On Friday 05/24/2024 the closing price of the Microchip Technology Inc. share was $98.17 on BTT.
Compared to the opening price on Friday 05/24/2024 on BTT of $100.84, this is a drop of 2.72%.
Microchip Technology Inc.'s market capitalization is $53.92 B by 540.39 M shares outstanding.
Is Microchip Technology stock a Buy, Sell or Hold?
Microchip Technology stock has received a consensus rating of buy. The average rating score is Baa1 and is based on 48 buy ratings, 31 hold ratings, and 0 sell ratings.What was the 52-week low for Microchip Technology stock?
The low in the last 52 weeks of Microchip Technology stock was 68.79. According to the current price, Microchip Technology is 142.80% away from the 52-week low.What was the 52-week high for Microchip Technology stock?
The high in the last 52 weeks of Microchip Technology stock was 100.84. According to the current price, Microchip Technology is 97.41% away from the 52-week high.What are analysts forecasts for Microchip Technology stock?
The 79 analysts offering price forecasts for Microchip Technology have a median target of 91.04, with a high estimate of 125.00 and a low estimate of 60.00. The median estimate represents a 107.90 difference from the last price of 98.23.Microchip Technology Stock Snapshot
98.20
Bid
100.00
Bid Size
98.27
Ask
200.00
Ask Size
5/24/2024
Date
3:59 PM
Time
253,423.00
Volume
98.17
Prev. Close
99.84
Open
53.92 B
Market Cap
540.39 M
Number of Shares
98.16
Day Low
100.56
Day High
98.23
68.79
52 Week Low
100.84
52 Week High
98.23
1.74
Dividend
1.77
Dividend Yield
18.23
P/E Ratio
97.91
Free Float in %
4.93
EPS 2024
13.00
Book Value per Share
5.97
Cash Flow per Share
Microchip Technology News More News
Historical Prices for Microchip Technology
Date | Open | Close | Daily High | Daily Low |
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Price change over selected period:
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Microchip Technology Analyst Data
Total Analysts: 79
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 60.00
Median: 91.04
Highest: 125.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Microchip Technology Analyst Opinions
- All
- Buy
- Hold
- Sell
Date | Analyst | Rating | Price | |||
---|---|---|---|---|---|---|
05/24/24 | Mizuho | Upgraded to Buy | $115 | |||
05/13/24 | Jefferies & Company Inc. | Maintained Buy | $115 | |||
05/07/24 | Citigroup Corp. | Maintained Buy | $104 | |||
05/07/24 | UBS | Maintained Buy | $103 | |||
05/07/24 | Goldman Sachs | Maintained Hold | $88 | |||
05/07/24 | Piper Sandler | Maintained Hold | $90 | |||
05/07/24 | Susquehanna Financial Group, LLLP | Maintained Buy | $105 | |||
05/07/24 | Needham & Company, LLC | Maintained Buy | $100 | |||
05/07/24 | Mizuho | Maintained Hold | $85 | |||
05/01/24 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $102 | |||
04/18/24 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $98 | |||
04/16/24 | Evercore | Maintained Buy | $106 | |||
04/08/24 | Susquehanna Financial Group, LLLP | Maintained Buy | $100 | |||
03/14/24 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $94 | |||
