Analysts Upgrade/Downgrade Activity of Micron Technology, Inc. (MU)


Micron Technology, Inc. (MU) belonging to the Computer and Technology sector has declined -0.92% and closed its last trading session at $25.8.

The company reported its EPS on 12/21/2016. Currently, the stock has a 1 Year Price Target of $32.79.

The consensus recommendation, according to Zacks Investment research, is 1.42. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 1.42 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.55 and 2.09 respectively.

Micron Technology, Inc. on 12/21/2016 reported its EPS as $0.32 with the analysts projecting the EPS of the stock as $0.28. The company beat the analyst EPS Estimate with the difference of $0.04. This shows a surprise factor of 14.3%.

Many analysts have provided their estimated foresights on Micron Technology, Inc. Earnings, with 18 analysts believing the company would generate an Average Estimate of $0.84.

Whereas they predicted High and Low Earnings Estimate as $0.89 and $0.62 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.05.

Analysts are also projecting an Average Revenue Estimate for Micron Technology, Inc. as $4.64 Billion in the Current Quarter. This estimate is provided by 19 analysts.

The High Revenue estimate is predicted as 4.7 Billion, while the Low Revenue Estimate prediction stands at 4.46 Billion. The company’s last year sales total was 2.93 Billion.

For the Current Quarter, the growth estimate for Micron Technology, Inc. is 1780%, while for the Next Quarter the stock growth estimate is 1187.5%.

In the past 5 years, the stock showed growth of 19.07% per annum. While for the next 5 years, the growth estimate is 1%.

The Company got Upgrade by Goldman on 1-Mar-17 from Neutral to Buy.

Insider Trades for Micron Technology, Inc. show that the latest trade was made on 14 Feb 2017 where Shirley (Brian M), the Officer completed a transaction type “Sell” in which 27250 shares were traded at a price of $23.12.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 5000 shares were traded. 7 Insider Sales transactions were made totaling 163087 shares traded.

24 analysts projected Price Targets for Micron Technology, Inc.. The analysts believe that the company stock price could grow as high as $45. The Low Price target projection by analysts is $25 and the Mean Price Target is $32.79.

Micron Technology, Inc. (MU) has the market capitalization of $28.45 Billion. The company rocked its 52-Week High of $26.23 on Mar 16, 2017 and touched its 52-Week Low of $9.35 on May 12, 2016.

The stock has Return on Assets (ROA) of -1.1 percent. Return on Equity (ROE) stands at -2.5% and Return on Investment (ROI) of 0.7 percent.

The stock is currently showing YTD performance of 17.7 Percent. The company has Beta Value of 1.88 and ATR value of 0.7. The Weekly and Monthly Volatility stands at 2.46% and 2.55%.