Microchip Technology Inc (NASDAQ: MCHP) has reported E.P.S. of $-0.10 for its third fiscal quarter (ending December 31) versus $0.78 for the same period a year ago — a decline of -113%. For the latest four quarters through December 31, E.P.S. were $0.58 compared to $4.33 a year ago — a decline of -87%.
Recent Price Action
Microchip Technology Inc (NASDAQ: MCHP) stock closed at $53.11 on 2/6/25 after a slight decline of -0.7%. Moreover, above average trading volume at 147% of normal accompanied the decline. The stock has declined -5.2% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Microchip Technology has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Microchip Technology has a poor Appreciation Score of 19 and a very low Power Rating of 3, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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