Microchip Technology Stock Today

MCHP Stock  USD 78.99  1.01  1.30%   

Performance

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Odds Of Distress

Less than 9

 
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Microchip Technology is selling at 78.99 as of the 15th of October 2024; that is 1.30 percent increase since the beginning of the trading day. The stock's last reported lowest price was 77.82. Microchip Technology has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Microchip Technology's common stock.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
19th of March 1993
Category
Technology
Classification
Information Technology
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona. The company has 536.5 M outstanding shares of which 26.78 M shares are now shorted by private and institutional investors with about 4.09 trading days to cover. More on Microchip Technology

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Microchip Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOGanesh Moorthy
Thematic IdeaSemiconductor (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, Philadelphia Semiconductor Index, SP 500 Index, NASDAQ 100 Technology, Nasdaq 100, NASDAQ Composite, NASDAQ 100 Pre, Semiconductor, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Debt Levels
Microchip Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Microchip Technology's financial leverage. It provides some insight into what part of Microchip Technology's total assets is financed by creditors.
Liquidity
Microchip Technology currently holds 6.16 B in liabilities with Debt to Equity (D/E) ratio of 1.27, which is about average as compared to similar companies. Microchip Technology has a current ratio of 1.74, which is within standard range for the sector. Note, when we think about Microchip Technology's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

2.04 Billion
Microchip Technology (MCHP) is traded on NASDAQ Exchange in USA. It is located in 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 and employs 22,300 people. Microchip Technology is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 42.38 B. Microchip Technology conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 536.5 M outstanding shares of which 26.78 M shares are now shorted by private and institutional investors with about 4.09 trading days to cover. Microchip Technology currently holds about 379.1 M in cash with 2.89 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69.
Check Microchip Technology Probability Of Bankruptcy
Ownership Allocation
Microchip Technology maintains a total of 536.5 Million outstanding shares. The majority of Microchip Technology outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Microchip Technology to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Microchip Technology. Please pay attention to any change in the institutional holdings of Microchip Technology as this could imply that something significant has changed or is about to change at the company. On September 6, 2024, Representative John James of US Congress acquired under $15k worth of Microchip Technology's common stock.
Check Microchip Ownership Details

Microchip Stock Institutional Holders

InstituionRecorded OnShares
Ameriprise Financial Inc2024-06-30
7.8 M
Amundi2024-06-30
7.6 M
Boston Partners Global Investors, Inc2024-06-30
7.5 M
Northern Trust Corp2024-06-30
6.9 M
Norges Bank2024-06-30
6.8 M
Van Eck Associates Corporation2024-06-30
6.4 M
Goldman Sachs Group Inc2024-06-30
5.9 M
Fmr Inc2024-06-30
5.4 M
Barclays Plc2024-06-30
5.3 M
Vanguard Group Inc2024-06-30
68 M
Blackrock Inc2024-06-30
45.7 M
View Microchip Technology Diagnostics

Microchip Technology Historical Income Statement

At this time, Microchip Technology's EBITDA is relatively stable compared to the past year. As of 10/15/2024, Cost Of Revenue is likely to grow to about 3.5 B, while Non Operating Income Net Other is likely to drop (2.3 M). View More Fundamentals

Microchip Stock Against Markets

Microchip Technology Corporate Management

Stephen DrehoblVP of Mcu8 Division and Technology Devel. DivisionProfile
Mathew BunkerSenior OperationsProfile
Kimberly HerkCorporate CounselProfile
Joseph KrawczykSenior EngagementProfile

Additional Tools for Microchip Stock Analysis

When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.