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Microchip (MCHP)
NASDAQ:MCHP
Microchip (MCHP) Stock Price & Analysis
3,067 Followers
MCHP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.02 - $96.14
Previous Close$92.54
Volume1.07M
Average Volume (3M)5.39M
Market Cap
$50.61B
Enterprise Value$55.42B
Total Cash (Recent Filing)$281.00M
Total Debt (Recent Filing)$5.70B
Price to Earnings (P/E)26.6
Beta1.46
Next Earnings
Jul 30, 2024EPS Estimate
$0.52Next Dividend Ex-Date
May 21, 2024Dividend Yield1.82%
Share Statistics
EPS (TTM)3.47
Shares Outstanding540,387,949
10 Day Avg. Volume5,825,156
30 Day Avg. Volume5,387,374
Standard Deviation0.11
R-Squared0.56
Alpha0.00089
Financial Highlights & Ratios
Price to Book (P/B)-19.53
Price to Sales (P/S)5.86
Price to Cash Flow (P/CF)14.50
P/FCF Ratio15.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.49
Enterprise Value/Gross Profit9.73
Enterprise Value/Ebitda19.75
Forecast
1Y Price Target
$99.75Price Target Upside6.51% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Microchip News
PremiumMarket News
QQQ ETF Update, 4/30/2024 
Bulls Say, Bears Say
Bulls Say
Financial PerformanceWith sales down from its peak, the company is shipping well below demand, anticipating a strong rebound as customer demand improves.
Investment RecommendationAnalyst recommends an Overweight rating on the stock, citing increased price targets based on the company's solid earnings prospects.
Market OutlookThe FPGA business is displaying year-over-year strength with higher than average margins, signaling a robust sector within the company.
Bears Say
Financial GuidanceMicrochip guided FY1Q revenue and EPS below Street expectations.
Inventory ManagementHigh inventories with MarQ Days of Inventory (DOI) at a 4-year high and expected to increase next quarter.
Profitability ConcernsGross margins are at four-year lows, suggesting profitability pressures.
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Ownership Overview
2.13% Insiders
32.95% Mutual Funds
38.57% Other Institutional Investors
26.35% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MCHP FAQ
What was Microchip’s price range in the past 12 months?
Microchip lowest stock price was $68.02 and its highest was $96.14 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 Jul 30, 2024 which is in 77 days.
How were Microchip’s earnings last quarter?
Microchip released its earnings results on May 06, 2024. The company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.572 by -$0.002.
Is Microchip overvalued?
According to Wall Street analysts Microchip’s price is currently Undervalued.
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 $0.52.
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 $0.57 in its last earnings report, missing expectations of $0.572. Following the earnings report the stock price went down -1.813%.
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:
$99.75 (6.51% Upside)
$99.75 (6.51% Upside)
Blogger Sentiment
Bullish
MCHP Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.99%
12-Months-Change
Fundamentals
Return on Equity
28.96%
Trailing 12-Months
Asset Growth
-3.04%
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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MCHP Company Deck
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MCHP Earnings Call
Q4 2024
0:00 / 0:00
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MCHP Revenue Breakdown
56.36% Microcontrollers
28.17% Analog
15.48% Other
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MCHP Stock 12 Month Forecast
Average Price Target
$99.75
▲(6.51% Upside)
Technical Analysis
Best Analysts Covering MCHP
1 Year
1 Year Success Rate
28/34 ratings generated profit
1 Year Average Return
+24.40%
reiterated a buy rating 4 months ago
Copying Hans Mosesmann's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +24.40% per trade.
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