Stock Updates

Today’s Top Gainers in the Market Microchip Technology Inc. (NASDAQ:MCHP) from Technology

Today’s top gainers include the company Microchip Technology Inc. (NASDAQ:MCHP) which is in the industry Semiconductor – Specialized, gaining 1.09% today. In the last week its performance is -1.66%, and 17.46% for the past quarter. Currently, Microchip Technology Inc., MCHP has a target price of 55.18, so today’s gain of 1.09% is a significant step towards its target price. The GAP today is therefore 0.39%.

Microchip Technology Inc. (NASDAQ:MCHP), has a market cap of 12213.71, and is based in USA. Insider ownership is at 2.38%, and institutional ownership is 98.80%.

At the current price of 56.36, it has a dividend yield of 2.58%, and its target price is 55.18. This is with a profit margin of 14.90%, and total debt/equity of 0. Microchip Technology Inc. (NASDAQ:MCHP) has a P/E of 37.37, as well as a forward P/E of 15.08.

With a current EPS of 1.49, and a forecasted EPS growth for next year at 17.03%,Microchip Technology Inc. (NASDAQ:MCHP) has had a EPS growth for the past five years at -7.50%. For the next five years EPS growth is projected to be 12.80%.

Performance for the year is 31.30%. Since its IPO date on 3/19/1993, the total performance to date is 21.71%.

Volume today for Microchip Technology Inc. (NASDAQ:MCHP), is 812871, while its average volume is 2087.76. Whilst the total gain today was 1.09%, it did have a day high of -4.06%.

Volatility for this week has been at 1.54%, and 1.96% for the month. The 52-week low for Microchip Technology Inc., MCHP has been 54.03%, while the 52-week-high has reached -4.06%.

Looking at its return of investments, which is 8.50%, and its return on assets is 6.00%. Microchip Technology Inc. (NASDAQ:MCHP) has an operating margin of 16.20%. With a sales growth of 2.70% quarter over quarter. Bearing in mind that Microchip Technology Inc., MCHP is in the sector Technology, its long-term debt/equity is 1.15, and has a current ratio of 8.1 and 7.3 for quick ratio.

So what is the value of Microchip Technology Inc.? Well its PEG is 2.92, and the P/S is 5.62, along with a P/B of 5.28. Meanwhile it has a p/cash of 4.99.

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.

About the author

Peter Clarke

Leave a Comment