Micron Technology Stock Today
| MU Stock | USD 111.93 4.40 3.78% |
Performance12 of 100
| Odds Of DistressLess than 14
|
Micron Technology is selling for under 111.93 as of the 19th of April 2024; that is -3.78 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 111.48. Micron Technology has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Micron Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. The company has 1.11 B outstanding shares of which 22.82 M shares are now sold short in the market by investors with about 0.83 days to cover all shorted shares. More on Micron Technology
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Follow Valuation Odds of Bankruptcy
Financial Report 26th of June 2024
Micron Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Micron Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Micron Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Durcan |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, Nasdaq CTA Artificial, SP 500 Index, Philadelphia Semiconductor Index, NASDAQ 100 Technology, Nasdaq 100, ARCA Computer Technology, NASDAQ 100 Pre, NASDAQ Composite, NASDAQ Composite Total, Semiconductor, Electronic Equipment, Trump Equities, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology, Computing (View all Sectors) |
| Financial Strength Based on the key measurements obtained from Micron Technology's financial statements, Micron Technology is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Micron Technology is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
Micron Technology (MU) is traded on NASDAQ Exchange in USA. It is located in 8000 South Federal Way, Boise, ID, United States, 83716-9632 and employs 43,000 people. Micron Technology is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a market capitalization of 134.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Micron Technology's market, we take the total number of its shares issued and multiply it by Micron Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Micron Technology is active under Semiconductors & Semiconductor Equipment sector as part of Information Technology industry. The entity has 1.11 B outstanding shares of which 22.82 M shares are now sold short in the market by investors with about 0.83 days to cover all shorted shares.
Micron Technology reports about 9.33 B in cash with 1.56 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.58.
Check Micron Technology Probability Of Bankruptcy
Ownership AllocationMicron Technology maintains a total of 1.11 Billion outstanding shares. The majority of Micron Technology outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Micron Technology to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Micron Technology. Please pay attention to any change in the institutional holdings of Micron Technology as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Micron Ownership Details
Micron Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Micron Technology jumping above the current price in 90 days from now is about 20.77%. The Micron Technology probability density function shows the probability of Micron Technology stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Micron Technology has a beta of 0.0116. This indicates as returns on the market go up, Micron Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Micron Technology will be expected to be much smaller as well. Additionally, micron Technology has an alpha of 0.3955, implying that it can generate a 0.4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Micron Technology to move above the current price in 90 days from now is about 20.77 (This Micron Technology probability density function shows the probability of Micron Stock to fall within a particular range of prices over 90 days) .
Micron Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Micron Technology market risk premium is the additional return an investor will receive from holding Micron Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Micron Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Micron Technology's alpha and beta are two of the key measurements used to evaluate Micron Technology's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0903 | |||
| Jensen Alpha | 0.3955 | |||
| Total Risk Alpha | 0.1071 | |||
| Sortino Ratio | 0.1376 |
Micron Stock Against Markets
Picking the right benchmark for Micron Technology stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Micron Technology stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Micron Technology is critical whether you are bullish or bearish towards Micron Technology at a given time. Please also check how Micron Technology's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Micron Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Micron Technology Corporate Directors
Micron Technology corporate directors refer to members of a Micron Technology board of directors. The board of directors generally takes responsibility for the Micron Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Micron Technology's board members must vote for the resolution. The Micron Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Bailey | Independent Director | Profile | |
| Lawrence Mondry | Independent Director | Profile | |
| Ivanhoe Donaldson | Senior Director of Investor Relations | Profile | |
| MaryAnn Wright | Director | Profile |
How to buy Micron Stock?
Before investing in Micron Technology, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Micron Technology. To buy Micron Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Micron Technology. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Micron Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Micron Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Micron Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Micron Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
Already Invested in Micron Technology?
The danger of trading Micron Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Micron Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Micron Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Micron Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Micron Stock analysis
When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.