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After finishing at $88.91 in the prior trading day, Skyworks Solutions, Inc (NASDAQ: SWKS) closed at $87.95, down -1.08%. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 1.57 million shares were traded. SWKS stock price reached its highest trading level at $89.33 during the session, while it also had its lowest trading level at $87.185.
Ratios:
Our goal is to gain a better understanding of SWKS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.08. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 5.75. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on October 10, 2024, Downgraded its rating to Underweight and sets its target price to $87 from $115 previously.
On July 31, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $90 to $110.
Craig Hallum reiterated its Buy rating for the stock on July 31, 2024, while the target price for the stock was revised from $125 to $140.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 14 ’24 when BORI CARLOS S sold 10,177 shares for $97.63 per share. The transaction valued at 993,616 led to the insider holds 27,026 shares of the business.
CARLOS S BORI bought 10,177 shares of SWKS for $993,606 on Oct 14 ’24. On Sep 13 ’24, another insider, BORI CARLOS S, who serves as the SVP, Sales & Marketing of the company, sold 9,321 shares for $101.97 each. As a result, the insider received 950,462 and left with 37,203 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SWKS now has a Market Capitalization of 14206034944 and an Enterprise Value of 13978854400. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.15, and their Forward P/E ratio for the next fiscal year is 13.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.26 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 3.198 whereas that against EBITDA is 12.303.
Stock Price History:
Over the past 52 weeks, SWKS has reached a high of $120.86, while it has fallen to a 52-week low of $85.74. The 50-Day Moving Average of the stock is -10.53%, while the 200-Day Moving Average is calculated to be -13.90%.
Shares Statistics:
The stock has traded on average 2.02M shares per day over the past 3-months and 2189340 shares per day over the last 10 days, according to various share statistics. A total of 159.50M shares are outstanding, with a floating share count of 159.16M. Insiders hold about 0.35% of the company’s shares, while institutions hold 93.12% stake in the company. Shares short for SWKS as of 1728950400 were 6625306 with a Short Ratio of 3.29, compared to 1726185600 on 6400869. Therefore, it implies a Short% of Shares Outstanding of 6625306 and a Short% of Float of 4.7199998.
Dividends & Splits
In the trailing 12 months, SWKS’s forward annual dividend rate was 2.72, compared to 2.74 this year. Against a Trailing Annual Dividend Yield of 0.030592734The stock’s 5-year Average Dividend Yield is 1.91.