Home / Tech & Systems / Short Call on Analysts Review: Micron Technology, Inc. (NASDAQ:MU), SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Short Call on Analysts Review: Micron Technology, Inc. (NASDAQ:MU), SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Several matter pinch shares of Micron Technology, Inc. (NASDAQ:MU) [Trend Analysis], as shares surging 2.47% to $17.41 with a share volume of 20.14 Million. Lets us look over what analysts have to say about performance of the MU. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.17 as compared to the next year Q1 current trend of $0.26. While on annual basis the current EPS estimates trend for FY 2017 came in for $1.60 as compared to three months ago $1.54.

The stock prices target chart showed high target of 25 kept by analysts at WSJ while the average price target was for 20.50 as compared to current price of 17.41. Somehow, the stock managed to gain BUY ratings by 17 analysts in current tenure as 2 analysts having overweight ratings, 5 recommend as HOLD, 2 stands at Underweight. Overall, the consensus ratings were for Overweight by the pool of analysts.

The stock is going forward its 52-week low with 87% and moving down from its 52-week high price with -9.42%. To have technical analysis views, liquidity ratio of a company was calculated 2 as evaluated with its debt to equity ratio of 0.82. The float short ratio was 6.82%, as compared to sentiment indicator; Short Ratio was 2.71.

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) [Trend Analysis] runs in leading trade, it surging 0.42% to traded at $14.20. Finally to see some strong financial remarks by WSJ over SEDG performance. Out of the pool of analysts, 10 gave their BUY ratings on the stock in previous month as 10 analysts having BUY in current month. The 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.42 while one month ago this estimate trend was for $0.42. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.86 and for the one month was for $1.91 as compared to three months ago was for $2.29. Whereas, SEDG received highest price target of 32 and low target of 13. The stock price target chart showed average price target of 24.27 as compared to current price of 14.20.

Narrow down four to firm performance, its weekly performance was -10.13% and monthly performance was -7.43%. The stock price of SEDG is moving down from its 20 days moving average with -11.39% and isolated negatively from 50 days moving average with -15.08%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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