Skyworks Solutions Inc. [SWKS] Stock trading around $130.74 per share: What’s Next?

Skyworks Solutions Inc. [NASDAQ: SWKS] price surged by 1.83 percent to reach at $2.35. A sum of 1793087 shares traded at recent session while its average daily volume was at 2.45M shares. Skyworks Solutions Inc. shares reached a high of $131.98 and dropped to a low of $129.18 until finishing in the latest session at $130.74.

The one-year SWKS stock forecast points to a potential downside of -12.02. The average equity rating for SWKS stock is currently 2.20, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Skyworks Solutions Inc. [SWKS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SWKS shares is $116.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SWKS stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Skyworks Solutions Inc. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on June 16, 2020. While these analysts kept the previous recommendation, Craig Hallum dropped their target price from $130 to $110. The new note on the price target was released on March 30, 2020, representing the official price target for Skyworks Solutions Inc. stock.

The Average True Range (ATR) for Skyworks Solutions Inc. is set at 5.06, with the Price to Sales ratio for SWKS stock in the period of the last 12 months amounting to 6.51. The Price to Book ratio for the last quarter was 5.36, with the Price to Cash per share for the same quarter was set at 6.62. Price to Free Cash Flow for SWKS in the course of the last twelve months was 31.64 with Quick ratio for the last quarter at 4.30.

SWKS Stock Performance Analysis:

Skyworks Solutions Inc. [SWKS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.88. With this latest performance, SWKS shares gained by 16.02% in over the last four-week period, additionally plugging by 15.54% over the last 6 months – not to mention a rise of 72.66% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SWKS stock in for the last two-week period is set at 63.97, with the RSI for the last a single of trading hit 62.27, and the three-weeks RSI is set at 62.36 for Skyworks Solutions Inc. [SWKS]. The present Moving Average for the last 50 days of trading for this stock 109.95, while it was recorded at 127.33 for the last single week of trading, and 101.68 for the last 200 days.

Insight into Skyworks Solutions Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Skyworks Solutions Inc. [SWKS] shares currently have an operating margin of +28.39 and a Gross Margin at +46.83. Skyworks Solutions Inc.’s Net Margin is presently recorded at +25.28.

Return on Total Capital for SWKS is now 23.33, given the latest momentum, and Return on Invested Capital for the company is 20.77. Return on Equity for this stock inclined to 20.77, with Return on Assets sitting at 17.66.

Reflecting on the efficiency of the workforce at the company, Skyworks Solutions Inc. [SWKS] managed to generate an average of $94,844 per employee. Receivables Turnover for the company is 6.02 with a Total Asset Turnover recorded at a value of 0.70.Skyworks Solutions Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.30 and a Current Ratio set at 6.10.

SWKS Stock EPS

With the latest financial reports released by the company, Skyworks Solutions Inc. posted 1.35/share EPS, while the average EPS was predicted by analysts to be reported at 1.36/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SWKS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Skyworks Solutions Inc. go to 11.25%.

Skyworks Solutions Inc. [SWKS] Insider Position Details

There are presently around $17,246 million, or 81.90% of SWKS stock, in the hands of institutional investors. The top three institutional holders of SWKS stocks are: VANGUARD GROUP INC with ownership of 19,348,827, which is approximately 2.324% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 14,830,161 shares of the stock with an approximate value of $1.9 billion in SWKS stocks shares; and VULCAN VALUE PARTNERS, LLC, currently with $1.11 billion in SWKS stock with ownership of nearly 28.719% of the company’s market capitalization.

Positions in Skyworks Solutions Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 383 institutional holders increased their position in Skyworks Solutions Inc. [NASDAQ:SWKS] by around 14,233,672 shares. Additionally, 418 investors decreased positions by around 19,381,055 shares, while 86 investors held positions by with 100,712,469 shares. The mentioned changes placed institutional holdings at 134,327,196 shares, according to the latest SEC report filing. SWKS stock had 98 new institutional investments in for a total of 2,209,570 shares, while 130 institutional investors sold positions of 6,473,163 shares during the same period.

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