The closing price of Skyworks Solutions, Inc. (NASDAQ: SWKS) was $103.53 for the day, up 0.43% from the previous closing price of $103.09. In other words, the price has increased by $+0.44 from its previous closing price. On the day, 1849569 shares were traded. SWKS stock price reached its highest trading level at $104.18 during the session, while it also had its lowest trading level at $101.89.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
Our analysis of SWKS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.82. 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.
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 January 31, 2024, Reiterated its Outperform rating but revised its target price to $125 from $115 previously.
On January 04, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $90.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 16.52B and an Enterprise Value of 16.69B. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.35, and their Forward P/E ratio for the next fiscal year is 12.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.57 while its Price-to-Book (P/B) ratio in mrq is 2.66. Its current Enterprise Value per Revenue stands at 3.59 whereas that against EBITDA is 10.48.
Stock Price History:
Over the past 52 weeks, SWKS has reached a high of $118.42, while it has fallen to a 52-week low of $85.06. The 50-Day Moving Average of the stock is 104.66, while the 200-Day Moving Average is calculated to be 103.25.
Shares Statistics:
SWKS traded an average of 2.30M shares per day over the past three months and 3.99M shares per day over the past ten days. A total of 160.23M shares are outstanding, with a floating share count of 159.65M. Insiders hold about 0.36% of the company’s shares, while institutions hold 87.64% stake in the company. Shares short for SWKS as of Feb 29, 2024 were 4.6M with a Short Ratio of 2.00, compared to 4.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.87% and a Short% of Float of 3.26%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.60, SWKS has a forward annual dividend rate of 2.66. Against a Trailing Annual Dividend Yield of 2.52%, it implies a Forward Annual Dividend Yield of 2.64%. The stock’s 5-year Average Dividend Yield is 1.81. The current Payout Ratio is 41.43% for SWKS, which recently paid a dividend on Mar 12, 2024 with an ex-dividend date of Feb 16, 2024. Stock splits for the company last occurred on Apr 20, 2000 when the company split stock in a 2:1 ratio.
