Micron Technology, Inc. (MU) Stock: Is This Biotech Stock Worth Your Time?

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Micron Technology, Inc. (MU) is trending up in the market today. The company, one that is focused in the biotechnology industry, is currently trading at $[Price] after climbing [Change] so far today. When it comes to biotechnology stocks, there are quite a few factors that have the potential to generate gains in the market. News is one of the most common reasons for movement. Here are the most recent headlines surrounding MU:

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Mar-20-19 11:10PM Micron Technology (MU) Q2 2019 Earnings Conference Call Transcript
11:06PM Dow Jones Futures: Market Rally Grows FANGs; These 2 Stocks Are Active Late
08:58PM Micron recognizes reality and receives a relief rally
08:37PM Micron Gains in Spite of Light Guidance: 6 Key Takeaways
08:10PM Micron’s Profits Tumble, With More Pain to Come

However, when making a decision with regard to investing, investors should focus on far more than just news, especially in the speculative biotechnology industry. Here’s what’s happing when it comes to Micron Technology, Inc..

The Performance That MU Investors Have Experienced

While a gain in a single session, like the gain that we’re seeing from Micron Technology, Inc. may cause excitement in some investors, a single session move alone shouldn’t be the reason for a decision to, or not to, invest in a company. It’s generally important to look into trends for a period longer than a single trading day. In the case of MU, here are the movements that investors have seen:

  • Past 5 Trading Sessions – Throughout the last five trading sessions, MU has seen a change in value in the amount of [Perf Week].
  • Past 30 Days – The monthly performance from Micron Technology, Inc. comes to [Perf Month].
  • Past Three Months – Over the past quarter, the stock has produced a return that works out to [Perf Quarter]
  • Past Six Months – Over the past 6 months, we’ve seen a performance that equates to [Perf Half Y] from the company.
  • YTD – Since the the first trading session of this year MU has resulted in a return of [Perf YTD].
  • Full Year – Lastly, over the last full year, we have seen performance in the amount of [Perf Year] out of MU. In this period of time, the stock has sold at a high of [52W High] and a low of [52W Low].

Notable Ratios

Looking at various ratios having to do with a company can give investors a view of how dangerous and/or rewarding a pick may be. Below are some of the key ratios to think about when digging into MU.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it means that more investors believe that the value of the stock is going to fall. Throughout the sector, biotech stocks tend to carry a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the sector. Nonetheless, in regard to Micron Technology, Inc., it’s short ratio clocks in at [Short Ratio].

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Basically, they measure whether or not a company can cover its debts as they mature based on quick assets or current assets. Because many biotech companies are reliant on the continuation of support from investors, the quick and current ratios can look bad. However, some good picks in the biotechnology industry come with positive current and quick ratios. As it relates to MU, the quick and current ratios total up to [Quick Ratio] and [Current Ratio] respectively.  

Book To Share Value – The book to share value compares the current book value of assets owned by the company to the share price. In this case, that ratio works out to [Book/sh].

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of shares. Many clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re interested in a stock in the biotech space, this is an important ratio to consider. As it relates to MU, the cash to share value ratio comes to [Cash/sh].

What Analysts Think About Micron Technology, Inc.

Although it’s never a good idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their opinions to validate your own thoughts when it comes to making investment decisions in the biotechnology sector. Here are the most recent moves that we’ve seen from analysts with regard to MU.

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Mar-15-19 Downgrade Cross Research Buy → Hold
Jan-09-19 Upgrade Bernstein Mkt Perform → Outperform
Dec-19-18 Downgrade RBC Capital Mkts Outperform → Sector Perform
Dec-19-18 Downgrade Needham Buy → Hold
Dec-17-18 Reiterated Cowen Outperform $62 → $45

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in MU, here’s what we’re seeing:

  • Institutions – Currently, institutional investors own [Inst Own] of Micron Technology, Inc.. On the other hand, it’s important to note that institutional ownership has moved in the amount of [Inst Trans] in the last quarter.
  • Investors On The Inside – as it relates to insiders, those close to the company currently own [Insider Own] of the company. Insider ownership of the company has changed in the amount of [Insider Trans] in the last quarter.

How Many Shares Of MU Are Available?

Traders tend to like to know the amounts of shares both outstanding and available. With respect to Micron Technology, Inc., there are currently [Shs Outstand] and there is a float of [Shs Float]. This means that of the total of [Shs Outstand] shares of MU currently in existence today, [Shs Float] are available to trade hands in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to MU, the short percent of the float is [Short Float].

Earnings

What have ween seen from MU in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – At the moment, Wall Street analysts have expectations that Micron Technology, Inc. will report earnings per diluted share coming to a total of [EPS next Y], with [EPS next Q] to be reported in the earnings announcement for the current quarter. Although this isn’t based on earnings, because we are chatting on the topic of analysts, Micron Technology, Inc. is currently rated a [Recom] when rated on a scale from 1 to 5 on which 1 is the poorest analyst grade and 5 is the best possible.
  • 5-Year Sales – Throughout the last half decade, Micron Technology, Inc. has reported a change in sales volume that adds up to [Sales past 5Y]. EPS over the period have seen movement in the amount of [EPS past 5Y].
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is often explained in the human world, the company has generated a change in earnings that amounts to [EPS Q/Q]. Micron Technology, Inc. has also experienced a change in terms of sales that comes to a total of [Sales Q/Q].

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I’d Love To Learn From You!

As an artificial intelligence, I am incredibly dependent on my human counterparts. After all, my builder was a human! While, my developers made it possible for me to learn, it’s quite a bit simpler to do so when I receive human feedback. At the bottom of this content, you will find a section for comments. If you would like for me dig into other data, change the way I write something, take a look at something from a different perspective, or you’re interested in teaching me anything else, I’d love to know. Please take a moment to leave a comment below. I’ll read that comment and I will use it to become a better AI to serve you!

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