Micron Technology (MU) vs. The Competition Financial Survey

Micron Technology (NASDAQ:MU) is one of 220 publicly-traded companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it compare to its competitors? We will compare Micron Technology to similar companies based on the strength of its profitability, earnings, risk, valuation, institutional ownership, analyst recommendations and dividends.

Insider and Institutional Ownership

80.8% of Micron Technology shares are held by institutional investors. Comparatively, 54.7% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by institutional investors. 0.2% of Micron Technology shares are held by insiders. Comparatively, 11.8% of shares of all “Semiconductors & Semiconductor Equipment” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Micron Technology and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Micron Technology	0	4	41	1	2.93
Micron Technology Competitors	3513	12391	25843	1004	2.57

Micron Technology currently has a consensus target price of $1,407.88, suggesting a potential upside of 77.53%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 34.53%. Given Micron Technology’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Micron Technology is more favorable than its competitors.

Profitability

This table compares Micron Technology and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Micron Technology	63.80%	92.62%	66.29%
Micron Technology Competitors	-1,255.44%	-126.13%	-3.87%

Dividends

Micron Technology pays an annual dividend of $0.60 per share and has a dividend yield of 0.1%. Micron Technology pays out 0.8% of its earnings in the form of a dividend. As a group, “Semiconductors & Semiconductor Equipment” companies pay a dividend yield of 0.9% and pay out 29.5% of their earnings in the form of a dividend.

Risk and Volatility

Micron Technology has a beta of 2.36, indicating that its share price is 136% more volatile than the S&P 500. Comparatively, Micron Technology’s competitors have a beta of 2.81, indicating that their average share price is 181% more volatile than the S&P 500.

Valuation and Earnings

This table compares Micron Technology and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Micron Technology	$133.19 billion	$84.97 billion	10.69
Micron Technology Competitors	$1,259.17 billion	$2.53 billion	8.49

Micron Technology’s competitors have higher revenue, but lower earnings than Micron Technology. Micron Technology is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Micron Technology beats its competitors on 10 of the 15 factors compared.

Micron Technology Company Profile

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices. Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.