Microchip Technology Inc. (MCHP)
| Market Cap | 41.66B |
| Revenue (ttm) | 5.70B |
| Net Income (ttm) | 478.60M |
| Shares Out | 547.60M |
| EPS (ttm) | 0.86 |
| PE Ratio | 88.28 |
| Forward PE | 17.09 |
| Dividend | $0.77 (1.01%) |
| Ex-Dividend Date | Aug 19, 2021 |
| Volume | 1,843,336 |
| Open | 74.33 |
| Previous Close | 74.88 |
| Day's Range | 74.33 - 76.12 |
| 52-Week Range | 25.30 - 83.07 |
| Beta | 1.64 |
| Analysts | Buy |
| Price Target | 89.52 (+17.8%) |
| Est. Earnings Date | Nov 4, 2021 |
About MCHP
Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; 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 development tools tha...
Financial Performance
In 2020, MCHP's revenue was $5.44 billion, an increase of 3.11% compared to the previous year's $5.27 billion. Earnings were $349.40 million, a decrease of -38.77%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for MCHP stock is "Buy." The 12-month stock price forecast is 89.52, which is an increase of 17.77% from the latest price.
News
New ISO 26262 Functional Safety Packages Simplify Design of ASIL B and ASIL C Safety Applications Using dsPIC®, PIC18...
Certified functional safety solution from Microchip accelerates the development and certification of automotive safety applications Certified functional safety solution from Microchip accelerates the de...
Microchip Tech (MCHP) Upgraded to Buy: Here's What You Should Know
Microchip Tech (MCHP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Can Microchip Tech (MCHP) Keep the Earnings Surprise Streak Alive?
Microchip Tech (MCHP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Analysts See Ample Upside In Microchip Technology
Stifel analyst Tore Svanberg initiated coverage of Microchip Technology Inc (NASDAQ:MCHP) with a Hold rating and a $76 Price Target, implying an 6% upside. With the shares up 156% from the pandemic low...
Microchip and Acacia Collaborate to Enable Market Transition to 400G Pluggable Coherent Optics for Data Center Routin...
Solutions enable encrypted 100/400 GbE, FlexE and Flexible OTN interfaces for 400ZR, Open ZR+ and Open ROADM applications
5 Stocks That Promise Solid Dividend Growth
Stocks like Lithia Motors (LAD), Jones Lang LaSalle (JLL), Deere & Company (DE), Watts Water WTS), and Microchip Technology (MCHP) offer solid dividend growth.
DARPA Researchers Can Now Accelerate Technology Innovation Using Microchip's Low-Power FPGA Product Families
Company joins the defense agency's innovation initiative that gives its researchers greater, more simplified access to commercial technologies and tools Company joins the defense agency's innovation ini...
Reduce Switching Losses up to 50% While Accelerating Time to Market with the First Fully Configurable Digital Gate Dr...
New technology enables electric buses and other e-transportation power systems to meet and exceed stringent environmental conditions while maximizing efficiency New technology enables electric buses and...
BofA Bumps Price Targets For Nvidia, Microchip, KLA
BofA analyst Vivek Arya has raised the price target on NVIDIA Corp (NASDAQ: NVDA) to $275 from $260, implying a 23.6% upside, and reiterated a Buy. Arya raised the PT on Microchip Technology Inc (NASDA...
Microchip Technology to Present at the Citi 2021 Global Technology Virtual Conference
CHANDLER, Ariz., Sept. 13, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that ...
Microchip Technology to Present at the Piper Sandler Global Technology Conference
CHANDLER, Ariz., Sept. 13, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that ...
Beat the September Slump With These Dividend Growth Stocks
Dividend growth stocks like Jones Lang (JLL), Watts Water Technologies (WTS), Robert Half (RHI), Microchip Technology (MCHP) and Cimarex Energy (XEC) seem like solid choices for September.
Microchip Unveils Industry's Most Compact 1.6T Ethernet PHY with Up to 800 GbE Connectivity for Cloud Data Centers, 5...
META-DX2L enables routers, switches and line cards to double their bandwidth by transitioning to 112G PAM4 interface rates META-DX2L enables routers, switches and line cards to double their bandwidth by...
Microchip Tech (MCHP) Up 5.5% Since Last Earnings Report: Can It Continue?
Microchip Tech (MCHP) reported earnings 30 days ago. What's next for the stock?
5 Stocks to Play Strength in the Semiconductor Industry
The Analog/Mixed Signal Semiconductor industry is one of the most attractive segments of the market where secular growth drivers are huge and deep. MXL, MTSI, MCHP, NXPI and ON are looking good now.
Up 8% This Week, Microchip Technology Stock Has Room For Further Growth
Microchip Technology stock has seen an impressive rise of 8% over the past week and currently trades at around $156 per share. The stock rally was driven by the jump in the broader indices, supported by...
Microchip Technology to Host Analyst and Investor Day on November 8
CHANDLER, Ariz., Aug. 26, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that t...
Surging Earnings Estimates Signal Upside for Microchip Tech (MCHP) Stock
Microchip Tech (MCHP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Microchip Technology Announces 2-for-1 Stock Split
CHANDLER, Ariz., Aug. 25, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today a 2-fo...
Microchip Technology (MCHP) Recently Broke Out Above the 200-Day Moving Average
Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?
Microchip Technology (MCHP) Crossed Above the 50-Day Moving Average: What That Means for Investors
Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?
Microchip Technology (MCHP) Recently Broke Out Above the 20-Day Moving Average
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
CORRECTION - Microchip Technology to Present at the BMO 2021 Technology Summit
CHANDLER, Ariz., Aug. 23, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Monday, August 23rd by Microchip Technology Incorporated (NASDAQ: MCHP), please note that in the first p...
Microchip Technology to Present at the BMO 2021 Technology Summit
CHANDLER, Ariz., Aug. 23, 2021 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that t...
Tech Gains Despite Fed's Bond-Buy Tapering Signal: 5 Picks
We have narrowed down our search to five semiconductor bigwigs with strong growth potential for 2021. These are: AMD, ADI, MCHP, TXN and QCOM.