In the latest trading session,, 3.06 million Micron Technology Inc (NASDAQ:MU) shares changed hands as the company’s beta touched 1.31. With the company’s most recent per share price at $97.78 changed hands at -$0.32 or -0.33% at last look, the market valuation stands at $109.28B. MU’s current price is a discount, trading about -61.12% off its 52-week high of $157.54. The share price had its 52-week low at $61.54, which suggests the last value was 37.06% up since then.
Analysts gave the Micron Technology Inc (MU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.52. If we narrow down to specifics, the data shows that 0 out of 32 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended MU as a Hold, 27 felt it is a Buy and 0 rated the stock as Underweight.
Micron Technology Inc (NASDAQ:MU) trade information
Instantly MU was in red as seen in intraday trades today. With action 2.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.18%, with the 5-day performance at 2.58% in the green. However, in the 30-day time frame, Micron Technology Inc (NASDAQ:MU) is 39.27% up.
The consensus price target for the stock as assigned by Wall Street analysts is 125, meaning bulls need an upside of 21.78% from its recent market value. According to analyst projections, MU’s forecast low is 112 with 140 as the target high. To hit the forecast high, the stock’s price needs a -43.18% plunge from its current level, while the stock would need to soar -14.54% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -33.89%. The 2025 estimates are for Micron Technology Inc earnings to increase by 439.42%, but the outlook for the next 5-year period is at 104.46% per year.
MU Dividends
Micron Technology Inc is expected to release its next quarterly earnings report in June. The 0.47% annual yield figure for the share gives it an annual dividend of 0.46. It is important to note, however, that the 0.47% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.2943% or 91.82 million shares worth $12.08 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 34.79 shares estimated at $3.41 billion under it, the former controlled 3.11% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.69% of the shares, roughly 30.01 shares worth around $2.94 billion.
