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Skyworks Solutions, Inc. (NASDAQ: SWKS) closed the day trading at $92.51 up 3.11% from the previous closing price of $89.72. In other words, the price has increased by $3.11 from its previous closing price. On the day, 3.56 million shares were traded. SWKS stock price reached its highest trading level at $93.49 during the session, while it also had its lowest trading level at $90.91.
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 12.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.30. For the most recent quarter (mrq), Quick Ratio is recorded 3.81 and its Current Ratio is at 5.19. 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:
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 May 02 ’24 when GRIFFIN LIAM bought 11,142 shares for $90.00 per share. The transaction valued at 1,002,780 led to the insider holds 104,153 shares of the business.
Durham Karilee A sold 3,189 shares of SWKS for $350,790 on Dec 14 ’23. The SVP, Human Resources now owns 17,323 shares after completing the transaction at $110.00 per share. On Nov 17 ’23, another insider, Kasnavi Reza, who serves as the SVP, Tech. & Manufacturing of the company, sold 5,289 shares for $94.04 each. As a result, the insider received 497,378 and left with 19,078 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 14842952704 and an Enterprise Value of 14834415616. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.38, and their Forward P/E ratio for the next fiscal year is 14.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 3.269 whereas that against EBITDA is 11.628.
Stock Price History:
The Beta on a monthly basis for SWKS is 1.29, which has changed by -0.14747244 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. 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 -10.68%, while the 200-Day Moving Average is calculated to be -9.64%.
Shares Statistics:
Over the past 3-months, SWKS traded about 2.47M shares per day on average, while over the past 10 days, SWKS traded about 3176620 shares per day. A total of 160.45M shares are outstanding, with a floating share count of 159.85M. Insiders hold about 0.36% of the company’s shares, while institutions hold 87.23% stake in the company. Shares short for SWKS as of 1713139200 were 7167421 with a Short Ratio of 2.91, 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
SWKS’s forward annual dividend rate is 2.66, up from 2.66 a year ago. Against a Trailing Annual Dividend Yield of 0.029647794The stock’s 5-year Average Dividend Yield is 1.84. The current Payout Ratio is 41.43% for SWKS, which recently paid a dividend on 2024-02-16 with an ex-dividend date of 1716163200. Stock splits for the company last occurred on 2000-04-20 when the company split stock in a 2:1 ratio.
