NASDAQ:MCHP - Microchip Technology Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $76.15 +1.07 (+1.43 %) (As of 01/18/2019 04:18 AM ET)Previous Close$75.08Today's Range$73.27 - $76.5552-Week Range$60.70 - $104.20Volume2.18 million shsAverage Volume3.38 million shsMarket Capitalization$17.74 billionP/E Ratio14.67Dividend Yield1.90%Beta1.16 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications. The company offers general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit microprocessors; and microcontrollers for automotive networking, computing, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity. It also provides development tools that enable system designers to program microcontroller products for specific applications; analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products; and memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, and serial static random access memories for the production of very small footprint devices. In addition, the company licenses its SuperFlash embedded flash and Smartbits one time programmable NVM technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, and analog products that require embedded non-volatile memory, as well as provides engineering services. Further, it provides wafer foundry and assembly and test subcontracting manufacturing services; and application specific integrated circuits, complex programmable logic devices, and aerospace products. It serves automotive, communications, computing, consumer, aerospace, defense, safety, security, medical, and industrial control markets. The company sells its products through a network of direct sales personnel and distributors in the Americas, Europe, and Asia. Microchip Technology Incorporated was founded in 1989 and is headquartered in Chandler, Arizona. 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Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorComputer and Technology Current SymbolNASDAQ:MCHP Previous Symbol CUSIP59501710 Webwww.microchip.com Phone480-792-7200Debt Debt-to-Equity Ratio1.85 Current Ratio1.04 Quick Ratio0.64Price-To-Earnings Trailing P/E Ratio14.67 Forward P/E Ratio12.73 P/E Growth0.93 Sales & Book Value Annual Sales$3.98 billion Price / Sales4.52 Cash Flow$8.7529 per share Price / Cash Flow8.70 Book Value$14.00 per share Price / Book5.44Profitability EPS (Most Recent Fiscal Year)$5.19 Net Income$255.40 million Net Margins0.59% Return on Equity35.00% Return on Assets10.80%Miscellaneous Employees14,234 Outstanding Shares236,510,000Market Cap$17.74 billion OptionableOptionable Microchip Technology (NASDAQ:MCHP) Frequently Asked Questions What is Microchip Technology's stock symbol? Microchip Technology trades on the NASDAQ under the ticker symbol "MCHP." How often does Microchip Technology pay dividends? What is the dividend yield for Microchip Technology? Microchip Technology declared a quarterly dividend on Wednesday, November 7th. Investors of record on Wednesday, November 21st will be paid a dividend of $0.3645 per share on Wednesday, December 5th. This represents a $1.46 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, November 20th. This is a positive change from Microchip Technology's previous quarterly dividend of $0.36. View Microchip Technology's Dividend History. How were Microchip Technology's earnings last quarter? Microchip Technology Inc. (NASDAQ:MCHP) posted its earnings results on Wednesday, November, 7th. The semiconductor company reported $1.68 EPS for the quarter, topping the Zacks' consensus estimate of $1.65 by $0.03. The semiconductor company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. Microchip Technology had a return on equity of 35.00% and a net margin of 0.59%. The business's revenue was up 49.5% on a year-over-year basis. During the same quarter last year, the business posted $1.41 EPS. View Microchip Technology's Earnings History. When is Microchip Technology's next earnings date? Microchip Technology is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Microchip Technology. How can I listen to Microchip Technology's earnings call? Microchip Technology will be holding an earnings conference call on Tuesday, February 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. What guidance has Microchip Technology issued on next quarter's earnings? Microchip Technology updated its third quarter earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of $1.49-1.64 for the period, compared to the Thomson Reuters consensus estimate of $1.65. The company issued revenue guidance of $1.362-1.438 billion, compared to the consensus revenue estimate of $1.47 billion.Microchip Technology also updated its Q3 2019 guidance to $1.49-1.64 EPS. What price target have analysts set for MCHP? 18 brokers have issued 12 month price objectives for Microchip Technology's stock. Their predictions range from $75.00 to $130.00. On average, they anticipate Microchip Technology's stock price to reach $105.5556 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Price Targets for Microchip Technology. What is the consensus analysts' recommendation for Microchip Technology? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Microchip Technology in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Microchip Technology. What are Wall Street analysts saying about Microchip Technology stock? Here are some recent quotes from research analysts about Microchip Technology stock: 1. According to Zacks Investment Research, "Microchip develops and manufacturers microcontrollers, memory and analog and interface products for embedded control systems. The company is benefiting from robust demand for 8-bit, 16-bit and 32-bit microcontrollers. We believe that Microchip's expanding product portfolio driven by new launches will continue to expand customer base. Microchip also rides on strong demand for microcontroller and analog products, robust product pipeline and excellent semiconductor industry prospects. However, Increasing lead time and significant exposure to Asian markets is anticipated to limit gross margin expansion. Unfavorable movement in exchange