Microchip Technology Incorporated Company Profile (NASDAQ:MCHP)

About Microchip Technology Incorporated

Microchip Technology Incorporated logoMicrochip Technology Incorporated is engaged in developing, manufacturing and selling specialized semiconductor products used by its customers for a range of embedded control applications. The Company operates through two segments: semiconductor products and technology licensing. In the semiconductor products segment, the Company designs, develops, manufactures and markets microcontrollers, development tools and analog, interface, mixed signal and timing products. Its functional activities include sales, marketing, manufacturing, information technology, human resources, legal and finance. Its product portfolio comprises general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers, a spectrum of linear, mixed-signal, power management, thermal management, radio frequency (RF), timing, safety, security, wired connectivity and wireless connectivity devices, as well as serial electrically erasable programmable read-only memories (EEPROMs) and serial flash memories.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Specialized
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: MCHP
  • CUSIP: 59501710
Key Metrics:
  • Previous Close: $72.71
  • 50 Day Moving Average: $68.57
  • 200 Day Moving Average: $63.74
  • 52-Week Range: $43.08 - $76.50
  • Trailing P/E Ratio: 176.91
  • Foreward P/E Ratio: 16.19
  • P/E Growth: 0.84
  • Market Cap: $15.74B
  • Outstanding Shares: 216,432,000
  • Beta: 1.08
Profitability:
  • Net Margins: 3.10%
  • Return on Equity: 30.26%
  • Return on Assets: 10.89%
Debt:
  • Debt-to-Equity Ratio: 1.22%
  • Current Ratio: 2.57%
  • Quick Ratio: 1.93%
Additional Links:
Companies Related to Microchip Technology Incorporated:

Analyst Ratings

Consensus Ratings for Microchip Technology Incorporated (NASDAQ:MCHP) (?)
Ratings Breakdown: 4 Hold Ratings, 10 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $75.86 (4.33% upside)

