Skyworks Solutions, Inc (NASDAQ:SWKS) currently has a daily average trading volume of 3.32M but it saw 2907400 shares traded in last market. With a market cap of 11.26B USD, the company’s current market price of $70.05 came falling about -1.17 while comparing to the previous closing price of $70.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.86 and as low as $62.01. In the recent trading on the day, stock has struck highest price mark of $69.72 while lowest mark touched by it was $71.18.
Taking a look at 20-day trading activity of Skyworks Solutions, Inc (SWKS) gives us an average price of $67.97, while its current price level is -42.04% below from 52-week high level whereas it is 12.97% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $77.11 while that of 200 days or SMA-200 reads an average of $93.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.64% during that period while stretching the period over a month that increases to 3.35%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.10 which implies that the stock is in neutral territory.
Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on February 06, 2025 while assigning a price target range of $105-$62. Rosenblatt also issued its recommendations for the stock as it downgraded the price target for the stock is $80.
Over the week, SWKS’s stock price is moving 3.24% up while it is 4.52% when we observe its performance for the past one month. Year-to-date it is -21.01% down and over the past year, the stock is showing a downside performance of -32.69%.
The company is expected to be releasing its next quarterly report on 2025-Feb-04, for which analysts forecasted an EPS of 1.2 while estimate for next year EPS is 4.78. In next quarter, company is expected to be making quarterly sales of $918.16M as analysts are expecting the sales for current fiscal year at $3.82B and seeing the company making $3.68B in sales next year. Moreover, analysts are in estimates of $951.5M for current-quarter revenue.
Currently, Skyworks Solutions, Inc’s total number of outstanding shares is 160.70M with 0.39% of that held by the insiders while 96.92% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.95% and return on equity (ROE) at 8.34%. It has a price to earnings ratio (P/E ratio) of 21.47 while having a 16.96 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 1.76 while price to sale or P/S ratio amounts to 2.78. Its return on asset (ROA) is 6.36% on average.
