Skyworks Solutions, Inc. (SWKS) concluded trading on Wednesday at a closing price of $89.99, with 4.13 million shares of worth about $371.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.35% during that period and on October 30, 2024 the price saw a loss of about -8.21%. Currently the company’s common shares owned by public are about 159.50M shares, out of which, 159.16M shares are available for trading.
Stock saw a price change of -5.22% in past 5 days and over the past one month there was a price change of -5.71%. Year-to-date (YTD), SWKS shares are showing a performance of -19.96% which increased to 4.09% 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 2.10 million. The stock is currently trading -6.80% below its 20-day simple moving average (SMA20), while that difference is down -9.53% for SMA50 and it goes to -12.10% 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 93.12% of that.
The stock has a current market capitalization of $14.37B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 18.57, while it has posted earnings per share of $4.85 in the same period. Its PEG reads 1.60 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 2.67% while standing at 2.52% over the month.
Stock’s fiscal year EPS is expected to drop by -26.60% while it is estimated to increase by 1.70% in next year. EPS is likely to grow at an annualized rate of 11.60% 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 Barclays on October 10, 2024 offering an Underweight rating for the stock and assigned a target price range of between $115 and $87 to it. Coverage by TD Cowen stated Skyworks Solutions, Inc. (SWKS) stock as a Hold in their note to investors on July 31, 2024, suggesting a price target of $110 for the stock. On July 31, 2024, Craig Hallum Reiterated their recommendations, while on June 20, 2024, B. Riley Securities Upgrade their ratings for the stock with a price target of $130. Stock get a Peer perform rating from Wolfe Research on May 09, 2024.