Analysts' Ratings History for Microchip Technology Incorporated (NASDAQ:MCHP)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Rosenblatt SecuritiesReiterated RatingBuy$90.00View Rating Details
2/18/2017B. RileyReiterated RatingBuy$90.00View Rating Details
2/8/2017Citigroup Inc.Set Price TargetBuy$85.00View Rating Details
2/8/2017MacquarieReiterated RatingNeutral$67.00 -> $72.00View Rating Details
2/8/2017Needham & Company LLCUpgradeBuy -> Strong-Buy$75.00 -> $100.00View Rating Details
2/8/2017Jefferies Group LLCReiterated RatingBuy$72.00 -> $87.00View Rating Details
2/8/2017MizuhoReiterated RatingNeutral$67.00 -> $72.00View Rating Details
12/20/2016Susquehanna Bancshares IncInitiated CoveragePositive$75.00View Rating Details
11/30/2016Stifel NicolausBoost Price TargetBuy$68.00 -> $70.00View Rating Details
11/8/2016Pacific CrestReiterated RatingHoldView Rating Details
11/8/2016Bank of America CorpUpgradeNeutral -> Buy$75.00View Rating Details
11/4/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$49.00 -> $57.00View Rating Details
8/9/2016J P Morgan Chase & CoBoost Price TargetOverweight$60.00 -> $68.00View Rating Details
8/9/2016Credit Suisse GroupReiterated RatingBuy$67.00View Rating Details
5/5/2016Morgan StanleyReiterated RatingBuy$54.00View Rating Details
1/20/2016SunTrust Banks, Inc.Lower Price TargetNeutral$50.00 -> $47.00View Rating Details
8/24/2015Drexel HamiltonDowngradeBuy -> Hold$48.00 -> $40.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Microchip Technology Incorporated (NASDAQ:MCHP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/7/2017Q3 2017$0.90$1.05$849.14 million$881.20 millionViewListenView Earnings Details
11/7/2016Q2$0.87$0.94$860.96 million$873.80 millionViewN/AView Earnings Details
8/8/2016Q1$0.74$0.84$821.41 million$799.40 millionViewN/AView Earnings Details
5/4/2016Q4$0.68$0.70$564.86 million$568.44 millionViewN/AView Earnings Details
2/3/2016Q3$0.62$0.64$551.85 million$552.00 millionViewN/AView Earnings Details
11/4/2015Q2$0.63$0.66$552.78 million$559.40 millionViewN/AView Earnings Details
8/3/2015Q1$0.71$0.69$556.86 million$533.95 millionViewListenView Earnings Details
5/7/2015Q4$0.67$0.68$546.16 million$547.20 millionViewListenView Earnings Details
1/29/2015Q315$0.62$0.64$524.77 million$528.70 millionViewListenView Earnings Details
10/30/2014Q2$0.67$0.67$548.60 million$546.20 millionViewListenView Earnings Details
7/31/2014Q1$0.67$0.68$527.59 million$531.30 millionViewListenView Earnings Details
5/6/2014Q4$0.61$0.64$490.00 million$493.40 millionViewListenView Earnings Details
1/30/2014Q314$0.60$0.61$479.27 million$482.40 millionViewListenView Earnings Details
10/30/2013Q214$0.60$0.63$481.50 million$492.67 millionViewN/AView Earnings Details
7/31/2013Q1 2014$0.54$0.57$454.67 million$462.80 millionViewListenView Earnings Details
5/2/2013Q4 2013$0.47$0.49$426.96 million$430.10 millionViewListenView Earnings Details
2/7/2013Q3 2013$0.39$0.41$411.47 million$416.00 millionViewListenView Earnings Details
11/8/2012Q213$0.48$0.48$407.48 million$407.80 millionViewN/AView Earnings Details
8/2/2012$0.48$0.48ViewN/AView Earnings Details
2/2/2012$0.41$0.42ViewN/AView Earnings Details
11/3/2011$0.46$0.46ViewN/AView Earnings Details
8/4/2011$0.54$0.55ViewN/AView Earnings Details
5/5/2011$0.57$0.59ViewN/AView Earnings Details
1/27/2011$0.57$0.58ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Microchip Technology Incorporated (NASDAQ:MCHP)
Current Year EPS Consensus Estimate: $3.89 EPS
Next Year EPS Consensus Estimate: $4.49 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.58$0.63$0.61
Q2 20163$0.62$0.72$0.67
Q3 20163$0.67$0.71$0.69
Q4 20163$0.66$0.69$0.68
Q1 20172$0.67$0.69$0.68
Q2 20172$0.76$0.76$0.76
Q3 20173$0.73$0.83$0.79
Q4 20174$0.86$1.00$0.95
Q1 20184$0.90$1.06$1.00
Q2 20184$0.96$1.11$1.06
Q3 20184$0.91$1.05$1.00
Q4 20184$0.98$1.10$1.06
Q1 20193$1.03$1.17$1.12
Q2 20193$1.08$1.18$1.14
Q3 20192$1.12$1.13$1.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Microchip Technology Incorporated (NASDAQ:MCHP)
Annual Dividend:$1.44
Dividend Yield:1.98%
Dividend Growth:0.60% (3 Year Average)
Payout Ratio:378.95% (Based on Trailing 12 Months of Earnings)
37.02% (Based on Current Year Consensus EPS Estimate)
32.07% (Based on Next Year Consensus EPS Estimate)
Track Record:15 Years of Consecutive Dividend Growth

