Analysts See $2.12 EPS for Micron Technology, Inc. (MU)

Lloyd Doyle
December 4, 2017

The stock decreased 2.55% or $1.61 during the last trading session, reaching $61.54. It has outperformed by 0.72% the S&P500.

Dalton Investments Llc decreased Micron Technology Inc (MU) stake by 13.73% reported in 2017Q2 SEC filing. Dalton Investments Llc sold 115,318 shares as Micron Technology Inc (MU)'s stock rose 19.14%. The Dalton Investments Llc holds 724,495 shares with $21.63 million value, down from 839,813 last quarter. Micron Technology Inc now has $48.43 billion valuation. Discovery Communications, Inc. (NASDAQ:DISCK) has risen 0.32% since December 2, 2016 and is uptrending. It has outperformed by 159.57% the S&P500.

Investors sentiment increased to 1.35 in Q2 2017. Its up 0.03, from 1.05 in 2017Q1. The semiconductor manufacturer reported $2.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.84 by $0.18. Grp One Trading Lp stated it has 0.5% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). 211,618 are owned by Suntrust Banks. The company's revenue was up 90.8% compared to the same quarter last year. equities research analysts predict that Micron Technology, Inc. will post 7.42 EPS for the current fiscal year. (NASDAQ:MU) for 2,400 shares. (NASDAQ:MU) news were published by: Seekingalpha.com which released: "When Will Micron Technology Announce New Fab Construction?" on November 07, 2017, also Foxbusiness.com with their article: "Don't Get Greedy With Micron Technology, Inc". Daiwa Securities Group Inc. lifted its position in Micron Technology by 155.3% during the second quarter. (NASDAQ:MU) shares were sold by ARNZEN APRIL S. Jnba reported 888 shares. Cypress Capital Limited Liability Company (Wy) stated it has 23,175 shares. Retirement Of Alabama has invested 0.08% in Micron Technology, Inc. (NASDAQ:MU) or 1.65M shares. First Republic Invest Mngmt has 10,631 shares for 0% of their portfolio. CIBC Asset Management Inc lifted its position in Micron Technology by 3.4% during the second quarter. (NASDAQ:MU). Ubs Oconnor Lc has invested 0% in Micron Technology, Inc. CIBC Asset Management Inc now owns 134,767 shares of the semiconductor manufacturer's stock valued at $4,024,000 after purchasing an additional 4,449 shares during the period.

Since June 1, 2017, it had 0 insider buys, and 1 sale for $320,000 activity.


More notable recent Micron Technology, Inc. Finally, BMO Capital Markets began coverage on shares of Micron Technology in a report on Monday, October 2nd. Micron Technology has a 12 month low of $18.30 and a 12 month high of $49.89. Ltd. now owns 7,740 shares of the semiconductor manufacturer's stock worth $304,000 after purchasing an additional 6,770 shares in the last quarter. Therefore 83% are positive. Also, EVP Scott J. Deboer sold 29,500 shares of Micron Technology stock in a transaction that occurred on Friday, September 15th. The rating was maintained by Morgan Stanley with "Hold" on Wednesday, August 5. Summit Redstone Partners maintained it with "Buy" rating and $51.0 target in Wednesday, October 11 report. The company was downgraded on Tuesday, November 28 by Standpoint Research. (NASDAQ:MU) on Tuesday, November 28 to "Hold" rating.

Micron Technology, Inc. provides semiconductor systems worldwide. (NASDAQ:MU) on Thursday, June 1. (NASDAQ:MU) on Monday, September 11 with "Buy" rating. The firm has "Buy" rating given on Friday, June 16 by FBR Capital. Finally, Advisor Partners LLC grew its holdings in Micron Technology by 1.5% during the second quarter. (NASDAQ:MU) has "Outperform" rating given on Tuesday, September 29 by Wells Fargo. The firm has "Neutral" rating by Susquehanna given on Tuesday, November 10. On Thursday, March 31 the stock rating was maintained by Evercore with "Buy". Micron Technology, Inc. has a 52-week low of $18.30 and a 52-week high of $49.89. During the same quarter in the previous year, the business posted ($0.01) earnings per share. DISCK's profit will be $292.26 million for 9.20 P/E if the $0.50 EPS becomes a reality. After $0.43 actual EPS reported by Discovery Communications, Inc. for the previous quarter, Wall Street now forecasts 16.28% EPS growth. Kayne Anderson Mlp Invt Co (NYSE:KYN) was raised too.

Analysts await Discovery Communications, Inc. (NYSE:EVR). Hanseatic Management holds 0% or 29 shares in its portfolio. Mizuho maintained it with "Buy" rating and $38.0 target in Thursday, September 7 report. Therefore 64% are positive. Praxair had 42 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs on Wednesday, March 1 to "Buy". Cowen & Co maintained the stock with "Hold" rating in Monday, October 23 report. Rosenblatt maintained the stock with "Buy" rating in Tuesday, September 26 report. The firm has "Neutral" rating given on Thursday, March 31 by Macquarie Research. Its down 0.14, from 1.04 in 2017Q1. It is negative, as 53 investors sold PX shares while 303 reduced holdings. 51 funds opened positions while 102 raised stakes. Assetmark reported 0% stake. Fruth Invest Mngmt accumulated 25,176 shares or 0.35% of the stock. Grassi Invest Mgmt, a California-based fund reported 14,300 shares. 2,448 were reported by Diversified Trust. Scotia Cap accumulated 5,281 shares. Spark Inv Management Ltd invested in 0.25% or 57,000 shares. (NYSE:PX). Jpmorgan Chase & holds 0.04% of its portfolio in Praxair, Inc. Following the sale, the senior vice president now directly owns 289,940 shares of the company's stock, valued at approximately $11,046,714. Rockland Trust owns 1.51% invested in Praxair, Inc. (NYSE:PX) for 72,692 shares. Cullen Frost Bankers Inc has invested 0.02% of its portfolio in Praxair, Inc.

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