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In the latest session, Skyworks Solutions, Inc. (NASDAQ: SWKS) closed at $97.25 down -5.09% from its previous closing price of $102.47. In other words, the price has decreased by -$5.09 from its previous closing price. On the day, 3.19 million shares were traded. SWKS stock price reached its highest trading level at $100.12 during the session, while it also had its lowest trading level at $95.0.
Ratios:
For a deeper understanding of Skyworks Solutions, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.89. 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 this company, TD Cowen on July 31, 2024, Reiterated its Hold rating but revised its target price to $110 from $90 previously.
On July 31, 2024, Craig Hallum reiterated its Buy rating and also lowered its target price recommendation from $125 to $140.
B. Riley Securities Upgraded its Neutral to Buy on June 20, 2024, whereas the target price for the stock was revised from $96 to $130.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 16366104576 and an Enterprise Value of 15464216576. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.07, and their Forward P/E ratio for the next fiscal year is 15.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 3.537 whereas that against EBITDA is 13.61.
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 -9.80%, while the 200-Day Moving Average is calculated to be -6.34%.
Shares Statistics:
For the past three months, SWKS has traded an average of 2.47M shares per day and 2181510 over the past ten days. A total of 159.50M shares are outstanding, with a floating share count of 159.14M. Insiders hold about 0.36% of the company’s shares, while institutions hold 93.34% stake in the company. Shares short for SWKS as of 1724976000 were 6487518 with a Short Ratio of 2.63, compared to 1722384000 on 7680074. Therefore, it implies a Short% of Shares Outstanding of 6487518 and a Short% of Float of 4.62.
Dividends & Splits
According to the company, the forward annual dividend rate for SWKS is 2.74, from 2.72 in the trailing year. Against a Trailing Annual Dividend Yield of 0.026544355The stock’s 5-year Average Dividend Yield is 1.87.
