Microchip Technology logged a 2.9% change during today's afternoon session, and is now trading at a price of $66.56 per share. The S&P 500 index moved -0.0%. MCHP's trading volume is 6,957,263 compared to the stock's average volume of 9,106,554.
Microchip Technology trades -13.46% away from its average analyst target price of $76.92 per share. The 24 analysts following the stock have set target prices ranging from $60.0 to $90.0, and on average have given Microchip Technology a rating of buy.
Anyone interested in buying MCHP should be aware of the facts below:
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Microchip Technology has moved -21.9% over the last year, and the S&P 500 logged a change of 14.1%
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Based on its trailing earnings per share of -0.34, Microchip Technology has a trailing 12 month Price to Earnings (P/E) ratio of -195.8 while the S&P 500 average is 29.3
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MCHP has a forward P/E ratio of 25.6 based on its forward 12 month price to earnings (EPS) of $2.6 per share
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Its Price to Book (P/B) ratio is 5.24 compared to its sector average of 4.19
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Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.
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Based in Chandler, the company has 19,400 full time employees and a market cap of $35.92 Billion. Microchip Technology currently returns an annual dividend yield of 2.8%.