Technology

Momentum Stock’s Update: Micron Technology, Inc. (NASDAQ:MU), International Business Machines Corporation (NYSE:IBM)

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Micron Technology, Inc. (NASDAQ:MU) closed its last session at $12.50 with the change of -9.16%. The market capitalization of the company is $12.95B with an average Volume of 28.4 million shares. The stock currently has its 52-Week High range of $20.57 and 52-week low range of $9.31. The Price to Book (P/B) ratio stands at 1.17. The stock traded total quantity of 68.85 million shares.

For the current Fiscal Quarter, 21 analysts have given an average earnings per share forecast of $-0.17. The Low Earnings per share estimate of the current Quarter is $-0.2 and High Estimate is set at $0.1 according to these Analysts opinions. The Previous Year EPS of this Quarter is $0.37.

According to 24 analysts, an average sales Estimate of the current Fiscal quarter is $3.08B. The lower sales estimate is $2.96B and higher sales estimate is $3.56B according to these Analysts thoughts.

The Company currently has Highest Price Target of $20 and Lowest Price Target of $8. It has Median Price Targets of $15. Mean price target is set at $14.86 after consensus analysis of 22 brokers.

When having look at Recommendation Trends of the analysts polled at Thomson First call, for the Current month 6 analysts have assigned this stock as Strong Buy where 11 assigned Buy, 9 analysts believe it’s a Hold, 4 said Underperform and 1 assigned Sell rating.

International Business Machines Corporation (NYSE:IBM) ended its last trade at $152.35 with the move of +0.38%. The company has market value of $146.25B with the total traded volume of 2.66 million. The stock currently has its 52-Week top value of $173.78 and 52-week down value of $116.90. The price to book (P/B) ratio of the company is 9.76. Its previous closing price was recorded at $151.78.

For the current Fiscal Quarter, 19 analysts have given an Average earnings estimate of $2.88 per share. According to the Analysts, the Low Estimate Earnings of the current Quarter is $2.81 while High Estimate is $3. The Previous Year EPS of this Quarter is $3.84.

 

According to 17 analysts, an Average Revenue Estimate of the current Fiscal quarter is $20.03B. According to them, the Low Revenue estimate is $19.14B and High Revenue estimate is $20.56B.

 

The Company currently has High Price Target of $168. The Low and Mean Price Targets are $110 and $144.18 respectively. These price targets are set after consensus analysis of 22 brokers.

 

When having look at Recommendation Trends of the analysts polled at Thomson First call, for the Current month, 2 analysts have given this stock as Strong Buy where 5 issued Buy, 14 analysts think that it’s a Hold, 4 told Underperform and1 assigned Sell rating.

 

 

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