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flag Microchip Technology's stock hit a 52-week low of $43.33 as Q4 earnings missed expectations.

flag Microchip Technology's stock hit a new 52-week low of $43.33 on Thursday, down from a close of $48.93. flag The semiconductor company's Q4 earnings per share ($0.13) missed analysts' expectations by $0.15. flag Despite this, Microchip Technology offers a range of microcontrollers and microprocessors for various applications and has a market cap of $19.48 billion. flag Analysts have a "Moderate Buy" consensus rating and a price target of $74.37.

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