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Micron Technology Inc MU Stock Quote

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NASDAQ: MU

Morningstar‘s Stock Analysis MU

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Is it the right time to buy or sell?

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Economic Moat

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Capital Allocation

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We Forecast Micron Will Have a Weaker Fiscal 2023, but Long-Term Secular Trends Remain Prevalent

Abhinav Davuluri Sector Strategist

Business Strategy and Outlook

| Abhinav Davuluri |

Micron Technology is a prominent supplier and manufacturer of memory and storage used in a plethora of electronic devices ranging from personal computers to smartphones. The firm is number three in market share for total memory/storage shipments, after Samsung and SK Hynix. DRAM accounts for about 70% of total revenue, with NAND making up the remainder. As Micron operates in the highly competitive and cyclical memory space, we believe its long-term profitability will be somewhat volatile, though recent consolidation has helped mitigate the sharp swings Micron and its peers have experienced historically.

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Key Statistics MU

Company Profile MU

Business Description

Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.

Contact
8000 South Federal Way, Post Office Box 6
Boise, ID, 83716-9632
Industry Semiconductors
Employees 48,000

Related Articles MU

FAQs for Micron Technology Inc Stock

Yes. MU has a forward dividend yield of 0.83%. See MU’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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MU’s market cap is 60.22 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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MU’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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MU’s price/sales is 2.01.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

MU’s price/forward earnings is 153.85.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

MU’s price/book is 1.21.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

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MU’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MU’s historical performance against its industry peers and the overall market.