Skyworks Solutions Inc. (NASDAQ:SWKS) [Trend Analysis] hangs on to mix trends, as shares trade at $61.66 by collapsed -4.54% with volume of 5.18 Million shares that was impressive than its average volume of 3445.12 shares.
Skyworks Solutions, Inc. (SWKS) released that its BOD has hired Liam K. Griffin as chief executive officer. Mr. Griffin was also elected to the board of directors of Skyworks effective May 11, 2016. David J. Aldrich, Skyworks’ chief executive officer since 2000, will assume the newly established role of executive chairman and, in that position, will continue to serve as the chairman of Skyworks’ board of directors.
Skyworks has substantially outpaced the broader semiconductor market: growing the top line at a 25 percent annual rate from $1.1 billion in fiscal 2010 to over $3.2 billion in fiscal 2015. In parallel, the company has maintained a rigorous leadership succession planning process to ensure the organization continues to follow this path of success going forward.
Major bullish and bearish trends reflect in rating research, from pool of WSJ analyst gave 100.00 as a highest price target, medium point hits to 85.00, while the lowest share price targets assigned 73.00. The data compelled by Wall Street Journal average suggest average price target would by 86.68, where as current price stood at 61.66. Moderately analysts issue miscellaneous recommendation for SWKS, as 19 experts rated as “BUY” security, 1 analyst have faith on stocks as “Overweight,” moreover 3 experts rated as “Hold”.
As the revenues measures, firm has operation margin of 33.70% in the following twelve months with net profit margin of positive 29.50%. The Company showed a positive 29.50% in the net profit margin and in addition to in its operating margin which remained 33.70%. Company’s annual sales growth for the past five year was 24.90%.
Skyworks Solutions Inc. (NASDAQ:SWKS) presented weekly performance of -3.80% with respect to its rate of return and it remained -19.67% for the month. However, the performance for a quarter experienced changes of 10.85% and its performance for a year are -35.26% and its year to date performance remained in red with -19.07%. The stock price volatility was 3.05% for a week and 3.28% for a month as well as price volatility’s Average True Range for 14 days was 2.19 and its beta remained 1.28.
Current stock price is in the upbeat territory taking into account of 20 days moving average with -11.02% and continued bullish run for 50 days moving average with -15.03%. Its earnings per share for the past twelve months were 72.40%. Company’s beta coefficient was at 1.28. Beta measures the amount of market risk associated with market trade.