Microchip Technology/MCHP

$91.48

-0.55%
-
1D1W1MYTD1YMAX

About Microchip Technology

Microchip Technology Inc provides smart, connected, and secure embedded control solutions. Its development tools and comprehensive product portfolio enable customers to create optimal designs. The Company's solutions serve approximately 125,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices and memory products. Its technology licensing segment includes sales and licensing of the Company's intellectual property. It also offers camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance open standard for in-vehicle networking. Its Neuronix AI Labs offers artificial intelligence (AI)-enabled edge solutions deployed on field programmable gate arrays (FPGAs).

Ticker

MCHP

Sector

Technology

Trading on

NASDAQ

Industry

Semiconductors

CEO

Steve Sanghi

Employees

22,600

Headquarters

Chandler, United States

MCHP Metrics

BasicAdvanced
$50B
Market cap
26.48
P/E ratio
$3.47
EPS
1.54
Beta
$1.68
Dividend rate
1.97%
Dividend yield
$50B
1.54482
$96.14
$68.75
5.6M
$1.68
1.196
0.674
75.106
90.117
35.08%
36.939
18.53%
11.83%
28.96%
14.33%
26.485
6.511
7.466
7.466
1.48%
1.83%
1.97%
-9.53%
-13.53%
11.97%
75.33%
31.07%

What the Analysts think about MCHP

Analyst Ratings

Majority rating from 26 analysts.
Buy

Price Targets

Average projection from 23 analysts.
7.73% upside
High $110.00
Low $85.00
$91.48
Current price
$98.55
Average price target

MCHP Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.66% profit margin
QuarterlyAnnual
Q4 24
QoQ growth
Revenue
$1.3B
-24.91%
Net income
$155M
-63.1%
Profit margin
11.66%
-50.88%

MCHP Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$1.64
$1.64
$1.62
$1.08
-
Expected
$1.62
$1.64
$1.62
$1.04
$0.57
Surprise
1.1%
-0.04%
0.31%
4%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Microchip Technology stock?

Microchip Technology (MCHP) has a market cap of $49B as of May 13, 2024.

What is the P/E ratio for Microchip Technology stock?

The price to earnings (P/E) ratio for Microchip Technology (MCHP) stock is 26.34 as of May 13, 2024.

Does Microchip Technology stock pay dividends?

Yes, the Microchip Technology (MCHP) stock pays dividends to shareholders. As of May 13, 2024, the dividend rate is $1.682 and the yield is 1.98%. Microchip Technology has a payout ratio of 35.08% on a trailing twelve-month basis.

When is the next Microchip Technology dividend payment date?

The next Microchip Technology (MCHP) dividend payment is scheduled for June 05, 2024.

What is the beta indicator for Microchip Technology?

Microchip Technology (MCHP) has a beta rating of 1.54. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Microchip Technology stock price target?

The target price for Microchip Technology (MCHP) stock is $98.77, which is 7.95% above the current price of $91.5. This is an average based on projections from 23 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Microchip Technology stock

Buy or sell Microchip Technology stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing