Microchip Technology (NASDAQ:MCHP) Posts Earnings Results, Misses Expectations By $0.15 EPS

Microchip Technology (NASDAQ:MCHP) posted its earnings results on Thursday. The semiconductor company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.15), Zacks reports. Microchip Technology had a net margin of 14.22% and a return on equity of 19.47%. Microchip Technology updated its Q4 2025 guidance to 0.050-0.150 EPS.

Microchip Technology Trading Down 2.1 %

NASDAQ MCHP traded down $1.10 during trading hours on Friday, reaching $52.01. The company had a trading volume of 4,620,839 shares, compared to its average volume of 8,613,820. Microchip Technology has a 1-year low of $50.93 and a 1-year high of $100.57. The stock has a market capitalization of $27.93 billion, a P/E ratio of 36.39 and a beta of 1.50. The stock has a 50-day moving average of $58.04 and a 200 day moving average of $70.26. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 0.71.

Microchip Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Monday, February 24th will be issued a $0.455 dividend. This represents a $1.82 annualized dividend and a yield of 3.50%. Microchip Technology’s dividend payout ratio (DPR) is currently 127.27%.

Analyst Ratings Changes

MCHP has been the subject of a number of analyst reports. Evercore ISI reiterated an “outperform” rating and issued a $95.00 price objective (down previously from $101.00) on shares of Microchip Technology in a research report on Wednesday, November 6th. StockNews.com raised Microchip Technology from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Bank of America lowered shares of Microchip Technology from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $80.00 to $65.00 in a research report on Monday, December 16th. Stifel Nicolaus reduced their price objective on Microchip Technology from $90.00 to $87.00 and set a “buy” rating for the company in a research note on Tuesday, December 3rd. Finally, Jefferies Financial Group dropped their price objective on shares of Microchip Technology from $100.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $78.61.

About Microchip Technology

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.