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Microchip (MCHP)
NASDAQ:MCHP
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MCHP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.63 - $100.57
Previous Close$64.88
Volume8.67M
Average Volume (3M)6.04M
Market Cap
$34.84B
Enterprise Value$40.98B
Total Cash (Recent Filing)$286.10M
Total Debt (Recent Filing)$6.42B
Price to Earnings (P/E)45.2
Beta1.56
Next Earnings
Jan 30, 2025EPS Estimate
$0.31Next Dividend Ex-Date
Nov 22, 2024Dividend Yield2.75%
Share Statistics
EPS (TTM)1.43
Shares Outstanding537,010,234
10 Day Avg. Volume8,133,827
30 Day Avg. Volume6,043,104
Standard Deviation0.11
R-Squared0.52
Alpha-0.00386
Financial Highlights & Ratios
Price to Book (P/B)5.55
Price to Sales (P/S)6.14
Price to Cash Flow (P/CF)200.90
P/FCF Ratio317.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.46
Enterprise Value/Gross Profit8.20
Enterprise Value/Ebitda23.69
Forecast
1Y Price Target
$85.73Price Target Upside31.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Microchip News
Bulls Say, Bears Say
Bulls Say
Inventory And DemandRequests for cancellations subsided in the quarter while expedites increased, pointing to a possible bottoming out in customer inventory levels.
Product PositioningMicrochip's expansion into 64-bit MPUs and datacenter exposure are positives.
Sales And Growth PotentialDespite a 54% sales drop from its peak, the company is expected to experience a strong bounce in fundamentals.
Bears Say
Financial PerformanceMicrochip reported ok results but guided well below Consensus due to continued Auto/Industrial weakness.
Inventory And Demand ChallengesThe company is facing continued top-line headwinds with DecQ revenue expected to decline by 9% quarter-over-quarter, influenced by customer inventory destocking and soft demand.
Valuation ConcernsMCHP currently trades at 26x consensus CY25 EPS, well above the company's 5-year average of 18.5x, and at the peak of the 5-year P/E range of 11x to 26x.
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Ownership Overview
2.11% Insiders
28.69% Mutual Funds
19.94% Other Institutional Investors
17.89% 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 $62.63 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 Jan 30, 2025 which is in 70 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 $0.46 which represents an annual dividend yield of 2.75%. See more information on Microchip dividends here
What is Microchip’s EPS estimate?
Microchip’s EPS estimate is $0.31.
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 -1.785%.
Which hedge fund is a major shareholder of Microchip?
Among the largest hedge funds holding Microchip’s share is Bristol Gate Capital Partners Inc.. It holds Microchip’s shares valued at 78M.
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Microchip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$85.73 (31.65% Upside)
$85.73 (31.65% Upside)
Blogger Sentiment
Bullish
MCHP Sentiment 91%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 620.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 3.5%
Last 30 Days ▲ 3.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.69%
12-Months-Change
Fundamentals
Return on Equity
11.80%
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
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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
$85.73
▲(31.65% Upside)
Technical Analysis
Best Analysts Covering MCHP
1 Year
1 Year Success Rate
26/35 ratings generated profit
1 Year Average Return
+21.62%
reiterated a buy rating 4 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 +21.62% per trade.
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