On Monday, Skyworks Solutions, Inc. (NASDAQ: SWKS) opened lower -5.09% from the last sessionbefore settling in for the closing price of $102.47. Price fluctuations for SWKS have ranged from $85.06 to $120.86 over the past 52 weeks.
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Annual sales at Technology sector company grew by 6.66% over the past five years. Company’s average yearly earnings per share was noted -26.60% at the time writing. With a float of $159.14 million, this company’s outstanding shares have now reached $159.50 million.
Let’s look at the performance matrix of the company that is accounted for 9750 employees. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Skyworks Solutions, Inc. is 0.36%, while institutional ownership is 93.34%. The most recent insider transaction that took place on Sep 13 ’24, was worth 950,462. In this transaction SVP, Sales & Marketing of this company sold 9,321 shares at a rate of $101.97, taking the stock ownership to the 37,203 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Officer proposed sale 9,321 for $101.97, making the entire transaction worth $950,444.
Skyworks Solutions, Inc. (SWKS) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 2.2 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.1) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.73 per share during the current fiscal year.
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
Check out the current performance indicators for Skyworks Solutions, Inc. (SWKS). In the past quarter, the stock posted a quick ratio of 4.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.55. Likewise, its price to free cash flow for the trailing twelve months is 9.89.
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)
Skyworks Solutions, Inc. (NASDAQ: SWKS) saw its 5-day average volume 2.14 million, a negative change from its year-to-date volume of 2.43 million. As of the previous 9 days, the stock’s Stochastic %D was 31.54%. Additionally, its Average True Range was 3.74.
During the past 100 days, Skyworks Solutions, Inc.’s (SWKS) raw stochastic average was set at 25.68%, which indicates a significant increase from 14.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.20% in the past 14 days, which was lower than the 45.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $107.65, while its 200-day Moving Average is $103.85. Nevertheless, the first resistance level for the watch stands at $99.97 in the near term. At $102.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $105.17. If the price goes on to break the first support level at $94.77, it is likely to go to the next support level at $92.28. The third support level lies at $89.57 if the price breaches the second support level.
Skyworks Solutions, Inc. (NASDAQ: SWKS) Key Stats
There are currently 160,447K shares outstanding in the company with a market cap of 15.53 billion. Presently, the company’s annual sales total 4,772 M according to its annual income of 982,800 K. Last quarter, the company’s sales amounted to 905,500 K and its income totaled 120,900 K.
