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A look at a High Market Cap Stock: Microchip Technology Inc., MCHP

Microchip Technology Inc., MCHP is in the exchange NASDAQ and its industry is Semiconductor РSpecialized in the sector of Technology. Based in USA, Microchip Technology Inc., MCHP  has a market cap of 11589.9. Since its IPO date on the 3/19/1993, Microchip Technology Inc., MCHP performance year to date is 18.48%. Today Microchip Technology Inc., MCHP has gained 2.84%, with a current price of 55.81.

Ownership of the company is 2.38% for insider ownership while institutional ownership is 98.80%. The management of the company have seen the company have a payout ratio of 89.80%. Return of assets are at 6.00%, with return on investment at 8.50%.

In terms of debt levels and profit levels, Microchip Technology Inc., MCHP is seeing a long-term debt/equity of 1.15. While Total debt/equity is 0. With a profit margin of 14.90%, this is combined with a gross margin of 55.50%, and operating margin of 16.20%. Microchip Technology Inc. ability to meet debt levels, with a current ratio of 8.1, while the quick ratio is 7.3.

For the last year Microchip Technology Inc., MCHP has seen a EPS growth of -9.70%. A performance for the year of 33.80%. The 52-week high is 2.09%, and the 52-week low is 52.53%. The average volume for Microchip Technology Inc., MCHP is 1462353.

With a target price of 55.27, can Microchip Technology Inc., MCHP reach this target? Looking at the value indicators of Microchip Technology Inc., MCHP. Microchip Technology Inc. has a P/E of 36.37 and a forward P/E of 14.68. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.84. Microchip Technology Inc. also has a P/S and a P/B of 5.33 and 5.14 respectively. For P/cash, Microchip Technology Inc. has a value of 4.74, while it is 32.6 for P/free cash flow.

At the current price of 55.81, Microchip Technology Inc. has a dividend yield of 2.65%. We see a return on equity of 15.20%.

Looking more long-term Microchip Technology Inc., is projected to get an EPS growth for the next five years of 12.80%. In the short-term an EPS growth of 17.03% in the next year is forecasted. This is after a EPS growth of -9.70% for this year and for the last five years a -7.50% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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