Analyst Stance On Two Stocks: Micron Technology, Inc. (MU), BlackBerry Limited (BBRY)

Leslie Hanson
October 13, 2017

Let's have a look at some of the important valuation ratios of the Micron Technology, Inc. (NASDAQ:MU) puts the stock on today's active list. Bridgeway Capital Management Inc owns 106,810 shares or 0.01% of their U.S. portfolio. Inc.'s holdings, making the stock its 5th biggest holding.

Micron Technology, Inc. (NASDAQ:MU) that has shown a discernible change in trend levels over the path of recent market activity. Georgia-based Vident Advisory Limited Liability Com has invested 0.27% in Micron Technology, Inc. For the quarter, shares have been noted at 33.67%. Guardian Life Insurance Co. of America now owns 4,004 shares of the semiconductor manufacturer's stock worth $116,000 after buying an additional 13 shares during the last quarter. Captrust Financial Advisors purchased a new stake in shares of Micron Technology during the 2nd quarter worth approximately $107,000. The short ratio in the company's stock is documented at 1.72 and the short float is around of 4.79%. National Pension Ser invested 0.18% of its portfolio in Micron Technology, Inc. Empire Life Investments Inc. bought a new stake in Micron Technology during the 1st quarter worth about $8,813,000. BMO Capital Markets began coverage on shares of Micron Technology in a research note on Monday, October 2nd. Institutional investors and hedge funds own 79.29% of the company's stock. Director Robert L. Bailey sold 3,000 shares at an average price of $28.47 on Tue the 1st. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 287,465 shares of company stock valued at $10,620,575 in the last quarter. Following the transaction, the senior vice president now owns 289,940 shares in the company, valued at $11,046,714. The disclosure for this sale can be found here. The stock decreased 0.88% or $0.37 during the last trading session, reaching $41.61. Stonebridge Cap Advsr Limited accumulated 71,390 shares or 0.56% of the stock. Zacks' EPS calculations are a mean average based on a survey of research firms that cover Micron Technology. (NASDAQ:MU) shares were sold by Shirley Brian.

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The highest price MU stock touched in the last 12 month was $42.07 and the lowest price it hit in the same period was $16.17.

Tightening the gaze, stock performance for the last 5 trading days is -0.91%. Looking at a shorter time period, shares have been seen -2.26% away from the 50 day high and 53.15% off the 50 day low price. The total dollar value of all 1.12 billion outstanding shares is 46.99 billion.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Tuesday, September 26th. Micron Technology had a return on equity of 32.09% and a net margin of 25.04%. The firm had revenue of $6.14 billion for the quarter, compared to analysts' expectations of $5.97 billion. During the same quarter in the previous year, the business earned ($0.01) EPS. The company's revenue was up 90.8% compared to the same quarter past year.

Currently Micron Technology, Inc. It increased, as 63 investors sold MU shares while 217 reduced holdings. Credit Suisse Group reiterated a "buy" rating on shares of Micron Technology in a research report on Sunday, July 2nd.

On a similar note, analysts expect EPS of $2.11 in November 2017 quarter and $1.83 in February 2018 quarter, representing 653.57% and 137.66% growth, respectively. J P Morgan Chase & Co reiterated a "buy" rating on shares of Micron Technology in a research report on Tuesday, August 29th. Analysts set a 12-month price target of $10.25 a share. (NASDAQ:EBAY). At the time of writing, the First Call consensus price target for the company is $38.14. September 29 investment analysts at Nomura made no change to the company rating of "Buy" and moved up the price target to $45.00 from $25.00.

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