Micron has made a huge move up as it has broken above $50. I did not anticipate this move.
The Stochastics is in extremely oversold territory.
| Stat | Value |
|---|---|
| PE | 24.72 |
| EPS | 0.71 |
| Beta | 1.50 |
| Gross Profit Margin | 29.03% |
| Net Profit Margin | 11.34% |
| Avg Volume | 23.50M |
| Shares Outstanding | 4.29B |
Positives:
*Below Fair Value: MU ($50.51) is trading below our estimate of fair value ($159.2)
- Significantly Below Fair Value: MU is trading below fair value by more than 20%.
- Short Term Liabilities: MU's short term assets ($17.9B) exceed its short term liabilities ($6.2B).
- Long Term Liabilities: MU's short term assets ($17.9B) exceed its long term liabilities ($7.9B).
- High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Negatives
- No dividend
- High Growth Revenue: MU's revenue (15.2% per year) is forecast to grow slower than 20% per year.)