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Micron Technology Inc MU Stock Quote

| Rating as of

NASDAQ: MU

Last close prices updated as of Jun 09, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 65.43
  • Sector Technology
  • Industry Semiconductors
  • Investment Style Large Value
  • Day Range 64.47  –  66.40
  • Year Range 48.43  –  74.77
  • Market Cap 71.6062 Bil
  • Volume / Avg 14.7 Mil /  18.8 Mil
  • Price / Sales 3.13
  • Price / Book 1.52
  • Forward Div Yield 0.70%
  • Trailing Div Yield 0.70%

Morningstar‘s Stock Analysis MU

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Micron Is a Large Memory Chipmaker Prone to Volatility and Lacks a Moat

Business Strategy and Outlook

| William Kerwin |

Micron Technology is a prominent supplier and manufacturer of memory and storage used in a plethora of electronic devices ranging from personal computers to smartphones. The firm is number three in market share for total memory/storage shipments, after Samsung and SK Hynix. Dynamic random-access memory, or DRAM, accounts for about 70% of total revenue, with NAND flash making up the remainder. As Micron operates in the highly competitive and cyclical memory space, we believe its profitability will be somewhat volatile and dependent on market dynamics, which contributes to our no-moat rating.

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Key Statistics MU

Company Profile MU

Business Description

Micron is one of the largest suppliers of memory chips in the world, between DRAM and NAND. The firm's DRAM and NAND products are tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.

Contact
8000 South Federal Way, Post Office Box 6
Boise, ID, 83716-9632
Industry Semiconductors
Employees 48,000

Related Articles MU

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of MU’s competitive advantage.

Micron Technology Inc

XNAS: MU

Western Digital Corp

XNAS: WDC

SK Hynix Inc

XKRX: 000660

Samsung Electronics Co Ltd

XKRX: 005930
Price
65.4339.78115,400.0072,000.00
Currency
USDUSDKRWKRW
Change
+$0.11 (0.17%) −$0.32 (0.80%) +$5,700.00 (5.20%) +$1,100.00 (1.55%)
Market Cap
71.61 Bil12.73 Bil81.73 Tril489.07 Tril
Industry
Semiconductors Computer Hardware Semiconductors Consumer Electronics
Sector
Technology
Technology
Technology
Technology

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Micron Technology Inc Stock

Yes. MU has a forward dividend yield of 0.70%. See MU’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

MU’s market cap is 71.61 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

MU’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

MU’s price/sales is 3.13.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

MU’s price/forward earnings is 46.40.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

MU’s price/book is 1.51.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See MU’s valuation ratios compared to the Market Index.

MU’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare MU’s historical performance against its industry peers and the overall market.