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 fell by -1.89%, with highs and lows ranging from $120.86 to $85.06, whereas the simple moving average fell by -6.47% in the last 200 days.
On October 10, 2024, Barclays Downgraded Skyworks Solutions, Inc. (NASDAQ: SWKS) to Underweight. A report published by TD Cowen on July 31, 2024, Reiterated its previous ‘Hold’ rating for SWKS. Craig Hallum also reiterated SWKS shares as ‘Buy’, quoting a target price of $140 on the company’s shares in a report dated July 31, 2024. B. Riley Securities June 20, 2024d the rating to Buy on June 20, 2024, and set its price target from $96 to $130. Wolfe Research May 09, 2024d its ‘Outperform’ rating to ‘Peer Perform’ for SWKS, as published in its report on May 09, 2024. TD Cowen also rated the stock as ‘Hold’.
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Analysis of Skyworks Solutions, Inc. (SWKS)
Investors in Skyworks Solutions, Inc. will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $2.74 per share. Further, the quarter-over-quarter decrease in sales is -15.47%, showing a negative trend in the upcoming months.
One of the most important indicators of Skyworks Solutions, Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. 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.
For any stock, average volume can also provide valuable insight into volatility, and SWKS is recording 2.35M average volume. On a monthly basis, the volatility of the stock is set at 2.70%, whereas on a weekly basis, it is put at 2.64%, with a loss of -0.30% over the past seven days. Furthermore, long-term investors anticipate a median target price of $115.12, showing growth from the present price of $96.44, 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 Semiconductors market is dominated by Skyworks Solutions, Inc. (SWKS) based in the USA. 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 19.90, there is a growth in quarterly earnings of -38.78%.
Along with the fundamentals, it is also important to consider how many employees own shares of 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 0.35%. 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 93.31% 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 93.31% at present.
