Micron Technology Inc. (NASDAQ: MU) has reported E.P.S. of $1.68 for its first fiscal quarter (ending November 30) versus $-1.12 for the same period a year ago — a decline of -250%. For the latest four quarters through November 30, E.P.S. were $3.50 versus $-6.28 for the same period a year ago — a decline of -156%.
Recent Price Action
Micron Technology Inc. (NASDAQ: MU) stock declined by -4.3% on 12/18/24. The shares closed at $103.90. Moreover, trading volume in this decline was exceptionally high at 325% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.9% during the last week.
Current PriceTarget Research Rating
Micron Technology has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Micron Technology has a neutral Appreciation Score of 53 but a poor Power Rating of 28, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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