Dividend History for Microchip Technology Incorporated (NASDAQ:MCHP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/7/2017quarterly$0.361.96%2/16/20172/21/20173/7/2017
11/7/2016quarterly$0.362.25%11/17/201611/21/201612/5/2016
8/8/2016quarterly$0.362.38%8/18/20168/22/20169/6/2016
5/4/2016quarterly$0.363.01%5/19/20165/23/20166/6/2016
2/3/2016quarterly$0.363.36%2/18/20162/22/20163/7/2016
11/4/2015quarterly$0.362.99%11/18/201511/20/201512/4/2015
8/3/2015quarterly$0.363.35%9/9/20159/11/20159/25/2015
5/7/2015quarterly$0.362.92%5/19/20155/21/20156/4/2015
1/30/2015quarterly$0.363.17%2/19/20152/23/20153/9/2015
10/30/2014quarterly$0.363.31%11/19/201411/21/201412/5/2014
7/31/2014quarterly$0.363.09%8/19/20148/21/20149/4/2014
5/6/2014quarterly$0.363.03%5/19/20145/21/20146/3/2014
1/30/2014quarterly$0.363.26%2/19/20142/21/20143/7/2014
10/30/2013quarterly$0.353.3%11/19/201311/21/201312/5/2013
7/31/2013quarterly$0.353.4%8/19/20138/21/20139/4/2013
5/2/2013quarterly$0.353.77%5/17/20135/21/20136/4/2013
2/7/2013quarterly$0.353.88%2/19/20132/21/20133/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Microchip Technology Incorporated (NASDAQ:MCHP)
Insider Ownership Percentage: 2.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/22/2017James Eric BjornholtCFOSell2,557$72.48$185,331.36View SEC Filing  
2/22/2017Stephen V DrehoblVPSell4,268$72.55$309,643.40View SEC Filing  
2/14/2017L B DayDirectorSell6,000$70.90$425,400.00View SEC Filing  
2/13/2017Wade F MeyercordDirectorSell6,000$70.66$423,960.00View SEC Filing  
11/23/2016Steve SanghiCEOSell49,901$63.80$3,183,683.80View SEC Filing  
11/22/2016James Eric BjornholtCFOSell2,043$65.16$133,121.88View SEC Filing  
11/22/2016Stephen V DrehoblVPSell3,494$65.16$227,669.04View SEC Filing  
11/21/2016Richard J SimoncicVPSell2,892$64.90$187,690.80View SEC Filing  
11/17/2016Steve SanghiCEOSell28,693$65.41$1,876,809.13View SEC Filing  
11/9/2016Steve SanghiCEOSell26,308$64.20$1,688,973.60View SEC Filing  
8/22/2016James Eric BjornholtCFOSell2,461$60.95$149,997.95View SEC Filing  
8/22/2016Stephen V DrehoblVPSell4,454$60.95$271,471.30View SEC Filing  
8/19/2016Steve SanghiCEOSell24,901$61.55$1,532,656.55View SEC Filing  
8/18/2016Steve SanghiCEOSell28,771$61.02$1,755,606.42View SEC Filing  
8/12/2016Mitchell R LittleVPSell5,000$60.48$302,400.00View SEC Filing  
8/11/2016Steve SanghiCEOSell60,129$60.58$3,642,614.82View SEC Filing  
8/10/2016Richard J SimoncicVPSell20,000$60.47$1,209,400.00View SEC Filing  
6/1/2016Ganesh MoorthyCOOSell10,000$51.69$516,900.00View SEC Filing  
5/31/2016Steve SanghiCEOSell45,000$51.48$2,316,600.00View SEC Filing  
5/26/2016Steve SanghiCEOSell100,000$50.51$5,051,000.00View SEC Filing  
5/23/2016James Eric BjornholtCFOSell2,164$48.71$105,408.44View SEC Filing  
5/23/2016Stephen V DrehoblVPSell3,916$48.71$190,748.36View SEC Filing  
5/20/2016Matthew W ChapmanDirectorSell10,000$47.92$479,200.00View SEC Filing  
5/20/2016Steve SanghiCEOSell76,647$48.75$3,736,541.25View SEC Filing  
3/4/2016Wade F MeyercordDirectorSell6,000$46.38$278,280.00View SEC Filing  
2/22/2016James Eric BjornholtCFOSell1,956$48.84$95,531.04View SEC Filing  
