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.

COPYRIGHT VIOLATION WARNING: This article was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this story on another website, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark laws.

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.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER