Micron Technology, Inc. (NASDAQ:MU) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.55% to $20.02. Analyst Betsy Van Hees of Loop Capital recommended investors with a higher risk/reward tolerance to Buy Micron Technology, Inc. (MU) shares as she expects a beat-and-raise first quarter on improving DRAM and NAND pricing.
Micron will report its first quarter results on December 21 and Van Hees expects pro forma EPS of $0.32 on revenue of $3.98 billion above the Street ($0.23/$3.86 billion) with revenue towards the high-end of the guidance range and pro forma EPS above the guidance range. Micron will report its first quarter results on December 21 and Van Hees expects pro forma EPS of $0.32 on incomeof $3.98 billion above the Street ($0.23/$3.86 billion) with incometowards the high-end of the guidance range and pro forma EPS above the guidance range.
“We believe MU will benefit from improved pricing dynamics in both DRAM and NAND driving improvements to pro forma GM and OM,” Van Hees wrote in a note.
Finally, analysts shed their light over the MU price targets; maintaining price high target of 30.01 while at average the price target was 22.14 in contrast with the current price of 20.02. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.
So does the rankings given by analysts; let us highlight rankings table and we had 18 analysts recommending BUY ratings for current month and for previous month 16 stands on similar situation; while 6 for the current month as compared to 5 analysts recommending for HOLD from the pool for previous month. While 2 stands at overweight and 2 analysts gave Underweight and. For the overall, consensus ratings were for Overweight.
The share price of MU attracts active investors, as stock price of week volatility recorded 4.41%. The stock is going forward to its 52-week low with 115.04% and lagging behind from its 52-week high price with -4.62%.
Twilio Inc. (NYSE:TWLO) [Trend Analysis] moved up reacts as active mover, shares an advance 0.82% to traded at $29.51 and the percentage gap between open changing to regular change was -0.14%. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked TWLO in recent few months. In ratings table the TWLO given BUY ratings by 2 analysts in current phase. While 8 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommend it as Hold security.
The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $-0.05 at current month while compared with $-0.05 in a month ago. The stock next year first quarter current estimate trend for EPS was for $-0.04 and on annual basis FY 2016 estimate trends at current was for $-0.22 as compared to one month ago of $-0.22, and for next year per share earnings estimates have $-0.10.
The firm’s current ratio calculated as 4.50 for the most recent quarter. The firm past twelve months price to sales ratio was 10.78 and price to cash ratio remained 10.55. As far as the returns are concern, the return on equity was recorded as -52.30% and return on investment was 28.80% while its return on asset stayed at -14.80%. The firm has total debt to equity ratio measured as 0.01.