SIMONCIC RICHARD J, Senior VP, Analog/Intrfce BU, subtracted 3,900 shares of Microchip Technology Incorporated (MCHP) from its portfolio at the rate of $80.99 per share valuing $315,861 on May 22. The insider left behind 50,505 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Microchip Technology Incorporated (MCHP) was $84.10. Currently, the 1st Resistance Point for this stock is $84.90, with a 2nd Resistance Point sitting at $85.71. Meanwhile, this company’s stock has a 1st Support Level at $83.47 and a 2nd Support Level at $82.84. Microchip Technology Incorporated (MCHP) stock has gained $0.97, or 1.17%, in the past five days. In the last full month, these shares have gained $0.49, or 0.59%. In the past three months, this stock’s price has fallen by -$0.96, or -1.13%. This year-to-date, Microchip Technology Incorporated (MCHP) shares have gained $12.18, or 16.94%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Microchip Technology Incorporated (MCHP) stock, 20% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”
With 237,927 K shares outstanding, this company currently has a market capitalization of $19,940,662K. Microchip Technology Incorporated (MCHP) generates $5,350 M in annual sales, amounting to annual net income of $355,900 K. This stock has generated a 1-Year Total Return of -17.61%, a 3-Year Total Return of 64.23%, and a 5-year Total Return of 70.38%. This stock’s 5-Year Dividend Growth is 2.82%, with its most recent dividend valued at $0.366 per share on 05/20/19. Its Annual Dividend Yield is 1.71%, and its Annual Dividend Rate is 1.46.
In the most recently-reported fiscal quarter, which ended in Mar-19, Microchip Technology Incorporated (MCHP) reported earnings of $1.48 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.40 per share, representing a 0.08 difference and 5.96% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.66 represented a 0.08 difference from the consensus estimate calling for $1.58 per share, which was a 5.19% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.26 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $1.28 and the low estimate was $1.24. In the year-ago quarter, Microchip Technology Incorporated (MCHP) generated per-share earnings of $1.52. If the analysts are correct about the current quarter’s earnings, the growth will be -17.11% .
Turning our focus now to insider trading activity, there have been 24 purchases (73,681 shares in total) and 24 sale (29,440 shares in total) in the last 3 months. In the last 6 months, there have been 61 insider buys amounting to 159,595 shares and 65 insider sales amounting to 76,420 shares. In the past full year, 135 insider purchases were made (involving 336,449 shares) and 124 insider sell-offs equivalent to 141,183 shares.
Moving onto liquidity, Microchip Technology Incorporated (MCHP) has a Current Ratio of 0.93, a Quick Ratio of 0.63 and a Cash Ratio of 0.18. Looking at this company’s capital structure, its Total Debt to Total Equity is 194.93, its Total Debt to Total Capital is 66.09, and its Total Debt to Total Assets is now 56.17. Looking even further ahead into the future, its Long-Term Debt to Equity is 169.20 and its Long-Term Debt to Total Capital is 57.37.