Skyworks Solutions Inc. (NASDAQ:SWKS) Relative Strength Index (RSI) is 46.07, with weekly volatility at 2.20% and ATR at 5.43. The SWKS stock’s 52-week price range has touched low of $114.73 and a $204.00 high. Intraday shares traded counted 1.35 million, which was 35.12% higher than its 30-day average trading volume of 2.08M. Its shares traded lower over the last trading session, losing -0.51% on 05/28/21. The shares fell to a low of $169.65 before closing at $170.00. SWKS’s previous close was $170.87 while the outstanding shares total 165.00M. The firm has a beta of 1.08, a 12-month trailing P/E ratio of 23.50, and a growth ratio of 1.39.
Investors have identified the Semiconductors company Skyworks Solutions Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $28.21 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Skyworks Solutions Inc. (SWKS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 2.8 billion total, with 538.4 million as their total liabilities.
SWKS were able to record 841.0 million as free cash flow during the 07/22/2021 quarter of the year, this saw their quarterly net cash flow reduce by 493.2 million. In cash movements, the company had a total of 1.1 billion as operating cash flow.
Potential earnings growth for Skyworks Solutions Inc. (SWKS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/22/2021 quarter of the year, Skyworks Solutions Inc. recorded a total of 1.17 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 34.62% coming in sequential stages and their sales for the 07/22/2021 quarter reducing by -28.86%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 593.4 million trying to sell their products during the last quarter, with the result yielding a gross income of 578.4 million. This allows shareholders to hold on to 165.00M with the recently reported earning now reading 1.97 cents per share. This is a figure that compared to analyst’s prediction for their 07/22/2021 (2.03 cents a share).
Having a look at the company’s valuation, the company is expected to record 9.75 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SWKS sounds very interesting.
Is the stock of SWKS attractive?
In related news, President and CEO, GRIFFIN LIAM sold 3,750 shares of the company’s stock in a transaction that recorded on Feb 08. The sale was performed at an average price of 180.35, for a total value of 676,300. As the sale deal closes, the SVP, Gen. Counsel & Secretary, TERRY ROBERT JOHN now sold 1,000 shares of the company’s stock, valued at 152,940. Also, SVP, Human Resources, Durham Karilee A sold 6,500 shares of the company’s stock in a deal that was recorded on Dec 21. The shares were price at an average price of 146.41 per share, with a total market value of 951,678. Following this completion of acquisition, the President and CEO, GRIFFIN LIAM now holds 13,800 shares of the company’s stock, valued at 1,886,274. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
12 out of 25 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on Skyworks Solutions Inc.. 0 analysts has assigned a Sell rating on the SWKS stock. The 12-month mean consensus price target for the company’s shares has been set at $206.00.