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After finishing at $98.47 in the prior trading day, Skyworks Solutions, Inc. (NASDAQ: SWKS) closed at $97.62, down -0.86%. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 2.09 million shares were traded. SWKS stock price reached its highest trading level at $98.98 during the session, while it also had its lowest trading level at $97.04.
Ratios:
Our goal is to gain a better understanding of SWKS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.27. 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 January 31, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $115 to $125.
Piper Sandler Downgraded its Overweight to Neutral on January 04, 2024, while the target price for the stock was maintained at $90.
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 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 15662640128 and an Enterprise Value of 15807251456. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.30, and their Forward P/E ratio for the next fiscal year is 11.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.37 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 3.403 whereas that against EBITDA is 11.11.
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 -6.73%, while the 200-Day Moving Average is calculated to be -5.27%.
Shares Statistics:
The stock has traded on average 2.40M shares per day over the past 3-months and 1961790 shares per day over the last 10 days, according to various share statistics. 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 87.33% stake in the company. Shares short for SWKS as of 1711584000 were 6448995 with a Short Ratio of 2.68, compared to 1709164800 on 4603764. Therefore, it implies a Short% of Shares Outstanding of 6448995 and a Short% of Float of 4.5700002.
Dividends & Splits
In the trailing 12 months, SWKS’s forward annual dividend rate was 2.6, compared to 2.66 this year. The stock’s 5-year Average Dividend Yield is 1.82.
Earnings Estimates
Skyworks Solutions, Inc. (SWKS) is currently under the scrutiny of Skyworks Solutions, Inc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $89.32, with high estimates of $5.27 and low estimates of $2.29.
Analysts are recommending an EPS of between $Consumer Cyclical and $Technology for the fiscal current year, implying an average EPS of $Industrials.
