Economy

Micron Technology, Inc. Setting The Table For Earnings

Micron Technology, Inc. Setting The Table For Earnings”

The stock rose 0.36% or $0.13 reaching $36.2. About 72,388 shares traded.

Micron Technology, Inc., launched on April 6, 1984, is involved in semiconductor systems. It has outperformed by 159.57% the S&P500.The move comes after 7 months negative chart setup for the $38.67B company. (NASDAQ:JACK). Aqr Capital Mgmt Limited Liability Company reported 478,530 shares stake. (NASDAQ:MU) was sold by Deboer Scott J. Thorsen Steven L. JR sold $1.42 million worth of stock. More interesting news about Micron Technology, Inc. Cummins Inc now has $28.16 billion valuation. The stock increased 2.17% or $1.3 on September 22, reaching $61.25. About 25.77M shares traded. It is down 0.00% since September 25, 2016 and is. It has outperformed by 23.17% the S&P500.

Micron Technology (NASDAQ:MU) previously issued its periodic earnings reports on Early Thur, Jun 29th. Analysts forecast earnings per share of $1.73, up exactly $1.78 or 3,560.00 % from 2014's $-0.05 EPS. Annual EPS Growth of past 5 years is -29.30%.

In terms of earnings per share, 24 analysts have a 1.51 EPS mean target for the quarter ending May-17, for the quarter ending Aug-17, 24 analysts have a 1.83 EPS mean target and for the quarter ending Aug-17 there are 25 estimates of 4.73 EPS.

Micron Technology, Inc. (NASDAQ:MU) received a Buy rating from 7 analysts. 2 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. Therefore 83% are positive.

Los Angeles Capital Management & Equity Research Inc. decreased its stake in shares of Micron Technology, Inc. (NASDAQ:JACK) earned "Equal-Weight" rating by Barclays Capital on Friday, February 19. The rating was upgraded by Goldman Sachs to "Buy" on Wednesday, March 1. The company was maintained on Tuesday, August 29 by Citigroup. According to today's trading volume Micron Technology, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Micron Technology presently has an average rating of Buy and a consensus target price of $37.89. $1.42 million worth of Micron Technology, Inc. "(MU) Earns Buy Rating from MKM Partners" was published by Equities Focus and is the sole property of of Equities Focus. Needham has "Buy" rating and $50.0 target. The rating was maintained by Macquarie Research with "Neutral" on Thursday, September 22. Mizuho reissued a "buy" rating and issued a $35.00 price target on shares of Micron Technology in a research note on Friday, June 16th. Vanguard Group Inc. now owns 86,141,622 shares of the semiconductor manufacturer's stock valued at $2,489,492,000 after buying an additional 4,004,759 shares during the period. On Thursday, June 1 ARNZEN APRIL S sold $30,750 worth of Micron Technology, Inc. Employees Retirement Systems Of Texas holds 0.03% of its portfolio in Matthews International Corp (NASDAQ:MATW) for 33,000 shares. Byrne Patrick J sold 14,143 shares worth $408,911. Falcon Point Ltd owns 6,870 shares.

Investors sentiment increased to 1.45 in Q2 2017. For the most recent quarter, quick ratio was 1.5, current ratio was 2.1, LT Debt/Equity ratio was 0.65 and Total Debt/Equity ratio stands at 0.72, while Payout ratio is 0.

Want to see what other hedge funds are holding MU? 85 funds opened positions while 218 raised stakes. 108,600 are held by Andra Ap. Moreover, Kj Harrison has 0.12% invested in Micron Technology, Inc. Hilltop has 0.16% invested in Micron Technology, Inc. (NASDAQ:MU). Cornerstone Advisors invested 0.01% of its portfolio in Micron Technology, Inc. Pinnacle Assoc Ltd invested in 162,623 shares. Pioneer Invest owns 81,982 shares. M&T Natl Bank Corp has invested 0.01% in Micron Technology, Inc. Apg Asset Management Nv has invested 0.05% in Micron Technology, Inc.

