Skyworks Solutions, Inc. (SWKS) concluded trading on Thursday at a closing price of $100.44, with 2.61 million shares of worth about $262.31 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.46% during that period and on September 12, 2024 the price saw a loss of about -1.39%. Currently the company’s common shares owned by public are about 159.50M shares, out of which, 159.14M shares are available for trading.
Stock saw a price change of -0.94% in past 5 days and over the past one month there was a price change of -5.87%. Year-to-date (YTD), SWKS shares are showing a performance of -10.66% which increased to 3.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $85.06 but also hit the highest price of $120.86 during that period. The average intraday trading volume for Skyworks Solutions, Inc. shares is 2.59 million. The stock is currently trading -4.45% below its 20-day simple moving average (SMA20), while that difference is down -6.99% for SMA50 and it goes to -3.21% lower than SMA200.
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Skyworks Solutions, Inc. (NASDAQ: SWKS) currently have 159.50M outstanding shares and institutions hold larger chunk of about 93.34% of that.
The stock has a current market capitalization of $16.04B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 20.72, while it has posted earnings per share of $4.85 in the same period. Its PEG reads 1.38 and has Quick Ratio of 4.29 while making debt-to-equity ratio of 0.19. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SWKS, volatility over the week remained 3.04% while standing at 2.81% over the month.
Stock’s fiscal year EPS is expected to drop by -26.60% while it is estimated to increase by 2.37% in next year. EPS is likely to grow at an annualized rate of 15.00% for next 5-years, compared to annual growth of 4.11% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on July 31, 2024 offering a Hold rating for the stock and assigned a target price range of between $90 and $110 to it. Coverage by Craig Hallum stated Skyworks Solutions, Inc. (SWKS) stock as a Buy in their note to investors on July 31, 2024, suggesting a price target of $140 for the stock. Stock get a Hold rating from The Benchmark Company on May 01, 2024.
