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After finishing at $64.72 in the prior trading day, Micron Technology Inc (NASDAQ: MU) closed at $68.37, up 5.64%. In other words, the price has increased by $5.64 from its previous closing price. On the day, 49.55 million shares were traded. MU stock price reached its highest trading level at $72.46 during the session, while it also had its lowest trading level at $61.54.
Ratios:
Our goal is to gain a better understanding of MU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 126.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 3.13. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
On December 19, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $135 to $125.
Needham reiterated its Buy rating for the stock on December 19, 2024, while the target price for the stock was revised from $140 to $120.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 25 ’25 when ARNZEN APRIL S sold 15,000 shares for $96.18 per share. The transaction valued at 1,442,700 led to the insider holds 164,769 shares of the business.
ARNZEN APRIL S bought 15,000 shares of MU for $1,442,000 on Mar 25 ’25. On Mar 14 ’25, another insider, RAY MICHAEL CHARLES, who serves as the SVP, Chief Legal Officer of the company, sold 6,525 shares for $100.00 each. As a result, the insider received 652,500 and left with 92,437 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MU now has a Market Capitalization of 76408266752 and an Enterprise Value of 79137226752. As of this moment, Micron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.43, and their Forward P/E ratio for the next fiscal year is 6.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 2.526 whereas that against EBITDA is 5.611.
Stock Price History:
The Beta on a monthly basis for MU is 1.30, which has changed by -0.44246924 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, MU has reached a high of $157.54, while it has fallen to a 52-week low of $63.86. The 50-Day Moving Average of the stock is -26.32%, while the 200-Day Moving Average is calculated to be -32.71%.
Shares Statistics:
The stock has traded on average 23.53M shares per day over the past 3-months and 27868400 shares per day over the last 10 days, according to various share statistics. A total of 1.12B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 0.44% of the company’s shares, while institutions hold 79.50% stake in the company. Shares short for MU as of 1741910400 were 30815983 with a Short Ratio of 1.31, compared to 1739491200 on 37871651. Therefore, it implies a Short% of Shares Outstanding of 30815983 and a Short% of Float of 2.77.
Dividends & Splits
In the trailing 12 months, MU’s forward annual dividend rate was 0.46, compared to 0.46 this year. Against a Trailing Annual Dividend Yield of 0.00710754The stock’s 5-year Average Dividend Yield is 0.33. The current Payout Ratio is 66.10% for MU, which recently paid a dividend on 2025-03-31 with an ex-dividend date of 1743379200. Stock splits for the company last occurred on 2000-05-02 when the company split stock in a 2:1 ratio.
