Micron Technology Net Worth

Micron Technology Net Worth Analysis

Micron Technology Target Price Consensus

Micron Technology Target Price Projection

Micron Technology's current and average target prices are 114.84 and 73.98, respectively. The current price of Micron Technology is the price at which Micron Technology is currently trading. On the other hand, Micron Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Micron Technology and the information provided on this page.

Know Micron Technology's Top Institutional Investors

Note, although Micron Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Micron Technology's market capitalization trends

The company currently falls under 'Mega-Cap' category with a market capitalization of 127.17 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.

Project Micron Technology's profitablity

The company has Net Profit Margin (PM) of (0.21) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.03 %, which signifies that for every $100 of sales, it has a net operating income of $0.03.

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate Micron Technology's management efficiency

Micron Technology has Return on Asset (ROA) of (0.0377) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0377. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0827) %, which implies that it produced no returns to current stockholders. Micron Technology's management efficiency ratios could be used to measure how well Micron Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.08 in 2024. Return On Capital Employed is likely to drop to -0.11 in 2024. At this time, Micron Technology's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 77.6 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 789.8 M in 2024.

Micron Technology Corporate Filings

Micron Technology time-series forecasting models is one of many Micron Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Micron Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Micron Technology Earnings Estimation Breakdown

The calculation of Micron Technology's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Micron Technology is estimated to be 0.47 with the future projection ranging from a low of 0.44 to a high of 0.56. Please be aware that this consensus of annual earnings estimates for Micron Technology is based on EPS before non-recurring items and includes expenses related to employee stock options.

Micron Technology Earnings Projection Consensus

Micron Technology Earnings per Share Projection vs Actual

Actual Earning per Share of Micron Technology refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Micron Technology predict the company's earnings will be in the future. The higher the earnings per share of Micron Technology, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Micron Technology Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Micron Technology, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Micron Technology should always be considered in relation to other companies to make a more educated investment decision.

Micron Quarterly Analyst Estimates and Surprise Metrics

Be your own money manager

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.

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.

How to buy Micron Stock?

The net worth of Micron Technology is the difference between its total assets and liabilities. Micron Technology's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Micron Technology's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Micron Technology's net worth can be used as a measure of its financial health and stability which can help investors to decide if Micron Technology is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Micron Technology stock.

Already Invested in Micron Technology?

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:

How To Invest In Micron Details

Is Micron Stock a good investment? Details

What is Micron Technology's Net Worth? Details

Largest Semiconductors & Semiconductor Equipment Companies View

Largest Information Technology Companies View

Complementary Tools for Micron Stock analysis

Altman Z Score Details

Piotroski F Score Details

Beneish M Score Details

Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details