e.Digital (OTCMKTS:EDIG) and Micron Technology (NASDAQ:MU) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, analyst recommendations, profitability, earnings and valuation.
Risk & Volatility
e.Digital has a beta of 2.02, meaning that its stock price is 102% more volatile than the S&P 500. Comparatively, Micron Technology has a beta of 1.98, meaning that its stock price is 98% more volatile than the S&P 500.
This is a breakdown of current ratings for e.Digital and Micron Technology, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Micron Technology has a consensus price target of $61.64, suggesting a potential upside of 6.91%. Given Micron Technology’s higher possible upside, analysts plainly believe Micron Technology is more favorable than e.Digital.
Institutional & Insider Ownership
77.3% of Micron Technology shares are held by institutional investors. 2.3% of e.Digital shares are held by insiders. Comparatively, 0.2% of Micron Technology shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Valuation and Earnings
This table compares e.Digital and Micron Technology’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Micron Technology||$23.41 billion||2.73||$6.31 billion||$6.15||9.38|
Micron Technology has higher revenue and earnings than e.Digital.
This table compares e.Digital and Micron Technology’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Micron Technology beats e.Digital on 8 of the 10 factors compared between the two stocks.
e.Digital Company Profile
e.Digital Corporation engages in developing and marketing an intellectual property portfolio of context and interpersonal awareness systems, advanced data security technologies, secure communication technologies, and other technologies. It is involved in licensing and enforcing its Nunchi portfolio of patents related to context and interpersonal awareness systems; microSignet data security technology based on characteristics in semi-conductors; Synap security system, method, and apparatus to solve the issues of encryption key generation and exchange; and other technologies. The company was formerly known as Norris Communications, Inc. and changed its name to e.Digital Corporation in January 1999. e.Digital Corporation was founded in 1988 and is based in San Diego, California.
Micron Technology Company Profile
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU). The Compute and Networking Business Unit segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The Mobile Business Unit segment offers memory products sold into smartphone, and other mobile-device markets. The Storage Business Unit segment comprises of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer solid-state drive (SSD) markets, other discrete storage products sold in component and wafer forms to the removable storage markets, and sales of 3D XPoint memory. The Embedded Business Unit segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph L. Parkinson, Dennis Wilson, and Doug Pitman in October 1978 and is headquartered in Boise, ID.
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