Skyworks Solutions, Inc. (SWKS): A Case For Going Higher

After Hours

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Stocks Info

This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. The current market capitalization of Skyworks Solutions, Inc. is $14.96B. A total of 1.84 million shares were traded on the day, compared to an average of 2.48M shares.

In the most recent transaction, GRIFFIN LIAM bought 11,142 shares of SWKS for 90.00 per share on May 02 ’24. After the transaction, the Chairman, CEO and President now owns 104,153 company shares. In a previous transaction on Dec 14 ’23, Durham Karilee A sold 3,189 shares at 110.00 per share. SWKS shares that SVP, Human Resources owns now total 17,323.

Among the insiders who sold shares, Kasnavi Reza disposed of 5,289 shares on Nov 17 ’23 at a per-share price of $94.04. This resulted in the SVP, Tech. & Manufacturing holding 19,078 shares of SWKS after the transaction. In another insider transaction, TERRY ROBERT JOHN sold 4,457 shares at $91.65 per share on Nov 14 ’23. Company shares held by the SVP, Gen. Counsel & Secretary now total 14,045.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Skyworks Solutions, Inc. pays an annual dividend of $2.66, resulting in a dividend yield of 2.85%, and it has a price to earnings (P/E) ratio of 17.52. SWKS’s most recent ex-dividend date was 5/20/2024 when it declared a $0.68 quarterly dividend that was paid in cash on 6/11/2024. Previously, the company paid the dividend on 3/12/2024 with an ex-dividend date of 2/16/2024. The SWKS stock dividend was $0.68 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SWKS has a high of $115.69 and a low of $85.06.

As of this writing, SWKS has an earnings estimate of $1.21 per share for the current quarter. EPS was calculated based on a consensus of 24.0 estimates, with a high estimate of $1.27 per share and a lower estimate of $1.19. The company reported an EPS of $1.73 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SWKS’s latest balance sheet shows that the firm has $1.02B in Cash & Short Term Investments as of fiscal 2021. There were $2.41B in debt and $658.50M in liabilities at the time. Its Book Value Per Share was $39.65, 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 3.36.

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