SK하이닉스
ubs: 2018.2019 포케스트 리포트.(mu 펌)코멘트9
스틱탑픽
조회3097
UBS는 2018년 DRAM ASP가8% 증가예상. 삼증 황가야? 넌 거꾸로 가니?
Micron’s Earnings Expected to Rise in 2018
Chin applauded Micron’s plans to retire $2.25 billion of its debt, funding it with proceeds from a recent equity offering and cash already on hand. He expects the firm to reach net cash positive by the end of 2018.
Remaining upbeat on the red-hot memory chip space, Chin no longer sees either DRAM prices or Micron’s earnings falling next year, although he does expect a correction materializing in 2019. The analyst significantly increased forecasts for the next two years, driven largely by DRAM chip average selling price (ASP) set to gain 8% in 2018. The UBS analyst foresees Micron posting earnings per share (EPS) up 50% next year to $7.50. In 2019, due to a forecast 19% reduction in DRAM prices, Chin expects Micron’s per-share profit to drop off to $6.55. The analyst was previously forecasting a 32% drop in DRAM prices in 2019.
The upbeat note echoes recent reports from analysts such as Instinet’s Romit Shah, who lifted his price target to $50 earlier this week. Last week, Barclays analyst Blayne Curtis increased his price target to $60 per share, highlighting positive pricing trends that will last into next year for DRAM and NAND. (See also: Micron Set to Double After Q4 Beat: Analysts
Read more: Micron to Become Net Cash Positive by 2018: UBS | Investopedia http://www.investopedia.com/news/micron-become-net-cash-positive-2018-ubs/#ixzz4wB3XNxya
Follow us: Investopedia on Faceboo
Chin applauded Micron’s plans to retire $2.25 billion of its debt, funding it with proceeds from a recent equity offering and cash already on hand. He expects the firm to reach net cash positive by the end of 2018.
Remaining upbeat on the red-hot memory chip space, Chin no longer sees either DRAM prices or Micron’s earnings falling next year, although he does expect a correction materializing in 2019. The analyst significantly increased forecasts for the next two years, driven largely by DRAM chip average selling price (ASP) set to gain 8% in 2018. The UBS analyst foresees Micron posting earnings per share (EPS) up 50% next year to $7.50. In 2019, due to a forecast 19% reduction in DRAM prices, Chin expects Micron’s per-share profit to drop off to $6.55. The analyst was previously forecasting a 32% drop in DRAM prices in 2019.
The upbeat note echoes recent reports from analysts such as Instinet’s Romit Shah, who lifted his price target to $50 earlier this week. Last week, Barclays analyst Blayne Curtis increased his price target to $60 per share, highlighting positive pricing trends that will last into next year for DRAM and NAND. (See also: Micron Set to Double After Q4 Beat: Analysts
Read more: Micron to Become Net Cash Positive by 2018: UBS | Investopedia http://www.investopedia.com/news/micron-become-net-cash-positive-2018-ubs/#ixzz4wB3XNxya
Follow us: Investopedia on Faceboo
- 이전글
- 한번 확인해 주세요.
- 다음글
- 마이크론 목표주가 대폭 상향
전문가방송
1/3
연관검색종목 04.25 14:30 기준
0/1000 byte