Micron Technology, Inc. (MU)
After hours:
| Previous close | 89.25 |
| Open | 88.36 |
| Bid | 85.98 x 100 |
| Ask | 95.12 x 100 |
| Day's range | 88.35 - 90.97 |
| 52-week range | 63.83 - 157.54 |
| Volume | |
| Avg. volume | 24,990,666 |
| Market cap | 100.794B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.41 |
| Earnings date | 25 Sept 2024 |
| Forward dividend & yield | 0.46 (0.52%) |
| Ex-dividend date | 08 Jul 2024 |
| 1y target est | 158.18 |
- Yahoo Finance Video
Fed commentary, August PCE, Costco earnings: What to Watch
The whole gaggle of Federal Reserve officials, including Chair Jerome Powell and Vice Chair for Supervision Michael Barr, will be releasing commentary next week following the central bank's move to cut interest rates by 50 basis points this past Wednesday. August's Personal Consumption Expenditures (PCE) index — the Fed's preferred inflation gauge — is due out next Friday, September 27. Costco Wholesale (COST), Micron Technology (MU), and Accenture (ACN) are among the companies reporting quarterly earnings results throughout the week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
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Barrons.comMicron Earnings Expected to Deliver Bad News. Why Citi Says Buy the Stock.
Micron Technology reports earnings next week and while many analysts are pessimistic about what guidance the chip maker will provide, a Citi analyst still said buy the stock. Citi analyst Christopher Danely wrote in a research note Friday that he spent time chatting with investors this week about their expectations for Micron’s earnings, which will be released after the stock market closes on Sept. 25. “We estimate roughly 80% of investors are bearish on Micron with every hedge fund we spoke with being negative but a few mutual funds being positive,” Danely wrote.
