The stock of Skyworks Solutions Inc. (NASDAQ: SWKS) has increased by 1.20 when compared to last closing price of 98.79. Despite this, the company has experienced a -2.09% fall in its stock price over the last five trading sessions. Barron’s reported on 05/09/23 that Skyworks Stock Is Falling as Street Weighs In on Earnings
Is It Worth Investing in Skyworks Solutions Inc. (NASDAQ: SWKS) Right Now?
The price-to-earnings ratio for Skyworks Solutions Inc. (NASDAQ: SWKS) is above average at 14.45x. The 36-month beta value for SWKS is also noteworthy at 1.27. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for SWKS is $119.17, which is $18.7 above than the current price. The public float for SWKS is 158.33M, and at present, short sellers hold a 2.60% of that float. The average trading volume of SWKS on May 26, 2023 was 1.84M shares.
SWKS’s Market Performance
SWKS stock saw a decrease of -2.09% in the past week, with a monthly decline of -2.74% and a quarterly a decrease of -10.83%. The volatility ratio for the week is 2.23%, and the volatility levels for the last 30 days are 2.90% for Skyworks Solutions Inc. (SWKS). The simple moving average for the past 20 days is -1.54% for SWKS’s stock, with a -1.31% simple moving average for the past 200 days.
SWKS Trading at -7.23% from the 50-Day Moving Average
After a stumble in the market that brought SWKS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.17% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares sank -3.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.49% lower at present.
During the last 5 trading sessions, SWKS fell by -2.09%, which changed the moving average for the period of 200-days by -6.38% in comparison to the 20-day moving average, which settled at $101.35. In addition, Skyworks Solutions Inc. saw 9.71% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SWKS starting from Kasnavi Reza, who sale 3,000 shares at the price of $120.03 back on Feb 10. After this action, Kasnavi Reza now owns 16,994 shares of Skyworks Solutions Inc., valued at $360,090 using the latest closing price.
Durham Karilee A, the SVP, Human Resources of Skyworks Solutions Inc., sale 2,716 shares at $110.00 during a trade that took place back on Jan 23, which means that Durham Karilee A is holding 13,428 shares at $298,760 based on the most recent closing price.
Stock Fundamentals for SWKS
Current profitability levels for the company are sitting at:
- +28.40 for the present operating margin
- +45.67 for the gross margin
The net margin for Skyworks Solutions Inc. stands at +23.25. The total capital return value is set at 19.98, while invested capital returns managed to touch 16.95. Equity return is now at value 20.20, with 12.60 for asset returns.
Based on Skyworks Solutions Inc. (SWKS), the company’s capital structure generated 44.15 points at debt to equity in total, while total debt to capital is 30.63. Total debt to assets is 27.21, with long-term debt to equity ratio resting at 34.68. Finally, the long-term debt to capital ratio is 24.06.
When we switch over and look at the enterprise to sales, we see a ratio of 3.43, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 5.93 and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.63.
Conclusion
In summary, Skyworks Solutions Inc. (SWKS) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
