Micron Technology Inc. (MU) is owned by a number of high-value investors. Its largest direct holder is Sanjay Mehrotra Director, President and Chief Executive Officer with 543,312 shares. The second-largest direct holder is Joel L. Poppen Senior Vice President of Legal Affairs, General Counsel and Corporate Secretary, with 281,395 shares of the company’s stock. In third place with 203,840 shares of MU is Manish H. Bhatia Executive Vice President, Global Operations.
Now turning to institutional ownership of Micron Technology Inc. (MU), The Vanguard Group, Inc. is the top holder with 84.96 million shares. The next largest fund holder of this company’s stock is PRIMECAP Management Co. with 56.62 million shares. In the third-place spot with 50.87 million shares is BlackRock Fund Advisors.
This company’s stock price was $47.51 at the previous market close, with its latest volume reaching 7263932. Compare that to its average daily volume of 19.84M. Given the fact that this stock has 1.12B shares outstanding, its current market value is sitting at $53.32B. This publicly-traded stock’s 60-month Beta is 1.95. Its Price to Sales ratio is 2.28, its Price to Cash Flow ratio is 6.70, and its Price to Book ratio is 1.46.
MU stock has achieved a 5-day range of $45.94 to $48.26, with a total performance of +3.58% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $45.04 to $49.90, generating a -1.25% change during the period. In the past three months, this stock’s price has changed by +6.36%, trading in the range of $41.75 to $51.39.
In the past 5 days, shares of MU have made a new high 3 times. In the last month, it has made a new high 3 times, and in the past 3 months, it has made a new high 5 times.
Now let’s turn to this public company’s earnings. For the quarter ending 8/30/2019, the earnings per share (EPS) was reported at 0.56. This is a 0.07 difference compared to the consensus estimate of 0.49, amounting to an earnings surprise of 14.30%. In the previous quarter, which ended in 8/30/2019, the consensus estimate was 0.79, making for an earnings surprise of 32.90%. For the quarter ending 2/27/2019, EPS was reported at 1.71, generating a 2.40% earnings surprise.
The Net Income for the most recent full fiscal year, which ended in 08-2019, was $6.36 billion. This is compared to the prior year, where Net Income was $14.14 billion. Meanwhile, this company’s Operating Cash Flow was $13.19 billion for the year, compared to $17.4 billion in 2017. Capital Expenditures for the year were reportedly -$9.78 billion, compared to -$8.88 billion, and Free Cash flow was $3.41 billion compared to the prior year’s $8.52 billion.
Micron Technology Inc. (MU) stock currently has a Financial Strength score of 8/10. This is due to a combination of factors, including a Cash to Debt ratio of 1.36, an Equity to Asset ratio of 0.73, a Debt to Equity ratio of 0.16 and a Debt to EBITDA of 0.46. The Interest Coverage of this stock is 58.39, its Piotroski F-Score is 4, its Altman Z-Score is 4.7 and its Beneish M-Score is -3.46.
This publicly-traded company’s Profitability and Growth score is 9/10, thanks to a combination of things: an Operating Margin of 31.93, a Net Margin of 26.97, a ROE of 18.36, and a ROC of 24.07.
Shifting focus now to Valuation and Return for MU, this company’s Price to Tangible Book is 1.53 and its Price to Median PS Value is 1.63. Price to Peter Lynch Fair Value for MU is now 0.35, and this organization’s Price to Graham Number is 0.77. Meanwhile, its Forward Rate of Return (Yactman) is 24.49.
Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for MU is sitting at 1.78, while its Current Ratio is 2.58 and its PEG Ratio is 0.29. This stock’s PB Ratio is 1.46, its PS Ratio is 2.33, its Forward PE Ratio is 15.63, and its PE Ratio without NRI is 8.7. Similarly, its Shiller PE Ratio is 16.23, its Price to Owner Earnings is 7.5, its Price to Free Cash Flow is 16.15 and its Price to Operating Cash Flow is 4.14.