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Microchip Technology Inc

MCHP
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99.090USD
-2.490-2.45%
Close 05/08, 16:00ETQuotes delayed by 15 min
53.62BMarket Cap
450.74P/E TTM

Microchip Technology Inc

99.090
-2.490-2.45%
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Intraday
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Today

-2.45%

5 Days

+5.47%

1 Month

+39.13%

6 Months

+76.07%

Year to Date

+55.51%

1 Year

+79.09%

Key Insights

Microchip Technology Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 11 out of 106 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 90.65.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Microchip Technology Inc's Score

Industry at a Glance

Industry Ranking
11 / 106
Overall Ranking
61 / 4494
Industry
Semiconductors & Semiconductor Equipment

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

Microchip Technology Inc Highlights

StrengthsRisks
Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. 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. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PB is 8.34, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 543.87M shares, decreasing 1.78% quarter-over-quarter.
Held by Mairs and Power
Star Investor Mairs and Power holds 8.97K shares of this stock.

Analyst Rating

Based on 26 analysts
Buy
Current Rating
109.833
Target Price
+8.12%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Microchip Technology Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Microchip Technology Inc Info

Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. 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. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
Ticker SymbolMCHP
CompanyMicrochip Technology Inc
CEOSanghi (Steve)
Websitehttps://www.microchip.com/
KeyAI