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Micron (GB:0R2T)
LSE:0R2T
Micron (0R2T) Share Price & Analysis
5 Followers
0R2T Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.69 - $130.90
Previous Close$107.17
Volume63.94K
Average Volume (3M)199.37K
Market Cap
$118.23B
Enterprise Value$123.54B
Total Cash (Recent Filing)$9.01B
Total Debt (Recent Filing)$14.31B
Price to Earnings (P/E)-31.1
Beta1.27
Next Earnings
Jun 26, 2024EPS Estimate
$0.47Last Dividend Ex-Date
Mar 28, 2024Dividend Yield0.43%
Share Statistics
EPS (TTM)-3.45
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume199,374
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.75
Enterprise Value/Gross Profit-87.25
Enterprise Value/Ebitda31.50
Forecast
1Y Price Target
$132.00Price Target Upside23.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering25
Micron News
PremiumCompany Announcements
Micron Seeks Federal Grants for Virginia Facility Upgrade
Bulls Say, Bears Say
Bulls Say
Government SupportMicron is set to receive substantial government subsidies for its DRAM production expansion, aligning with strategic government initiatives and indicating a strong vote of confidence in the company's growth plans.
Long-term GrowthMicron's commitment to invest $100 billion over the next two decades in a megafab in Central New York showcases the company's long-term growth potential and vision for scaling operations.
Product DemandMicron is ramping up its High Bandwidth Memory (HBM) production, tapping into the growing demand in AI and other advanced technologies, and is poised to significantly increase its market share in the expanding HBM market.
Bears Say
Financial PerformanceFinished Goods inventory levels have continued to decline, indicating a potential overstock from previous periods, which may pressure future earnings.
Market CompetitionMicron faces intense competition in the HBM market from players like SK Hynix and Samsung, posing risks to its market share and revenue growth.
Production IssuesMicron's DRAM manufacturing in Taiwan is not yet at full production following an earthquake, likely leading to a shortfall in supply.
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Options Prices
Currently, No data available
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Ownership Overview
1.47% Insiders
27.97% Mutual Funds
23.43% Other Institutional Investors
47.13% Public Companies and
Individual Investors
0R2T FAQ
What was Micron’s price range in the past 12 months?
Micron lowest share price was $57.69 and its highest was $130.90 in the past 12 months.
What is Micron’s market cap?
Currently, no data Available
When is Micron’s upcoming earnings report date?
Micron’s upcoming earnings report date is Jun 26, 2024 which is in 62 days.
How were Micron’s earnings last quarter?
Micron released its earnings results on Mar 20, 2024. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of -$0.253 by $0.673.
Is Micron overvalued?
According to Wall Street analysts Micron’s price is currently Undervalued.
Does Micron pay dividends?
Micron pays a Quarterly dividend of $0.12 which represents an annual dividend yield of 0.43%. See more information on Micron dividends here
What is Micron’s EPS estimate?
Micron’s EPS estimate is $0.47.
How many shares outstanding does Micron have?
Micron has 1,107,368,200 shares outstanding.
What happened to Micron’s price movement after its last earnings report?
Micron reported an EPS of $0.42 in its last earnings report, beating expectations of -$0.253. Following the earnings report the stock price went up 15.816%.
Which hedge fund is a major shareholder of Micron?
Among the largest hedge funds holding Micron’s share is PRIMECAP Management Co. It holds Micron’s shares valued at 3B.
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Micron Stock Smart Score
Outperform
1
2
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$132.00 (23.17% Upside)
$132.00 (23.17% Upside)
Blogger Sentiment
Bullish
GB:0R2T Sentiment 74%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
77.07%
12-Months-Change
Fundamentals
Return on Equity
-8.27%
Trailing 12-Months
Asset Growth
-1.21%
Trailing 12-Months
Company Description
Micron
Founded in 1978 and based in Idaho, Micron Technology, Inc. is a leader in providing innovative memory and storage solutions worldwide. It produces computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. The company operates through four segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU).
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0R2T Company Deck
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0R2T Earnings Call
Q2 2024
0:00 / 0:00
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0R2T Revenue Breakdown
36.74% Compute and Networking Business Unit
23.40% Embedded Business Unit
23.36% Mobile Business Unit
16.43% Storage Business Unit
0.06% Other
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0R2T Stock 12 Months Forecast
Average Price Target
$132.00
▲(23.17% Upside)
Technical Analysis
Best Analysts Covering 0R2T
1 Year
1 Year Success Rate
32/44 ratings generated profit
1 Year Average Return
+39.92%
reiterated a buy rating last month
Copying Timothy Arcuri's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +39.92% per trade.
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