2/22/2016Stephen V DrehoblVPSell3,559$42.95$152,859.05View SEC Filing  
11/23/2015James Eric BjornholtCFOSell2,064$47.09$97,193.76View SEC Filing  
11/23/2015Stephen V DrehoblVPSell3,953$47.16$186,423.48View SEC Filing  
9/8/2015Wade F MeyercordDirectorSell1,000$44.13$44,130.00View SEC Filing  
8/24/2015James Eric BjornholtCFOSell1,927$38.00$73,226.00View SEC Filing  
8/24/2015Stephen V DrehoblVPSell3,449$38.00$131,062.00View SEC Filing  
8/21/2015Richard J SimoncicVPSell2,638$41.37$109,134.06View SEC Filing  
5/22/2015James Eric BjornholtCFOSell1,926$48.18$92,794.68View SEC Filing  
5/22/2015Stephen V DrehoblVPSell3,448$48.18$166,124.64View SEC Filing  
5/21/2015Richard J SimoncicVPSell2,637$48.70$128,421.90View SEC Filing  
2/24/2015Steve SanghiCEOSell150,372$50.97$7,664,460.84View SEC Filing  
2/23/2015James Eric BjornholtCFOSell1,932$50.62$97,797.84View SEC Filing  
2/23/2015Stephen V DrehoblVPSell3,494$50.62$176,866.28View SEC Filing  
11/24/2014James Eric BjornholtCFOSell2,020$43.77$88,415.40View SEC Filing  
11/24/2014Stephen V DrehoblVPSell3,091$43.77$135,293.07View SEC Filing  
11/21/2014Richard J SimoncicVPSell2,694$43.91$118,293.54View SEC Filing  
8/22/2014James Eric BjornholtCFOSell2,053$47.60$97,722.80View SEC Filing  
8/22/2014Stephen V DrehoblVPSell4,067$47.60$193,589.20View SEC Filing  
8/21/2014Mitchell R LittleVPSell3,039$47.66$144,838.74View SEC Filing  
8/21/2014Steve SanghiCEOSell138,683$47.53$6,591,602.99View SEC Filing  
8/19/2014Steve SanghiCEOSell29,495$47.02$1,386,854.90View SEC Filing  
8/18/2014Richard J SimoncicVPSell10,225$47.00$480,575.00View SEC Filing  
8/12/2014Wade F MeyercordDirectorSell1,238$46.20$57,195.60View SEC Filing  
5/28/2014Steve SanghiCEOSell120,249$47.26$5,682,967.74View SEC Filing  
5/22/2014James Eric BjornholtCFOSell2,053$46.48$95,423.44View SEC Filing  
5/22/2014Stephen DrehoblVPSell4,006$46.48$186,198.88View SEC Filing  
5/21/2014Mitchell LittleVPSell3,039$46.24$140,523.36View SEC Filing  
2/21/2014James Eric BjornholtCFOSell1,994$45.25$90,228.50View SEC Filing  
2/21/2014Stephen DrehoblVPSell3,578$45.25$161,904.50View SEC Filing  
2/21/2014Steve SanghiCEOSell28,212$45.28$1,277,439.36View SEC Filing  
2/14/2014Steve SanghiCEOSell203,541$45.67$9,295,717.47View SEC Filing  
11/22/2013Matthew ChapmanDirectorSell7,000$43.63$305,410.00View SEC Filing  
11/21/2013James Eric BjornholtCFOSell2,559$42.94$109,883.46View SEC Filing  
11/21/2013Stephen DrehoblVPSell3,339$42.94$143,376.66View SEC Filing  
11/18/2013Mitchell LittleVPSell1,249$43.01$53,719.49View SEC Filing  
11/18/2013Steve SanghiCEOSell70,725$43.41$3,070,172.25View SEC Filing  
11/14/2013Steve SanghiCEOSell17,063$43.46$741,557.98View SEC Filing  
11/12/2013Steve SanghiCEOSell168,407$43.34$7,298,759.38View SEC Filing  
11/7/2013Steve SanghiCEOSell4,500$43.06$193,770.00View SEC Filing  
11/6/2013Ganesh MoorthyCOOSell2,859$43.00$122,937.00View SEC Filing  
11/1/2013Ganesh MoorthyCOOSell17,141$43.14$739,462.74View SEC Filing  
11/1/2013L B DayDirectorSell2,594$43.18$112,008.92View SEC Filing  
8/21/2013James Eric BjornholtCFOSell2,395$38.80$92,926.00View SEC Filing  
