By Mill Chart
Last update: May 1, 2024
In this article we will dive into MICROCHIP TECHNOLOGY INC (NASDAQ:MCHP) as a possible candidate for quality investing. Investors should always do their own research, but we noticed MICROCHIP TECHNOLOGY INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.
Overall MCHP gets a fundamental rating of 6 out of 10. We evaluated MCHP against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. MCHP scores excellent on profitability, but there are some minor concerns on its financial health. MCHP has a decent growth rate and is not valued too expensively. MCHP also has an excellent dividend rating.
For an up to date full fundamental analysis you can check the fundamental report of MCHP
More quality stocks can be found in our Caviar Cruise screen.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
MICROCHIP TECHNOLOGY INC
NASDAQ:MCHP (5/9/2024, 5:02:53 PM)
After market: 91.4 -0.08 (-0.09%)91.48
-0.51 (-0.55%)
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MCHP stock results show that Microchip Technology met analyst estimates for earnings per share but missed on revenue for the fourth quarter of 2024.
CHANDLER, Ariz., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure...
For the quarter ended March 31, 2024 Net sales of $1.326 billion, down 24.9% sequentially and down 40.6% from the year ago quarter. Our guidance...
On Monday, Microchip Technology stock earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 76.
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