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How to buy Micron Technology (MU) stocks in Canada

Learn how to easily invest in Micron Technology stocks.

Micron Technology is a semiconductors business based in the US. Micron Technology stocks (MU.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $85.07 – a decrease of 15.85% over the previous week. Micron Technology employs 43,000 staff and has a trailing 12-month revenue of around $29.6 billion.

How to buy shares in Micron Technology

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MU – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Micron Technology stock price (NASDAQ:MU)

Use our graph to track the performance of MU stocks over time.

Micron Technology shares at a glance

Information last updated 2022-01-16.
Latest market close$81.93
52-week range$65.60 - $98.45
50-day moving average $85.86
200-day moving average $79.91
Wall St. target price$109.09
PE ratio 15.0689
Dividend yield $0.2 (0.21%)
Earnings per share (TTM) $6.46

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Is it a good time to buy Micron Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Micron Technology price performance over time

Historical closes compared with the close of $81.93 from 2022-01-21

1 week (2022-01-14) -15.85%
1 month (2021-12-22) -9.31%
3 months (2021-10-22) 21.36%
6 months (2021-07-22) 8.47%
1 year (2021-01-22) -0.43%
2 years (2020-01-22) 38.47%
3 years (2019-01-22) 141.90%
5 years (2017-01-20) 273.09%

Is Micron Technology under- or over-valued?

Valuing Micron Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Micron Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Micron Technology's P/E ratio

Micron Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Micron Technology shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Micron Technology's PEG ratio

Micron Technology's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0342. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Micron Technology's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Micron Technology's EBITDA

Micron Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $15 billion.

The EBITDA is a measure of a Micron Technology's overall financial performance and is widely used to measure a its profitability.

Micron Technology financials

Revenue TTM $29.6 billion
Operating margin TTM 29.01%
Gross profit TTM $10.5 billion
Return on assets TTM 9.34%
Return on equity TTM 17.16%
Profit margin 24.86%
Book value $40.99
Market capitalisation $109 billion

TTM: trailing 12 months

Micron Technology's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Micron Technology.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Micron Technology's total ESG risk score

Total ESG risk: 32.71

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Micron Technology's overall score of 32.71 (as at 12/31/2018) is pretty weak – landing it in it in the 64th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Micron Technology is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Micron Technology's environmental score

Environmental score: 12.48/100

Micron Technology's environmental score of 12.48 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Micron Technology is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Micron Technology's social score

Social score: 6.08/100

Micron Technology's social score of 6.08 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Micron Technology is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Micron Technology's governance score

Governance score: 6.15/100

Micron Technology's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Micron Technology is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Micron Technology's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Micron Technology scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Micron Technology has, for the most part, managed to keep its nose clean.

Micron Technology share dividends

3%

Dividend payout ratio: 2.69% of net profits

Recently Micron Technology has paid out, on average, around 2.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.21% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Micron Technology shareholders could enjoy a 0.21% return on their shares, in the form of dividend payments. In Micron Technology's case, that would currently equate to about $0.2 per share.

While Micron Technology's payout ratio might seem low, this can signify that Micron Technology is investing more in its future growth.

Micron Technology's most recent dividend payout was on 17 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2021 (the "ex-dividend date").

Have Micron Technology's shares ever split?

Micron Technology's shares were split on a 2:1 basis on 1 May 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Micron Technology shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Micron Technology shares which in turn could have impacted Micron Technology's share price.

Micron Technology share price volatility

Over the last 12 months, Micron Technology's shares have ranged in value from as little as $65.6 up to $98.45. A popular way to gauge a stock's volatility is its "beta".

MU.US volatility(beta: 1.15)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Micron Technology's is 1.1495. This would suggest that Micron Technology's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Micron Technology overview

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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