Skyworks Solutions, Inc (NASDAQ: SWKS) is -44.52% lower on its value in year-to-date trading and has touched a low of $49.80 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 $53.38 in the last trading session, with the day’s loss setting it -4.18%.
Currently trading at $49.20, the stock is -23.90% and -28.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.32 million and changing -7.83% at the moment leaves the stock -45.78% off its SMA200. SWKS registered -53.36% loss for a year compared to 6-month loss of -49.19%. The firm has a 50-day simple moving average (SMA 50) of $68.9492 and a 200-day simple moving average (SMA200) of $90.74525.
The stock witnessed a -31.71% gain in the last 1 month and extending the period to 3 months gives it a -45.88%, and is -23.86% 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 10.13% over the week and 4.51% over the month.
Skyworks Solutions, Inc (SWKS) has around 10100 employees, a market worth around $7.56B and $4.04B in sales. Current P/E ratio is 15.08 and Fwd P/E is 11.91. Profit margin for the company is 13.02%. Distance from 52-week low is -1.20% and -59.29% from its 52-week high. The company has generated returns on investments over the last 12 months (6.95%).
The EPS is expected to shrink by -23.31% this year.
Skyworks Solutions, Inc (SWKS) Top Institutional Holders
1189.0 institutions hold shares in Skyworks Solutions, Inc (SWKS), with institutional investors hold 102.04% of the company’s shares. The shares outstanding are 160.70M, and float is at 152.94M with Short Float at 9.03%. Institutions hold 101.62% 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 purchase by BRACE PHILIP G, the company’s CEO and President. SEC filings show that BRACE PHILIP G bought 10,000 shares of the company’s common stock on Feb 25 ’25 at a price of $66.13 per share for a total of $0.66 million. Following the purchase, the insider now owns 10000.0 shares.
Skyworks Solutions, Inc disclosed in a document filed with the SEC on Nov 11 ’24 that TERRY ROBERT JOHN (SVP, Gen. Counsel & Secretary) sold a total of 10,522 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $88.01 per share for $0.93 million. Following the transaction, the insider now directly holds 15960.0 shares of the SWKS stock.
Still, SEC filings show that on Nov 12 ’24, TERRY ROBERT JOHN (SVP, Gen. Counsel & Secretary) disposed off 1,915 shares at an average price of $86.82 for $0.17 million. The insider now directly holds 14,045 shares of Skyworks Solutions, Inc (SWKS).
