Skyworks Solutions, Inc. (NASDAQ: SWKS) is 4.69% higher on its value in year-to-date trading and has touched a low of $85.06 and a high of $120.86 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SWKS stock was last observed hovering at around $117.41 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $117.69, the stock is 4.61% and 13.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.33 million and changing 0.24% at the moment leaves the stock 15.74% off its SMA200. SWKS registered 3.09% gain for a year compared to 6-month gain of 10.87%.
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The stock witnessed a 10.42% loss in the last 1 month and extending the period to 3 months gives it a 9.11%, and is 0.16% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.97% over the week and 2.84% over the month.
Skyworks Solutions, Inc. (SWKS) has around 9750 employees, a market worth around $18.88B and $4.54B in sales. Current P/E ratio is 22.12 and Fwd P/E is 17.81. Profit margin for the company is 18.85%. Distance from 52-week low is 38.36% and -2.62% from its 52-week high. The company has generated returns on investments over the last 12 months (11.33%).
The EPS is expected to shrink by -26.46% this year.
Skyworks Solutions, Inc. (SWKS) Top Institutional Holders
The shares outstanding are 160.45M, and float is at 159.86M with Short Float at 4.94%.
Skyworks Solutions, Inc. (SWKS) Insider Activity
The most recent transaction is an insider sale by Carter Philip Matthew,the company’sVP, Corp. Controller. SEC filings show that Carter Philip Matthew sold 452 shares of the company’s common stock on Jul 16 ’24 at a price of $120.00 per share for a total of $54240.0. Following the sale, the insider now owns 9112.0 shares.
Skyworks Solutions, Inc. disclosed in a document filed with the SEC on Jul 10 ’24 that Carter Philip Matthew (VP, Corp. Controller) sold a total of 452 shares of the company’s common stock. The trade occurred on Jul 10 ’24 and was made at $110.00 per share for $49720.0. Following the transaction, the insider now directly holds 9564.0 shares of the SWKS stock.
Still, SEC filings show that on May 30 ’24, SCHRIESHEIM ROBERT A (Director) disposed off 25,433 shares at an average price of $90.27 for $2.3 million. The insider now directly holds 60,881 shares of Skyworks Solutions, Inc. (SWKS).
