The leading market experts have placed a mean price target of $83.17 on Skyworks Solutions, Inc. (NASDAQ:SWKS) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.56 a share for the upcoming quarter and $5.53 for the current fiscal.
The technical analysis of Skyworks Solutions, Inc. plainly substantiates that the 50-day moving average of Skyworks Solutions, Inc. is $66.34, and stock is trading $5.95 points away or +8.97% from its 50-day moving average of $66.34. Further it is trading $4.53 or +6.69% away its 200-day moving average of $67.76. Skyworks Solutions, Inc. (NASDAQ:SWKS) 52-week high is $92.63 and the 52-week low is $54.50.
This explains if the stock moves $-20.34, it will post a 52-week high. In event of +32.64% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Skyworks Solutions, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Skyworks Solutions, Inc. (NASDAQ:SWKS) ratio came in at 14.32.
The stock last ended the trading session at $72.29 and registered a market cap of $13.55B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Skyworks Solutions, Inc. (NASDAQ:SWKS) PEG ratio is at 0.76.
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