In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, SkyWater Technology Inc’s stock clocked out at $8.34, down -10.61% from its previous closing price of $9.33. In other words, the price has decreased by -$10.61 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
To gain a deeper understanding of SKYT’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 21.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13248.35. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 0.60.
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 February 27, 2024, Reiterated its Outperform rating but revised its target price to $15 from $12 previously.
On February 27, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $13 to $15.
On April 26, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $10.Craig Hallum initiated its Buy rating on April 26, 2022, with a $10 target price.
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 13 ’24 when Unterseher Loren A sold 7,761 shares for $9.27 per share. The transaction valued at 71,916 led to the insider holds 12,806,264 shares of the business.
Unterseher Loren A sold 100,000 shares of SKYT for $937,740 on Dec 06 ’24. The Director now owns 12,919,620 shares after completing the transaction at $9.38 per share. On Dec 09 ’24, another insider, Unterseher Loren A, who serves as the Director of the company, sold 61,299 shares for $9.38 each. As a result, the insider received 575,224 and left with 12,858,321 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 6.91.
Stock Price History:
Over the past 52 weeks, SKYT has reached a high of $19.00, while it has fallen to a 52-week low of $5.63. The 50-Day Moving Average of the stock is -27.04%, while the 200-Day Moving Average is calculated to be -9.88%.
Shares Statistics:
A total of 47.70M shares are outstanding, with a floating share count of 22.56M. Insiders hold about 52.66% of the company’s shares, while institutions hold 28.22% stake in the company.
Earnings Estimates
The company has 5.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.04 and low estimates of -$0.1.
Analysts are recommending an EPS of between $0.03 and $0.01 for the fiscal current year, implying an average EPS of $0.02. EPS for the following year is $0.17, with 4.0 analysts recommending between $0.33 and $0.05.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $61.04M. It ranges from a high estimate of $61.1M to a low estimate of $61M. As of the current estimate, SkyWater Technology Inc’s year-ago sales were $79.64MFor the next quarter, 5 analysts are estimating revenue of $69.38M. There is a high estimate of $72.1M for the next quarter, whereas the lowest estimate is $65.9M.
A total of 5 analysts have provided revenue estimates for SKYT’s current fiscal year. The highest revenue estimate was $312.9M, while the lowest revenue estimate was $305.5M, resulting in an average revenue estimate of $309.04M. In the same quarter a year ago, actual revenue was $342.27MBased on 4 analysts’ estimates, the company’s revenue will be $379.05M in the next fiscal year. The high estimate is $411.3M and the low estimate is $357.7M.
