At the time of writing, Skyworks Solutions, Inc. [SWKS] stock is trading at $100.07, up 2.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SWKS shares have gain 0.61% over the last week, with a monthly amount drifted -7.08%, and not 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 July 31, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $110 from $90. Previously, Craig Hallum reaffirmed its Buy rating on July 31, 2024, and elevated its price target to $140. On June 20, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $130 on the stock. Wolfe Research downgraded its rating to a Peer Perform. The Benchmark Company downgraded its rating to a Hold. TD Cowen downgraded its rating to Hold for this stock on May 01, 2024, and downed its price target to $90. In a note dated May 01, 2024, Susquehanna downgraded an Neutral rating on this stock and revised its target price from $125 to $90.
For the past year, the stock price of Skyworks Solutions, Inc. fluctuated between $85.06 and $120.86. Currently, Wall Street analysts expect the stock to reach $133.74 within the next 12 months. Skyworks Solutions, Inc. [NASDAQ: SWKS] shares were valued at $100.07 at the most recent close of the market. An investor can expect a potential return of 33.65% based on the average SWKS price forecast.
Analyzing the SWKS fundamentals
According to Skyworks Solutions, Inc. [NASDAQ:SWKS], the company’s sales were 4.37B for trailing twelve months, which represents an -15.47% plunge. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.12 and Total Capital is 0.11. 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 97.73 points at the first support level, and at 95.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.55, and for the 2nd resistance point, it is at 103.02.
Ratios To Look Out For
It is important to note that Skyworks Solutions, Inc. [NASDAQ:SWKS] has a current ratio of 5.75. As well, the Quick Ratio is 4.29, while the Cash Ratio is 2.24. Considering the valuation of this stock, the price to sales ratio is 3.66, the price to book ratio is 2.52 and price to earnings (TTM) ratio is 20.65.
Transactions by insiders
Recent insider trading involved BORI CARLOS S, SVP, Sales & Marketing, that happened on Sep 13 ’24 when 9321.0 shares were sold. Officer, CARLOS S BORI completed a deal on Sep 13 ’24 to buy 9321.0 shares. Meanwhile, SVP, Tech. & Manufacturing Kasnavi Reza sold 1843.0 shares on Aug 16 ’24.