02/05/24 | Goldman Sachs | Maintained Hold | $77 | |||
02/02/24 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $94 | |||
02/02/24 | UBS | Maintained Buy | $95 | |||
02/02/24 | Goldman Sachs | Maintained Hold | $77 | |||
02/02/24 | Susquehanna Financial Group, LLLP | Maintained Buy | $100 | |||
02/02/24 | Needham & Company, LLC | Maintained Buy | $90 | |||
01/30/24 | Rosenblatt | Maintained Buy | $100 | |||
01/18/24 | Wolfe Research | Upgraded to Buy | $105 | |||
01/09/24 | Stifel, Nicolaus & Co., Inc. | Maintained Buy | $96 | |||
01/04/24 | Piper Sandler | Downgraded to Hold | $80 | |||
11/08/23 | Citigroup Corp. | Upgraded to Buy | $100 | |||
11/03/23 | Piper Sandler | Maintained Buy | $80 | |||
11/03/23 | Susquehanna Financial Group, LLLP | Maintained Buy | $90 | |||
11/03/23 | Morgan Stanley | Maintained Buy | $90 | |||
11/03/23 | Needham & Company, LLC | Maintained Buy | $85 | |||
10/24/23 | Susquehanna Financial Group, LLLP | Maintained Buy | $95 | |||
10/11/23 | Morgan Stanley | Maintained Buy | $96 | |||
09/20/23 | Rosenblatt | Maintained Buy | $110 | |||
08/07/23 | Needham & Company, LLC | Maintained Buy | $100 | |||
08/04/23 | Morgan Stanley | Maintained Buy | $101 | |||
08/04/23 | Susquehanna Financial Group, LLLP | Maintained Buy | $100 | |||
08/04/23 | Wells Fargo & Co | Maintained Hold | $90 | |||
08/04/23 | Mizuho | Maintained Hold | $86 | |||
08/03/23 | Rosenblatt | Maintained Buy | $125 | |||
07/25/23 | Susquehanna Financial Group, LLLP | Maintained Buy | $105 | |||
07/20/23 | Stifel, Nicolaus & Co., Inc. | Maintained Hold | $105 | |||
07/20/23 | Mizuho | Maintained Hold | $89 | |||
07/20/23 | Wolfe Research | Maintained Hold | ||||
07/18/23 | Citigroup Corp. | Maintained Hold | $92 | |||
06/13/23 | Susquehanna Financial Group, LLLP | Maintained Buy | $90 | |||
05/05/23 | Wells Fargo & Co | Maintained Hold | $80 | |||
05/05/23 | Stifel, Nicolaus & Co., Inc. | Maintained Hold | $95 | |||
05/05/23 | Citigroup Corp. | Maintained Hold | $76 | |||
04/25/23 | Susquehanna Financial Group, LLLP | Maintained Buy | $95 | |||
03/08/23 | Needham & Company, LLC | Maintained Buy | $110 | |||
03/02/23 | Needham & Company, LLC | Maintained Buy | $110 |
Microchip Technology Estimates* in USD
2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|
Revenue | 7,636 | 5,480 | 6,883 | 7,912 |
Dividend | 1.74 | 1.71 | 2.12 | 2.12 |
Dividend Yield (in %) | 1.77 % | 1.74 % | 2.16 % | 2.16 % |
EPS | 4.93 | 2.64 | 4.22 | 5.00 |
P/E Ratio | 19.94 | 37.24 | 23.28 | 19.65 |
EBIT | 3,330 | 1,878 | 2,855 | 3,366 |
EBITDA | 3,582 | 1,967 | 3,038 | 3,790 |
Net Profit | 2,699 | 1,411 | 2,267 | 2,689 |
Net Profit Adjusted | 2,699 | 1,411 | 2,267 | 2,689 |
Pre-Tax Profit | 3,134 | 1,634 | 2,670 | 3,197 |
Net Profit (Adjusted) | 2,322 | 1,123 | 1,578 | 1,801 |
EPS (Non-GAAP) ex. SOE | 4.64 | 2.32 | 4.11 | 4.51 |
EPS (GAAP) | 3.42 | 1.32 | 2.76 | 3.50 |
Gross Income | 5,033 | 3,342 | 4,487 | 5,146 |
Cash Flow from Investing | -157 | -186 | -263 | -300 |
Cash Flow from Operations | 3,233 | 1,939 | 2,511 | 2,832 |
