94.09 0.00 (0.00%)
After hours: 4:32PM EST
|Bid||94.09 x 1100|
|Ask||94.10 x 800|
|Day's Range||92.57 - 94.47|
|52 Week Range||65.67 - 101.57|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||61.50|
|Earnings Date||Feb. 3, 2020 - Feb. 7, 2020|
|Forward Dividend & Yield||1.47 (1.56%)|
|1y Target Est||108.15|
Microchip's (MCHP) Q2 results rides on expanding product portfolio, robust demand for microcontrollers and collaboration with Amazon Web services.
Cramer seems to be very bullish on Nvidia stock. Notably, the stock looks solid. The company is set to report its third-quarter earnings on November 14.
Tech stocks Match Group (MTCH) and Microchip (MCHP) are trading lower in the after-hours session today after releasing their earnings results.
Microchip Tech (MCHP) delivered earnings and revenue surprises of 0.00% and -0.98%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
CHANDLER, Ariz., Nov. 05, 2019 (GLOBE NEWSWIRE) -- (MCHP) – Microchip Technology Incorporated, a leading provider 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 36.65 cents per share. The dividend is payable on December 5, 2019 to stockholders of record on November 21, 2019. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 61 times since its inception.
Net sales of $1.338 billion, up 1.1% sequentially and down 6.6% from the year ago quarter. The midpoint of our guidance initially provided on August 6, 2019 was net sales of.
Microchip (MCHP) second-quarter earnings are likely to reflect solid demand witnessed by latest microcontrollers amid trade war woes and Huawei ban.
Microchip Tech (MCHP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In 1991 Steve Sanghi was appointed CEO of Microchip Technology Incorporated (NASDAQ:MCHP). This report will, first...
(Bloomberg) -- Semiconductor stocks in the U.S. tumbled after Texas Instruments raised alarms with a fourth-quarter revenue forecast that trailed the lowest estimate on Wall Street. Lynx Equity, including analysts KC Rajkumar and Jahanara Nissar, warned clients that the Dallas company’s miss was “not an auspicious start to the earnings seasons for semis.”Intel Corp., Xilinx Inc., Microchip Technology Inc., Analog Devices Inc. and Nvidia Corp. were among chipmakers that fell more than 2% in after-hours trading. Texas Instruments plunged as much as 11%.Texas Instruments is the first U.S. semiconductor maker to report earnings for the most recent quarter, at a time when chip stocks have surged on optimism that the U.S.-China trade war will reach a settlement and demand will improve. The Philadelphia Semiconductor Index has gained 39% in 2019.What will resonate with investors the most, says Lynx Equity, is the revelation that “most markets weakened further,” according to Texas Instruments chief executive officer Rich Templeton in a statement. Lynx expects “the broad-based semi sector to trade down in sympathy tomorrow.”While expectations for Texas Instruments were relatively subdued, its earnings results are closely watched by investors because of its broad customer base and geographic reach.(Adds Lynx Equity comments throughout)To contact the reporters on this story: Jeran Wittenstein in San Francisco at email@example.com;Kamaron Leach in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims against the board of directors of Microchip Technology Incorporated (“Microchip” or the “Company”) (NASDAQ: MCHP), concerning whether the board breached its fiduciary duties to shareholders. On May 31, 2018, Microchip promised investors hundreds of millions of dollars in synergies following its acquisition of Microsemi Corporation (“Microsemi”).
Today we'll look at Microchip Technology Incorporated (NASDAQ:MCHP) and reflect on its potential as an investment...
CHANDLER, Ariz., Sept. 30, 2019 -- As the number and types of connected devices proliferates, market fragmentation and security vulnerabilities in the Internet of Things (IoT).
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Microchip Tech (MCHP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CHANDLER, Ariz., Sept. 03, 2019 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control.
CHANDLER, Ariz., Sept. 03, 2019 (GLOBE NEWSWIRE) -- (MCHP) – Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control solutions, today reaffirmed its financial guidance provided in its August 6, 2019 earnings press release and currently expects net sales of between $1.323 billion and $1.375 billion, or flat to up 4% sequentially, GAAP earnings per diluted share of $0.13 to $0.23, and non-GAAP earnings per diluted share of $1.37 to $1.49 for the September 2019 quarter. There will be no conference call associated with this press release. Microchip is presenting at the Citi 2019 Global Technology Conference tomorrow, Wednesday, September 4, 2019 at 2:10 p.m. (Eastern). A live webcast and replay of this presentation will be available at www.microchip.com.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
CHANDLER, Ariz., Aug. 29, 2019 -- USB Type-C has become increasingly popular, and with the introduction of Power Delivery (PD), it is now possible to charge more types of.
Readers hoping to buy Microchip Technology Incorporated (NASDAQ:MCHP) for its dividend will need to make their move...
CHANDLER, Ariz., Aug. 08, 2019 -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control.
Microchip (MCHP) rides on strength in microcontroller business and portfolio expansion. However, impact of Huawei shipment limitations acted as the primary tailwind during the reported quarter.