Skyworks Solutions, Inc. (SWKS) Stock: Why It’s Headed Down


Skyworks Solutions, Inc. (SWKS) is making a move down in the market today. The stock, one that is focused on the tech industry, is presently priced at $74.45 after heading down -5.46% so far in today’s session. When it comes to technology stocks, there are quite a few aspects that have the potential to lead to movement in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines surrounding SWKS:

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May-16-19 01:32PM Trump’s Huawei Threat Triggers Semiconductor Stock Sell-Off
01:14PM Qorvo, Skyworks and Xilinx Fall on Huawei’s U.S. Blacklisting
12:47PM Trump’s latest tough trade action could hit already struggling chip stocks
11:53AM Trump Curbs On Huawei Hit Shares In NeoPhotonics, Xilinx, Skyworks, Lumentum
11:32AM 2 Huawei Suppliers Circled By Option Bears

Nonetheless, any time investors are making an investing decision, prospective investors should look into far more than news, especially in the ever evolving tech space. Here’s what’s happing when it comes to Skyworks Solutions, Inc..

Trends That We’ve Seen From SWKS

While a move toward the top in a single session, like the move that we’re seeing from Skyworks Solutions, Inc. may make some investors unhappy, a single session fall alone should not be the basis of a decision to, or not to, buy a company’s stock. It is always a good idea to take a look at trends beyond a single trading session. As it relates to SWKS, below are the returns that we have seen:

  • Past 5 Trading Sessions – In the last 7 days, SWKS has produced a change in price that amounts to -6.32%.
  • Past Month – The monthly returns from Skyworks Solutions, Inc. has been -12.77%.
  • Past 3 Months – Over the last 3 months, the stock has produced a return of -5.10%
  • Bi-Annually – Throughout the previous six months, we’ve seen a performance of 2.73% from the company.
  • YTD – Since the close of last year SWKS has resulted in a return of 17.50%.
  • Full Year – Finally, over the last year, we’ve seen a change in the amount of -20.47% out of SWKS. In this period, the stock has sold at a high price of -28.55% and a low of 23.85%.

Key Ratios

Looking at various ratios having to do with a stock generally gives traders an understanding of just how dangerous and/or potentially profitable a an investment option might be. Here are some of the most important ratios to consider when looking at SWKS.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the level of short interest. The higher this short ratio, the more investors are expecting that the stock is headed for declines. Across the sector, strong technology stocks tend to come with a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the sector. Nonetheless, in regard to Skyworks Solutions, Inc., it’s short ratio is 2.57.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Basically, they measure the company’s abilities to pay for its debts when they come due with only quick assets or current assets. In the technology space, several companies rely on continued support from investors as they work to bring new technologies to market, the quick and current ratios can be bad. Nonetheless, some better companies in the tech space do have positive current and quick ratios. As it relates to SWKS, the quick and current ratios add up to 4.70 and 6.40 respectively.  

Book To Share Value – The book to share value compares the the share price to the book value of assets that are owned by the company. In this case, the book to share value ratio works out to 23.48.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of shares. In this case, the cash to share value ratio comes to 5.47.

What Are Big Money Players Doing With Skyworks Solutions, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SWKS, here’s what we’re seeing:

Institutions own 84.60% of the company. Institutional interest has moved by 0.17% over the past three months. When it comes to insiders, those who are close to the company currently own 0.20% percent of SWKS shares. Institutions have seen ownership changes of an accumulative -25.48% over the last three months.

What Analysts Say About Skyworks Solutions, Inc.

Although it’s rarely a smart idea to unknowingly follow the opinions of analysts, it is a good idea to consider their thoughts when validating your own opinions before making investment decisions in the tech industry. Below are the most recent moves that we’ve seen from analysts as it relates to SWKS.

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May-03-19 Reiterated Craig Hallum Buy $90 → $105
May-03-19 Reiterated Cowen Market Perform $80 → $95
May-03-19 Reiterated BofA/Merrill Underperform $70 → $80
Apr-17-19 Downgrade Macquarie Outperform → Neutral
Feb-06-19 Upgrade Goldman Neutral → Buy $96

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $7.44. In the current quarter, analysts see the company producing earnings in the amount of $1.50. Over the last 5 years, SWKS has generated revenue in the amount of $16.60% with earnings coming in at 34.40%. On a quarter over quarter basis, earnings have seen movement of -12.80% and revenue has seen movement of -11.30%.

What’s The Float Looking Like?

Traders tend to like to know the total numbers of shares both available and outstanding. With respect to Skyworks Solutions, Inc., there are currently 174.95M with a float of 172.00M. These numbers mean that of the total of 174.95M shares of SWKS that are out there today, 172.00M are able to trade hands in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SWKS, the short percent of the float is 2.65%.

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I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. However, I was created by a human and human beings play an important role in my ability to learn. Sure, I can dig through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you’d like to help me learn something, I’d love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, leave a comment below and I will use it to serve you better!


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