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Microchip (MCHP)
NASDAQ:MCHP
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MCHP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$54.47 - $100.57
Previous CloseN/A
Volume1.74M
Average Volume (3M)8.67M
Market Cap
$29.64B
Enterprise Value$49.69B
Total Cash (Recent Filing)$1.30B
Total Debt (Recent Filing)$2.90B
Price to Earnings (P/E)38.5
Beta1.61
Next Earnings
Jan 30, 2025EPS Estimate
0.29Last Dividend Ex-Date
Nov 22, 2024Dividend Yield3.28%
Share Statistics
EPS (TTM)1.43
Shares Outstanding537,010,250
10 Day Avg. Volume7,520,402
30 Day Avg. Volume8,667,730
Standard Deviation0.11
R-Squared0.50
Alpha-0.00848
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.39
Price to Cash Flow (P/CF)169.90
P/FCF Ratio268.10
Enterprise Value/Market Cap1.68
Enterprise Value/Revenue9.04
Enterprise Value/Gross Profit9.95
Enterprise Value/Ebitda28.72
Forecast
1Y Price Target
$81.13Price Target Upside45.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Microchip News
Bulls Say, Bears Say
Bulls Say
Cost SavingsThe closure of its wafer fab in Tempe, Arizona, should result in annual cost savings of $90.0 million by mid-2026.
Product ExpansionMicrochip's recent expansion into 64-bit MPUs and datacenter exposure are positives.
Sales RecoverySales are roughly 20% below pre-COVID levels and given Steve Sanghi’s extensive experience in managing MCHP through downturns, there is confidence in MCHP’s sales bouncing back faster than peers.
Bears Say
Inventory ChallengesMicrochip faces 3 obstacles: inventory, interest payments, and pricing pressures.
Market WeaknessMicrochip guided a ~10%/160bps miss on sales/GM guide as end market weakness continues to extend digestion.
Revenue OutlookMicrochip reduced its December quarter revenue outlook and announced additional restructuring plans.
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Ownership Overview
2.11% Insiders
28.53% Mutual Funds
0.14% Other Institutional Investors
35.70% 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 $54.47 and its highest was $100.56 in the past 12 months.
What is Microchip’s market cap?
Microchip’s market cap is $29.64B.
When is Microchip’s upcoming earnings report date?
Microchip’s upcoming earnings report date is Jan 30, 2025 which is in 16 days.
How were Microchip’s earnings last quarter?
Microchip released its earnings results on Nov 05, 2024. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.434 by $0.026.
Is Microchip overvalued?
According to Wall Street analysts Microchip’s price is currently Undervalued.
Does Microchip pay dividends?
Microchip pays a Quarterly dividend of $0.455 which represents an annual dividend yield of 3.28%. See more information on Microchip dividends here
What is Microchip’s EPS estimate?
Microchip’s EPS estimate is 0.29.
How many shares outstanding does Microchip have?
Microchip has 537,010,250 shares outstanding.
What happened to Microchip’s price movement after its last earnings report?
Microchip reported an EPS of $0.46 in its last earnings report, beating expectations of $0.434. Following the earnings report the stock price went down -1.797%.
Which hedge fund is a major shareholder of Microchip?
Currently, no hedge funds are holding shares in MCHP
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Microchip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$81.13 (45.11% Upside)
$81.13 (45.11% Upside)
Blogger Sentiment
Bullish
MCHP Sentiment 91%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 148.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.93%
12-Months-Change
Fundamentals
Return on Equity
12.45%
Trailing 12-Months
Asset Growth
-5.90%
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
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Negative
The earnings call highlighted Microchip's strategic innovations and capital returns to shareholders, but these were overshadowed by significant revenue declines, inventory challenges, and external market weaknesses, particularly in Europe. The company's ongoing efforts in innovation and key sector strength are positives, but the current macroeconomic environment and inventory destocking present significant hurdles.Read More>---
MCHP Revenue Breakdown
98.65% Semiconductor products
1.35% Technology licensing
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MCHP Stock 12 Month Forecast
Average Price Target
$81.13
▲(45.11% Upside)
Technical Analysis
Texas Instruments
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Best Analysts Covering MCHP
1 Year
1 Year Success Rate
26/35 ratings generated profit
1 Year Average Return
+20.80%
reiterated a buy rating 5 months ago
Copying Hans Mosesmann's trades and holding each position for 1 Year would result in 74.29% of your transactions generating a profit, with an average return of +20.80% per trade.
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