Earnings Forecast Research on Microchip Technology Incorporated (MCHP)

Microchip Technology Incorporated has received $0.81 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.8 while the top line estimate is $0.83 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 33.2%.

Microchip Technology Incorporated reported better than expected with a surprise EPS of 18.42% or $0.14 during its most recent quarterly earnings. The Actual EPS was $0.9 compared to the Estimated EPS of $0.76. Chandler based Microchip Technology Incorporated Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 07, 2017.

Microchip Technology Incorporated has a Price to Earnings ratio of 24.4 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5.9. For the Most Recent Fiscal Year, Microchip Technology Incorporated has a price to cash ratio of 16.79. For the Trailing twelve month period, company showed a Net Profit Margin of 1.77% and Return on Equity of the stock is 27.29%.

In the last quarter, Microchip Technology Incorporated reported Annual Earnings of $0.9. Based on the filings, last years Annual Earnings was, $2.46. In the last Quarter, MCHP reported a surprise Earnings per Share of 18.42% . The consensus estimate for current quarter is $0.81 and for the current fiscal year, the estimate is $3.18. For the Next fiscal year, the estimate is $3.63 based on the consensus.

Microchip Technology Incorporated (NASDAQ:MCHP) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 1.71 points or 2.48% at $67.35 with 2,398,735 shares getting traded. Post opening the session at $68.83, the shares hit an intraday low of $66.85 and an intraday high of $68.86 and the price was in this range throughout the day. The company has a market cap of $14,549 million and the number of outstanding shares has been calculated to be 216,016,160 shares. The 52-week high of Microchip Technology Incorporated (NASDAQ:MCHP) is $69.09 and the 52-week low is $39.01.

Microchip Technology, Inc. develops and manufactures specialized semiconductor products used by its customers for a wide variety of embedded control applications. Its product portfolio comprises microcontrollers; application-specific standard products; and related mixed-signal and memory products. The company markets its products to the consumer, automotive, office automation, communications and industrial markets.


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