EPS Growth overview of Microchip Technology Inc. (NASDAQ:MCHP)


Microchip Technology Inc. (NASDAQ:MCHP) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Microchip Technology Inc. (NASDAQ:MCHP) gained 1.73 Percent and closed its previous trading session at $82.21. The stock traded with the average Volume of 2.48 Million at the end of last session.

Microchip Technology Inc. (NASDAQ:MCHP) has the Market Capitalization of 18.86 Billion. The Stock has its 52-week High of $99.17 and 52-Week Low of $70.72 and it touched its 52-week high on 01/23/18 and 52-Week Low on 02/16/17.

The company reported its last earnings Actual EPS of $1.36/share. While, the analyst predicted that the company could provide an EPS of $1.35/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 0.7 Percent.

Several analysts are forecasting growth estimate of Microchip Technology Inc. for the current quarter to be 15.5%. Their projections for the Next Quarter growth is 8.4 percent. While for the Next 5 years, the company could expect a growth of 17.06% per annum, whereas in the past Five years Microchip Technology Inc. (NASDAQ:MCHP) showed a growth of 20.66 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Microchip Technology Inc. (NASDAQ:MCHP) as Buy, 1 analysts given Outperform signal, 0 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -10.48% where SMA50 and SMA200 are -8.88% and -4.86% respectively.

The company shows its Return on Assets (ROA) value of 3.1%. The Return on Equity (ROE) value stands at 7.3%. While it’s Return on Investment (ROI) value is 5%.

Microchip Technology Inc. (NASDAQ:MCHP) currently has a Weekly Volatility of 3.66% percent while its Monthly Volatility is at 3.06% percent. While talking about Performance of the Stock, Microchip Technology Inc. currently has a Weekly performance of -0.84%, monthly performance percentage is -11.91 percent, Quarterly performance is -9.68 percent, 6 months performance shows a percent value of -2.47% and Yearly Performance is 16.15 percent.

Company Profile:

Microchip Technology Inc. develop, manufacture and sell specialized semiconductor products used by the customers for a wide variety of embedded control applications. Its product portfolio comprises general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers, a broad spectrum of high-performance linear, mixed-signal, power management, thermal management, radio frequency (RF), timing, safety, security, wired connectivity and wireless connectivity devices, as well as serial Electrically Erasable Programmable Read Only Memory (EEPROM), Serial Flash memories, Parallel Flash memories and serial Static Random Access Memory (SRAM). Markets such as automotive, medical, consumer, wireless and commercial systems have implemented a variety of approaches to providing security. Microchip brings together both cryptographic and non-cryptographic pieces to build a total solution. The Company also license Flash-IP solutions that are incorporated in a broad range of products.