Does Skyworks Solutions Inc. (SWKS) Have A Cheap Price Or Is It Risky?

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The stock of Skyworks Solutions Inc. (NASDAQ:SWKS) increased by $1.03 on Wednesday to $95.21, up 1.09 percent. The last five days have seen an average of 1,260,271 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$59.00. The average number of shares traded over the last 20 days was 2,051,508, while the average volume over the last 50 days totaled 2,115,057.

SWKS stock appreciated 10.85% since last month. On 11/03/22, the company’s shares reached a one-month low of $80.08. The stock touched a high of $164.47 on 01/04/22, after rallying from a low of $76.16 in 52 weeks. The price of SWKS stock has declined by -39.29% or -$59.00 this year, reaching a new high 2 times. Still, the stock price is down -42.11% from the 52-week high.


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Insider Transactions

SWKS stock investors should be aware that Skyworks Solutions Inc. (SWKS) stock had its last reported insider trading activity 107 days ago on Aug 08. On Aug 08, SVP, Human Resources Durham Karilee A sold 5,858 shares at $112.26 each. This transaction resulted in the insider making $657,621. On Mar 29, GRIFFIN LIAM sold 10,000 shares at a price of US$140.00. After the transaction, the insider now owns 52,711 shares. Chairman, CEO and President GRIFFIN LIAM had earlier sold 10,000 shares on Feb 16 for $140.00 a share. The transaction was completed for $1,400,000.

Valuation Metrics

Skyworks Solutions Inc. (SWKS) has a trailing price-to-earnings (P/E) ratio of 12.08. Beta for the stock is 1.20. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.74, the price-to-book (PB) ratio of 2.86, and the price-to-cash flow ratio of 21.88.

Company paid $0.62 per share in dividends, remained unchanged from $0.62 last year. A $0.06 dividend increase was reported on Thursday August 4 2022.

Financial Health

For the three months ended September 29, Skyworks Solutions Inc.’s quick ratio was 1.50, while its current ratio was 2.40, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending September 29 is 0.32, and the total debt to equity ratio is 0.41. As far as profitability goes, gross margin for the trailing twelve months is 47.50% percent. Skyworks Solutions Inc.’s operating margin stood at 27.00% for the same period. Based on annual data, it had gross profit of $2.6 billion and revenue of $5.49 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SWKS’s return on assets (ROA) during the last 12 months has been 15.90%. There was a 20.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 25.90%.

Earnings Surprise

According to Skyworks Solutions Inc.’s quarterly financial report for the quarter that ended September 29, it had $1.69 billion in total debt versus $16.2 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.23 billion, while revenues rose by 4.93% to $1.34 billion. It was predicted that Skyworks Solutions Inc.’s quarterly earnings would be $3.02, but it ended up being $2.9, beating the consensus by 4.10%. At the end of Skyworks Solutions Inc.’s most recent quarter ended September 29, its liabilities totaled 3.44 billion, while its total debt was $2.19 billion.

Technical Picture

Here’s a quick look at Skyworks Solutions Inc.’s (SWKS) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 61.84%, suggesting the stock is Neutral, with a 40.51% historical volatility rate.

The stochastic %K and %D were 74.75% and 73.47% respectively, while the average true range (ATR) was 3.35. Based on the 14-day stochastic reading of 82.18%, the RSI (14) reading is 58.94%. On the 9-day MACD Oscillator, the stock is at -0.30, and the 14-day reading is at 1.74.

Analyst Ratings

Analysts have assigned Skyworks Solutions Inc. (SWKS) an Overweight rating. SWKS is a stock that is recommended for selling by 0 brokerage firms, while 12 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 14 others recommend it as a buy.

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