Skyworks Solutions, Inc. [SWKS] stock prices are up 2.31% to $107.38 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SWKS shares have gain 1.02% over the last week, with a monthly amount glided 17.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Skyworks Solutions, Inc. [NASDAQ: SWKS] stock has seen the most recent analyst activity on June 20, 2024, when B. Riley Securities upgraded its rating to a Buy and also boosted its price target to $130 from $96. Previously, Wolfe Research downgraded its rating to Peer Perform on May 09, 2024. On May 01, 2024, downgrade downgraded it’s rating to Hold. TD Cowen downgraded its rating to a Hold and decreased its price target to $90 on May 01, 2024. Susquehanna downgraded its rating to a Neutral and reduced its price target to $90 on May 01, 2024. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on April 08, 2024. In a note dated January 31, 2024, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $115 to $125.
The stock price of Skyworks Solutions, Inc. [SWKS] has been fluctuating between $85.06 and $115.69 over the past year. Currently, Wall Street analysts expect the stock to reach $132.64 within the next 12 months. Skyworks Solutions, Inc. [NASDAQ: SWKS] shares were valued at $107.38 at the most recent close of the market. An investor can expect a potential return of 23.52% based on the average SWKS price forecast.
Analyzing the SWKS fundamentals
The Skyworks Solutions, Inc. [NASDAQ:SWKS] reported sales of 4.54B for trailing twelve months, representing a drop of -9.29%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.14 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 105.58 points at the first support level, and at 103.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 108.64, and for the 2nd resistance point, it is at 109.91.
Ratios To Look Out For
It’s worth pointing out that Skyworks Solutions, Inc. [NASDAQ:SWKS]’s Current Ratio is 5.19. On the other hand, the Quick Ratio is 3.81, and the Cash Ratio is 1.99. Considering the valuation of this stock, the price to sales ratio is 3.80, the price to book ratio is 2.71 and price to earnings (TTM) ratio is 20.18.
Transactions by insiders
Recent insider trading involved SCHRIESHEIM ROBERT A, Director, that happened on May 30 ’24 when 25433.0 shares were sold. Chairman, CEO and President, GRIFFIN LIAM completed a deal on May 02 ’24 to buy 11142.0 shares. Meanwhile, SVP, Human Resources Durham Karilee A sold 3189.0 shares on Dec 14 ’23.
