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NASDAQ:MCHP

Microchip Technology (MCHP) Stock Price, News & Analysis

Microchip Technology logo
$61.07 -3.23 (-5.02%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$61.12 +0.05 (+0.08%)
As of 02/21/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Microchip Technology Stock (NASDAQ:MCHP)

Key Stats

Today's Range
$60.66
$64.42
50-Day Range
$51.89
$64.30
52-Week Range
$50.21
$100.57
Volume
13.46 million shs
Average Volume
10.52 million shs
Market Capitalization
$32.84 billion
P/E Ratio
109.05
Dividend Yield
2.98%
Price Target
$77.11
Consensus Rating
Moderate Buy

Company Overview

Microchip Technology Incorporated engages in the development, manufacture, and sale of 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 mixed-signal 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 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; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications. 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. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.

Microchip Technology Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

MCHP MarketRank™: 

Microchip Technology scored higher than 94% of companies evaluated by MarketBeat, and ranked 61st out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Microchip Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 13 buy ratings, 4 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Microchip Technology has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Microchip Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for Microchip Technology are expected to decrease by -6.80% in the coming year, from $1.03 to $0.96 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Microchip Technology is 109.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.68.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Microchip Technology is 109.05, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 46.76.

  • Price to Book Value per Share Ratio

    Microchip Technology has a P/B Ratio of 5.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Microchip Technology's valuation and earnings.
  • Percentage of Shares Shorted

    5.20% of the outstanding shares of Microchip Technology have been sold short.
  • Short Interest Ratio / Days to Cover

    Microchip Technology has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Microchip Technology has recently decreased by 4.21%, indicating that investor sentiment is improving.
  • Dividend Yield

    Microchip Technology pays a meaningful dividend of 2.83%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Microchip Technology has been increasing its dividend for 23 years.

  • Dividend Coverage

    The dividend payout ratio of Microchip Technology is 325.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Microchip Technology will have a dividend payout ratio of 189.58% in the coming year. This indicates that Microchip Technology may not be able to sustain their current dividend.

  • Read more about Microchip Technology's dividend.
  • Percentage of Shares Shorted

    5.20% of the outstanding shares of Microchip Technology have been sold short.
  • Short Interest Ratio / Days to Cover

    Microchip Technology has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Microchip Technology has recently decreased by 4.21%, indicating that investor sentiment is improving.
  • News Sentiment

    Microchip Technology has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 42 news articles for Microchip Technology this week, compared to 15 articles on an average week.
  • Search Interest

    69 people have searched for MCHP on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
  • MarketBeat Follows

    34 people have added Microchip Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 42% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Microchip Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of Microchip Technology is held by insiders.

  • Percentage Held by Institutions

    91.51% of the stock of Microchip Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Microchip Technology's insider trading history.
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MCHP Stock News Headlines

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Microchip launches ATMXT3072M1 and ATMXT2496M1 touchscreen controller families
See More Headlines

MCHP Stock Analysis - Frequently Asked Questions

Microchip Technology's stock was trading at $57.35 at the beginning of the year. Since then, MCHP stock has increased by 6.5% and is now trading at $61.07.
View the best growth stocks for 2025 here
.

Microchip Technology Incorporated (NASDAQ:MCHP) posted its quarterly earnings data on Thursday, February, 6th. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.28 by $0.15. Microchip Technology had a net margin of 6.49% and a trailing twelve-month return on equity of 12.62%.
Read the conference call transcript
.

Microchip Technology subsidiaries include LegUp Computing, Tekron, Microsemi, Atmel, Micrel, ISSC Technologies Corp, Supertex, and others.

Microchip Technology's top institutional investors include Vanguard Group Inc. (12.83%), T. Rowe Price Investment Management Inc. (3.07%), Aristotle Capital Management LLC (2.61%) and Geode Capital Management LLC (2.48%). Insiders that own company stock include Ganesh Moorthy, Stephen V Drehobl, Matthew W Chapman, James Eric Bjornholt, Mitchell R Little and Karlton D Johnson.
View institutional ownership trends
.

Shares of MCHP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Microchip Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Tesla (TSLA), Broadcom (AVGO) and Intel (INTC).

Company Calendar

Ex-Dividend for 12/6 Dividend
11/22/2024
Dividend Payable
12/06/2024
Last Earnings
2/06/2025
Today
2/22/2025
Ex-Dividend for 3/7 Dividend
2/24/2025
Dividend Payable
3/07/2025
Fiscal Year End
3/31/2025
Next Earnings (Estimated)
5/05/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:MCHP
CUSIP
59501710
Employees
22,300
Year Founded
1989

Price Target and Rating

Average Stock Price Target
$77.11
High Stock Price Target
$103.00
Low Stock Price Target
$58.00
Potential Upside/Downside
+26.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
19 Analysts

Profitability

Net Income
$1.91 billion
Pretax Margin
8.55%

Debt

Sales & Book Value

Annual Sales
$7.63 billion
Cash Flow
$6.05 per share
Book Value
$11.22 per share

Miscellaneous

Free Float
526,525,000
Market Cap
$32.84 billion
Optionable
Optionable
Beta
1.50

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This page (NASDAQ:MCHP) was last updated on 2/23/2025 by MarketBeat.com Staff
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