Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Microchip Technology, Inc (NASDAQ: MCHP) was $46.08 for the day, up 0.35% from the previous closing price of $45.92. In other words, the price has increased by $0.35 from its previous closing price. On the day, 10.84 million shares were traded. MCHP stock price reached its highest trading level at $46.24 during the session, while it also had its lowest trading level at $44.17.
Ratios:
Our analysis of MCHP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.54. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.12.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on March 04, 2025, Reiterated its Hold rating but revised its target price to $60 from $50 previously.
On January 24, 2025, B. Riley Securities reiterated its Buy rating and also upped its target price recommendation from $93 to $85.
BofA Securities Downgraded its Neutral to Underperform on December 16, 2024, whereas the target price for the stock was revised from $80 to $65.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 25 ’25 when Bjornholt James Eric sold 3,724 shares for $60.88 per share. The transaction valued at 226,717 led to the insider holds 33,272 shares of the business.
Bjornholt James Eric bought 3,724 shares of MCHP for $226,482 on Feb 25 ’25. On Nov 25 ’24, another insider, Bjornholt James Eric, who serves as the SENIOR VP AND CFO of the company, sold 4,688 shares for $67.75 each. As a result, the insider received 317,612 and left with 33,272 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCHP now has a Market Capitalization of 24782700544 and an Enterprise Value of 30980698112. As of this moment, Microchip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.26, and their Forward P/E ratio for the next fiscal year is 38.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.21 while its Price-to-Book (P/B) ratio in mrq is 4.11. Its current Enterprise Value per Revenue stands at 6.513 whereas that against EBITDA is 21.785.
Stock Price History:
The Beta on a monthly basis for MCHP is 1.41, which has changed by -0.48490947 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, MCHP has reached a high of $100.57, while it has fallen to a 52-week low of $34.12. The 50-Day Moving Average of the stock is -7.64%, while the 200-Day Moving Average is calculated to be -29.48%.
Shares Statistics:
MCHP traded an average of 12.45M shares per day over the past three months and 11500010 shares per day over the past ten days. A total of 537.76M shares are outstanding, with a floating share count of 526.38M. Insiders hold about 2.13% of the company’s shares, while institutions hold 93.68% stake in the company. Shares short for MCHP as of 1744675200 were 33538538 with a Short Ratio of 2.69, compared to 1741910400 on 29664929. Therefore, it implies a Short% of Shares Outstanding of 33538538 and a Short% of Float of 7.290000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.811, MCHP has a forward annual dividend rate of 1.82. Against a Trailing Annual Dividend Yield of 0.039438155The stock’s 5-year Average Dividend Yield is 1.65. The current Payout Ratio is 48.34% for MCHP, which recently paid a dividend on 2025-02-24 with an ex-dividend date of 1740355200. Stock splits for the company last occurred on 2021-10-13 when the company split stock in a 2:1 ratio.
