Revenue Estimates Analysis of: Micron Technology, Inc. (NASDAQ:MU)


Micron Technology, Inc. (NASDAQ:MU) will report its next earnings on 21-Dec-16. The company reported the earnings of $-0.05/Share in the last quarter where the estimated EPS by analysts was $-0.12/share. The difference between the expected and actual EPS was $0.07/share, which represents an Earnings surprise of 58.3%.

Many analysts are providing their Estimated Earnings analysis for Micron Technology, Inc. and for the current quarter 17 analysts have projected that the stock could give an Average Earnings estimate of $0.19/share. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.29/share.

In case of Revenue Estimates, 21 analysts have provided their consensus Average Revenue Estimates for Micron Technology, Inc. as 3.71 Billion. According to these analysts, the Low Revenue Estimate for Micron Technology, Inc. is 3.56 Billion and the High Revenue Estimate is 3.81 Billion. The company had Year Ago Sales of 3.35 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for MU to be -20.8%. They are projecting Next Quarter growth of 680%. For the next 5 years, Micron Technology, Inc. is expecting Growth of 1% per annum, whereas in the past 5 years the growth was 47.38% per annum.

Some buy side analysts are also providing their Analysis on Micron Technology, Inc., where 6 analysts have rated the stock as Strong buy, 12 analysts have given a Buy signal, 4 said it’s a HOLD, 4 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 21 Analysts reported that the Price Target for Micron Technology, Inc. might touch $27 high while the Average Price Target and Low price Target is $20.07 and $8 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Micron Technology, Inc. got Initiated on 12-Oct-16 where investment firm Cowen Initiated the stock to Buy.

Micron Technology, Inc. closed its last trading session at $19.99 with the loss of -2.85%. The Market Capitalization of the company stands at 20.23 Billion. The Company has 52-week high of $20.44 and 52-week low of $9.31. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 7.15% where SMA50 and SMA200 are 9.89% and 40.52% respectively. The Company Touched its 52-Week High on Nov 25, 2016 and 52-Week Low on Jan 20, 2016.

The Relative Volume of the company is 1.49 and Average Volume (3 months) is 25.37 million. Micron Technology, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 11.06.

The company shows its Return on Assets (ROA) value of -1.1%. The Return on Equity (ROE) value stands at -2.3%. While it’s Return on Investment (ROI) value is 0.7%.

While looking at the Stock’s Performance, Micron Technology, Inc. currently shows a Weekly Performance of -0.36%, where Monthly Performance is 12.91%, Quarterly performance is 16.01%, 6 Months performance is 48.36% and yearly performance percentage is 21.91%. Year to Date performance value (YTD perf) value is 37.15%. The Stock currently has a Weekly Volatility of 2.67% and Monthly Volatility of 3.21%.