Cash Flow from Financing | -2,684 | -1,614 | -2,490 | -2,835 |
Cash Flow per Share | 5.97 | 3.43 | 4.58 | 5.82 |
Free Cash Flow | 2,905 | 1,734 | 2,111 | 2,358 |
Free Cash Flow per Share | 5.35 | 3.32 | 3.89 | 4.43 |
Book Value per Share | 13.00 | 12.04 | 12.09 | 13.05 |
Net Debt | 3,889 | 3,945 | 4,028 | 3,376 |
Research & Development Exp. | 1,041 | 906 | 985 | 1,135 |
Capital Expenditure | 299 | 197 | 254 | 273 |
Selling, General & Admin. Exp. | 693 | 598 | 653 | 747 |
Shareholder’s Equity | 7,120 | 6,426 | 6,581 | 6,874 |
Total Assets | 15,868 | 15,469 | 15,212 | 14,438 |
Previous Quarter | Current Quarter | Next Quarter |
Current Year ending 03/31/24 |
Next Year ending 03/31/25 |
|
---|---|---|---|---|---|
Earnings Estimates | |||||
No. of Analysts | - | - | - | 21 | 22 |
Average Estimate | - | - | - | 4.926 USD | 2.638 USD |
Year Ago | - | - | - | 6.020 USD | 4.926 USD |
Publish Date | - | - | - | - | - |
Revenue Estimates | |||||
No. of Analysts | - | - | - | 23 | 22 |
Average Estimate | - | - | - | 7,636 USD | 5,480 USD |
Year Ago | - | - | - | 8,439 USD | 7,636 USD |
Publish Date | - | - | - | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Sales | 3,981 | 5,350 | 5,274 | 5,438 | 6,821 | 8,439 | 7,634 |
Change of sales in % | 16.81 | 34.38 | -1.41 | 3.11 | 25.42 | 23.72 | -9.53 |
Gross profit on sales | 1,935 | 2,623 | 2,248 | 2,447 | 3,528 | 4,960 | 4,996 |
Gross profit on sales change in % | 20.48 | 35.54 | -14.29 | 8.82 | 44.19 | 40.61 | 0.72 |
Operating income | 954 | 1,114 | 694 | 1,000 | 1,879 | 3,112 | 2,559 |
Operating income change in % | 69.98 | 16.76 | -37.70 | 44.10 | 87.95 | 65.61 | -17.78 |
Income before tax | 737 | 205 | 150 | 340 | 1,483 | 2,910 | 2,366 |
Income before tax change in % | 721.17 | -72.26 | -26.45 | 125.73 | 336.67 | 96.27 | -18.69 |
Income after tax | 255 | 356 | 571 | 349 | 1,286 | 2,238 | 1,907 |
Income after tax change in % | 55.74 | 39.35 | 60.33 | -38.77 | 267.92 | 74.07 | -14.78 |
Balance Sheet
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Total liabilities | 4,977 | 13,063 | 11,841 | 11,142 | 10,305 | 9,857 | 9,215 |
Total liabilities change in % | 6.30 | 22.49 | 20.80 | 15.96 | 16.06 | 12.35 | - |
Equity | 3,280 | 5,288 | 5,586 | 5,337 | 5,895 | 6,514 | 6,658 |
Equity change in % | 0.28 | 61.21 | 5.64 | -4.45 | 10.45 | 10.50 | 2.21 |
Balance sheet total | 8,257 | 18,350 | 17,426 | 16,479 | 16,200 | 16,370 | 15,873 |
Balance sheet total change in % | 7.42 | 122.23 | -5.03 | -5.44 | -1.69 | 1.05 | -3.04 |
Key Data
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Sales per share | 8.00 | 10.70 | 10.29 | 10.05 | 12.05 | 15.14 | 13.93 |
P/E ratio (year end quote, basic EPS) | 88.70 | 58.42 | 30.44 | 120.21 | 33.08 | 20.87 | 25.78 |
P/E ratio (ear end quote, diluted EPS) | 88.70 | 58.42 | 30.44 | 120.21 | 33.08 | 20.87 | 25.78 |
P/E ratio (year end quote) | 88.70 | 58.42 | 30.44 | 120.21 | 33.08 | 20.87 | 25.78 |
Dividend yield in % | 1.59 | 1.76 | 2.16 | 0.96 | 1.21 | 1.51 | 1.87 |
Equity ratio in % | 39.72 | 28.81 | 32.05 | 32.39 | 36.39 | 39.79 | 41.94 |
