What is the current price of mCHP?
Since then, MCHP stock has increased by 96.6% and is now trading at $72.14. View which stocks have been most impacted by COVID-19. Are investors shorting Microchip Technology? Microchip Technology saw a decline in short interest during the month of January.
What drove Microchip Technology’s (MCHP) price move in the latest trading session?
In the latest trading session, Microchip Technology (MCHP) closed at $76.39, marking a -0.24% move from the previous day. Microchip Technology (MCHP) launches new SiC mosfets to meet increasing customer demand amid the global supply chain constraints.
Will Microchip Technology's stock reach $100 in the next year?
15 brokers have issued 12-month target prices for Microchip Technology's shares. Their predictions range from $75.00 to $120.00. On average, they anticipate Microchip Technology's stock price to reach $100.33 in the next year. This suggests a possible upside of 6.5% from the stock's current price.
What is Microchip Technology's (MCHP) return on equity?
Microchip Technology Incorporated (NASDAQ:MCHP) posted its earnings results on Thursday, February, 3rd. The semiconductor company reported $1. 20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1. 17 by $0. 03. Microchip Technology had a trailing twelve-month return on equity of 38. 44% and a net margin of 14. 95%.
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Is MCHP stock a buy?
The consensus among 18 Wall Street analysts covering (NASDAQ: MCHP) stock is to Strong Buy MCHP stock.
Is Microchip Technology publicly traded?
Microchip Technology Inc. is a publicly-listed American corporation that manufactures microcontroller, mixed-signal, analog and Flash-IP integrated circuits.
Is MCHP going to split?
MCHP's 8th split took place on October 13, 2021....MCHP Split History TableDateRatio10/13/20212 for 17 more rows
Is microchip a good stock to buy?
As is the case with any business closely tied to manufacturing, the microchip industry (also referred to as semiconductors, or simply as chips) is a cyclical one....Top microchip stocks.CompanyMarket CapDescriptionTaiwan Semiconductor Manufacturing (NYSE:TSM)$628 billionThe world's largest chip manufacturer.6 more rows•Jun 10, 2022
When did Microchip become independent?
Analyst Report: Microchip Technology Incorporated Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Who is the chief financial officer of Microchip?
At this time, I'd like to turn the call over to Microchip's chief financial officer, Mr. Eric Bjornholt. Ganesh will then provide commentary on our results, discuss the current business environment, as well as our guidance.
Is semiconductor stock hopping?
Semiconductor stocks are hopping again. This past week saw a bunch of chip stocks breaking out of bases and racing to all-time highs.
What is the MCHP symbol?
Microchip Technology trades on the NASDAQ under the ticker symbol "MCHP."
When will Microchip Technology release its earnings?
Microchip Technology is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021. View our earnings forecast for Microchip Technology.
What is Marketbeat community ratings?
MarketBeat's community ratings are surveys of what our community members think about Microchip Technology and other stocks. Vote “Outperform” if you believe MCHP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MCHP will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is the official website for microchip technology?
The official website for Microchip Technology is www.microchip.com.
How much does microchip technology make?
Microchip Technology has a market capitalization of $39.35 billion and generates $5.44 billion in revenue each year. The semiconductor company earns $349.40 million in net income (profit) each year or $5.86 on an earnings per share basis.
What is microchip technology?
Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment involves in the 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.
What is the P/E ratio of microchips?
The P/E ratio of Microchip Technology is 73.71, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 75.94.
When will the chip shortage end?
Chip shortage could last into 2022, says Microchip Technology CEO. Ganesh Moorthy, CEO at Microchip Technology, joins "Squawk on the Street" to discuss the global chip shortage and when supply could catch up to demand. 3 months ago - CNBC Television.
Who is the CEO of Microchip?
Ganesh Moorthy, Microchip Technology CEO, joins 'TechCheck' to discuss the company's record third-quarter results. Moorthy also discusses what supply looks like in the semiconductor space and when inven...
What will the chips for America act do?
The CHIPS for America Act will help to boost the industry , but it also presents some challenges for these semiconductor stocks. The post 3 Semiconductor Stocks That Could Actually Be Hurt By The CHIPS A...
Is American chip maker a good way to play the global supply shortage?
Nations: American chip makers could be a good way to play the global supply shortage. Scott Nations, president & CIO of NationsShares, discusses the wide impact the global chip shortage is having, and how investors can play the situation through U.S.-based chip makers. Other stocks mentioned: INTC, TXN.
Is Microchip Tech a mover?
Microchip Tech (MCHP) was a big mover last session on higher -than-average trading volume . The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.