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The closing price of Skyworks Solutions, Inc. (NASDAQ: SWKS) was $96.44 for the day, down -1.39% from the previous closing price of $97.80. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 2.02 million shares were traded. SWKS stock price reached its highest trading level at $96.49 during the session, while it also had its lowest trading level at $93.28.
Ratios:
Our analysis of SWKS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.81. 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 Oct-11-24, 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 13 ’24 when BORI CARLOS S sold 9,321 shares for $101.97 per share. The transaction valued at 950,462 led to the insider holds 37,203 shares of the business.
CARLOS S BORI bought 9,321 shares of SWKS for $950,444 on Sep 13 ’24. On Aug 16 ’24, another insider, Kasnavi Reza, who serves as the SVP, Tech. & Manufacturing of the company, sold 1,843 shares for $107.47 each. As a result, the insider received 198,067 and left with 17,455 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 15403011072 and an Enterprise Value of 15552061440. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.90, and their Forward P/E ratio for the next fiscal year is 8.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.52 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 3.557 whereas that against EBITDA is 13.688.
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 $85.06. The 50-Day Moving Average of the stock is -5.05%, while the 200-Day Moving Average is calculated to be -6.47%.
Shares Statistics:
SWKS traded an average of 2.35M shares per day over the past three months and 1885590 shares per day over the past ten days. A total of 159.50M shares are outstanding, with a floating share count of 159.15M. Insiders hold about 0.35% of the company’s shares, while institutions hold 93.31% stake in the company. Shares short for SWKS as of 1727654400 were 6242518 with a Short Ratio of 2.66, compared to 1724976000 on 6487518. Therefore, it implies a Short% of Shares Outstanding of 6242518 and a Short% of Float of 4.44.
Dividends & Splits
With its trailing 12-month dividend rate of 2.72, SWKS has a forward annual dividend rate of 2.74. Against a Trailing Annual Dividend Yield of 0.02781186The stock’s 5-year Average Dividend Yield is 1.89.