Debt ratio in % | 60.28 | 71.19 | 67.95 | 67.61 | 63.61 | 60.21 | 58.06 |
Microchip Technology Insider Activity
Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
---|---|---|---|---|---|---|
DREHOBL STEPHEN V | 05/15/2024 | 7,830.00 | 79,509.00 | 95.06 | Sell | No |
DREHOBL STEPHEN V | 05/14/2024 | 1,133.00 | 84,858.00 | 95.36 | Sell | No |
DREHOBL STEPHEN V | 05/14/2024 | 388.00 | 85,915.00 | 95.36 | Sell | No |
DREHOBL STEPHEN V | 05/14/2024 | 524.00 | 87,339.00 | 95.36 | Sell | No |
Bjornholt James Eric | 05/14/2024 | 477.00 | 35,556.00 | 95.36 | Sell | No |
Bjornholt James Eric | 05/14/2024 | 1,249.00 | 34,922.00 | 95.36 | Sell | No |
Bjornholt James Eric | 05/14/2024 | 667.00 | 36,445.00 | 95.36 | Sell | No |
MOORTHY GANESH | 05/14/2024 | 2,745.00 | 801,135.00 | 95.36 | Sell | No |
MOORTHY GANESH | 05/14/2024 | 1,308.00 | 797,476.00 | 95.36 | Sell | No |
MOORTHY GANESH | 05/14/2024 | 3,430.00 | 795,732.00 | 95.36 | Sell | No |
DREHOBL STEPHEN V | 05/14/2024 | 1,948.00 | 87,863.00 | 95.36 | Buy | No |
DREHOBL STEPHEN V | 05/14/2024 | 1,445.00 | 86,303.00 | 95.36 | Buy | No |
DREHOBL STEPHEN V | 05/14/2024 | 3,788.00 | 85,991.00 | 95.36 | Buy | No |
Bjornholt James Eric | 05/14/2024 | 1,111.00 | 36,033.00 | 95.36 | Buy | No |
Bjornholt James Eric | 05/14/2024 | 2,914.00 | 36,171.00 | 95.36 | Buy | No |
Bjornholt James Eric | 05/14/2024 | 1,556.00 | 37,112.00 | 95.36 | Buy | No |
MOORTHY GANESH | 05/14/2024 | 3,052.00 | 798,784.00 | 95.36 | Buy | No |
MOORTHY GANESH | 05/14/2024 | 6,404.00 | 803,880.00 | 95.36 | Buy | No |
MOORTHY GANESH | 05/14/2024 | 8,004.00 | 799,162.00 | 95.36 | Buy | No |
DREHOBL STEPHEN V | 05/07/2024 | 10,000.00 | 82,203.00 | 90.88 | Sell | No |
SANGHI STEVE | 03/06/2024 | 27,533.00 | 10,099,331.00 | 92.81 | Sell | No |
SANGHI STEVE | 03/06/2024 | 8,910.00 | 10,090,421.00 | 93.99 | Sell | No |
Johnson Karlton D | 03/05/2024 | 92.00 | 1,697.00 | 86.88 | Sell | No |
MOORTHY GANESH | 02/29/2024 | 385.00 | 791,158.00 | 55.19 | Buy | No |
Bjornholt James Eric | 02/29/2024 | 364.00 | 33,257.00 | 55.19 | Buy | No |
Microchip Technology Dividend Calendar
Date | Name | Dividend | *yield | Currency |
---|---|---|---|---|
2024 | Microchip Technology Inc. | 1.68 | 1.87 | USD |
2023 | Microchip Technology Inc. | 1.26 | 1.51 | USD |
2022 | Microchip Technology Inc. | 0.91 | 1.21 | USD |
2021 | Microchip Technology Inc. | 0.75 | 0.96 | USD |
2020 | Microchip Technology Inc. | 0.73 | 2.16 | USD |
2019 | Microchip Technology Inc. | 0.73 | 1.76 | USD |
2018 | Microchip Technology Inc. | 0.72 | 1.59 | USD |
2017 | Microchip Technology Inc. | 0.72 | 1.95 | USD |
2016 | Microchip Technology Inc. | 0.72 | 2.97 | USD |
2015 | Microchip Technology Inc. | 0.71 | 2.92 | USD |
2015 | Microchip Technology Inc. | 0.71 | 2.91 | USD |
2014 | Microchip Technology Inc. | 0.71 | 2.97 | USD |
2013 | Microchip Technology Inc. | 0.70 | 3.82 | USD |
2012 | Microchip Technology Inc. | 0.70 | 3.74 | USD |
2012 | Microchip Technology Inc. | 0.69 | 3.74 | USD |
2011 | Microchip Technology Inc. | 0.69 | 3.61 | USD |
2010 | Microchip Technology Inc. | 0.68 | 4.83 | USD |
