Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Microchip Technology, Inc (NASDAQ: MCHP) closed at $36.22 down -11.03% from its previous closing price of $40.71. In other words, the price has decreased by -$11.03 from its previous closing price. On the day, 26.4 million shares were traded. MCHP stock price reached its highest trading level at $40.18 during the session, while it also had its lowest trading level at $36.1.
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 33.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.08. 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:
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 19479805952 and an Enterprise Value of 25677803520. As of this moment, Microchip’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.87, and their Forward P/E ratio for the next fiscal year is 29.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.10 while its Price-to-Book (P/B) ratio in mrq is 3.23. Its current Enterprise Value per Revenue stands at 5.398 whereas that against EBITDA is 18.056.
Stock Price History:
The Beta on a monthly basis for MCHP is 1.44, which has changed by -0.5937184 over the last 52 weeks, in comparison to a change of -0.024663687 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 $39.57. The 50-Day Moving Average of the stock is -33.30%, while the 200-Day Moving Average is calculated to be -47.97%.
Shares Statistics:
For the past three months, MCHP has traded an average of 10.44M shares per day and 13147740 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 96.18% stake in the company. Shares short for MCHP as of 1741910400 were 29664929 with a Short Ratio of 2.84, 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
According to the company, the forward annual dividend rate for MCHP is 1.82, from 1.811 in the trailing year. Against a Trailing Annual Dividend Yield of 0.044485386The 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.
