Microchip Technology Incorporated (MCHP)
- Previous Close
86.19 - Open
90.81 - Bid 90.65 x 700
- Ask 90.71 x 700
- Day's Range
89.40 - 91.69 - 52 Week Range
68.75 - 94.30 - Volume
7,103,151 - Avg. Volume
5,559,014 - Market Cap (intraday)
49.002B - Beta (5Y Monthly) 1.62
- PE Ratio (TTM)
21.19 - EPS (TTM)
4.28 - Earnings Date May 6, 2024
- Forward Dividend & Yield 1.68 (1.85%)
- Ex-Dividend Date Feb 22, 2024
- 1y Target Est
93.94
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
www.microchip.comRecent News: MCHP
Performance Overview: MCHP
Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is .
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Statistics: MCHP
Valuation Measures
Market Cap
49.00B
Enterprise Value
54.45B
Trailing P/E
21.19
Forward P/E
28.57
PEG Ratio (5yr expected)
8.96
Price/Sales (ttm)
5.84
Price/Book (mrq)
6.92
Enterprise Value/Revenue
6.37
Enterprise Value/EBITDA
13.43
Financial Highlights
Profitability and Income Statement
Profit Margin
27.59%
Return on Assets (ttm)
12.29%
Return on Equity (ttm)
35.19%
Revenue (ttm)
8.54B
Net Income Avi to Common (ttm)
2.36B
Diluted EPS (ttm)
4.28
Balance Sheet and Cash Flow
Total Cash (mrq)
281M
Total Debt/Equity (mrq)
80.90%
Levered Free Cash Flow (ttm)
2.25B
Research Analysis: MCHP
Company Insights: MCHP
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Research Reports: MCHP
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Analyst Report: Microchip Technology, Inc.
Microchip Technology produces semiconductors used in a wide variety of embedded control applications. Products include 8-bit, 16-bit and 32-bit microcontrollers; a broad range of linear, mixed-signal, power management, thermal management, radio frequency (RF), timing, safety, security, and wired and wireless connectivity devices; and memory devices including EEPROM, serial flash, parallel, and static random access memories (SRAM). Microchip has more than 2,800 microcontrollers in its product catalog, which are used in end products in the automotive, communications, computing, consumer, and industrial control markets.
RatingPrice TargetMarket Update: EL, MCHP
Stocks were mixed on Tuesday morning as investors digested new earnings results. Stocks in the news today include Palantir Technologies (PLTR), which gained 25% since reporting a stellar fourth quarter. BP plc (BP) shares are up following an earnings beat and plans to boost share repurchasing by $1.75 billion. The 10-year Treasury declined to 4.11%. The S&P 500 was up less than 0.01% and the Dow rose 0.2%, while the Nasdaq was down 0.1%. Crude Oil traded at $73 per barrel and gold was up $10 to $2053 per ounce.
Analyst Report: Microchip Technology Incorporated
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
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