Analysts expect sales decline Micron Technology

Tomorrow the American company Micron Technology will publish its past quarter results. For this year Micron Technology's revenue will be around 23,07 billion USD. This is according to the average of the analysts' estimates. This is quite lower than 2018's revenue of 30,39 billion USD.

Historical revenues and results Micron Technology plus estimates 2019

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The analysts expect for 2019 a net profit of 7,11 billion USD. For this year the consensus of Micron Technology's result per share is a profit of 6,16 USD. The price/earnings-ratio is then 5,4.

Analysts don't expect the company to pay a dividend. The average dividend yield of the semiconductor companies equals a limited 0,5 percent.

Micron Technology's market capitalization is based on the number of outstanding shares around 36,97 billion USD. The Micron Technology stock was the past 12 months quite volatile. Since last June the stock is 42 percent lower. This year the stock price moved between 28 and 60 dollar.

On Monday the stock closed at 33,25 USD.

Historical stock prices Micron Technology

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