8/21/2013Stephen DrehoblVPSell4,337$38.80$168,275.60View SEC Filing  
8/14/2013Wade MeyercordDirectorSell2,594$40.58$105,264.52View SEC Filing  
8/5/2013Matthew W ChapmanDirectorSell15,000$41.59$623,850.00View SEC Filing  
8/5/2013Steve SanghiCEOSell145,230$41.41$6,013,974.30View SEC Filing  
8/2/2013Ganesh MoorthyCOOSell70,000$41.21$2,884,700.00View SEC Filing  
8/2/2013James Eric BjornholtCFOSell1,449$41.21$59,713.29View SEC Filing  
8/2/2013Martinez Albert J HugoDirectorSell2,944$41.27$121,498.88View SEC Filing  
8/2/2013Richard J SimoncicVPSell63,828$41.29$2,635,458.12View SEC Filing  
6/4/2013Steve SanghiCEOSell23,400$38.14$892,476.00View SEC Filing  
5/22/2013L B DayDirectorSell10,000$36.57$365,700.00View SEC Filing  
5/21/2013James Eric BjornholtCFOSell2,395$36.64$87,752.80View SEC Filing  
5/21/2013Stephen V DrehoblVPSell4,572$36.64$167,518.08View SEC Filing  
5/6/2013Mitchell R LittleVPSell2,117$37.36$79,091.12View SEC Filing  
2/15/2013Martinez Albert J HugoDirectorSell3,000$37.01$111,030.00View SEC Filing  
2/14/2013Ganesh MoorthyCOOSell7,060$37.00$261,220.00View SEC Filing  
2/14/2013Wade F MeyercordDirectorSell5,000$37.53$187,650.00View SEC Filing  
8/9/2012Mitchell R LittleVPSell2,396$34.96$83,764.16View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Microchip Technology Incorporated (NASDAQ:MCHP)
DateHeadline
News IconSell-side Consensus Sees Microchip Technology Incorporated (NASDAQ:MCHP) Going Where Near-Term? (NASDAQ:MCHP)
eleganthomesinla.com - February 24 at 9:34 AM
News IconToday Analysts Focus on Spectra Energy Corp (SE), Microchip Technology Incorporated (MCHP) (NASDAQ:MCHP)
techknowbits.com - February 24 at 9:34 AM
finance.yahoo.com logoFollow Driehaus & Pick these 5 Best-Rated Momentum Stocks (NASDAQ:MCHP)
finance.yahoo.com - February 24 at 9:34 AM
marketexclusive.com logoInsider Trading Activity Microchip Technology Incorporated (NASDAQ:MCHP) – VP Sold 4268 shares of Stock - Market Exclusive (NASDAQ:MCHP)
marketexclusive.com - February 23 at 11:31 PM
News IconJanus Capital Management LLC Has $414682000 Position in Microchip Technology Incorporated (MCHP) (NASDAQ:MCHP)
hoyentv.com - February 23 at 6:30 PM
News IconStock Price of Microchip Technology Incorporated (MCHP) Increases 1.1% (NASDAQ:MCHP)
prensariotiretail.com - February 23 at 6:30 PM
News IconMicrochip Technology Incorporated (MCHP) Position Increased by Capstone Investment Advisors LLC (NASDAQ:MCHP)
www.graffiotech.com - February 23 at 6:30 PM
4-traders.com logoInsider Trading Activity Microchip Technology Incorporated (NASDAQ:MCHP) – VP Sold 4,268 shares of Stock (NASDAQ:MCHP)
www.4-traders.com - February 23 at 6:30 PM
marketexclusive.com logoInsider Trading Activity Microchip Technology Incorporated (NASDAQ:MCHP) – CFO Sold 2,557 shares of Stock (NASDAQ:MCHP)
marketexclusive.com - February 23 at 6:30 PM
News IconStock Movers – Microchip Technology Inc. (NASDAQ:MCHP), FedEx Corporation (NYSE:FDX) - Wall Street Times (press release) (NASDAQ:MCHP)
www.wallstreetnews24.com - February 23 at 7:01 AM
News IconJust the Facts on Microchip Technology Incorporated (MCHP) - StockNewsJournal (NASDAQ:MCHP)
