Micron Technology, Inc. (MU) Stock

About Micron Technology, Inc.

Micron Technology, Inc. is led by CEO Sanjay Mehrotra, employs 48,000 people, headquartered in Boise, US, publicly traded since 1984.

Micron Technology, Inc. (MU) stock trades at $1035.84 with a market capitalization of $1.17T. The stock is valued at a price-to-earnings (P/E) ratio of 24.15, price-to-book of 12.12, price-to-sales of 13.54. Over the past 52 weeks the stock has ranged between $155.18 and $1255.00, and currently trades 17.5% below its 52-week high. It pays a dividend yielding 0.06%.

On profitability, Micron Technology, Inc. generates a return on equity (ROE) of 70.55% — well above the market average, a sign of a high-quality business, return on capital employed of 51.77%, an operating margin of 48.52%, a net profit margin of 55.91%.

In its most recent fiscal year, Micron Technology, Inc. reported annual revenue of $37.4B, net profit of $8.5B, revenue has compounded at 11.8% a year over the last five years, profit at 26.0% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.06 — a conservative balance sheet with little leverage risk, a current ratio of 2.52, total assets of $82.8B, $9.6B in cash and equivalents.

MU has a beta of 2.22 (more volatile than the overall market).