Micron Technology (NASDAQ:MU – Get Free Report) and Qnity Electronics (NYSE:Q – Get Free Report) are both large-cap technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, valuation and earnings.
Dividends
Micron Technology pays an annual dividend of $0.60 per share and has a dividend yield of 0.1%. Qnity Electronics pays an annual dividend of $0.32 per share and has a dividend yield of 0.3%. Micron Technology pays out 1.4% of its earnings in the form of a dividend. Qnity Electronics pays out 11.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Institutional & Insider Ownership
80.8% of Micron Technology shares are owned by institutional investors. 0.2% of Micron Technology shares are owned by insiders. Comparatively, 0.2% of Qnity Electronics shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Micron Technology | 0 | 5 | 39 | 1 | 2.91 |
| Qnity Electronics | 0 | 1 | 8 | 1 | 3.00 |
Micron Technology currently has a consensus target price of $1,341.87, indicating a potential upside of 23.99%. Qnity Electronics has a consensus target price of $151.78, indicating a potential upside of 21.69%. Given Micron Technology’s higher probable upside, research analysts clearly believe Micron Technology is more favorable than Qnity Electronics.
Profitability
This table compares Micron Technology and Qnity Electronics’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Micron Technology | 55.91% | 71.13% | 50.33% |
| Qnity Electronics | 11.25% | 10.83% | 6.26% |
Earnings & Valuation
This table compares Micron Technology and Qnity Electronics”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Micron Technology | $90.27 billion | 13.54 | $8.54 billion | $44.17 | 24.50 |
| Qnity Electronics | $5.21 billion | 5.01 | $692.00 million | $2.80 | 44.54 |
Micron Technology has higher revenue and earnings than Qnity Electronics. Micron Technology is trading at a lower price-to-earnings ratio than Qnity Electronics, indicating that it is currently the more affordable of the two stocks.
Summary
Micron Technology beats Qnity Electronics on 12 of the 15 factors compared between the two stocks.
About Micron Technology
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
About Qnity Electronics
Qnity Electronics Inc. is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc. is based in WILMINGTON, Del.
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