rates continue to adversely impact the top line of the company and undermine its growth potential to some extent. Microchip has a highly leveraged balance sheet which adds to its woes. Notably, Microchip stock has reported a wider loss in its value compared with the industry's decline in the past one year." (12/10/2018) 2. Needham & Company LLC analysts commented, "MCHP reported strong 2Q19 results driven by growth across all segments. MCHP is doing a good job of integrating Microsemi and forecasts $8 of EPS in FY20. Unsurprisingly, there’s a temporary pause in auto due to the transition to the new emission standards in Europe and softness in China. While uncertainty still exists around the Chinese tariffs, MCHP has reduced MSCC and internal inventory to managed levels. We see growth drivers in Aerospace/Defense, continued synergies from MSCC and de-leveraging. With the stock down 20% YTD, we believe the shares are discounting much of this uncertainty." (11/8/2018) 3. Cfra analysts commented, "Sales are likely to increase 48% in FY 19 (Mar.) and 11% in FY 20, reflecting the acquisition of 14% increase in FY 18. MCHP is gaining share within most microcontroller categories, driven by new product momentum. Orders are likely to trend upwards over time, but there is limited visibility given demand uncertainty in China." (9/19/2018) 4. Rosenblatt Securities analysts commented, "We rate MCHP as a Buy with a $125 price target and would be opportunistic on potential near-term price pressure." (8/12/2018) Has Microchip Technology been receiving favorable news coverage? News stories about MCHP stock have been trending neutral on Friday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Microchip Technology earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term. Are investors shorting Microchip Technology? Microchip Technology saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 37,864,519 shares, an increase of 1.1% from the December 14th total of 38,271,785 shares. Based on an average daily volume of 2,842,733 shares, the short-interest ratio is presently 13.3 days. Currently, 16.4% of the company's shares are short sold. View Microchip Technology's Current Options Chain. Who are some of Microchip Technology's key competitors? Some companies that are related to Microchip Technology include Micron Technology (MU), Analog Devices (ADI), Applied Materials (AMAT), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), Xilinx (XLNX), TOKYO ELECTRON/ADR (TOELY), Advanced Micro Devices (AMD), Kyocera (KYOCY), Maxim Integrated Products (MXIM), STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), ASE Technology (ASX) and Qorvo (QRVO). Who are Microchip Technology's key executives? Microchip Technology's management team includes the folowing people: Mr. Stephen Sanghi, CEO & Chairman (Age 63)Mr. Ganesh Moorthy, Pres & COO (Age 59)Mr. James Eric Bjornholt, VP & CFO (Age 48)Mr. Mitchell R. Little, VP of Worldwide Sales & Applications (Age 67)Mr. Stephen V. Drehobl, VP of MCU8 & Technology Devel. Division (Age 58) Who are Microchip Technology's major shareholders? Microchip Technology's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.29%), Gateway Investment Advisers LLC (0.10%), Advisors Capital Management LLC (0.08%), Steward Partners Investment Advisory LLC (0.03%), Gulf International Bank UK Ltd (0.02%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Microchip Technology stock include Esther Johnson, Ganesh Moorthy, James Eric Bjornholt, L B Day, Mitchell R Little, Stephen V Drehobl, Steve Sanghi and Wade F Meyercord. View Institutional Ownership Trends for Microchip Technology. Which major investors are selling Microchip Technology stock? MCHP stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Nisa Investment Advisors LLC, Gulf International Bank UK Ltd, Cozad Asset Management Inc., M. Kraus & Co, Chesley Taft & Associates LLC, CENTRAL TRUST Co and Boltwood Capital Management. Company insiders that have sold Microchip Technology company stock in the last year include Esther Johnson, James Eric Bjornholt, Mitchell R Little, Stephen V Drehobl, Steve Sanghi and Wade F Meyercord. View Insider Buying and Selling for Microchip Technology. Which major investors are buying Microchip Technology stock? MCHP stock was bought by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Steward Partners Investment Advisory LLC, MinichMacGregor Wealth Management LLC, Virtu Financial LLC, Highland Capital Management LLC, CMH Wealth Management LLC, Oak Asset Management LLC and Coastline Trust Co. View Insider Buying and Selling for Microchip Technology. How do I buy shares of Microchip Technology? Shares of MCHP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Microchip Technology's stock price today? One share of MCHP stock can currently be purchased for approximately $76.15. How big of a company is Microchip Technology? Microchip Technology has a market capitalization of $17.74 billion and generates $3.98 billion in revenue each year. The semiconductor company earns $255.40 million in net income (profit) each year or $5.19 on an earnings per share basis. Microchip Technology employs 14,234 workers across the globe. What is Microchip Technology's official website? The official website for Microchip Technology is http://www.microchip.com. How can I contact Microchip Technology? Microchip Technology's mailing address is 2355 W CHANDLER BLVD, CHANDLER AZ, 85224. The semiconductor company can be reached via phone at 480-792-7200 or via email at [email protected] MarketBeat Community Rating for Microchip Technology (NASDAQ MCHP)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 626 (Vote Outperform)Underperform Votes: 428 (Vote Underperform)Total Votes: 1,054MarketBeat's community ratings are surveys of what our community members think about Microchip Technology and other stocks. Vote "Outperform" if you believe MCHP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCHP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/18/2019 by MarketBeat.com StaffFeatured Article: What Factors Can Affect Return on Equity?