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Skyworks Solutions, Inc (NASDAQ: SWKS) closed the day trading at $89.40 down -0.84% from the previous closing price of $90.16. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 2.09 million shares were traded. SWKS stock price reached its highest trading level at $90.65 during the session, while it also had its lowest trading level at $89.09.
Ratios:
For a better understanding of SWKS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.62. For the most recent quarter (mrq), Quick Ratio is recorded 4.24 and its Current Ratio is at 5.54. 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 this company, B. Riley Securities on November 14, 2024, Reiterated its Buy rating but revised its target price to $110 from $120 previously.
On November 12, 2024, Loop Capital started tracking the stock assigning a Hold rating and target price of $90.
Barclays Downgraded its Equal Weight to Underweight on October 10, 2024, whereas the target price for the stock was revised from $115 to $87.
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 Nov 11 ’24 when TERRY ROBERT JOHN sold 10,522 shares for $88.01 per share. The transaction valued at 926,090 led to the insider holds 15,960 shares of the business.
TERRY ROBERT JOHN sold 1,915 shares of SWKS for $166,260 on Nov 12 ’24. The SVP, Gen. Counsel & Secretary now owns 14,045 shares after completing the transaction at $86.82 per share. On Nov 11 ’24, another insider, Kasnavi Reza, who serves as the SVP, Tech. & Manufacturing of the company, sold 3,059 shares for $87.96 each. As a result, the insider received 269,080 and left with 19,802 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 14370244608 and an Enterprise Value of 12786863104. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.19, and their Forward P/E ratio for the next fiscal year is 14.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 2.925 whereas that against EBITDA is 11.254.
Stock Price History:
The Beta on a monthly basis for SWKS is 1.14, which has changed by -0.10873866 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, SWKS has reached a high of $120.86, while it has fallen to a 52-week low of $82.13. The 50-Day Moving Average of the stock is 0.31%, while the 200-Day Moving Average is calculated to be -8.28%.
Shares Statistics:
Over the past 3-months, SWKS traded about 2.53M shares per day on average, while over the past 10 days, SWKS traded about 2567000 shares per day. A total of 160.74M shares are outstanding, with a floating share count of 160.08M. Insiders hold about 0.41% of the company’s shares, while institutions hold 90.95% stake in the company. Shares short for SWKS as of 1730332800 were 8510927 with a Short Ratio of 5.67, compared to 1727654400 on 6242518. Therefore, it implies a Short% of Shares Outstanding of 8510927 and a Short% of Float of 6.0599998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.91. The current Payout Ratio is 74.25% for SWKS, which recently paid a dividend on 2024-12-03 with an ex-dividend date of 1733184000. Stock splits for the company last occurred on 2000-04-20 when the company split stock in a 2:1 ratio.
