Skyworks Solutions, Inc. (NASDAQ: SWKS) is -15.11% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SWKS stock was last observed hovering at around $98.77 in the last trading session, with the day’s loss setting it -3.34%.
Currently trading at $95.43, the stock is -3.98% and -8.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.05 million and changing -3.38% at the moment leaves the stock -7.99% off its SMA200. SWKS registered -3.21% loss for a year compared to 6-month gain of -10.50%. The firm has a 50-day simple moving average (SMA 50) of $104.2118 and a 200-day simple moving average (SMA200) of $103.64425.
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The stock witnessed a -12.92% loss in the last 1 month and extending the period to 3 months gives it a -10.78%, and is -3.34% down 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 3.06% over the month.
Skyworks Solutions, Inc. (SWKS) has around 9750 employees, a market worth around $15.24B and $4.37B in sales. Current P/E ratio is 19.69 and Fwd P/E is 14.91. Profit margin for the company is 17.85%. Distance from 52-week low is 12.19% and -21.04% from its 52-week high. The company has generated returns on investments over the last 12 months (10.38%).
with sales reaching $1.02B over the same period.The EPS is expected to shrink by -26.60% this year, but quarterly earnings will post -12.10% year-over-year. Quarterly sales are estimated to shrink -16.10% in year-over-year returns.
Skyworks Solutions, Inc. (SWKS) Top Institutional Holders
1212.0 institutions hold shares in Skyworks Solutions, Inc. (SWKS), with institutional investors hold 93.95% of the company’s shares. The shares outstanding are 159.50M, and float is at 159.15M with Short Float at 4.02%. Institutions hold 93.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.58 million shares valued at $2.09 billion. The investor’s holdings represent 12.204% of the SWKS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.78 million shares valued at $1.68 billion to account for 9.8392 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.8 million shares representing 4.8599% and valued at over $830.82 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.9022 of the shares totaling 4.66 million with a market value of $496.14 million.
Skyworks Solutions, Inc. (SWKS) Insider Activity
The most recent transaction is an insider sale by BORI CARLOS S, the company’s SVP, Sales & Marketing. SEC filings show that BORI CARLOS S sold 9,321 shares of the company’s common stock on Sep 13 ’24 at a price of $101.97 per share for a total of $0.95 million. Following the sale, the insider now owns 37203.0 shares.
Still, SEC filings show that on Aug 16 ’24, Kasnavi Reza (SVP, Tech. & Manufacturing) disposed off 1,843 shares at an average price of $107.47 for $0.2 million. The insider now directly holds 17,455 shares of Skyworks Solutions, Inc. (SWKS).