stocknewsjournal.com - February 23 at 7:01 AM
News IconForward Earnings Estimate of Microchip Technology Incorporated ... - Highland Mirror (NASDAQ:MCHP)
www.highlandmirror.com - February 23 at 7:01 AM
investors.com logoBuy AMD, Broadcom, Nvidia; Sell Intel, Chip Analyst Says (NASDAQ:MCHP)
www.investors.com - February 22 at 6:35 PM
finance.yahoo.com logoLatest PIC(R) MCU Family Brings Ease of Design with More Core Independent Peripherals (NASDAQ:MCHP)
finance.yahoo.com - February 22 at 8:11 AM
finance.yahoo.com logoLatest PIC® MCU Family Brings Ease of Design with More Core Independent Peripherals (NASDAQ:MCHP)
finance.yahoo.com - February 21 at 6:30 PM
News IconImpact of Brokerage Rating on Microchip Technology Incorporated(MCHP) - Highland Mirror (NASDAQ:MCHP)
www.highlandmirror.com - February 17 at 2:14 PM
News IconWhy to Keeping Eye on Viacom, Inc. (VIAB), Microchip Technology ... - StockNewsJournal (NASDAQ:MCHP)
stocknewsjournal.com - February 17 at 2:14 PM
nasdaq.com logoMicrochip Technology Incorporated (MCHP) Ex-Dividend Date Scheduled for February 16, 2017 - Nasdaq (NASDAQ:MCHP)
www.nasdaq.com - February 17 at 2:14 PM
finance.yahoo.com logoCan Microchip Technology (MCHP) Run Higher on Strong Earnings Estimate Revisions? (NASDAQ:MCHP)
finance.yahoo.com - February 17 at 2:14 PM
finance.yahoo.com logoStifel Makes Big February Changes to Its Select List of Stocks to Buy (NASDAQ:MCHP)
finance.yahoo.com - February 17 at 2:14 PM
us.rd.yahoo.com logoSST Announces Qualification of Embedded SuperFlash® on 110 nm CMOS Process (NASDAQ:MCHP)
us.rd.yahoo.com - February 16 at 6:01 PM
finance.yahoo.com logoIs Microchip Technology (MCHP) Stock a Solid Choice Right Now? (NASDAQ:MCHP)
finance.yahoo.com - February 16 at 6:01 PM
4-traders.com logoMicrochip Technology : to Host Conference Call to Discuss Its Recent Debt Transactions (NASDAQ:MCHP)
www.4-traders.com - February 15 at 1:01 AM
News IconHow Does Microchip Technology Incorporated (MCHP) Stack Up Right Now? - StockNewsJournal (NASDAQ:MCHP)
stocknewsjournal.com - February 14 at 7:59 PM
finance.yahoo.com logoMonolithic (MPWR) Stock Falls Despite Q4 Earnings Beat (NASDAQ:MCHP)
finance.yahoo.com - February 14 at 7:59 PM
News IconMicrochip Technology Incorporated (MCHP) Upgraded at Needham & Company LLC (NASDAQ:MCHP)
giftedviz.com - February 14 at 5:36 AM
News IconStock Volume Ramping Up Mid-Session: Microchip Technology Incorporated (NASDAQ:MCHP) (NASDAQ:MCHP)
ibusinesslines.com - February 13 at 7:33 PM
News IconHot Performer of the day: Microchip Technology Inc. (NASDAQ:MCHP) (NASDAQ:MCHP)
techknowbits.com - February 13 at 7:33 PM
News IconThe Microchip Technology Incorporated (MCHP) Stake Held by Wesbanco Bank Inc (NASDAQ:MCHP)
cote-ivoire.com - February 13 at 7:33 PM
News IconStock Price of Microchip Technology Incorporated (MCHP) Increases 2.12% (NASDAQ:MCHP)
prensariotiretail.com - February 13 at 7:33 PM
News IconCLSA Weighs in on Microchip Technology Incorporated's Q1 2018 Earnings (MCHP) (NASDAQ:MCHP)
hoyentv.com - February 13 at 7:33 PM
4-traders.com logoMicrochip Technology : MCHP to Host Conf Call to Discuss Recent Debt Transactions (NASDAQ:MCHP)
