Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Microchip Technology, Inc (NASDAQ: MCHP) closed the day trading at $52.17 down -0.36% from the previous closing price of $52.36. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 6.08 million shares were traded. MCHP stock price reached its highest trading level at $53.13 during the session, while it also had its lowest trading level at $51.58.
Ratios:
For a better understanding of MCHP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.92. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 28160217088 and an Enterprise Value of 34256015360. As of this moment, Microchip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 91.99, and their Forward P/E ratio for the next fiscal year is 41.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.90 while its Price-to-Book (P/B) ratio in mrq is 4.65. Its current Enterprise Value per Revenue stands at 7.201 whereas that against EBITDA is 24.088.
Stock Price History:
The Beta on a monthly basis for MCHP is 1.48, which has changed by -0.41293865 over the last 52 weeks, in comparison to a change of 0.10063088 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 $49.92. The 50-Day Moving Average of the stock is -6.75%, while the 200-Day Moving Average is calculated to be -26.79%.
Shares Statistics:
Over the past 3-months, MCHP traded about 9.92M shares per day on average, while over the past 10 days, MCHP traded about 10184610 shares per day. 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 96.17% stake in the company. Shares short for MCHP as of 1741910400 were 29664929 with a Short Ratio of 2.99, compared to 1739491200 on 26574195. Therefore, it implies a Short% of Shares Outstanding of 29664929 and a Short% of Float of 6.45.
Dividends & Splits
MCHP’s forward annual dividend rate is 1.82, up from 1.811 a year ago. Against a Trailing Annual Dividend Yield of 0.03458747The stock’s 5-year Average Dividend Yield is 1.62. 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.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 19.0 analysts currently analyzing and rating the stock of Microchip Technology, Inc (MCHP).The consensus estimate for the next quarter is $0.17, with high estimates of $0.25 and low estimates of $0.1.
Analysts are recommending an EPS of between $1.34 and $1.29 for the fiscal current year, implying an average EPS of $1.3. EPS for the following year is $1.32, with 22.0 analysts recommending between $2.49 and $0.59.
Revenue Estimates
19 analysts predict $962.86M in revenue for the current quarter. It ranges from a high estimate of $1B to a low estimate of $959.2M. As of the current estimate, Microchip Technology, Inc’s year-ago sales were $1.33BFor the next quarter, 19 analysts are estimating revenue of $1B. There is a high estimate of $1.08B for the next quarter, whereas the lowest estimate is $924.48M.
A total of 22 analysts have provided revenue estimates for MCHP’s current fiscal year. The highest revenue estimate was $4.43B, while the lowest revenue estimate was $4.39B, resulting in an average revenue estimate of $4.39B. In the same quarter a year ago, actual revenue was $7.63BBased on 23 analysts’ estimates, the company’s revenue will be $4.52B in the next fiscal year. The high estimate is $5.33B and the low estimate is $3.91B.
