Micron Financial Ratios Analysis

MU Stock  USD 119.25  0.45  0.38%   
Most ratios from Micron Technology's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Micron Technology Valuation and Micron Technology Correlation analysis.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
  
At this time, Micron Technology's Cash Conversion Cycle is comparatively stable compared to the past year. Days Of Inventory Outstanding is likely to gain to 170.61 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024.
Most ratios from Micron Technology's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Micron Technology Valuation and Micron Technology Correlation analysis.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.At this time, Micron Technology's Cash Conversion Cycle is comparatively stable compared to the past year. Days Of Inventory Outstanding is likely to gain to 170.61 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024.
 2022 2023 2024 (projected)
Dividend Yield0.0065970.0059370.005641
Price To Sales Ratio4.925.655.94

Micron Technology fundamentals Correlations

0.74-0.260.340.51-0.4-0.48-0.150.990.430.920.930.75-0.310.570.020.750.48-0.63-0.690.61-0.720.980.50.43-0.69
0.740.31-0.290.560.21-0.930.310.63-0.120.640.750.47-0.060.95-0.330.460.76-0.96-0.990.58-0.990.650.55-0.12-0.99
-0.260.31-0.420.10.39-0.620.25-0.36-0.98-0.51-0.38-0.68-0.270.58-0.15-0.68-0.07-0.55-0.390.43-0.37-0.43-0.42-0.98-0.42
0.34-0.29-0.420.16-1.00.45-0.880.460.390.160.080.06-0.75-0.340.770.05-0.610.270.340.430.30.35-0.430.390.31
0.510.560.10.16-0.23-0.51-0.440.47-0.060.340.410.23-0.280.520.510.190.28-0.52-0.440.52-0.480.430.17-0.06-0.51
-0.40.210.39-1.0-0.23-0.380.89-0.52-0.37-0.21-0.13-0.080.780.26-0.77-0.080.57-0.19-0.26-0.5-0.22-0.410.41-0.37-0.23
-0.48-0.93-0.620.45-0.51-0.38-0.38-0.340.46-0.32-0.46-0.150.07-0.990.35-0.13-0.640.970.95-0.570.95-0.34-0.340.460.96
-0.150.310.25-0.88-0.440.89-0.38-0.25-0.160.050.110.140.710.31-0.980.160.65-0.27-0.4-0.4-0.35-0.140.53-0.16-0.33
0.990.63-0.360.460.47-0.52-0.34-0.250.520.910.910.76-0.350.450.110.760.38-0.51-0.570.59-0.60.990.440.52-0.57
0.43-0.12-0.980.39-0.06-0.370.46-0.160.520.680.560.810.25-0.40.030.810.220.360.2-0.320.180.60.551.00.23
0.920.64-0.510.160.34-0.21-0.320.050.910.680.990.950.060.39-0.190.950.66-0.44-0.580.25-0.60.970.760.68-0.55
0.930.75-0.380.080.41-0.13-0.460.110.910.560.990.920.050.53-0.220.910.72-0.56-0.690.32-0.710.960.770.56-0.67
0.750.47-0.680.060.23-0.08-0.150.140.760.810.950.920.320.19-0.251.00.7-0.22-0.4-0.05-0.420.850.870.81-0.36
-0.31-0.06-0.27-0.75-0.280.780.070.71-0.350.250.060.050.32-0.17-0.640.320.590.230.06-0.850.09-0.20.670.250.11
0.570.950.58-0.340.520.26-0.990.310.45-0.40.390.530.19-0.17-0.30.180.61-1.0-0.970.66-0.970.440.32-0.4-0.98
0.02-0.33-0.150.770.51-0.770.35-0.980.110.03-0.19-0.22-0.25-0.64-0.3-0.27-0.640.280.420.340.380.0-0.560.030.35
0.750.46-0.680.050.19-0.08-0.130.160.760.810.950.911.00.320.18-0.270.69-0.21-0.39-0.06-0.410.850.870.81-0.35
0.480.76-0.07-0.610.280.57-0.640.650.380.220.660.720.70.590.61-0.640.69-0.58-0.73-0.09-0.720.50.930.22-0.7
-0.63-0.96-0.550.27-0.52-0.190.97-0.27-0.510.36-0.44-0.56-0.220.23-1.00.28-0.21-0.580.97-0.70.97-0.49-0.30.360.99
-0.69-0.99-0.390.34-0.44-0.260.95-0.4-0.570.2-0.58-0.69-0.40.06-0.970.42-0.39-0.730.97-0.581.0-0.58-0.50.21.0
0.610.580.430.430.52-0.5-0.57-0.40.59-0.320.250.32-0.05-0.850.660.34-0.06-0.09-0.7-0.58-0.60.47-0.28-0.32-0.62
-0.72-0.99-0.370.3-0.48-0.220.95-0.35-0.60.18-0.6-0.71-0.420.09-0.970.38-0.41-0.720.971.0-0.6-0.61-0.50.181.0
0.980.65-0.430.350.43-0.41-0.34-0.140.990.60.970.960.85-0.20.440.00.850.5-0.49-0.580.47-0.610.580.6-0.58
0.50.55-0.42-0.430.170.41-0.340.530.440.550.760.770.870.670.32-0.560.870.93-0.3-0.5-0.28-0.50.580.55-0.45
0.43-0.12-0.980.39-0.06-0.370.46-0.160.521.00.680.560.810.25-0.40.030.810.220.360.2-0.320.180.60.550.23
-0.69-0.99-0.420.31-0.51-0.230.96-0.33-0.570.23-0.55-0.67-0.360.11-0.980.35-0.35-0.70.991.0-0.621.0-0.58-0.450.23
Click cells to compare fundamentals

Micron Technology Account Relationship Matchups


Micron Technology Investors Sentiment

The influence of Micron Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Micron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Micron Technology's public news can be used to forecast risks associated with an investment in Micron. The trend in average sentiment can be used to explain how an investor holding Micron can time the market purely based on public headlines and social activities around Micron Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Micron Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Micron Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Micron Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Micron Technology.

Micron Technology Implied Volatility

    
  92.41  
Micron Technology's implied volatility exposes the market's sentiment of Micron Technology stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Micron Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Micron Technology stock will not fluctuate a lot when Micron Technology's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Micron Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Micron Technology's short interest history, or implied volatility extrapolated from Micron Technology options trading.

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:

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When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.46
Earnings Share
(3.45)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.