Centene Corp vs Microchip Technology Inc. — how do they compare? Centene Corp trades at $65.13 (market cap $32.89B), while Microchip Technology Inc. trades at $82.22 (market cap $44.20B). The key difference: Microchip Technology Inc. is the larger of the two by market cap, and Microchip Technology Inc. pays a 2.24% dividend while Centene Corp pays none. Which is the better fit depends on your goals.
| CNC | MCHP | |
|---|---|---|
Market Cap | $32.89B | $44.20B |
Sector | Health | Technology |
52-Week High | $68.72 | $102.97 |
52-Week Low | $26.17 | $49.02 |
Enterprise Value | $21.93B | $49.32B |
Dividend Yield | — | 2.24% |
Trailing returns across standard periods
Latest headlines on both assets
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 22 million medical members as of September 2021, mostly in Medicaid (68% of membership), the individual exchanges (10%), Medicare Advantage (6%), and the balance in Tricare (West region), correctional facility, and international plans. The company also serves 4 million users through the Medicare Part D pharmaceutical program.
Read more on CNC →Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →