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Microchip (GB:0K19)
LSE:0K19
Microchip (0K19) Share Price & Analysis
1 Followers
0K19 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.07 - $94.41
Previous Close$94.41
Volume2.04K
Average Volume (3M)45.86K
Market Cap
$50.58B
Enterprise Value$55.99B
Total Cash (Recent Filing)$281.00M
Total Debt (Recent Filing)$5.70B
Price to Earnings (P/E)22.1
Beta1.36
Next Earnings
May 06, 2024EPS Estimate
$0.57Last Dividend Ex-Date
Feb 22, 2024Dividend Yield1.82%
Share Statistics
EPS (TTM)4.28
Shares Outstanding540,387,949
10 Day Avg. Volume4,903
30 Day Avg. Volume45,862
Standard Deviation0.12
R-Squared0.48
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-19.68
Price to Sales (P/S)4.66
Price to Cash Flow (P/CF)14.60
P/FCF Ratio15.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.56
Enterprise Value/Gross Profit9.83
Enterprise Value/Ebitda19.95
Forecast
1Y Price Target
$92.40Price Target Upside-2.13% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Microchip News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalysts forecast a significant expansion in MCHP's Operating Margins, expecting an increase of 1000 basis points over the next decade.
Market PositionMCHP is viewed as a Tectonic Shift play, a key supplier into the emerging IoT market expected to grow to tens of billions of units.
Stock PotentialAnalyst expects MCHP to outperform during earnings season on negative sentiment and anticipation of positive commentary.
Bears Say
Inventory And Supply Chain IssuesWith sales down 40% from its peak, the largest decline among peers, and DecQ Days of Inventory (DOI) at 185 days, MarQ estimated ~225-230 days (target 130-150), the stock faces risks from elevated inventory levels and potential oversupply.
Revenue Guidance And Demand WeaknessSharper Inventory Correction Drives Significant Cuts To Model, with revenue guidance down and management planning to lower factory utilization due to broad-based demand weakness across geographies and most end markets.
Underutilization And Margin PressureUnderutilization will pressure gross margins (GMs), and with the expectation of trough margins to be well worse than originally anticipated, the stock could see further downside as factory shutdowns and inventory write-downs are expected.
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Options Prices
Currently, No data available
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Ownership Overview
2.13% Insiders
32.77% Mutual Funds
30.58% Other Institutional Investors
34.53% Public Companies and
Individual Investors
0K19 FAQ
What was Microchip’s price range in the past 12 months?
Microchip lowest share price was $68.07 and its highest was $94.41 in the past 12 months.
What is Microchip’s market cap?
Currently, no data Available
When is Microchip’s upcoming earnings report date?
Microchip’s upcoming earnings report date is May 06, 2024 which is in 8 days.
How were Microchip’s earnings last quarter?
Microchip released its earnings results on Feb 01, 2024. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.04.
Is Microchip overvalued?
According to Wall Street analysts Microchip’s price is currently Overvalued.
Does Microchip pay dividends?
Microchip pays a Quarterly dividend of $0.45 which represents an annual dividend yield of 1.82%. See more information on Microchip dividends here
What is Microchip’s EPS estimate?
Microchip’s EPS estimate is $0.57.
How many shares outstanding does Microchip have?
Microchip has 540,387,940 shares outstanding.
What happened to Microchip’s price movement after its last earnings report?
Microchip reported an EPS of $1.08 in its last earnings report, beating expectations of $1.04. Following the earnings report the stock price went down -1.464%.
Which hedge fund is a major shareholder of Microchip?
Among the largest hedge funds holding Microchip’s share is Dodge & Cox. It holds Microchip’s shares valued at 1B.
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Microchip Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$92.40 (-2.13% Downside)
$92.40 (-2.13% Downside)
Blogger Sentiment
Bullish
GB:0K19 Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $858.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.93%
12-Months-Change
Fundamentals
Return on Equity
35.19%
Trailing 12-Months
Asset Growth
0.17%
Trailing 12-Months
Company Description
Microchip
Founded in 1989, Arizona-based Microchip Technology, Inc. is a leading provider of smart, connected and secure embedded control solutions. The company's solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets.
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0K19 Company Deck
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0K19 Earnings Call
Q3 2024
0:00 / 0:00
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0K19 Stock 12 Months Forecast
Average Price Target
$92.40
▼(-2.13% Downside)
Technical Analysis
ON Semiconductor
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NXP Semiconductors
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Skyworks Solutions
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Microchip
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Texas Instruments
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Best Analysts Covering 0K19
1 Year
1 Year Success Rate
32/37 ratings generated profit
1 Year Average Return
+22.92%
reiterated a buy rating 21 days ago
Copying Christopher Rolland's trades and holding each position for 1 Year would result in 86.49% of your transactions generating a profit, with an average return of +22.92% per trade.
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