Micron Technology Inc (MU)’s Day in Review: Closing at 66.74, Down by -2.99

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After finishing at $68.80 in the prior trading day, Micron Technology Inc (NASDAQ: MU) closed at $66.74, down -2.99%. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 19.83 million shares were traded. MU stock price reached its highest trading level at $68.0 during the session, while it also had its lowest trading level at $65.645.

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 9.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 123.08. 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 76889153536 and an Enterprise Value of 81394720768. As of this moment, Micron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.04, and their Forward P/E ratio for the next fiscal year is 6.00. 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 2.38 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 2.599 whereas that against EBITDA is 5.771.

Stock Price History:

The Beta on a monthly basis for MU is 1.29, which has changed by -0.40654457 over the last 52 weeks, in comparison to a change of 0.017286062 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 $61.54. The 50-Day Moving Average of the stock is -24.99%, while the 200-Day Moving Average is calculated to be -32.30%.

Shares Statistics:

The stock has traded on average 24.70M shares per day over the past 3-months and 35053880 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 1743379200 were 28547995 with a Short Ratio of 1.16, compared to 1740700800 on 32000669. Therefore, it implies a Short% of Shares Outstanding of 28547995 and a Short% of Float of 2.56.

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 0.0066860463The 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.

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