Latest Analyst’s EPS Target Review: Micron Technology, Inc. (NASDAQ:MU)

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Micron Technology, Inc. (NASDAQ:MU) closed its last session at $17.49 with the change of +3.37%. The market capitalization of the company is $18.16B with an average Volume of 28.63 million shares. The stock currently has its 52-Week High range of $19.30 and 52-week low range of $9.31. The Price to Book (P/B) ratio stands at 1.44. The stock traded total quantity of 23.48 million shares.

Currently Micron Technology, Inc. (MU) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “17″ Analysts”. “1” rated “Sell” for the company. “5” said the company as a “Hold”. Overweight rating was given by “2” and Underweight rating was given by “2”.

Analysts are expecting that the company to achieve $18.25 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $25.00 however minimum price target advised by analysts is $8.00. The Median price target for the stock is measured at $20.00.

Presently, Analysts decided consensus EPS estimate of $-0.14 for present quarter and one month ago projected EPS estimate was at $-0.18. If we take a look at back 3 month ago, consensus EPS estimate was $0.02.

A current consensus EPS estimate for next quarter is at $0.07 and 3 month ago EPS forecast was $0.16. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.01.

For current fiscal year, most recent EPS estimate is set at $-0.01 based on Analyst consensus and three month ago consensus EPS opinions was at $0.11. During period one month ago, consensus EPS forecast was decided at $-0.06.

A current consensus EPS projection for next fiscal year is observed at $0.68 and one month ago consensus EPS forecast was at $0.48. Take a look at back three month ago, consensus EPS estimate opinions was decided at $0.89 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 17 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 2. 5 advised the “Hold” rating about this stock. 1 revealed “Sell” signal and “Underweight” rating was declared by 2.

Three Months Ago, Analysts recommended an average brokerage rating of Overweight derived from brokerage firms, according to FactSet. 18 said a “Buy Rating” and 1 announced “Overweight Rating”. 9 advised “Hold Rating” regarding the stock. 1 announced “Sell Rating” and 3 disclosed “Underweight Rating”.

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