2010 | Microchip Technology Inc. | 1.36 | 4.83 | USD |
2009 | Microchip Technology Inc. | 1.35 | 6.35 | USD |
2009 | Microchip Technology Inc. | 0.68 | 6.37 | USD |
2008 | Microchip Technology Inc. | 0.61 | 3.70 | USD |
2007 | Microchip Technology Inc. | 0.49 | 2.73 | USD |
2006 | Microchip Technology Inc. | 0.29 | 1.57 | USD |
2005 | Microchip Technology Inc. | 0.11 | 0.81 | USD |
2004 | Microchip Technology Inc. | 0.06 | 0.42 | USD |
2003 | Microchip Technology Inc. | 0.02 | 0.20 | USD |
2002 | Microchip Technology Inc. | 0.00 | 0.00 | USD |
2001 | Microchip Technology Inc. | 0.00 | 0.00 | USD |
2000 | Microchip Technology Inc. | 0.00 | 0.00 | USD |
1999 | Microchip Technology Inc. | 0.00 | 0.00 | USD |
*Yield of the Respective Date
Microchip Technology Inc. Past Events
Event | Actual EPS | Info | Date |
---|---|---|---|
Earnings Report | 1.080 USD | Q4 2024 Earnings Release | 05/06/2024 |
Microchip Technology Profile
Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment is involved in designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one-time programmable technologies. The company was founded on February 14, 1989, and is headquartered in Chandler, AZ.
Moody’s Daily Credit Risk Score
Microchip Technology Shareholder
Owner | in % |
---|---|
Freefloat | 97.91 |
The Vanguard Group, Inc. | 12.34 |
Vanguard Group, Inc. (Subfiler) | 12.24 |
State Street Corp. | 4.63 |
BlackRock Fund Advisors | 4.35 |
T. Rowe Price Investment Management, Inc. | 3.97 |
Vanguard Total Stock Market ETF | 3.15 |
Aristotle Capital Management LLC | 2.75 |
Vanguard 500 Index Fund | 2.54 |
Geode Capital Management LLC | 2.41 |
Vanguard Mid Cap Index Fund | 2.18 |
BlackRock Institutional Trust Co. NA | 2.14 |
T Rowe Price Mid Cap Growth Fund | 1.94 |
Invesco QQQ Trust | 1.88 |
Principal Global Investors LLC | 1.70 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
Microchip Technology Management
Name | Job |
---|---|
Robert D. Williams | Chief Information Security Officer & VP |
Richard J. Simoncic | Chief Operating Officer |
Steve Sanghi | Executive Chairman |
Deborah L. Wussler | Head-Investor Relations |
Ellen L. Barker | Independent Director |
Karen M. Rapp | Independent Director |
Karlton D. Johnson | Independent Director |
Matthew W. Chapman | Independent Director |
Robert Americo Rango | Independent Director |
Wade F. Meyercord | Independent Director |
Ganesh Moorthy | President, Chief Executive Officer & Director |
Kimberly van Herk | Secretary & Assistant General Counsel |
Henry Muyshondt | Senior Manager |
James Eric Bjornholt | Senior VP, Chief Financial & Accounting Officer |
Lauren A. Carr | Senior Vice President-Global Human Resources |
Stephen V. Drehobl | Senior Vice President-MCU8 & MCU16 Business Units |
Chuck Bogosian | Treasurer & Treasury Director |
Mari Valenzuela | Vice President & General Counsel |
Jonathan A. Buck | Vice President-Development |
Salman Ghufran | Vice President-Development |
David Sadler | Vice President-Finance & Controller |
John Costello | Vice President-Government Affairs |