$2.59M in average volume shows that Skyworks Solutions, Inc. (SWKS) is heading in the right direction

Skyworks Solutions, Inc. (NASDAQ: SWKS) kicked off on Tuesday, down -7.07% from the previous trading day, before settling in for the closing price of $109.59. Over the past 52 weeks, SWKS has traded in a range of $85.06-$120.86.

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Technology Sector giant saw their annual sales surged by 6.66% over the last five years. While this was happening, its average annual earnings per share was recorded -26.60%. With a float of $159.15 million, this company’s outstanding shares have now reached $159.50 million.

The firm has a total of 9750 workers. Let’s measure their productivity. In terms of profitability, gross margin is 40.46%, operating margin of 19.06%, and the pretax margin is 18.85%.

Skyworks Solutions, Inc. (SWKS) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Skyworks Solutions, Inc. is 0.36%, while institutional ownership is 93.31%. The most recent insider transaction that took place on Aug 16 ’24, was worth 198,067. In this transaction SVP, Tech. & Manufacturing of this company sold 1,843 shares at a rate of $107.47, taking the stock ownership to the 17,455 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Officer proposed sale 1,843 for $107.47, making the entire transaction worth $198,067.

Skyworks Solutions, Inc. (SWKS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -26.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 4.11% growth over the previous five years of trading.

Skyworks Solutions, Inc. (NASDAQ: SWKS) Trading Performance Indicators

Take a look at Skyworks Solutions, Inc.’s (SWKS) current performance indicators. Last quarter, stock had a quick ratio of 4.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.72. Likewise, its price to free cash flow for the trailing twelve months is 10.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.85, a number that is poised to hit 1.52 in the next quarter and is forecasted to reach 6.40 in one year’s time.

Technical Analysis of Skyworks Solutions, Inc. (SWKS)

Analysing the last 5-days average volume posted by the [Skyworks Solutions, Inc., SWKS], we can find that recorded value of 1.83 million was lower than the volume posted last year of 2.45 million. As of the previous 9 days, the stock’s Stochastic %D was 55.99%. Additionally, its Average True Range was 3.79.

During the past 100 days, Skyworks Solutions, Inc.’s (SWKS) raw stochastic average was set at 40.13%, which indicates a significant increase from 6.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.20% in the past 14 days, which was lower than the 44.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $108.65, while its 200-day Moving Average is $103.57. Now, the first resistance to watch is $106.48. This is followed by the second major resistance level at $111.13. The third major resistance level sits at $113.75. If the price goes on to break the first support level at $99.21, it is likely to go to the next support level at $96.59. Should the price break the second support level, the third support level stands at $91.94.

Skyworks Solutions, Inc. (NASDAQ: SWKS) Key Stats

The company with the Market Capitalisation of 16.27 billion has total of 160,447K Shares Outstanding. Its annual sales at the moment are 4,772 M in contrast with the sum of 982,800 K annual income. Company’s last quarter sales were recorded 905,500 K and last quarter income was 120,900 K.