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Wednesday, December 6, 2023

Analyst Expects Skyworks Solutions, Inc. (NASDAQ: SWKS) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Skyworks Solutions, Inc. (SWKS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.40, or 0.43%, to $93.25. The Skyworks Solutions, Inc. has recorded 48,361 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Skyworks Reports Q4 and Full Year FY23 Results.

Stocks Info

As a NASDAQ listed company, SWKS falls under the Technology sector while operating within the Semiconductors industry segment. At the end of the last regular session, the stock closed at $92.85 and fluctuated between $93.35 as its day high and $90.38 as its day low. The current market capitalization of Skyworks Solutions, Inc. is $14.80B. A total of 2.33 million shares were traded on the day, compared to an average of 1.65M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SWKS has seen 2 BUY and 7 SELL insider trades, representing the acquisition of 53,211 and the disposition of 58,962 shares. Over the last 12 months, there were 11 BUYs and 11 SELLs from insiders. Insiders purchased 67,408 shares during that period but sold 71,878.

In the most recent transaction, Kasnavi Reza sold 3,873 shares of SWKS for 89.09 per share on Nov 13. After the transaction, the SVP, Tech. & Manufacturing now owns 24,367 company shares. In a previous transaction on Nov 09, TERRY ROBERT JOHN sold 3,156 shares at 88.18 per share. SWKS shares that SVP, Gen. Counsel & Secretary owns now total 11,487.

Among the insiders who sold shares, Sennesael Kris disposed of 12,770 shares on Nov 07 at a per-share price of $89.97. This resulted in the SVP & Chief Financial Officer holding 89,482 shares of SWKS after the transaction. In another insider transaction, Kasnavi Reza sold 900 shares at $105.38 per share on Aug 29. Company shares held by the SVP, Tech. & Manufacturing now total 16,094.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Skyworks Solutions, Inc. pays an annual dividend of $2.75, resulting in a dividend yield of 2.96%, and it has a price to earnings (P/E) ratio of 15.14. SWKS’s most recent ex-dividend date was 11/20/2023 when it declared a $0.68 quarterly dividend that was paid in cash on 12/12/2023. Previously, the company paid the dividend on 9/19/2023 with an ex-dividend date of 8/28/2023. The SWKS stock dividend was $0.68 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SWKS in the last 3 months, the mean price target is $105.33 with high estimates of $176.00 and low estimates of $83.00. In terms of 52-week highs and lows, SWKS has a high of $123.69 and a low of $85.06.

As of this writing, SWKS has an earnings estimate of $1.95 per share for the current quarter. EPS was calculated based on a consensus of 23 estimates, with a high estimate of $2 per share and a lower estimate of $1.91. The company reported an EPS of $1.73 in the last quarter, which was 1.80% higher than expectations of $1.7.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SWKS’s latest balance sheet shows that the firm has $1.03B in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $1.06B in liabilities at the time. Its Book Value Per Share was $36.92, while its Total Shareholder’s Equity was $5.30B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SWKS is Buy with a score of 3.72.

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