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Microchip (MCHP)
NASDAQ:MCHP
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MCHP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$68.75 - $100.57
Previous Close$77.01
Volume4.91M
Average Volume (3M)6.64M
Market Cap
$41.32B
Enterprise Value$47.17B
Total Cash (Recent Filing)$315.10M
Total Debt (Recent Filing)$6.17B
Price to Earnings (P/E)30.8
Beta1.63
Next Earnings
Oct 31, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Aug 22, 2024Dividend Yield2.33%
Share Statistics
EPS (TTM)2.50
Shares Outstanding536,505,077
10 Day Avg. Volume6,786,316
30 Day Avg. Volume6,639,113
Standard Deviation0.11
R-Squared0.52
Alpha-0.00115
Financial Highlights & Ratios
Price to Book (P/B)6.45
Price to Sales (P/S)6.27
Price to Cash Flow (P/CF)27.40
P/FCF Ratio34.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.16
Enterprise Value/Gross Profit9.44
Enterprise Value/Ebitda34.23
Forecast
1Y Price Target
$94.86Price Target Upside23.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Microchip News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company’s strong free cash flow, consistent execution, and cost discipline.
Growth PotentialNumerous growth levers set to turn on in the near term.
Market DemandBookings picking up, cancellations subsiding, and inventory normalization keys to drive upside.
Bears Say
CybersecurityMCHP disclosed that its information technology systems were breached, and the incident impacted its manufacturing operations and could impede the ability to fill orders.
Financial GuidanceMicrochip announced in-line results, but offered worse guidance as the company continues to witness weakness in Auto and Industrial, particularly in the European and American geographies.
Inventory LevelsHigh inventory on balance sheet will keep utilization low thus inhibiting gross margin expansion potential.
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Ownership Overview
2.16% Insiders
32.98% Mutual Funds
50.59% Other Institutional Investors
14.28% 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 $68.75 and its highest was $100.56 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 Oct 31, 2024 which is in 37 days.
How were Microchip’s earnings last quarter?
Microchip released its earnings results on Aug 01, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.521 by $0.009.
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 2.33%. See more information on Microchip dividends here
What is Microchip’s EPS estimate?
Microchip’s EPS estimate is $0.44.
How many shares outstanding does Microchip have?
Microchip has 536,505,070 shares outstanding.
What happened to Microchip’s price movement after its last earnings report?
Microchip reported an EPS of $0.53 in its last earnings report, beating expectations of $0.521. Following the earnings report the stock price went down -10.595%.
Which hedge fund is a major shareholder of Microchip?
Among the largest hedge funds holding Microchip’s share is Platinum Investment Management. It holds Microchip’s shares valued at 123M.
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Microchip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$94.86 (23.10% Upside)
$94.86 (23.10% Upside)
Blogger Sentiment
Bullish
MCHP Sentiment 92%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 8.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.48%
12-Months-Change
Fundamentals
Return on Equity
20.70%
Trailing 12-Months
Asset Growth
-3.97%
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
Q1 2024
0:00 / 0:00
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MCHP Revenue Breakdown
55.96% Microcontrollers
26.41% Analog
17.63% Other
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MCHP Stock 12 Month Forecast
Average Price Target
$94.86
▲(23.10% Upside)
Technical Analysis
Best Analysts Covering MCHP
1 Year
1 Year Success Rate
27/35 ratings generated profit
1 Year Average Return
+22.32%
reiterated a buy rating 2 months ago
Copying Hans Mosesmann's trades and holding each position for 1 Year would result in 77.14% of your transactions generating a profit, with an average return of +22.32% per trade.
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