Stock Updates

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 – Specialized 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.

About the author

Tony Dabbs

Leave a Comment