Micron Technology Inc. (MU)
Micron Technology Statistics
Share Statistics
Micron Technology has 1.12B shares outstanding. The number of shares has increased by 0.79% in one year.
| Shares Outstanding | 1.12B |
| Shares Change (YoY) | 0.79% |
| Shares Change (QoQ) | 0.31% |
| Owned by Institutions (%) | 78.45% |
| Shares Floating | 1.11B |
| Failed to Deliver (FTD) Shares | 80 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 33.9M, so 3.04% of the outstanding shares have been sold short.
| Short Interest | 33.9M |
| Short % of Shares Out | 3.04% |
| Short % of Float | 3.05% |
| Short Ratio (days to cover) | 2.09 |
Valuation Ratios
The PE ratio is 135.74 and the forward PE ratio is 7.9. Micron Technology's PEG ratio is -1.2.
| PE Ratio | 135.74 |
| Forward PE | 7.9 |
| PS Ratio | 4.21 |
| Forward PS | 2.1 |
| PB Ratio | 2.34 |
| P/FCF Ratio | 872.77 |
| PEG Ratio | -1.2 |
Enterprise Valuation
Micron Technology has an Enterprise Value (EV) of 112.57B.
| EV / Sales | 4.48 |
| EV / EBITDA | 11.75 |
| EV / EBIT | 13.23 |
| EV / FCF | 930.34 |
Financial Position
The company has a current ratio of 2.64, with a Debt / Equity ratio of 0.31.
| Current Ratio | 2.64 |
| Quick Ratio | 1.68 |
| Debt / Equity | 0.31 |
| Debt / EBITDA | 1.46 |
| Debt / FCF | 115.76 |
| Interest Coverage | 2.32 |
Financial Efficiency
Return on Equity is 1.72% and Return on Invested Capital is 1.37%.
| Return on Equity | 1.72% |
| Return on Assets | 1.12% |
| Return on Invested Capital | 1.37% |
| Revenue Per Employee | $523.15K |
| Profits Per Employee | $16.21K |
| Employee Count | 48,000 |
| Asset Turnover | 0.36 |
| Inventory Turnover | 2.2 |
Taxes
| Income Tax | 451M |
| Effective Tax Rate | 36.37% |
Stock Price Statistics
The stock price has increased by -30.64% in the last 52 weeks. The beta is 1.23, so Micron Technology's price volatility has been higher than the market average.
| Beta | 1.23 |
| 52-Week Price Change | -30.64% |
| 50-Day Moving Average | 94.99 |
| 200-Day Moving Average | 102.78 |
| Relative Strength Index (RSI) | 42.25 |
| Average Volume (20 Days) | 22.77M |
Income Statement
In the last 12 months, Micron Technology had revenue of 25.11B and earned 778M in profits. Earnings per share was 0.7.
| Revenue | 25.11B |
| Gross Profit | 5.61B |
| Operating Income | 1.3B |
| Net Income | 778M |
| EBITDA | 9.58B |
| EBIT | 1.8B |
| Earnings Per Share (EPS) | 0.7 |
Balance Sheet
The company has 7.04B in cash and 14.01B in debt, giving a net cash position of -6.97B.
| Cash & Cash Equivalents | 7.04B |
| Total Debt | 14.01B |
| Net Cash | -6.97B |
| Retained Earnings | 40.88B |
| Total Assets | 73.05B |
| Working Capital | 16.81B |
Cash Flow
In the last 12 months, operating cash flow was 8.51B and capital expenditures -8.39B, giving a free cash flow of 121M.
| Operating Cash Flow | 8.51B |
| Capital Expenditures | -8.39B |
| Free Cash Flow | 121M |
| FCF Per Share | 0.11 |
Margins
Gross margin is 22.35%, with operating and profit margins of 5.19% and 3.1%.
| Gross Margin | 22.35% |
| Operating Margin | 5.19% |
| Pretax Margin | 4.94% |
| Profit Margin | 3.1% |
| EBITDA Margin | 38.16% |
| EBIT Margin | 5.19% |
| FCF Margin | 0.48% |
Dividends & Yields
MU pays an annual dividend of $0.58, which amounts to a dividend yield of 0.53%.
| Dividend Per Share | $0.58 |
| Dividend Yield | 0.53% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 13.76% |
| Earnings Yield | 0.74% |
| FCF Yield | 0.11% |
Analyst Forecast
The average price target for MU is $126.5, which is 42.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $126.5 |
| Price Target Difference | 42.5% |
| Analyst Consensus | Buy |
| Analyst Count | 24 |
Stock Splits
The last stock split was on May 2, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | May 2, 2000 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 4.23 |
| Piotroski F-Score | 6 |