|Bid||78.19 x 1100|
|Ask||81.47 x 900|
|Day's Range||78.75 - 81.75|
|52 Week Range||60.70 - 104.20|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||56.01|
|Earnings Date||Aug 7, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||1.46 (1.46%)|
|1y Target Est||104.81|
Semiconductors are lagging the Nasdaq Composite today, but still solidly in the green. Yahoo Finance's Jared Blikre joins Myles Udland to break down the action in the chipmaker space, as President Trump partially walks back a tougher trade stance.
The second day of U.S.-China trade talks concluded today with the markets rebounding on Secretary Mnuchin's comment that talks were 'constructive'. First Franklin Chief Market Strategist Brett Ewing joins Yahoo Finance's Rick Newman and Seana Smith.
CHANDLER, Ariz., May 16, 2019 -- Microcontroller units (MCUs) continue to bring functional flexibility to ever-changing application requirements, and today’s top suppliers.
Enhanced TimeProvider® 4100 family adds 10 Gigabit Ethernet support and industry's most accurate time transfer over mobile and latest generation of cable networks CHANDLER, Ariz. , May 15, 2019 /PRNewswire/ ...
On CNBC's "Fast Money," Guy Adami spoke about Microchip Technology Inc. (NASDAQ: MCHP ). He doesn't see a potential catalyst that could move the stock higher. Microchip Technology dropped sharply ...
The May 13 Sell-Off Pummeled Tech Stocks(Continued from Prior Part)Microchip’s returnsShares of semiconductor company Microchip (MCHP) fell 6.3% on May 13 to close trading at $83.61. Microchip stock has fallen more than 16% since the start of May
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Semiconductors stocks were falling Monday after the Chinese-American trade war heated up. Some analysts still see value in the sector.
Recognized for his commitment to the humanities and philanthropic work, Steve Sanghi, chairman and CEO of Microchip Technology Inc. (MCHP), was conferred an honorary Doctorate of Humane Letters degree by Northern Arizona University (NAU) at the college’s spring 2019 commencement ceremony on Friday, May 10, 2019, in the university’s J. Lawrence Walkup Skydome. Alongside three additional honorees, the prestigious degree was presented to Sanghi amidst a graduating class of bachelor’s, master’s and doctorate students within the College of Engineering, Informatics and Applied Sciences and the College of the Environment, Forestry and Natural Sciences. Leading Chandler, Ariz.-based Microchip since 1990, Sanghi is the longest serving CEO of a semiconductor company and one of the longest tenured in the technology industry.
These Tech Giants Are Making the NASDAQ Bleed TodayMarket sell-off intensifiesThe global market sell-off that started earlier this week due to an escalation in US-China trade tensions has intensified on May 9. Today’s steep falls in large tech
The Chandler-based semiconductor supplier reported a 33 percent increase in sales from the previous year but says its long-term outlook could be affected by the growing crisis related to the U.S.-China trade tiff, sending its shares lower on May 9.
Microchip Technology on Wednesday beat Wall Street's earnings target for its fiscal fourth quarter, but disappointed with its outlook. The news sent the chipmaker's stock lower for the day.
, a supplier of microcontrollers (MCUs) and analog chips for a huge number of customers and end-markets, is down over 2% after reporting in-line revenue and issuing June-quarter revenue guidance of $1.26 billion to $1.4 billion, mostly below a consensus estimate of $1.39 billion. Like many peers, Microchip has been dealing with inventory corrections and soft Chinese and automotive demand. The company explains its guidance by saying that its prior forecast for a March-quarter bottom assumed no new adverse trade developments, and that -- with the Trump Administration set to raise the import tariff on $200 billion worth of Chinese imports from 10% to 25% -- trade rhetoric has worsened, which in turn has added to macro uncertainty.
The drop weighed on the Philadelphia Semiconductor Index, which fluctuated after a back-to-back slump. After surging to record levels, chipmakers have recently trended lower amid weak sales data and cautious commentary from Intel Corp., ON Semiconductor Corp. and Texas Instruments Inc. The industry has been under particular pressure this week due to uncertainty surrounding U.S. and China trade relations.
Microchip Technology was falling in premarket trading Wednesday after the chipmaker provided guidance that missed estimates. The company reported fiscal fourth-quarter adjusted earnings of $1.48 per share on revenue of $1.
The Chandler, Arizona-based company said it had net income of 70 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.48 per share. The results topped Wall Street expectations. ...
For the quarter ended March 31, 2019 Net sales of $1.330 billion, down 3.3% sequentially and up 32.7% from the year ago quarter. The midpoint of our guidance provided on.
CHANDLER, Ariz., May 07, 2019 (GLOBE NEWSWIRE) -- (MCHP) – Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 36.55 cents per share. The dividend is payable on June 4, 2019 to stockholders of record on May 21, 2019. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 59 times since its inception.
Microchip Technology Inc NASDAQ/NGS:MCHPView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is extremely high for MCHP with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MCHP. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MCHP totaled $3.61 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Microchip (MCHP) to benefit from portfolio expansion, robust collaborations and strategic buyouts. These moves are anticipated to aid the company in expanding TAM, eventually favoring the top line.