Micron Technology Inc.
MU
Market Cap$141.2B
Close$
Earnings Call Q1 2024
December 20, 2023 - AI Summary
Micron delivered strong financial results in fiscal Q1, with revenue, gross margin, and EPS above the high-end of guidance.
The improved supply-demand environment has led to higher pricing across DRAM and NAND, resulting in improved financial outlook for Q2 and full fiscal year.
Micron expects pricing to continue strengthening throughout calendar 2024, driven by healthy demand-supply balance and improving customer inventories.
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$-6.50
105.8% downside
Current Fair Value
105.8% downsideOvervalued by 105.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $141.20 Billion |
|---|---|
| Enterprise Value | $145.92 Billion |
| Dividend Yield | $0.4587 (0.36%) |
| Earnings per Share | $-3.42 |
| Beta | 1.39 |
| Outstanding Shares | 1,107,368,110 |
| Avg 30 Day Volume | 32,199,442 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | -37.48 |
|---|---|
| PEG | 27.91 |
| Price to Sales | 7.0 |
| Price to Book Ratio | 2.87 |
| Enterprise Value to Revenue | 7.97 |
| Enterprise Value to EBIT | -34.97 |
| Enterprise Value to Net Income | -39 |
| Total Debt to Enterprise | 0.09 |
| Debt to Equity | 0.31 |
Revenue Sources
No data
ESG Score
No data
About Micron Technology Inc.
CEO: Sanjay Mehrotra