A share price of Microchip Technology, Inc [MCHP] is currently trading at $55.33, up 12.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The MCHP shares have gain 15.49% over the last week, with a monthly amount glided 23.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Microchip Technology, Inc [NASDAQ: MCHP] stock has seen the most recent analyst activity on May 09, 2025, when BofA Securities upgraded its rating to a Neutral but kept the price target unchanged to $56 for it. Previously, UBS reaffirmed its Buy rating on May 09, 2025, and elevated its price target to $60. On May 09, 2025, Truist reiterated its Hold rating and revised its price target to $52 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $55 on May 09, 2025. Stifel reiterated its recommendation of a Buy and raised its price target to $70 on May 09, 2025. Raymond James reiterated a Strong Buy rating for this stock on May 09, 2025, and upped its price target to $65. In a note dated May 09, 2025, Citigroup reiterated an Buy rating on this stock and boosted its target price from $50 to $55.
Microchip Technology, Inc experienced fluctuations in its stock price throughout the past year between $34.12 and $100.57. Currently, Wall Street analysts expect the stock to reach $64.75 within the next 12 months. Microchip Technology, Inc [NASDAQ: MCHP] shares were valued at $55.33 at the most recent close of the market. An investor can expect a potential return of 17.03% based on the average MCHP price forecast.
Analyzing the MCHP fundamentals
Trailing Twelve Months sales for Microchip Technology, Inc [NASDAQ:MCHP] were 4.40B which represents -26.80% decline. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.42 points at the first support level, and at 51.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.65, and for the 2nd resistance point, it is at 59.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Microchip Technology, Inc [NASDAQ:MCHP] is 2.59. On the other hand, the Quick Ratio is 1.47, and the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 6.76, the price to book ratio is 4.93.
Transactions by insiders
Recent insider trading involved Bjornholt James Eric, SENIOR VP AND CFO, that happened on Feb 25 ’25 when 3724.0 shares were sold. Officer, Bjornholt James Eric completed a deal on Feb 25 ’25 to buy 3724.0 shares. Meanwhile, SENIOR VP AND CFO Bjornholt James Eric sold 4688.0 shares on Nov 25 ’24.
