The stock has market worth of $16.07B.
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Over the last twelve months Micron Technology, Inc.’s stock price has increased by 0% from 0.00 to 16.25. Nomura reissued a “buy” rating and set a $16.00 price target on shares of Micron Technology in a research note on Thursday, August 4th. The Hedge Fund company now holds 195,854 shares of MU which is valued at $2,824,215. Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). Now the company has earned “Buy” from 7 equity analysts.
In related news, VP Brian Shirley sold 48,750 shares of the stock in a transaction that occurred on Tuesday, July 5th.
Micron Technology (MU): The most positive equity analysts on Micron Technology (MU) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $8 in the short term. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
NASDAQ:MU) was down -0.37% (-$0.06) to $16.19 and showed a volume of 22.14 mln shares. The company has a market cap of $487.67M. The company’s 50 day moving average is $14.08 and its 200-day moving average is $11.94. Micron Technology makes up approx 0.07% of Dimensional Fund Advisors Lp’s portfolio.Cg Asset Management boosted its stake in MU in the latest quarter, The investment management firm added 42,300 additional shares and now holds a total of 269,560 shares of Micron Technology which is valued at $3,825,056. A month ago, analyst EPS consensus estimated earnings of US$-0.18 per share. The business earned $2.90 billion during the quarter.
Next Quarter Estimate Trends: A current consensus EPS estimate for next quarter is established at $-0.41 and three month ago EPS estimation was $-0.35. XG Technology, Inc P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0. On average, analysts anticipate that Micron Technology will post ($0.06) earnings per share for the current fiscal year. Morgan Stanley restated a buy rating and set a $18.00 price objective on shares of Micron Technology in a report on Saturday, June 4th.
XG Technology, Inc (NASDAQ:XGTI) reported its last earnings on Aug 19 AMC (BMO = before market open, AMC= after market close). Recently shares have been suggested as BUY from “17” and “1” issued SELL signal for the company’s stock. State of Tennessee Treasury Department raised its stake in Micron Technology by 4.5% in the fourth quarter. The share price of the stock surged 26.78% for the year. Quantitative Systematic Strategies LLC purchased a new position in Micron Technology during the second quarter valued at approximately $178,000. The company has its Price to Sales (P/S) ratio of 1.31 where Price to Book (P/B) ratio of 1.38, Price to Cash Per share (P/C) of 3.37 and Price to Free Cash Flow (P/FCF) has a value of 0. Initiated the stock to Buy. Finally, AJO LP raised its stake in Micron Technology by 48.3% in the fourth quarter.
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Now the SunEdison Semiconductor Limited (SEMI) has been rated as “Buy” from “1” Analyst.
