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Microchip (MCHP)
NASDAQ:MCHP
Microchip (MCHP) Stock Price & Analysis
3,163 Followers
MCHP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.71 - $100.57
Previous Close$88.77
Volume5.82M
Average Volume (3M)5.93M
Market Cap
$47.63B
Enterprise Value$53.04B
Total Cash (Recent Filing)$281.00M
Total Debt (Recent Filing)$5.70B
Price to Earnings (P/E)25.5
Beta1.46
Next Earnings
Aug 01, 2024EPS Estimate
$0.52Last Dividend Ex-Date
May 21, 2024Dividend Yield1.97%
Share Statistics
EPS (TTM)3.47
Shares Outstanding536,885,996
10 Day Avg. Volume5,503,559
30 Day Avg. Volume5,934,722
Standard Deviation0.11
R-Squared0.55
Alpha0.00277
Financial Highlights & Ratios
Price to Book (P/B)-19.42
Price to Sales (P/S)5.83
Price to Cash Flow (P/CF)14.40
P/FCF Ratio14.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.21
Enterprise Value/Gross Profit9.31
Enterprise Value/Ebitda19.02
Forecast
1Y Price Target
$103.47Price Target Upside16.56% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Microchip News
Bulls Say, Bears Say
Bulls Say
Booking TrendsThe company believes the June quarter is the bottom given accelerating booking trends over the last three months.
Revenue RecoveryThe company is seeing green shoots emerge which support their view of a revenue recovery in the upcoming quarters.
Shareholder ReturnsThe company increased its dividend and continued to repurchase shares, demonstrating solid free cash flow generation.
Bears Say
Financial PerformanceSales weakened considerably in the quarter, with Microchip calling out broad-based weakness across geographies and most end markets.
Inventory IssuesHigh inventory levels with MarQ DOI at 224 days, a 4-year-high, and JunQ estimated higher.
Management StrategyManagement plans to lower factory utilization, including planned two-week shutdowns, as customers continue requesting pushouts and cancellations.
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Ownership Overview
2.15% Insiders
33.05% Mutual Funds
31.36% Other Institutional Investors
33.45% 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 $67.70 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 Aug 01, 2024 which is in 10 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 1.97%. 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 536,505,070 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 -1.811%.
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 779M.
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Microchip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$103.47 (16.56% Upside)
$103.47 (16.56% Upside)
Blogger Sentiment
Bullish
MCHP Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 8.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.22%
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
$103.47
▲(16.56% Upside)
Technical Analysis
Best Analysts Covering MCHP
1 Year
1 Year Success Rate
28/34 ratings generated profit
1 Year Average Return
+24.45%
reiterated a buy rating 6 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 +24.45% per trade.
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