For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Skyworks Solutions, Inc.’s stock clocked out at $90.30, down -15.28% from its previous closing price of $106.59. In other words, the price has decreased by -$15.28 from its previous closing price. On the day, 9.09 million shares were traded. SWKS stock price reached its highest trading level at $94.0 during the session, while it also had its lowest trading level at $89.795.
Ratios:
To gain a deeper understanding of SWKS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.58. For the most recent quarter (mrq), Quick Ratio is recorded 3.51 and its Current Ratio is at 5.02. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.
On May 01, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $125 to $90.
Susquehanna Downgraded its Positive to Neutral on May 01, 2024, whereas the target price for the stock was revised from $125 to $90.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 14 ’23 when Durham Karilee A sold 3,189 shares for $110.00 per share. The transaction valued at 350,790 led to the insider holds 17,323 shares of the business.
Kasnavi Reza sold 5,289 shares of SWKS for $497,378 on Nov 17 ’23. The SVP, Tech. & Manufacturing now owns 19,078 shares after completing the transaction at $94.04 per share. On Nov 14 ’23, another insider, TERRY ROBERT JOHN, who serves as the SVP, Gen. Counsel & Secretary of the company, sold 4,457 shares for $91.65 each. As a result, the insider received 408,497 and left with 14,045 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 14488365056 and an Enterprise Value of 14256419840. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.01, and their Forward P/E ratio for the next fiscal year is 13.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 3.142 whereas that against EBITDA is 11.174.
Stock Price History:
Over the past 52 weeks, SWKS has reached a high of $115.69, while it has fallen to a 52-week low of $85.06. The 50-Day Moving Average of the stock is -13.27%, while the 200-Day Moving Average is calculated to be -12.01%.
Shares Statistics:
It appears that SWKS traded 2.40M shares on average per day over the past three months and 2994910 shares per day over the past ten days. A total of 160.44M shares are outstanding, with a floating share count of 159.86M. Insiders hold about 0.36% of the company’s shares, while institutions hold 86.73% stake in the company. Shares short for SWKS as of 1713139200 were 7167421 with a Short Ratio of 2.99, compared to 1710460800 on 5999693. Therefore, it implies a Short% of Shares Outstanding of 7167421 and a Short% of Float of 5.08.
Dividends & Splits
With its trailing 12-month dividend rate of 1.3, SWKS has a forward annual dividend rate of 2.66. Against a Trailing Annual Dividend Yield of 0.012196266The stock’s 5-year Average Dividend Yield is 1.84.
