Skyworks Solutions, Inc (NASDAQ: SWKS) on Tuesday, plunged -5.94% from the previous trading day, before settling in for the closing price of $76.54. Within the past 52 weeks, SWKS’s price has moved between $47.93 and $95.46.
A company in the Technology sector has dropped its sales by -5.48% annually for the last half of the decade. The company achieved an average annual earnings per share of -26.91%. With a float of $148.06 million, this company’s outstanding shares have now reached $148.40 million.
Skyworks Solutions, Inc (SWKS) Insider and Institutional Ownership
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Skyworks Solutions, Inc is 0.42%, while institutional ownership is 100.89%. The most recent insider transaction that took place on Feb 25 ’25, was worth 661,300. In this transaction CEO and President of this company bought 10,000 shares at a rate of $66.13, taking the stock ownership to the 10,000 shares. Before that another transaction happened on Nov 11 ’24, when Company’s SVP, Gen. Counsel & Secretary sold 10,522 for $88.01, making the entire transaction worth $926,090. This insider now owns 15,960 shares in total.
Skyworks Solutions, Inc (SWKS) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 1.6 earnings per share (EPS) for the period topping the consensus outlook (set at 1.57) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.19% during the next five years compared to -5.48% drop over the previous five years of trading.
Skyworks Solutions, Inc (NASDAQ: SWKS) Trading Performance Indicators
Skyworks Solutions, Inc (SWKS) is currently performing well based on its current performance indicators. A quick ratio of 1.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.67. Likewise, its price to free cash flow for the trailing twelve months is 7.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 1.29 in the next quarter and is forecasted to reach 5.14 in one year’s time.
Technical Analysis of Skyworks Solutions, Inc (SWKS)
Let’s dig in a bit further. During the last 5-days, its volume was 4.93 million. That was better than the volume of 3.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.80%.
During the past 100 days, Skyworks Solutions, Inc’s (SWKS) raw stochastic average was set at 24.96%, which indicates a significant increase from 1.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.46 in the past 14 days, which was higher than the 2.24 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.89, while its 200-day Moving Average is $71.79. However, in the short run, Skyworks Solutions, Inc’s stock first resistance to watch stands at $74.61. Second resistance stands at $77.22. The third major resistance level sits at $78.70. If the price goes on to break the first support level at $70.52, it is likely to go to the next support level at $69.04. The third support level lies at $66.43 if the price breaches the second support level.
Skyworks Solutions, Inc (NASDAQ: SWKS) Key Stats
Market capitalization of the company is 10.70 billion based on 148,428K outstanding shares. Right now, sales total 4,090 M and income totals 496,700 K. The company made 1,100 M in profit during its latest quarter, and 161,000 K in sales during its previous quarter.
