AI Trading NASDAQ Fri, 01 Dec

Dear Reader,

Skyworks Solutions Inc. (SWKS) is a STRONGBUY asset, according to a trading strategy model with an accuracy of 0.71 for predicting upward trends in the following two weeks. This prediction is based on the analysis of trades made between 2021-03-01 and 2023-02-15, which yielded a potential return of 75.7%, an average of 25.23% per trade, and a hold time of 80 days per position with a total of 3 positions taken. The analyst consensus price target is 122.86.

Skyworks Solutions Inc (Symbol: SWKS) is an American semiconductor company headquartered in Irvine, California. The company manufactures RF and mobile communications systems. Skyworks has a market capitalization of $19.20 billion, an EBITDA of $1.96 billion, and a PE ratio of 16.46.

From the historical performance of Skyworks Solutions Inc, the company’s stock has been quite volatile. In the past 52 weeks, the stock has traded between $75.66 and $138.74. The 50 day moving average of the stock is currently at $100.29, while the 200 day moving average is $98.97. The current share price of $92.15 is close to the 200 day moving average.

Skyworks Solutions Inc has also seen an increase in analyst target price. The current analyst target price for the company is set at $122.86. This is an increase of over 24% from the current share price of $92.15.

In terms of the company’s financial performance, Skyworks Solutions Inc has seen an increase in revenue from $53.04 billion to $53.04 billion over the trailing twelve months. Gross profit has also increased from $26.04 billion to $26.04 billion. The company’s profit margin has decreased slightly from 0.23% to 0.22%. The company’s operating margin has increased from 0.27% to 0.28%, while the return on assets has increased from 0.10% to 0.11%. The return on equity has increased from 0.21% to 0.22%.

Overall, Skyworks Solutions Inc has seen a decrease in share price but an increase in analyst target price over the past year. The company has seen a slight decrease in profit margins but an increase in operating margin and return on equity. Investors should keep an eye on the company’s performance and take into account the current analyst target price when making their investment decisions.

Symbol: SWKS
AssetType: Common Stock
Name: Skyworks Solutions Inc
Description: Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. Skyworks manufactures semiconductors for use in Radio Frequency (RF) and mobile communications systems.
CIK: 4127
Exchange: NASDAQ
Currency: USD
Country: USA
Sector: MANUFACTURING
Industry: SEMICONDUCTORS & RELATED DEVICES
Address: 20 SYLVAN ROAD, WOBURN, MA, US
FiscalYearEnd: September
LatestQuarter: 2022-12-31
MarketCapitalization: 19204059000
EBITDA: 1963900000
PERatio: 16.46
PEGRatio: 0.894
BookValue: 34.88
DividendPerShare: 2.36
DividendYield: 0.0207
EPS: 7.34
RevenuePerShareTTM: 32.93
ProfitMargin: 0.223
OperatingMarginTTM: 0.278
ReturnOnAssetsTTM: 0.105
ReturnOnEquityTTM: 0.218
RevenueTTM: 5304400000
GrossProfitTTM: 2604300000
DilutedEPSTTM: 7.34
QuarterlyEarningsGrowthYOY: -0.196
QuarterlyRevenueGrowthYOY: -0.12
AnalystTargetPrice: 122.86
TrailingPE: 16.46
ForwardPE: 9.14
PriceToSalesRatioTTM: 2.737
PriceToBookRatio: 2.768
EVToRevenue: 3.093
EVToEBITDA: 7.66
Beta: 1.252
52WeekHigh: 138.74
52WeekLow: 75.66
50DayMovingAverage: 100.29
200DayMovingAverage: 98.97
SharesOutstanding: 158974000
DividendDate: 2023-03-21
ExDividendDate: 2023-02-27

Date Symbol Prediction Model Accuracy Price Target Analyst Target
2023-11-30 SWKS STRONGBUY 0.71 92.15 122.86

More AI Trading NASDAQ Fri, 01 Dec buys

You must be logged in to view this content. Log In No account? Register  for Free.  

AI Trading NASDAQ Fri, 01 Dec sells

You must be logged in to view this content. Log In No account? Register  for Free.  

Back-testing and model summaries

You must be logged in to view this content. Log In No account? Register  for Free.  

Thanks for subscribing and happy investing!

The Third Perspective Team