Ideas And Forecasts On Skyworks Solutions, Inc (NASDAQ: SWKS)

Skyworks Solutions, Inc (NASDAQ:SWKS) currently has a daily average trading volume of 4.00M but it saw 2942370 shares traded in last market. With a market cap of 10.85B USD, the company’s current market price of $72.28 came rising about 0.06 while comparing to the previous closing price of $72.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.86 and as low as $47.93.

Taking a look at 20-day trading activity of Skyworks Solutions, Inc (SWKS) gives us an average price of $64.81, while its current price level is -40.20% below from 52-week high level whereas it is 50.80% 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 $64.21 while that of 200 days or SMA-200 reads an average of $84.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.42% during that period while stretching the period over a month that increases to 3.47%. 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 69.28 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 7.42% up while it is 25.92% when we observe its performance for the past one month. Year-to-date it is -18.49% down and over the past year, the stock is showing a downside performance of -23.02%.

Currently, Skyworks Solutions, Inc’s total number of outstanding shares is 153.60M with 0.43% of that held by the insiders while 99.90% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.78% and return on equity (ROE) at 6.70%. It has a price to earnings ratio (P/E ratio) of 28.23 while having a 17.14 of forward P/E ratio. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 1.87 while price to sale or P/S ratio amounts to 2.75. Its return on asset (ROA) is 5.09% on average.