For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Microchip Technology, Inc (NASDAQ: MCHP) closed at $52.24 down -2.26% from its previous closing price of $53.45. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 9.1 million shares were traded.
Ratios:
For a deeper understanding of Microchip Technology, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.96. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Microchip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.12, and their Forward P/E ratio for the next fiscal year is 41.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.91 while its Price-to-Book (P/B) ratio in mrq is 4.66.
Stock Price History:
Over the past 52 weeks, MCHP has reached a high of $100.57, while it has fallen to a 52-week low of $50.21. The 50-Day Moving Average of the stock is -8.16%, while the 200-Day Moving Average is calculated to be -29.07%.
Shares Statistics:
A total of 537.76M shares are outstanding, with a floating share count of 526.33M. Insiders hold about 2.14% of the company’s shares, while institutions hold 96.16% stake in the company.
