Why Skyworks Solutions’ Stock Looks Like an Affordable Buy

SWKS reported fiscal Q4 and full year financial results last week

facebook X logo linkedin

Skyworks Solutions, Inc. (NASDAQ:SWKS) is an American semiconductor company with engineering, marketing, operations, sales, and support facilities located throughout Asia, Europe, and North America. SWKS products are applied within the aerospace, automotive, broadband, cellular infrastructure, connected home, entertainment and gaming, industrial, medical, military, smartphone, tablet and wearable markets. This afternoon, SWKS was last seen trading up 2.6% at $168.41. 

On Nov. 4, Skyworks Solutions reported its fiscal fourth-quarter results. The company's revenue for the fourth quarter of 2021 was $1.311 billion. Skyworks' reported operating income of $487.6 million with earnings per share of $2.62 for fiscal Q4. 

Skyworks stock has increased about 14% year-over-year and is up 25% since bottoming out at a 52-week low of $134.28 last November. However, shares of SWKS have grown 10% year-to-date and have shed 17% from its all-time high of $164.06 reached in April. Moreover, Skyworks Solutions offers a forward dividend of $2.24 with a dividend yield of 1.37%.

Those looking to join the SWKS bandwagon can do so at a steal right now. Skyworks stock's Schaeffer's Volatility Index (SVI) of 28% sits higher than just 21% of readings from the past 12 months, suggesting options players are pricing in low volatility expectations for the stock at the moment. 

From a fundamental point of view, Skyworks stock does not offer the greatest security or consistency, with the company’s top- and bottom-lines declining on an annual basis between fiscal 2018 and fiscal 2020. However, SWKS has managed to improve greatly over the past 12 months. In addition, Skyworks stock has a decent forward price-earnings ratio of 14.24, which is a considerable improvement on its current price-earnings ratio of 18.29. Overall, SWKS has potential to return to its previous highs in the coming year as Skyworks stock’s valuation begins to price-in the company’s boost in revenues and net income.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI