Practice Mode
Micron · April 2016
MUTechnology2-year horizonHard
Imagine you already own shares of this company.
Everything on this page is limited to information available on April 1, 2016.
The situation
- Date
- April 1, 2016
- You own
- Shares of Micron
- Period
- 2 years, until April 2018
Decide what to do with your shares.
The company at the time
Micron makes memory chips: DRAM, which computers and phones use while they work, and NAND flash, which stores data. Memory chips are close to a commodity: their prices swing with supply and demand, so the industry's profits rise and fall in cycles. After two strong years, memory prices have been falling fast because PC sales are weak and manufacturers built a lot of new capacity. Yesterday, Micron reported a loss for its latest quarter, with sales well below a year earlier, and the share price has fallen by about 60% over the past year. The company is still spending heavily on new factories and technology to keep up with larger rivals such as Samsung. The P/E below is low because the strong results of 2015 are still in the figures.
Information available at the time
The same numbers as on company pages, as they had been reported by April 1, 2016. Sector medians aren't shown because StockLab doesn't have them as they stood back then.
Revenue, growth, profit and cash flow are for fiscal year 2015 (ended September 2015), the latest full year in an annual report filed by then; cash and debt come from the latest report (its date is on the card). Results announced after that aren't in these cards yet, even if the story above mentions them, so their numbers can differ.
Click any metric to see what it means.Tap any metric to see what it means.
$11.03
Close on Apr 1, 2016
$11.4B
5-year trends
Annual figures, fiscal years 2011-2015.
Stock price
Useful context, but not the main focus.
Drag across the chart to compare two days.Touch the chart with two fingers to compare two days.
Future prices are hidden until you decide.
What would you do?
No virtual money and no score. After you choose, you'll see what happened and a review of the reasoning.