Analysts See $2.69 EPS for Micron Technology, Inc. (MU)

March 1, 2018 - By reb123z

 Analysts See $2.69 EPS for Micron Technology, Inc. (MU)
Investors sentiment increased to 1.37 in Q3 2017. Its up 0.29, from 1.08 in 2017Q2. It is positive, as 52 investors sold Micron Technology, Inc. shares while 205 reduced holdings. 114 funds opened positions while 237 raised stakes. 886.67 million shares or 6.47% more from 832.79 million shares in 2017Q2 were reported.
Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 437,577 shares. Moreover, Calamos Advsrs has 0.06% invested in Micron Technology, Inc. (NASDAQ:MU) for 190,848 shares. 34,870 were accumulated by Pictet North America Advsrs Sa. Sumitomo Life Insurance Co holds 0.22% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 43,590 shares. Citadel Advsrs holds 0.11% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 3.67 million shares. Fny Managed Accounts Llc owns 28,620 shares. Tocqueville Asset Mngmt Lp holds 0.13% or 297,773 shares in its portfolio. State Street holds 42.18 million shares. Virginia Retirement Et Al invested in 772,300 shares or 0.37% of the stock. The Massachusetts-based Geode Management Limited Liability Company has invested 0.17% in Micron Technology, Inc. (NASDAQ:MU). Tcw Grp Inc Inc reported 0.27% stake. Banque Pictet & Cie Sa holds 0.26% or 296,125 shares. Cibc World Corporation reported 0.55% in Micron Technology, Inc. (NASDAQ:MU). State Board Of Administration Of Florida Retirement System accumulated 0.16% or 1.54 million shares. California-based Fdx Advisors has invested 0.01% in Micron Technology, Inc. (NASDAQ:MU).

Since September 12, 2017, it had 0 insider purchases, and 13 sales for $14.72 million activity. 3,000 shares valued at $128,197 were sold by BAILEY ROBERT L on Tuesday, January 2. 80,000 shares were sold by Poppen Joel L, worth $3.09 million on Friday, September 29. Shares for $2.17M were sold by Mondry Lawrence N. 118,944 shares valued at $4.53M were sold by Thorsen Steven L. JR on Friday, September 29. Another trade for 1,222 shares valued at $53,487 was sold by ARNZEN APRIL S.

Analysts expect Micron Technology, Inc. (NASDAQ:MU) to report $2.69 EPS on March, 22 after the close.They anticipate $1.92 EPS change or 249.35 % from last quarter’s $0.77 EPS. MU’s profit would be $3.11B giving it 4.44 P/E if the $2.69 EPS is correct. After having $2.41 EPS previously, Micron Technology, Inc.’s analysts see 11.62 % EPS growth. The stock decreased 2.02% or $0.9844 during the last trading session, reaching $47.8256. About 22.72 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since March 1, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Micron Technology, Inc. (NASDAQ:MU) Ratings Coverage

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 36 have Buy rating, 0 Sell and 6 Hold. Therefore 86% are positive. Micron Technology Inc. had 215 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, March 21 by Deutsche Bank. UBS maintained Micron Technology, Inc. (NASDAQ:MU) on Thursday, March 31 with “Buy” rating. The firm has “Buy” rating given on Friday, April 15 by Brean Capital. Summit Redstone Partners upgraded Micron Technology, Inc. (NASDAQ:MU) rating on Thursday, December 22. Summit Redstone Partners has “Buy” rating and $26 target. Credit Suisse maintained Micron Technology, Inc. (NASDAQ:MU) rating on Wednesday, June 14. Credit Suisse has “Buy” rating and $4000 target. M Partners maintained the shares of MU in report on Friday, August 14 with “Neutral” rating. As per Wednesday, June 8, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Monday, December 4 by Morgan Stanley. Cowen & Co maintained the shares of MU in report on Wednesday, February 1 with “Outperform” rating. On Wednesday, December 20 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

Micron Technology, Inc. provides semiconductor systems worldwide. The company has market cap of $55.30 billion. The firm operates through four divisions: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It has a 7.48 P/E ratio. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications.

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: which released: “Micron Technology: Investors Still Have Time To Act” on February 01, 2018, also with their article: “Monday’s Vital Data: Apple Inc. (AAPL),, Inc. (AMZN) and Micron …” published on February 26, 2018, published: “Micron Technology, Inc. (MU) and Marrone Bio Innovations, Inc. (MBII) Activist …” on February 28, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: and their article: “Micron Technology, Inc. Stock Is Just Getting Warmed Up” published on February 22, 2018 as well as‘s news article titled: “Is Micron Technology, Inc. Heading for a Roadblock or a Breakout?” with publication date: February 26, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: