At the time of writing, SkyWater Technology Inc [SKYT] stock is trading at $8.42, up 3.31%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SKYT shares have gain 9.42% over the last week, with a monthly amount drifted -13.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SkyWater Technology Inc [NASDAQ: SKYT] stock has seen the most recent analyst activity on February 27, 2024, when TD Cowen reiterated its Outperform rating and also boosted its price target to $15 from $12. Previously, Needham reaffirmed its Buy rating on February 27, 2024, and elevated its price target to $15. On April 26, 2022, Craig Hallum initiated with a Buy rating and assigned a price target of $10 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $23 on August 05, 2021. Needham initiated its recommendation with a Buy and recommended $40 as its price target on July 16, 2021. Piper Sandler started tracking with a Overweight rating for this stock on May 17, 2021, and assigned it a price target of $25. In a note dated May 17, 2021, Jefferies initiated an Buy rating and provided a target price of $27 on this stock.
For the past year, the stock price of SkyWater Technology Inc fluctuated between $5.63 and $19.00. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. SkyWater Technology Inc [NASDAQ: SKYT] shares were valued at $8.42 at the most recent close of the market. An investor can expect a potential return of 75.18% based on the average SKYT price forecast.
Analyzing the SKYT fundamentals
According to SkyWater Technology Inc [NASDAQ:SKYT], the company’s sales were 342.27M for trailing twelve months, which represents an -4.63% plunge. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.13 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 8.25 points at the first support level, and at 8.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.58, and for the 2nd resistance point, it is at 8.74.
Ratios To Look Out For
It is important to note that SkyWater Technology Inc [NASDAQ:SKYT] has a current ratio of 0.86. Further, the Quick Ratio stands at 0.76, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 1.17, the price to book ratio is 6.97.
Transactions by insiders
Recent insider trading involved GRAVES GREGORY B, Director, that happened on Mar 14 ’25 when 12844.0 shares were sold. 10% Owner, CMI Oxbow Partners, LLC completed a deal on Mar 14 ’25 to buy 1.43 million shares. Meanwhile, 10% Owner Unterseher Loren A bought 22090.0 shares on Mar 14 ’25.
