Skyworks Solutions, Inc (NASDAQ:SWKS) price on current trading day, fall -7.43% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $55.79.
A look at the stock’s price movement, the level at last check in today’s session was $60.27, moving within a range at $54.54 and $57.665. The beta value (5-Year monthly) was 1.206 while the PE ratio in trailing twelve months stood at 17.10. Turning to its 52-week performance, $120.86 and $47.93 were the 52-week high and 52-week low respectively. Overall, SWKS moved -17.77% over the past month.
Skyworks Solutions, Inc’s market cap currently stands at around $8.57 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-04. The company has a Forward Dividend ratio of 2.78, with its dividend yield at 4.98%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 951.5M for the company’s revenue for the quarter, with a low and high estimate of 946.6M and 976.82M respectively. The average forecast suggests down to a -9.03% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.82B, representing a -8.47% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SWKS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
18 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 9 analyst(s) rate the stock as a Hold, 8 recommend SWKS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SWKS’s current price about -12.42% and -17.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.04, while 7-day volatility ratio is 14.31% and 5.27% in the 30-day chart. Further, Skyworks Solutions, Inc (SWKS) has a beta value of 1.19, and an average true range (ATR) of 4.06. Analysts have given the company’s stock an average 52-week price target of $90, forecast between a low of $85 and high of $105. Looking at the price targets, the low is -52.36% off recent price level in today’s trading while to achieve the yearly target high, it has to move -88.21%. Nonetheless, investors will most likely welcome a -61.32% jump to $90 which is the analysts’ median price.
If we refocus on Skyworks Solutions, Inc (NASDAQ:SWKS), historical trading data shows that trading volumes averaged 4.89 over the past 10 days and 3.89 million over the past 3 months. The company’s latest data on shares outstanding shows there are 160.70 million shares.
The 0.42% of Skyworks Solutions, Inc’s shares are in the hands of company insiders while institutional holders own 100.35% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.81 million on 2025-03-14, giving us a short ratio of 3.85. The data shows that as of 2025-03-14 short interest in Skyworks Solutions, Inc (SWKS) stood at 1152.00005 of shares outstanding, with shares short rising to 12.24 million registered in 2025-02-14. Current price change has pushed the stock -37.09% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SWKS stock continues to rise going into the next quarter.
