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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 13231.41. Since its IPO date on the 3/19/1993, Microchip Technology Inc., MCHP performance year to date is 35.96%. Today Microchip Technology Inc., MCHP has gained 0.78%, with a current price of 61.91.

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 341.20%. Return of assets are at 1.30%, with return on investment at 8.60%.

In terms of debt levels and profit levels, Microchip Technology Inc., MCHP is seeing a long-term debt/equity of 1.32. While Total debt/equity is 0. With a profit margin of 3.30%, this is combined with a gross margin of 51.00%, and operating margin of 7.00%. Microchip Technology Inc. ability to meet debt levels, with a current ratio of 2.9, while the quick ratio is 2.

For the last year Microchip Technology Inc., MCHP has seen a EPS growth of -9.70%. A performance for the year of 59.36%. The 52-week high is -0.53%, and the 52-week low is 62.21%. The average volume for Microchip Technology Inc., MCHP is 2264700.

With a target price of 63.62, 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 162.92 and a forward P/E of 16.23. Perhaps the more useful indicator than P/E, is PEG which has a value of 11.08. Microchip Technology Inc. also has a P/S and a P/B of 5.43 and 5.24 respectively. For P/cash, Microchip Technology Inc. has a value of 21.99, while it is 32.42 for P/free cash flow.

At the current price of 61.91, Microchip Technology Inc. has a dividend yield of 2.33%. We see a return on equity of 3.60%.

Looking more long-term Microchip Technology Inc., is projected to get an EPS growth for the next five years of 14.70%. In the short-term an EPS growth of 11.75% 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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Stephen Butters

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