While Skyworks Solutions, Inc. has underperformed by -1.39%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SWKS rose by 3.64%, with highs and lows ranging from $120.86 to $85.06, whereas the simple moving average fell by -3.21% in the last 200 days.
On July 31, 2024, TD Cowen Reiterated Skyworks Solutions, Inc. (NASDAQ: SWKS) to Hold. A report published by Craig Hallum on July 31, 2024, Reiterated its previous ‘Buy’ rating for SWKS. B. Riley Securities also Upgraded SWKS shares as ‘Buy’, setting a target price of $130 on the company’s shares in a report dated June 20, 2024. The Benchmark Company May 01, 2024d its ‘Buy’ rating to ‘Hold’ for SWKS, as published in its report on May 01, 2024. TD Cowen’s report from May 01, 2024 suggests a price prediction of $90 for SWKS shares, giving the stock a ‘Hold’ rating. Susquehanna also rated the stock as ‘Neutral’.
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Analysis of Skyworks Solutions, Inc. (SWKS)
SWKS currently pays a dividend of $2.74 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -15.47%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Skyworks Solutions, Inc.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 12.78% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 4.29, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 2.59M can be a very valuable indicator of volatility for SWKS stock. On a monthly basis, the volatility of the stock is set at 2.81%, whereas on a weekly basis, it is put at 3.04%, with a loss of -0.94% over the past seven days. Furthermore, long-term investors anticipate a median target price of $116.76, showing growth from the present price of $100.44, which can serve as yet another indication of whether SWKS is worth investing in or should be passed over.
How Do You Analyze Skyworks Solutions, Inc. Shares?
The USA based company Skyworks Solutions, Inc. (SWKS) is one of the biggest names in Semiconductors. When comparing Skyworks Solutions, Inc. shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 20.72, there is a growth in quarterly earnings of -38.78%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.36%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.34% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SWKS shares are owned by institutional investors to the tune of 93.34% at present.
