Skyworks Solutions, Inc (NASDAQ: SWKS) is -20.26% lower on its value in year-to-date trading and has touched a low of $82.13 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 $89.41 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $89.64, the stock is 3.50% and -1.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing 0.26% at the moment leaves the stock -10.16% off its SMA200. SWKS registered -15.97% loss for a year compared to 6-month loss of -15.70%. The firm has a 50-day simple moving average (SMA 50) of $91.062 and a 200-day simple moving average (SMA200) of $99.83375.
The stock witnessed a 2.99% gain in the last 1 month and extending the period to 3 months gives it a -12.52%, and is 3.73% 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 2.98% over the week and 2.49% over the month.
Skyworks Solutions, Inc (SWKS) has around 10100 employees, a market worth around $14.34B and $4.18B in sales. Current P/E ratio is 24.25 and Fwd P/E is 14.22. Profit margin for the company is 14.27%. Distance from 52-week low is 9.14% and -25.83% from its 52-week high. The company has generated returns on investments over the last 12 months (7.93%).
The EPS is expected to shrink by -14.02% this year
1218.0 institutions hold shares in Skyworks Solutions, Inc (SWKS), with institutional investors hold 91.60% of the company’s shares. The shares outstanding are 159.90M, and float is at 159.26M with Short Float at 7.06%. Institutions hold 91.24% 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 10,522 shares of the company’s common stock on Nov 11 ’24 at a price of $88.01 per share for a total of $0.93 million. Following the sale, the insider now owns 15960.0 shares.
Skyworks Solutions, Inc disclosed in a document filed with the SEC on Nov 12 ’24 that TERRY ROBERT JOHN (SVP, Gen. Counsel & Secretary) sold a total of 1,915 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $86.82 per share for $0.17 million. Following the transaction, the insider now directly holds 14045.0 shares of the SWKS stock.
Still, SEC filings show that on Nov 11 ’24, Kasnavi Reza (SVP, Tech. & Manufacturing) disposed off 3,059 shares at an average price of $87.96 for $0.27 million. The insider now directly holds 19,802 shares of Skyworks Solutions, Inc (SWKS).
