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The closing price of Skyworks Solutions, Inc. (NASDAQ: SWKS) was $95.08 for the day, up 0.15% from the previous closing price of $94.94. In other words, the price has increased by $0.15 from its previous closing price. On the day, 1.9 million shares were traded. SWKS stock price reached its highest trading level at $96.05 during the session, while it also had its lowest trading level at $93.97.
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 11.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.67. 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:
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 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 15185797120 and an Enterprise Value of 15117632512. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.62, and their Forward P/E ratio for the next fiscal year is 14.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.47 while its Price-to-Book (P/B) ratio in mrq is 2.40. Its current Enterprise Value per Revenue stands at 3.458 whereas that against EBITDA is 13.305.
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 -5.38%, while the 200-Day Moving Average is calculated to be -7.27%.
Shares Statistics:
SWKS traded an average of 2.15M shares per day over the past three months and 1726600 shares per day over the past ten days. 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 93.00% stake in the company. Shares short for SWKS as of 1727654400 were 6242518 with a Short Ratio of 2.90, 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 0.028649673The stock’s 5-year Average Dividend Yield is 1.89.