www.4-traders.com - February 13 at 7:33 PM
finance.yahoo.com logoMicrochip Technology to Host Conference Call to Discuss Its Recent Debt Transactions (NASDAQ:MCHP)
finance.yahoo.com - February 13 at 7:33 PM
finance.yahoo.com logoIndustry’s First ‘zigbee PRO with Green Power Certified Platform’ Unveiled by Microchip (NASDAQ:MCHP)
finance.yahoo.com - February 13 at 10:25 AM
globenewswire.com logoMicrochip Technology Incorporated Announces Pricing of $1.8 Billion of 1.625% Convertible Senior Subordinated ... - GlobeNewswire (press release) (NASDAQ:MCHP)
globenewswire.com - February 12 at 4:36 AM
News IconMicrochip Technology Incorporated (MCHP) Expected to Earn Q1 2019 Earnings of $1.16 Per Share (NASDAQ:MCHP)
www.topix.com - February 11 at 6:33 PM
us.rd.yahoo.com logoMICROCHIP TECHNOLOGY INC Financials (NASDAQ:MCHP)
us.rd.yahoo.com - February 11 at 6:33 PM
News IconLeading stocks in today’s market: Microchip Technology Incorporated (NASDAQ:MCHP) (NASDAQ:MCHP)
twincountynews.com - February 11 at 5:20 AM
News IconMicrochip Technology (MCHP) Shares Cross 2% Yield Mark (NASDAQ:MCHP)
ibusinesslines.com - February 11 at 12:19 AM
News IconTaking a Look at the Data Behind Microchip Technology Incorporated (MCHP) (NASDAQ:MCHP)
cote-ivoire.com - February 11 at 12:19 AM
News IconMizuho Reiterates Neutral Rating for Microchip Technology Incorporated (MCHP) (NASDAQ:MCHP)
fairydetox.org - February 11 at 12:19 AM
News IconIn focus: Microchip Technology Incorporated (MCHP) Trading Patterns (NASDAQ:MCHP)
nyhetsbanken.info - February 11 at 12:19 AM
us.rd.yahoo.com logoWhy Did Microchip Stock Rise on February 8? (NASDAQ:MCHP)
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News IconSell-Side Analyst's Predictions: Ford Motor Company (F), Microchip Technology Incorporated (MCHP) - The USA Commerce (NASDAQ:MCHP)
www.theusacommerce.com - February 10 at 7:17 PM
finance.yahoo.com logoMicrochip Technology Incorporated Announces Pricing of $1.8 Billion of 1.625% Convertible Senior Subordinated Notes and $500 Million of 2.250% Convertible Junior Subordinated Notes (NASDAQ:MCHP)
finance.yahoo.com - February 10 at 7:17 PM
finance.yahoo.com logo8:58 am Microchip announces the pricing of $1.8 billion 1.625% aggregate principal amount of convertible senior subordinated notes due 2027 and $500 million 2.250% aggregate principal amount of convertible junior subordinated notes due 2037 (NASDAQ:MCHP)
finance.yahoo.com - February 10 at 7:17 PM
seekingalpha.com logoMicrochip Technology prices convertible note offering, increases to $2.3B aggregate principal amount (NASDAQ:MCHP)
seekingalpha.com - February 10 at 12:54 PM
News IconAnalytical Guide for Microchip Technology Incorporated (MCHP), State Street Corporation (STT) Stakeholders (NASDAQ:MCHP)
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News IconTop Dividend Stock Pick: Microchip Technology Incorporated (MCHP) (NASDAQ:MCHP)
ibusinesslines.com - February 10 at 12:29 AM
finance.yahoo.com logoMicrochip's Online Store Now Includes All Former Atmel Products (NASDAQ:MCHP)
finance.yahoo.com - February 10 at 12:29 AM

