At the time of writing, Skyworks Solutions, Inc [SWKS] stock is trading at $90.34, up 0.16%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SWKS shares have gain 1.68% over the last week, with a monthly amount glided 3.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Skyworks Solutions, Inc [NASDAQ: SWKS] stock has seen the most recent analyst activity on November 14, 2024, when B. Riley Securities reiterated its Buy rating and also revised its price target to $110 from $120. Previously, Loop Capital started tracking the stock with Hold rating on November 12, 2024, and set its price target to $90. On October 10, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $87 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $110 on July 31, 2024. Craig Hallum reiterated its recommendation of a Buy and raised its price target to $140 on July 31, 2024. B. Riley Securities upgraded its rating to Buy for this stock on June 20, 2024, and upped its price target to $130. In a note dated May 09, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.
For the past year, the stock price of Skyworks Solutions, Inc fluctuated between $82.13 and $120.86. Currently, Wall Street analysts expect the stock to reach $100 within the next 12 months. Skyworks Solutions, Inc [NASDAQ: SWKS] shares were valued at $90.34 at the most recent close of the market. An investor can expect a potential return of 10.69% based on the average SWKS price forecast.
Analyzing the SWKS fundamentals
According to Skyworks Solutions, Inc [NASDAQ:SWKS], the company’s sales were 4.18B for trailing twelve months, which represents an -15.91% plunge. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.09 and Total Capital is 0.08. 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 89.04 points at the first support level, and at 87.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.09, and for the 2nd resistance point, it is at 91.84.
Ratios To Look Out For
It is important to note that Skyworks Solutions, Inc [NASDAQ:SWKS] has a current ratio of 5.54. Also, the Quick Ratio is 4.24, while the Cash Ratio stands at 2.27. Considering the valuation of this stock, the price to sales ratio is 3.46, the price to book ratio is 2.28 and price to earnings (TTM) ratio is 24.44.
Transactions by insiders
Recent insider trading involved TERRY ROBERT JOHN, SVP, Gen. Counsel & Secretary, that happened on Nov 11 ’24 when 10522.0 shares were sold. SVP, Gen. Counsel & Secretary, TERRY ROBERT JOHN completed a deal on Nov 12 ’24 to sell 1915.0 shares. Meanwhile, SVP, Tech. & Manufacturing Kasnavi Reza sold 3059.0 shares on Nov 11 ’24.
