마이크론은 전형적인 바닥 신호를 보이고 있다-씨티그룹(2022.08.11)

2022.08.11

Chips rise as Citi says Micron showing 'classic signs' of a bottom (NASDAQ:MU) | Seeking Alpha

씨티가 마이크론이 전형적인 바닥 신호를 보여준다고 언급하자 반도체 주식들은 상승했다.

 

Micron (MU) gained more than 3% in mid-day trading as Citi noted the company has shown the three signs of a bottom:

it lowered its capex spending; it is trading near trough valuation;

and it has most of its downside already in consensus estimates.

 

씨티는 마이크론이 전형적인 3가지 바닥 신홀를 보여준다고 언급하자 마이크론은 3%이상 상승했다.

첫째: 설비 투자를 줄이겠다고 하였다.

둘째: 밸류에이션 바닥에서 거래되고 있다.

셋째: 시장에서 실적 예상치가 가장 많이 하락하고 있다.

 

"[Fiscal 2023] EPS estimate is down roughly 50% since last quarter," analyst Christopher Danely wrote in a note to clients, adding that after yesterday's news of a weaker-than-expected forecast, "most of the downside to consensus estimates will be out."

 

지난 분기이후 회계년도 2023년 주당 순이익 추정치가 50%정도 하락하였다고 씨티의 애널리스트 데인리는

투자자들에게 보낸 보고서에서 언급하였다.

 

Baird analyst Tristan Gerra, who has a neutral rating on Micron (MU), said the company is "at the center of the ongoing PC demand and inventory storm," citing its oversized exposure to the PC market and sensitive nature to memory pricing.

 

"In our view, the combination of 20+ year-high inventory days in the PC supply chain, along with a structural demand shift away from home electronics to outdoor leisure, suggests an 'L-shaped' recovery in PCs with demand likely remaining very muted in 2023," Gerra wrote in a note to clients.

 

On Tuesday, investment firm Raymond James downgraded Micron (MU) after the weak forecast, citing the fact that "near-term news is likely to work against shares" going into the next fiscal year.