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Micron Technology (MU)

(Delayed Data from NSDQ)

$108.11 USD

108.11
8,297,299

+1.34 (1.25%)

Updated Apr 22, 2024 11:56 AM ET

After-Market: $109.10 +1.00 (0.92%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value C Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 1% (2 out of 250)

Industry: Semiconductor Memory

Better trading starts here.

Balance Sheet

Research for MU

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Micron Technology, Inc falls in the month of August.

All items in Millions except Per Share data.

8/31/2023 8/31/2022 8/31/2021 8/31/2020 8/31/2019
Assets          
Cash & Equivalents 9,594 9,331 8,633 8,142 7,955
Receivables 2,443 5,130 5,311 3,912 3,195
Notes Receivable 0 0 0 0 0
Inventories 8,387 6,663 4,487 5,607 5,118
Other Current Assets 820 657 1,476 304 235
Total Current Assets 21,244 21,781 19,907 17,965 16,503
Net Property & Equipment 37,928 38,549 33,213 31,031 28,240
Investments & Advances 844 1,647 1,765 1,048 1,164
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 756 702 782 707 837
Intangibles 1,554 1,649 1,577 1,562 1,568
Deposits & Other Assets 1,262 1,277 1,054 781 575
Total Assets 64,254 66,283 58,849 53,678 48,887
Liabilities & Shareholders Equity 8/31/2023 8/31/2022 8/31/2021 8/31/2020 8/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 3,958 6,090 5,325 5,817 4,626
Current Portion Long-Term Debt 278 103 155 270 1,310
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 529 1,346 944 548 454
Total Current Liabilities 4,765 7,539 6,424 6,635 6,390
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 13,052 6,803 6,621 6,373 4,541
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,714 1,424 1,367 1,141 1,088
Minority Interest (Liabilities) 0 0 0 0 98
Total Liabilities 20,134 16,376 14,916 14,682 12,117
Shareholders Equity 8/31/2023 8/31/2022 8/31/2021 8/31/2020 8/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 124 123 122 119 118
Capital Surplus 11,036 10,197 9,453 8,917 8,214
Retained Earnings 40,824 47,274 39,051 33,384 30,761
Other Equity -312 -560 2 71 898
Treasury Stock 7,552 7,127 4,695 3,495 3,221
Total Shareholder's Equity 44,120 49,907 43,933 38,996 36,770
Total Liabilities & Shareholder's Equity 64,254 66,283 58,849 53,678 48,887
Total Common Equity 44,120 49,907 43,933 38,996 36,770
Shares Outstanding 1,098.00 1,103.10 1,125.70 1,111.00 1,103.80
Book Value Per Share 40.18 45.24 39.03 35.10 33.31

Fiscal Year End for Micron Technology, Inc falls in the month of August.

All items in Millions except Per Share data.

2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023
Assets          
Cash & Equivalents 9,006 9,048 9,594 10,352 10,818
Receivables 4,296 2,943 2,443 2,429 2,278
Notes Receivable 0 0 0 0 0
Inventories 8,443 8,276 8,387 8,238 8,129
Other Current Assets 1,690 791 820 715 673
Total Current Assets 23,435 21,058 21,244 21,734 21,898
Net Property & Equipment 37,587 37,677 37,928 38,727 39,085
Investments & Advances 627 720 844 973 1,212
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 664 781 756 708 697
Intangibles 1,564 1,566 1,554 1,662 1,638
Deposits & Other Assets 1,199 1,326 1,262 1,221 1,317
Total Assets 65,718 63,776 64,254 65,680 66,520
Liabilities & Shareholders Equity 2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023
Notes Payable 0 0 0 0 0
Accounts Payable 4,680 3,946 3,958 4,177 4,310
Current Portion Long-Term Debt 344 908 278 259 237
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,235 1,108 529 668 708
Total Current Liabilities 6,259 5,962 4,765 5,104 5,255
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 13,378 12,597 13,052 12,986 12,037
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,618 1,714 1,582 1,361
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 21,848 20,891 20,134 20,275 19,263
Shareholders Equity 2/29/2024 11/30/2023 8/31/2023 5/31/2023 2/28/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 125 124 124 124 123
Capital Surplus 11,564 11,217 11,036 10,782 10,633
Retained Earnings 39,997 39,356 40,824 42,391 44,426
Other Equity -264 -260 -312 -340 -373
Treasury Stock 7,552 7,552 7,552 7,552 7,552
Total Shareholder's Equity 43,870 42,885 44,120 45,405 47,257
Total Liabilities & Shareholder's Equity 65,718 63,776 64,254 65,680 66,520
Total Common Equity 43,870 42,885 44,120 45,405 47,257
Shares Outstanding 1,107.30 1,095.00 1,098.00 1,095.30 1,094.30
Book Value Per Share 39.62 39.16 40.18 41.45 43.18