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What is Microchip Technology Incorporated's stock symbol?

Microchip Technology Incorporated trades on the NASDAQ under the ticker symbol "MCHP."

How often does Microchip Technology Incorporated pay dividends? What is the dividend yield for Microchip Technology Incorporated?

Microchip Technology Incorporated announced a quarterly dividend on Tuesday, February 7th. Investors of record on Tuesday, February 21st will be paid a dividend of $0.361 per share on Tuesday, March 7th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, February 16th. This is a boost from Microchip Technology Incorporated's previous quarterly dividend of $0.36.

Where is Microchip Technology Incorporated's stock going? Where will Microchip Technology Incorporated's stock price be in 2017?

15 analysts have issued 12 month target prices for Microchip Technology Incorporated's shares. Their forecasts range from $54.00 to $100.00. On average, they anticipate Microchip Technology Incorporated's stock price to reach $75.86 in the next twelve months.

When will Microchip Technology Incorporated announce their earnings?

Microchip Technology Incorporated is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Microchip Technology Incorporated stock?

Here are some recent quotes from research analysts about Microchip Technology Incorporated stock:

  • According to Zacks Investment Research, "Microchip is one of the better-positioned companies in the semiconductor industry based on its product strength. The company's expanding product portfolio enables it to continuously outperform the broader industry. We believe that the company's impressive third-quarter fiscal 2017 results and positive outlook will help it sustain momentum going ahead. Moreover, acquisitions like that of Atmel are likely to expand its geographical presence, augment customer base, extend product portfolio and supplement operational excellence. We note that the company has outperformed the broader industry in the past one-year. However, high integration costs continue to be a drag on profitability. The semiconductor industry is also intensely competitive and is characterized by price erosion and rapid technological change." (2/10/2017)

  • Needham & Company LLC analysts commented, "We are upgrading MCHP to a Strong Buy and establishing a $100 PT. When we upgraded MCHP to Buy on 1/14/16 (stock is up 81% vs SOX of 48% over same period), we were constructive on mgmt's ability to integrate Atmel and generate synergies. Throughout the year, MCHP has significantly increased its accretion targets to $0.90 vs $0.70 in FY18 and $1.00 vs $0.90 in FY19. Moreover, MCHP has raised its LT model to 60% GM, 24% OPEX and 36% OM. As such, we are modeling $5 of Non-GAAP EPS and FCF margin of ~30%. We believe MCHP deserves at least P/E 20x = $100 PT. From a strategic perspective, MCHP has gained market share in 8-Bit and 32-Bit MCUs, the attach rates of analog to MCUs has grown substantially and MCHP is well-positioned in IoT, Automotive, and Industrial. Analog specifically is on track to generate $1B in sales." (2/8/2017)
  • Morgan Stanley analysts commented, "We are also encouraged by leaner channel inventory coupled with renewed order momentum." (5/5/2016)

Who owns Microchip Technology Incorporated stock?

Microchip Technology Incorporated's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Janus Capital Management LLC (2.99%), Barrow Hanley Mewhinney & Strauss LLC (1.81%), Edge Asset Management Inc. (1.36%), Coho Partners Ltd. (0.84%), Alkeon Capital Management LLC (0.62%) and Guggenheim Capital LLC (0.48%). Company insiders that own Microchip Technology Incorporated stock include Ganesh Moorthy, James Eric Bjornholt, L B Day, Matthew W Chapman, Mitchell R Little, Richard J Simoncic, Stephen V Drehobl, Steve Sanghi and Wade F Meyercord.

Who sold Microchip Technology Incorporated stock? Who is selling Microchip Technology Incorporated stock?

Microchip Technology Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Edge Asset Management Inc., Barrow Hanley Mewhinney & Strauss LLC, Brown Advisory Inc., I.G. Investment Management LTD., Nicholas Co. Inc. WI, Van ECK Associates Corp, Employees Retirement System of Texas and TCW Group Inc.. Company insiders that have sold Microchip Technology Incorporated stock in the last year include Ganesh Moorthy, James Eric Bjornholt, L B Day, Matthew W Chapman, Mitchell R Little, Richard J Simoncic, Stephen V Drehobl, Steve Sanghi and Wade F Meyercord.

Who bought Microchip Technology Incorporated stock? Who is buying Microchip Technology Incorporated stock?

Microchip Technology Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Asset Management One Co. Ltd., Guggenheim Capital LLC, Castleark Management LLC, RidgeWorth Capital Management LLC, Massmutual Trust Co. FSB ADV, Two Sigma Investments LP and Cavalry Management Group LLC.

How do I buy Microchip Technology Incorporated stock?

Shares of Microchip Technology Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Microchip Technology Incorporated stock cost?

One share of Microchip Technology Incorporated stock can currently be purchased for approximately $72.71.

Microchip Technology Incorporated (NASDAQ:MCHP) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Microchip Technology Incorporated (NASDAQ:MCHP)

Earnings History Chart

Earnings by Quarter for Microchip Technology Incorporated (NASDAQ:MCHP)

Dividend History Chart

Dividend Payments by Quarter for Microchip Technology Incorporated (NASDAQ:MCHP)

Last Updated on 2/24/2017 by MarketBeat.com Staff