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Micron (IT:1MU)
MILAN:1MU
Holding IT:1MU?
Track your performance easily
1MU Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€61.00 - €147.72
Previous Close€101.88
Volume4.03K
Average Volume (3M)3.59K
Market Cap
€114.25B
Enterprise Value€119.64B
Total Cash (Recent Filing)$8.11B
Total Debt (Recent Filing)$14.01B
Price to Earnings (P/E)―
Beta0.81
Next Earnings
Dec 18, 2024EPS Estimate
€1.58Last Dividend Ex-Date
Oct 07, 2024Dividend Yield0.41%
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,108,742,682
10 Day Avg. Volume500
30 Day Avg. Volume3,590
Standard Deviation0.14
R-Squared0.00187
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.98
Price to Sales (P/S)5.81
Price to Cash Flow (P/CF)12.50
P/FCF Ratio66.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.76
Enterprise Value/Gross Profit21.31
Enterprise Value/Ebitda13.35
Forecast
1Y Price Target
€137.22Price Target Upside34.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
Micron News
PremiumMarket News
QQQ ETF Update, 10/16/2024 
PremiumMarket News
QQQ ETF Update, 10/11/2024 
PremiumMarket News
VOO ETF Update, 10/10/2024 
Bulls Say, Bears Say
Bulls Say
AI And Data Center GrowthAI continues to drive strong memory demand across the data center, as complexities across training and inference demand higher capacity and more efficient memory.
Financial PerformanceMicron posted a strong quarter & outlook, particularly given lower recent expectations.
Technology LeadershipMicron remains one of the top semiconductor ideas based on attractive valuation, AI-driven HBM new cycle, along with Micron's renewed technology leadership.
Bears Say
Inventory LevelsElevated DRAM and NAND inventory across the PC and smartphone OEMs is likely to remain a source of investor concern as it pertains to near-term pricing for select product segments.
Investor SentimentRoughly 80% of investors are negative.
Market OversupplyThe evidence of oversupply is clear with record producer inventories everywhere and customers pausing builds as they had bought ahead of recent price cuts.
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Options Prices
Currently, No data available
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Ownership Overview
0.30% Insiders
26.92% Mutual Funds
0.92% Other Institutional Investors
47.87% Public Companies and
Individual Investors
1MU FAQ
What was Micron’s price range in the past 12 months?
Micron lowest stock price was €61.00 and its highest was €147.72 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 Dec 18, 2024 which is in 60 days.
How were Micron’s earnings last quarter?
Micron released its earnings results on Sep 25, 2024. The company reported €1.078 earnings per share for the quarter, beating the consensus estimate of €1.016 by €0.062.
Is Micron overvalued?
According to Wall Street analysts Micron’s price is currently Undervalued.
Does Micron pay dividends?
Micron pays a Quarterly dividend of €0.11 which represents an annual dividend yield of 0.41%. See more information on Micron dividends here
What is Micron’s EPS estimate?
Micron’s EPS estimate is €1.58.
How many shares outstanding does Micron have?
Micron has 1,108,742,700 shares outstanding.
What happened to Micron’s price movement after its last earnings report?
Micron reported an EPS of €1.078 in its last earnings report, beating expectations of €1.016. Following the earnings report the stock price went up 14.846%.
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 5B.
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Micron Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€137.22 (34.69% Upside)
€137.22 (34.69% Upside)
Blogger Sentiment
Bullish
IT:1MU Sentiment 87%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
61.45%
12-Months-Change
Fundamentals
Return on Equity
1.74%
Trailing 12-Months
Asset Growth
8.03%
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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1MU Earnings Call
Q4 2024
0:00 / 0:00
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1MU 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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1MU Stock 12 Month Forecast
Average Price Target
€137.22
▲(34.69% Upside)
Technical Analysis
Best Analysts Covering 1MU
1 Year
1 Year Success Rate
18/25 ratings generated profit
1 Year Average Return
+21.90%
reiterated a buy rating 25 days ago
Copying Chris Caso's trades and holding each position for 1 Year would result in 72.00% of your transactions generating a profit, with an average return of +21.90% per trade.
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