Microchip Technology Inc: (NASD: MCHP)

$38.04

0.49 (1.31%)

Volume 1,345,818

Jun 18 04:00 PM ET

Zacks Rank: 1-Strong Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		37.49 - 38.09
	
		52wk Low - High
		28.92 - 38.35
	
		Previous Close
		37.55
	
		Avg. Volume
		1,849,238
	
		Industry
		SEMI-ANALOG & MIXED
	
		Market Cap
		7.40 B
	
		Div - Yield
		1.41 - 3.77
	
		Beta
		1.09
	
		P/E (F1)
		18.44
	
		Current Year Est.
		2.04
	
		Quarterly Earnings ESP 
		0.00%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		1
Strong Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

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		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		78 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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                Key Earnings Data
            
                            P/E (F1)
                            18.44
                        
                            PEG Ratio
                            1.84
                        
                            Current Year Est.
                            2.04
                        
                            Current Quarter Estimate
                            0.48
                        
                            Most Accurate Estimate
                            0.48
                        
                            Earnings ESP 
                            0.00%
                        
                            Next Earnings Report Date
                            08-08-2013
                        
                            EPS Last Year
                            1.65
                        
                            Expected Earnings Growth
                            10.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
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.   
Full MCHP Company Report

 Analyst Report on MCHP

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Turn Earnings Surprises into quick profits.
 
MCHP Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (03/2014)	Next Year (03/2015)
Average Estimate	0.48	0.51	2.04	2.34
Number of Estimates	6	6	6	4
Low Estimate	0.47	0.48	1.94	2.26
High Estimate	0.49	0.54	2.10	NA
Year Ago EPS	0.44	0.39	1.65	2.04
EPS Growth	9.09%	32.05%	23.43%	14.77%

More MCHP Estimates

Average Earnings Estimates for MCHP

EPS Growth for MCHP

Industry Analysis

Name	Symbol	Previous Close
MICROCHIP TECH	MCHP	37.55
MAGNACHIP SEMI	MX	18.22
MAXLINEAR INC-A	MXL	6.58
ON SEMICON CORP	ONNN	8.29
RDA MICROEL-ADR	RDA	10.23
INPHI CORP	IPHI	11.05
MA-COM TECH SOL	MTSI	14.45
MAXIM INTG PDTS	MXIM	28.19
MICREL INC	MCRL	9.67
MICROSEMI CORP	MSCC	21.52

Sector:Computer and Technology>> Industry:SEMI-ANALOG & MIXED

COMPARE TICKER vs. Its Peers

Zacks Commentary

Microsemi Launches New Design Tool

Jun 18, 2013

Intel Launches DC S3500 Series SSD

Jun 12, 2013

New Reference Design by Fairchild

Jun 12, 2013

Texas Instruments Narrows 2Q View

Jun 11, 2013

Microchip Guides Higher for 1Q14

Jun 05, 2013

New Lattice Software to Support FPGA

Jun 04, 2013

Microsemi Ships SoC FPGA

May 28, 2013

Ultra Small Diodes by Macom

May 28, 2013

More MCHP Zacks Commentary

Financials

EPS TTM	1.65
Sales	1,582
Net Income	127
Price/Earnings	22.76
Price/Book	3.79
Price/Cash Flow	13.29
Price/Sales	4.68

More MCHP Financials

News

Microchip's New Op Amps Extend Battery Life with Exceptionally Low Power Consumption - Businesswire

Jun 18, 2013

Potential Microchip Technology (MCHP) Trade Has $35.50 Breakeven - Freshbrewedmedia

Jun 18, 2013

Microchip Announces PIC32MX 32-bit Microcontroller Portfolio - Businesswire

Jun 17, 2013

Next Resistance Level for Microchip Technology (MCHP) is $37.67 - Financial News Network Online - Pivot Alerts

Jun 17, 2013

The Global Embedded Software Market to Grow At A CAGR Of 10.7 Percent over the Period 2012-2016 - M2

Jun 17, 2013

1 Reason to Expect Big Things from Microchip Technology - TheMotleyFool

Jun 14, 2013

Global Capacitive Sensors Market - 2013 Report with Forecasts Up to 2018 - M2

Jun 14, 2013

The Chip Rebound Continues - TheMotleyFool

Jun 14, 2013

See All News Stories on MCHP

Broker Recommendations

Current ABR	2.13
ABR (Last Week)	2.13
# of recs in ABR	8
Average Target Price	40.67
Industry Rank by ABR	78 out of 265
Rank in Industry	1 out of 17

More MCHP Broker Recommendations

Day Low - High	37.49 - 38.09
52wk Low - High	28.92 - 38.35
Previous Close	37.55
Avg. Volume	1,849,238
Industry	SEMI-ANALOG & MIXED
Market Cap	7.40 B
Div - Yield	1.41 - 3.77
Beta	1.09
P/E (F1)	18.44
Current Year Est.	2.04
Quarterly Earnings ESP	0.00%

P/E (F1)	18.44
PEG Ratio	1.84
Current Year Est.	2.04
Current Quarter Estimate	0.48
Most Accurate Estimate	0.48
Earnings ESP	0.00%
Next Earnings Report Date	08-08-2013
EPS Last Year	1.65
Expected Earnings Growth	10.00%

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Microchip Technology Inc: (NASD: MCHP)

$38.04

0.49 (1.31%)

Volume 1,345,818

Jun 18 04:00 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Computer and Technology>> Industry:SEMI-ANALOG & MIXED

Zacks Commentary

Financials

News

Broker Recommendations