Skyworks Solutions Inc. [NASDAQ: SWKS] closed the trading session at $135.95 on 11/25/20. The day’s price range saw the stock hit a low of $134.28, while the highest price level was $138.91. The company report on November 3, 2020 that Skyworks Reports Q4 and Full Year FY20 Results.
Delivers Q4 Revenue of $957 Million, up 30% Sequentially and 16% Y-o-Y.
Posts Q4 GAAP Diluted EPS of $1.46; Non-GAAP Diluted EPS of $1.85.
The stocks have a year to date performance of 12.47 percent and weekly performance of -1.17 percent. The stock has been moved at 14.69 percent over the last six months. The stock has performed -6.32 percent around the most recent 30 days and changed -2.96 percent over the most recent 3-months.
If compared to the average trading volume of 1.92M shares, SWKS reached to a volume of 3032544 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $158.96 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.
The Benchmark Company have made an estimate for Skyworks Solutions Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 03, 2020. While these analysts kept the previous recommendation, Craig Hallum raised their target price from $150 to $170. The new note on the price target was released on November 03, 2020, representing the official price target for Skyworks Solutions Inc. stock. Previously, the target price had yet another raise from $155 to $160, while Cowen kept a Outperform rating on SWKS stock. On November 03, 2020, analysts increased their price target for SWKS shares from 190 to 195.
The Average True Range (ATR) for Skyworks Solutions Inc. is set at 4.77, with the Price to Sales ratio for SWKS stock in the period of the last 12 months amounting to 6.68. The Price to Book ratio for the last quarter was 5.44, with the Price to Cash per share for the same quarter was set at 5.91. Price to Free Cash Flow for SWKS in the course of the last twelve months was 44.11 with Quick ratio for the last quarter at 3.40.
SWKS stock trade performance evaluation
Skyworks Solutions Inc. [SWKS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.17. With this latest performance, SWKS shares dropped by -6.32% in over the last four-week period, additionally plugging by 14.69% over the last 6 months – not to mention a rise of 37.16% 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 41.78, with the RSI for the last a single of trading hit 38.06, and the three-weeks RSI is set at 43.51 for Skyworks Solutions Inc. [SWKS]. The present Moving Average for the last 50 days of trading for this stock 144.48, while it was recorded at 138.52 for the last single week of trading, and 124.28 for the last 200 days.
Skyworks Solutions Inc. [SWKS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Skyworks Solutions Inc. [SWKS] shares currently have an operating margin of +26.99 and a Gross Margin at +47.71. Skyworks Solutions Inc.’s Net Margin is presently recorded at +24.28.
Return on Total Capital for SWKS is now 21.40, given the latest momentum, and Return on Invested Capital for the company is 19.31. Return on Equity for this stock inclined to 19.67, with Return on Assets sitting at 16.38. When it comes to the capital structure of this company, Skyworks Solutions Inc. [SWKS] has a Total Debt to Total Equity ratio set at 4.30. Additionally, SWKS Total Debt to Total Capital is recorded at 4.12, with Total Debt to Total Assets ending up at 3.50. Long-Term Debt to Equity for the company is recorded at 3.62, with the Long-Term Debt to Total Capital now at 3.47.
Reflecting on the efficiency of the workforce at the company, Skyworks Solutions Inc. [SWKS] managed to generate an average of $81,480 per employee. Receivables Turnover for the company is 7.81 with a Total Asset Turnover recorded at a value of 0.67.Skyworks Solutions Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.40 and a Current Ratio set at 5.20.
Earnings per share (EPS) analysis for Skyworks Solutions Inc. [SWKS] stock
With the latest financial reports released by the company, Skyworks Solutions Inc. posted 1.68/share EPS, while the average EPS was predicted by analysts to be reported at 1.65/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.80%. 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 12.45%.
Skyworks Solutions Inc. [SWKS]: Insider Ownership positions
There are presently around $17,515 million, or 79.70% of SWKS stock, in the hands of institutional investors. The top three institutional holders of SWKS stocks are: VANGUARD GROUP INC with ownership of 18,239,488, which is approximately -2.449% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 14,636,293 shares of the stock with an approximate value of $1.99 billion in SWKS stocks shares; and STATE STREET CORP, currently with $1.06 billion in SWKS stock with ownership of nearly -0.572% of the company’s market capitalization.
Positions in Skyworks Solutions Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 436 institutional holders increased their position in Skyworks Solutions Inc. [NASDAQ:SWKS] by around 10,329,020 shares. Additionally, 393 investors decreased positions by around 12,027,323 shares, while 128 investors held positions by with 106,479,802 shares. The mentioned changes placed institutional holdings at 128,836,145 shares, according to the latest SEC report filing. SWKS stock had 115 new institutional investments in for a total of 1,537,855 shares, while 70 institutional investors sold positions of 918,382 shares during the same period.