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In the latest session, Skyworks Solutions, Inc. (NASDAQ: SWKS) closed at $116.56 down -3.41% from its previous closing price of $120.68. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 4.47 million shares were traded. SWKS stock price reached its highest trading level at $120.12 during the session, while it also had its lowest trading level at $116.45.
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 15.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.72. 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.
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 the company, B. Riley Securities on June 20, 2024, Upgraded its rating to Buy and sets its target price to $130 from $96 previously.
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 Jul 10 ’24 when Carter Philip Matthew sold 452 shares for $110.00 per share. The transaction valued at 49,720 led to the insider holds 9,564 shares of the business.
SCHRIESHEIM ROBERT A sold 25,433 shares of SWKS for $2,295,837 on May 30 ’24. The Director now owns 60,881 shares after completing the transaction at $90.27 per share. On May 02 ’24, another insider, GRIFFIN LIAM, who serves as the Chairman, CEO and President of the company, bought 11,142 shares for $90.00 each. As a result, the insider paid 1,002,780 and bolstered with 104,153 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 19374368768 and an Enterprise Value of 18693156864. As of this moment, Skyworks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.90, and their Forward P/E ratio for the next fiscal year is 17.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.12 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 4.12 whereas that against EBITDA is 14.652.
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 17.16%, while the 200-Day Moving Average is calculated to be 15.56%.
Shares Statistics:
For the past three months, SWKS has traded an average of 2.59M shares per day and 2806937 over the past ten days. A total of 160.45M shares are outstanding, with a floating share count of 159.86M. Insiders hold about 0.37% of the company’s shares, while institutions hold 92.72% stake in the company. Shares short for SWKS as of 1719532800 were 8212107 with a Short Ratio of 3.17, compared to 1717113600 on 6979321. Therefore, it implies a Short% of Shares Outstanding of 8212107 and a Short% of Float of 5.81.
Dividends & Splits
According to the company, the forward annual dividend rate for SWKS is 2.72, from 2.66 in the trailing year. Against a Trailing Annual Dividend Yield of 0.022041764The stock’s 5-year Average Dividend Yield is 1.86.
