Professional
Added to YB: 2025-04-14
Pitch date: 2025-04-10
MCHP [bullish]
Microchip Technology Incorporated
+82.78%
current return
Author Info
No bio for this author
Company Info
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.
Market Cap
$36.3B
Pitch Price
$36.05
Price Target
N/A
Dividend
2.71%
EV/EBITDA
44.35
P/E
-148.42
EV/Sales
9.85
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
ClearBridge Mid Cap Strategy Portfolio new position: Microchip Technology Incorporated
MCHP (new position): Added position. Microchip Tech supplies mixed-signal microprocessors for auto, industrial & computing. CEO return rebuilding customer relationships, recovering market share. Attractive cyclical improvement story w/ asset optimization & good business visibility. Recent stock weakness provided entry opportunity.
Read full article (1 min)