Standpoint Research analysts disclosed their opinion on Micron Technology, Inc. Vetr lowered Micron Technology from a "strong-buy" rating to a "buy" rating and set a $17.58 price target on the stock.in a research note on Thursday, August 18th. (NASDAQ:MU) and Changjiang Storage. (NASDAQ:MU) Semiconductor- Memory Chips on its PE ratio displays a value of *TBA with a Forward PE of 10.92. The stock is now trading up by 0.18% at $19.21, as of 11:21 AM EST. The stock hit its 52-week high price on 11/17/16 and 52-week low price on 1/20/16. 2 given Buy rating to the stock whereas 5 analysts given UNDERPERFORM rating to stock and 15 analysts given HOLD rating. (NASDAQ:MU) recently. The rating firm gave a Hold rating to this stock in a research note published on Aug 29, 2016.
"No deal has been made, according to the reports, but a deal is possible next year and an agreement could move beyond licensing to include a joint venture (JV) or share ownership". For the Current Quarter, 16 analyst are projecting the mean EPS to be $0.5/share.
For the ongoing Fiscal Quarter, 20 analysts have an average earnings forecast of $-0.12 per share.
On the contrary, Zacks gets a consensus analyst rating on the stock.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.19 on the shares of Micron Technology, Inc. When we look at the Volatility of the company, Week Volatility is at 3.24% whereas Month Volatility is at 3.26%. The insider owns 2,619,376 shares which have current market value of around $50239631.68.Mr. Steven R. Appleton is another major inside shareholder in the company. Earnings, with 17 analysts believing the company would generate an Average Estimate of $0.19. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, twenty-five have issued a buy rating and two have issued a strong buy rating to the stock. The stock had a trading volume of 22,743,987 shares.
In case of Revenue Estimates, 21 analysts have provided their consensus Average Revenue Estimates for Micron Technology, Inc.as 3.71 Billion.
10/24/2016 - Micron Technology, Inc. had its "outperform" rating reiterated by analysts at Robert W. Baird. The mean price target for the stock is listed at $129.04. Currently, the highest target estimate from covering analysts is $23. Return on Equity (ROE) stands at -2.3% and Return on Investment (ROI) of 0.7 percent. The authority will not be liable for anyone who makes stock portfolio or financial decisions as per the editorial, which is based only on limited and open source.
In other Micron Technology news, VP April S. Arnzen sold 11,424 shares of the stock in a transaction that occurred on Thursday, October 6th.
Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 5000 shares were traded.
19 number of analysts have estimated the sales of the company for the quarter ending Dec 20, 2016- Dec 27, 2016, analysts estimated mean sale target of 4073.61 million while high and low sale targets are estimated at 4707.7 million and 3769.6 million respectively.
Beta is also an important valuation ratio for analyzing the stock of the company, 13 has Beta of 1.96 while its industry and Sector's beta remains at 1.28 and 1.18 respectively.