The price of Skyworks Solutions Inc. (NASDAQ: SWKS) closed at $113.23 in the last session, up 1.76% from day before closing price of $111.27. In other words, the price has increased by $+1.96 from its previous closing price. On the day, 2053341 shares were traded. SWKS stock price reached its highest trading level at $114.33 during the session, while it also had its lowest trading level at $111.39.
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Ratios:
We take a closer look at SWKS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
On January 23, 2023, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $95 to $125.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 10 when Kasnavi Reza sold 3,000 shares for $120.03 per share. The transaction valued at 360,090 led to the insider holds 16,994 shares of the business.
Durham Karilee A sold 2,716 shares of SWKS for $298,760 on Jan 23. The SVP, Human Resources now owns 13,428 shares after completing the transaction at $110.00 per share. On Dec 13, another insider, TERRY ROBERT JOHN, who serves as the SVP, Gen. Counsel & Secretary of the company, sold 3,500 shares for $100.60 each. As a result, the insider received 352,100 and left with 11,187 shares of the company.
Valuation Measures:
As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.46, and their Forward P/E ratio for the next fiscal year is 10.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 3.26.
Stock Price History:
Over the past 52 weeks, SWKS has reached a high of $141.26, while it has fallen to a 52-week low of $76.16. The 50-Day Moving Average of the stock is 109.28, while the 200-Day Moving Average is calculated to be 99.78.
Shares Statistics:
According to the various share statistics, SWKS traded on average about 2.09M shares per day over the past 3-months and 1.68M shares per day over the past 10 days. A total of 159.80M shares are outstanding, with a floating share count of 158.33M. Insiders hold about 0.20% of the company’s shares, while institutions hold 78.90% stake in the company. Shares short for SWKS as of Jan 30, 2023 were 2.59M with a Short Ratio of 2.97M, compared to 3M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.63% and a Short% of Float of 1.84%.
Dividends & Splits
The forward annual dividend rate for SWKS is 2.48, which was 1.94 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.74%, it implies a Forward Annual Dividend Yield of 2.05%. The stock’s 5-year Average Dividend Yield is 1.62. The current Payout Ratio is 32.10% for SWKS, which recently paid a dividend on Mar 20, 2023 with an ex-dividend date of Feb 26, 2023. Stock splits for the company last occurred on Apr 19, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 23 analysts who recommend its stock at the moment. On average, analysts expect EPS of $2.03 for the current quarter, with a high estimate of $2.09 and a low estimate of $2.01, while EPS last year was $2.63. The consensus estimate for the next quarter is $2.08, with high estimates of $2.25 and low estimates of $1.91.
Analysts are recommending an EPS of between $10.64 and $7.91 for the fiscal current year, implying an average EPS of $9.41. EPS for the following year is $10.78, with 26 analysts recommending between $12.14 and $9.06.
Revenue Estimates
According to 21 analysts, the current quarter’s revenue is expected to be $1.15B. It ranges from a high estimate of $1.16B to a low estimate of $1.14B. As of the current estimate, Skyworks Solutions Inc.’s year-ago sales were $1.34B, an estimated decrease of -13.90% from the year-ago figure. For the next quarter, 21 analysts are estimating revenue of $1.16B, a decrease of -6.20% over than the figure of -$13.90% in the same quarter last year. There is a high estimate of $1.22B for the next quarter, whereas the lowest estimate is $1.09B.
A total of 28 analysts have provided revenue estimates for SWKS’s current fiscal year. The highest revenue estimate was $5.3B, while the lowest revenue estimate was $4.85B, resulting in an average revenue estimate of $5.01B. In the same quarter a year ago, actual revenue was $5.49B, down -8.70% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $5.47B in the next fiscal year. The high estimate is $5.93B and the low estimate is $5.09B. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.
