expected to release the earnings of its current quarter on 3/23/17. The company is expected to release $0.65 EPS for 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 lowest EPS estimates of $0.54 and high estimate of $0.7. For the current year Micron Technology, Inc. (NASDAQ:MU) has set to release EPS of $2.53 as per the sentiments of 21 analysts, however according to 22 analysts, the company expected to release $3.05 EPS for next year.

Micron Technology, Inc. (NASDAQ:MU)’s average revenue estimates for the current quarter are $4.55B according to 23 number of analysts. However its lowest revenue estimates are $4.42B and highest revenue estimates are $4.65B. A year ago the company’s sales were $2.93B. Its yearly sales growth estimates are 54.90%. For the next quarter the company has anticipated average revenues of $4.61B, according to the sentiments of 26 analysts. For the current year the company has fixed $17.89B revenues, as per the opinion of 26 analysts. For the current year the company has low revenue estimates of $16.13B in contradiction of high revenue estimates of $19.03B. Whereas for the next year revenues are set at $18.88B by 25 analysts.

The stock exchanged hands 27.99M shares versus average trading capacity of 24.89M shares, while its shares’ total market worth is $26.71B along with 1.10B outstanding shares. Micron Technology, Inc. (NASDAQ:MU) shares were trading -3% below from the 52-week high price mark of $25.31 and +162.57% above from the 52-week price bottom of $9.35. However the company observed 52 week high price on 02/02/17 and witnessed 52 week low price on 05/12/16. The company’s price sits 7.16% above from its 50-day moving average of $23.39 and 41.22% far from the stock’s 200-day moving average which is $19.57. Micron Technology, Inc. (NASDAQ:MU)’s price to sales ratio for trailing twelve month stands at 2.10, whereas its price to book ratio for most recent quarter sits at 2.07. However the company’s price to cash per share for most recent quarter stands at 6.56.

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

Micron Technology, Inc. (NASDAQ:MU) plunged -1.35% during previous trade, a total of 21.45M shares exchanged hands compared with its average trading volume of 24.64M shares whereas its relative volume is 0.82. The stock has a market capitalization of $26.43B along with 1.10B outstanding shares. Stock’s intraday price range hit the peak level of $23.95 and touched the lowest level of $23.32.

Most recently Micron Technology, Inc. (NASDAQ:MU)’s price target was revised on 2/27/17 and according to 24 analysts stock’s price will reach at $30.75 during 52 weeks with standard deviation of 4.23. Stock’s minimum price target estimates has been figured out at $25 while the maximum price target forecast is established at $45, if we look at the price target with an optimistic approach it has upside potential of 92% from its latest closing price of $23.44.

Historically, if we look at price target revisions, three weeks ago Micron Technology, Inc. (NASDAQ:MU)’s price target was revised on 2/03/17 by the analysts, however the bullish price estimates of the stock set at $34 while the bearish estimates kept at $11 over the next one year. Stock’s 52-week target was retained at $25.34, the estimates indicates a standard deviation of 7.02.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.42. ABR value is precisely based on brokerage recommendations, where out of 18 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, 0 rate Sell and 0 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 120.51% whereas its year to date (YTD) performance indicated a bullish trend of 6.93%. During the last six months the stock climbed 41.97%. Quarterly performance of the company shows optimistic momentum of 16.44% while its last one month trend is negative with -2.21%. Stock’s weekly performance expressed down trend of -1.39%.

The company’s price 2.63% above from its 50-day moving average of $23.39 and 35.37% far from the stock’s 200-day moving average which is $19.57. Micron Technology, Inc. (NASDAQ:MU)’s shares are currently trading -7.39% away from the 52-week high price of $25.31 and +150.70% far from the 52-week low price of $9.35.

According to consensus agreement of 22 analysts Micron Technology, Inc. (NASDAQ:MU) will report earnings per share of $0.65 in their quarterly report and it is expected to announce the company’s results on 3/23/17. For the current quarter the company has high EPS estimates of $0.7 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 $2.53 according to the sentiments of 21 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 $4.42B. For the current year the company’s revenue estimates are $17.89B compared to low analyst estimates of $16.13B and high estimates of $19.03B according to the projection of 26 analysts.

Under Analyst’s Radar: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price plunged -1.02% or -0.24 points to reach at $23.24 during previous trading session. The stock’s price fluctuated within the range of $22.64 – $23.26 during previous trading session. A total of 22.02M shares exchanged hands, whereas the company’s average trading volume stands at 24.96M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $25.37B and most recently 1.10B 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 45.56.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $30.33. The most optimistic analyst sees the stock reaching $45 while the most conventional predicts the target price at $25.

The consensus mean EPS for the current quarter is at $0.65 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 $0.7. 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 $0.74 per share according to consensus of 22 analysts.

According to sentiments of 23 analysts the company is expected to report revenues of $4.55B for the current quarter. Bearish revenue estimates established at $4.42B while the bullish revenue forecast has been figured out at $4.65B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.70 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 11 have given the stock a Buy while 13 recommend the stock as Outperform. 3 have given the stock a Hold rating, 0 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 -2.95% whereas its distance from 50 day simple moving average is 2.36% along with 35.27% 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 -8.18% below from the 52-week high mark of $25.31 and +148.56% above from the 52-week bottom of $9.35. The stock hit its 52-week high price on 02/02/17 and 52-week low price on 5/12/16.

When we have a peek on stock’s historical trends we come to know that, the stock has climbed 1.13% in the past one week and plunged -1.36% during previous one month drive, the stock went up 17.73% during past quarter. In the last six months the stock’s performance soared 49.84% while yearly performance of the company up 116.79%. The company’s year to date (YTD) performance is at 6.02%.

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 0.68, along with its weekly and monthly volatility of 2.19%, 2.45% respectively. Beta value of the stock stands at 1.84.

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 0.79 whereas long term debt to equity ratio for most recent quarter is 0.69.

Stock under Discussion: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) share price plunged -3.26% or -0.78 points to reach at $23.12 during previous trading session. The stock’s price fluctuated within the range of $22.68 – $23.37 during previous trading session. A total of 60.69M shares exchanged hands, whereas the company’s average trading volume stands at 23.39M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $25.34B and most recently 1.10B 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 48.94.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $29.17. The most optimistic analyst sees the stock reaching $45 while the most conventional predicts the target price at $17.

The consensus mean EPS for the current quarter is at $0.65 derived from a total of 20 estimates. According to analysts minimum EPS for the current quarter is expected at $0.54 and can go high up to $0.7. 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 $0.72 per share according to consensus of 20 analysts.

According to sentiments of 21 analysts the company is expected to report revenues of $4.54B for the current quarter. Bearish revenue estimates established at $4.42B while the bullish revenue forecast has been figured out at $4.65B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.69 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, 1 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 -1.93% whereas its distance from 50 day simple moving average is 4.31% along with 38.26% 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 -8.65% below from the 52-week high mark of $25.31 and +147.27% above from the 52-week bottom of $9.35. The stock hit its 52-week high price on 02/02/17 and 52-week low price on 5/12/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -6.02% in the past one week and soared 4.24% during previous one month drive, the stock went up 30.84% during past quarter. In the last six months the stock’s performance soared 48.87% while yearly performance of the company up 113.88%. The company’s year to date (YTD) performance is at 5.47%.

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 0.70, along with its weekly and monthly volatility of 2.43%, 2.75% respectively. Beta value of the stock stands at 1.89.

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 0.79 whereas long term debt to equity ratio for most recent quarter is 0.69.

A Look at Insider Trading: Micron Technology, Inc. (NASDAQ:MU)

Micron Technology, Inc. (NASDAQ:MU) exchanged hands 27,965,136 shares versus average trading capacity of 26.29M shares, while its relative trading volume is 0.02. Micron Technology, Inc. (NASDAQ:MU)’s total market worth is $26.09B along with 1.10B outstanding shares.

Insiders has most recently took part in a trading activity, Thorsen Steven L. JR, Vice President, Worldwide Sale of the company in a transaction that occurred 2/9/2017 sold 126,000 shares of the stock. The stock was sold at a price of $24.64, for a total value of $3,104,023. Subsequent to the transaction Thorsen Steven L. JR owned a total of 295,690 shares of the stock.

In a separate transaction on 1/22/2017, Poppen Joel L, VP Legal Affairs, Gen Counsel sold 1,502 shares of the stock. The stock was sold at a price of $21.96, for a total worth of $32,984. Succeeding to the transaction Poppen Joel L owned overall 186,966 shares of the stock.

Moreover, Arnzen April S, VP, Human Resources sold 357 shares of the stock in a reserved transaction that ensued on 1/10/2017. At a price of $22.34, the stock was sold for an entire value of $7,975. Consequent to the transaction Arnzen April S owned a total of 56,270 shares of the stock.

Currently, 0.40% shares of Micron Technology, Inc. (NASDAQ:MU) are owned by insiders with -10.84% 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 11 number of trades held during last 3 months and 49 during last 12 months, out of them 0 numbers of buys held in last 3 months and 13 buys in last 12 months. Whereas 11 numbers of sells held in last 3 months and 36 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 0 and sold 352,734 from a total of 352,734 traded shares. During last twelve months 619,207 number of shares bought and 1,053,153 sold from a total of 1,672,360 shares traded. A net activity of 352,734 took place in the course of three months, while 433,946 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 $24.05 whereas a number of traders indicating mean target price will hit $28.19 over the next twelve months, mean value of price target most recently revised on 02/09/17. Micron Technology, Inc. (NASDAQ:MU)’s highest estimates of price target are $45.00 and low forecast is $11.50 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 4.26. However brokerage recommendations suggests an ABR of 1.39 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 $0.65 EPS during current quarter according to 20 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 $0.7. Micron Technology, Inc. (NASDAQ:MU)’s average revenue estimates for the current quarter are $4.53B according to 21 number of analysts. However its lowest revenue estimates are $4.37B and highest revenue estimates are $4.65B. A year ago the company’s sales were $4.65B. Its yearly sales growth estimates are 54.50%. 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%.

