The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Micron Technology Inc (NASDAQ: MU) closed at $93.22 down -2.30% from its previous closing price of $95.41. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 18.5 million shares were traded.
Ratios:
For a deeper understanding of Micron Technology Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 187.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on December 19, 2024, Reiterated its Buy rating but revised its target price to $125 from $135 previously.
On December 19, 2024, Needham reiterated its Buy rating and also upped its target price recommendation from $140 to $120.
BofA Securities Downgraded its Buy to Neutral on December 19, 2024, whereas the target price for the stock was revised from $125 to $110.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 18 ’25 when MEHROTRA SANJAY sold 6,576 shares for $105.29 per share. The transaction valued at 692,364 led to the insider holds 579,202 shares of the business.
MEHROTRA SANJAY sold 924 shares of MU for $92,622 on Feb 14 ’25. The President and CEO now owns 585,778 shares after completing the transaction at $100.24 per share. On Feb 14 ’25, another insider, Deboer Scott J, who serves as the EVP, CTO and Products Officer of the company, sold 23,047 shares for $100.00 each. As a result, the insider received 2,304,700 and left with 208,666 shares of the company.
Valuation Measures:
As of this moment, Micron’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.92, and their Forward P/E ratio for the next fiscal year is 8.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.57 while its Price-to-Book (P/B) ratio in mrq is 2.22.
Stock Price History:
Over the past 52 weeks, MU has reached a high of $157.54, while it has fallen to a 52-week low of $83.54. The 50-Day Moving Average of the stock is -3.44%, while the 200-Day Moving Average is calculated to be -13.12%.
Shares Statistics:
A total of 1.11B shares are outstanding, with a floating share count of 1.11B. Insiders hold about 0.44% of the company’s shares, while institutions hold 79.67% stake in the company.