Micron Technology, Inc. has established itself as one of the leading worldwide providers of semiconductor memory solutions. (NASDAQ:MU) rating on Wednesday, December 23. Discovery Mngmt Ltd Liability Co Ct has invested 3.45% in Micron Technology, Inc. (NASDAQ:MU). Wealthfront Inc invested in 0.01% or 32,656 shares.

Among 41 analysts covering Micron Technology Inc. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, twenty-nine have issued a buy rating and two have given a strong buy rating to the stock. Jack In The Box Inc. had 46 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Micron Technology, Inc. Cowen & Co initiated it with "Buy" rating and $21 target in Wednesday, October 12 report. The firm has "Buy" rating given on Monday, August 7 by Oppenheimer. Stifel Nicolaus maintained the stock with "Hold" rating in Monday, July 17 report. The rating was maintained by Sterne Agee CRT with "Buy" on Wednesday, December 23. (NYSE:CMI) has "Underperform" rating given on Tuesday, December 1 by Bank of America. Its up 0.03, from 1.05 in 2017Q1. It improved, as 11 investors sold MATW shares while 47 reduced holdings. 48 funds opened positions while 53 raised stakes.



Like this

loading...
loading...

Latest


26 September 2017
Too Much Too Quickly? Stock Enters Overbought Range: ConocoPhillips (NYSE:COP)
This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. (NASDAQ:TSLA). The stock is now moving above its 20-Day Simple Moving Average of 10.05% with a 50-Day Simple Moving Average of 11.99 percent.

26 September 2017
NXP Semiconductors NV's (NXPI) "Hold" Rating Reaffirmed at KeyCorp
Baldwin Investment Management LLC boosted its position in shares of NXP Semiconductors N.V.by 0.8% during the second quarter. It dived, as 52 investors sold HIG shares while 211 reduced holdings. 71 funds opened positions while 168 raised stakes.

26 September 2017
Donald Trump extends travel ban to North Korea and Venezuela
But an administration official admitted that the number of North Koreans travelling to the United States is very low. The order expired on Sunday and the Supreme Court is set to hear arguments about its constitutionality next month.

26 September 2017
Bank Of New York Mellon Corporation (The) (NYSE:BK) EPS Analysis
It improved, as 50 investors sold BK shares while 311 reduced holdings. 37 funds opened positions while 72 raised stakes. Financial Engines Advisors Llc decreased Bank Of New York Mellon Corp (BK) stake by 7.75% reported in 2017Q2 SEC filing.

26 September 2017
Analysts Recommendations United Parcel Service, Inc. (UPS)
Analysts anticipate that United Parcel Service, Inc . will post $6.01 EPS for the current year. (NYSE: UPS ) for 700 shares. A number of other hedge funds and other institutional investors have also made changes to their positions in the business.

26 September 2017
Vimeo Acquires Livestream, Launches Live Video Platform
Vimeo Live supports live broadcasts in full 1080p HD with built-in cloud transcoding and adaptive bit-rate streaming. Vimeo has added live-streaming tools to its video platform for the first time with the launch of Vimeo Live.

26 September 2017
Red cards for cricketers, DRS modifications: ICC's new rules explained
The ICC also said that a player can now be sent off the field for the rest of the match for any serious misconduct. The DRS will now be used in T20 internationals as well - teams will have one unsuccessful review per innings.

26 September 2017
Devon Energy Corporation (DVN) Shares Bought by HGK Asset Management Inc
It fall, as 33 investors sold DEPO shares while 54 reduced holdings. 66 funds opened positions while 261 raised stakes. Narrowing in a bit closer, the 5 month price index is 0.90156, the 3 month is 1.17585, and the 1 month is now 1.15688.

26 September 2017
'GoT' actors Kit Harrington, Rose Leslie officially off the market
He added: 'I said to her, cause she's moved into my house, "Look darling, it's important that this is our space". But now, it turns out they've just got engaged after Kit got down on one knee last week.

26 September 2017
AbbVie Inc. (ABBV) Earns Buy Rating from Goldman Sachs Group Inc
The value of the investment in (ABBV) went from $624,000 to $1,223,000,000 a change of $1,222,376,000 quarter to quarter. Gyroscope Capital Management Group Llc increased Cardinal Health Inc (CAH) stake by 11% reported in 2017Q2 SEC filing.