Skyworks Solutions, Inc (NASDAQ: SWKS) is -22.58% lower on its value in year-to-date trading and has touched a low of $86.65 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 $87.98 in the last trading session, with the day’s loss setting it -0.94%.
Currently trading at $87.04, the stock is -6.18% and -9.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.35 million and changing -1.07% at the moment leaves the stock -14.33% off its SMA200. SWKS registered -3.32% loss for a year compared to 6-month gain of -7.82%. The firm has a 50-day simple moving average (SMA 50) of $96.1726 and a 200-day simple moving average (SMA200) of $101.59915.
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The stock witnessed a -12.21% loss in the last 1 month and extending the period to 3 months gives it a -17.01%, and is -1.74% 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 2.15% over the week and 2.44% over the month.
Skyworks Solutions, Inc (SWKS) has around 9750 employees, a market worth around $13.90B and $4.37B in sales. Current P/E ratio is 17.96 and Fwd P/E is 11.46. Profit margin for the company is 17.85%. Distance from 52-week low is 0.45% and -27.98% 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 grow by 1.30% this year, but quarterly earnings will post -12.10% year-over-year. Quarterly sales are estimated to shrink -16.20% in year-over-year returns.
Skyworks Solutions, Inc (SWKS) Top Institutional Holders
1210.0 institutions hold shares in Skyworks Solutions, Inc (SWKS), with institutional investors hold 91.59% of the company’s shares. The shares outstanding are 159.50M, and float is at 159.16M with Short Float at 5.35%. Institutions hold 91.27% 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 TERRY ROBERT JOHN, the company’s SVP, Gen. Counsel & Secretary. SEC filings show that TERRY ROBERT JOHN sold 1,821 shares of the company’s common stock on Nov 08 ’24 at a price of $90.16 per share for a total of $0.16 million. Following the sale, the insider now owns 24567.0 shares.
Skyworks Solutions, Inc disclosed in a document filed with the SEC on Nov 08 ’24 that Kasnavi Reza (SVP, Tech. & Manufacturing) sold a total of 11,911 shares of the company’s common stock. The trade occurred on Nov 08 ’24 and was made at $89.84 per share for $1.07 million. Following the transaction, the insider now directly holds 20529.0 shares of the SWKS stock.
Still, SEC filings show that on Nov 12 ’24, ROBERT TERRY (Officer) Proposed Sale 1,915 shares at an average price of $86.82 for $0.17 million. The insider now directly holds shares of Skyworks Solutions, Inc (SWKS).