Analysts Take on Micron Technology, Inc (NASDAQ:MU) Rating

Micron Technology, Inc (NASDAQ:MU) rose 0.99% during previous trade. BofA/Merrill issued rating on the stock of Micron Technology, Inc (NASDAQ:MU) in a research note issued to investors on Feb-10-17, the stock received “Upgrade” rating from Underperform to Buy. Additionally Mizuho issued their verdict on the stock of the company, on record date of Feb-03-17 the stock was “Reiterated” as Buy from $27 to $30 besides that on Feb-01-17 Micron Technology, Inc (NASDAQ:MU) was “Reiterated” by Cowen as Outperform from $26 to $33. Furthermore on Dec-23-16 the stock was “Reiterated” by Argus as Buy from $22 to $28.

Micron Technology, Inc (NASDAQ:MU) shares ended last trading session at the price of $24.45 whereas a number of traders indicating mean target price will hit $28.19 over the next twelve months, mean value of price target most recently revised on 2/3/17. Micron Technology, Inc (NASDAQ:MU)’s highest estimates of price target are $45 and low forecast is $11.50 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 5.86. However brokerage recommendations suggests an ABR of 1.55 based on calls of 19 experts, where 13 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 3 suggest Hold, 1 are rating the stock as Sell while 0 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 $0.65 EPS for current quarter according to 20 analysts whereas the company reported $-0.05 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.54 and high estimate of $0.07. For the current year Micron Technology, Inc (NASDAQ:MU) has set to release EPS of $2.47 as per the sentiments of 19 analysts, however according to 19 analysts, the company expected to release $2.93 EPS for next year.

Micron Technology, Inc (NASDAQ:MU)’s average revenue estimates for the current quarter are $4.53B according to 21 number of analysts. However its lowest revenue estimates are $4.37B and highest revenue estimates are $4.65B. A year ago the company’s sales were $2.93B. Its yearly sales growth estimates are 54.50%. For the next quarter the company has anticipated average revenues of $4.59B, according to the sentiments of 21 analysts. For the current year the company has fixed $17.73B revenues, as per the opinion of 24 analysts. For the current year the company has low revenue estimates of $16.13B in contradiction of high revenue estimates of $18.89B. Whereas for the next year revenues are set at $18.56B by 22 analysts.

The stock exchanged hands 27.89M shares versus average trading capacity of 23.22M shares, while its shares’ total market worth is $26.53B along with 1.10B outstanding shares. Micron Technology, Inc (NASDAQ:MU) shares were trading -3.40% below from the 52-week high price mark of $25.31 and +161.50% above from the 52-week price bottom of $9.35. However the company observed 52 week high price on 2/2/17 and witnessed 52 week low price on 05/12/16. The company’s price sits 11.67% above from its 50-day moving average of $23.07 and 47.88% far from the stock’s 200-day moving average which is $18.64. Micron Technology, Inc (NASDAQ:MU)’s price to sales ratio for trailing twelve month stands at 2.09, whereas its price to book ratio for most recent quarter sits at 2.06. However the company’s price to cash per share for most recent quarter stands at 6.52.

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

Micron Technology, Inc. (NASDAQ:MU) share price plunged -0.77% or -0.19 points to reach at $24.60 during previous trading session. The stock’s price fluctuated within the range of $24.50 – $25.24 during previous trading session. A total of 25.05M shares exchanged hands, whereas the company’s average trading volume stands at 26M shares. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $26.92B and most recently 1.10B 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 71.02.

According to sentiments of 24 analysts the mean estimates of short term price target for the company’s stock is marked at $27.10. The most optimistic analyst sees the stock reaching $34 while the most conventional predicts the target price at $11.50.

The consensus mean EPS for the current quarter is at $0.64 derived from a total of 20 estimates. According to analysts minimum EPS for the current quarter is expected at $0.54 and can go high up to $0.7. 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 $0.7 per share according to consensus of 20 analysts.

According to sentiments of 21 analysts the company is expected to report revenues of $4.52B 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 1.81 on the shares of Micron Technology, Inc. (NASDAQ:MU). Out of rating recommendations 10 have given the stock a Buy while 12 recommend the stock as Outperform. 3 have given the stock a Hold rating, 1 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 7.52% whereas its distance from 50 day simple moving average is 14.28% along with 51.31% 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 -2.81% below from the 52-week high mark of $25.31 and +163.10% above from the 52-week bottom of $9.35. The stock hit its 52-week high price on 02/02/17 and 52-week low price on 5/12/16.

When we have a peek on stock’s historical trends we come to know that, the stock has climbed 2.63% in the past one week and soared 10.02% during previous one month drive, the stock went up 47.48% during past quarter. In the last six months the stock’s performance soared 75.34% while yearly performance of the company up 119.06%. The company’s year to date (YTD) performance is at 12.23%.

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 0.70, along with its weekly and monthly volatility of 2.83%, 2.70% respectively. Beta value of the stock stands at 1.92.

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 0.79 whereas long term debt to equity ratio for most recent quarter is 0.69.