With 4.09 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.14 million shares. The 52-week range on SWKS shows that it touched its highest point at $120.86 and its lowest point at $47.93 during that stretch. It currently has a 1-year price target of $68.94. With its current market cap of 10.63 billion, SWKS has annualized dividend of $2.80 while the current yield stands at 3.96%. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SWKS was up-trending over the past week, with a rise of 1.85%, but this was up by 7.23% over a month. Three-month performance surged to 5.76% while six-month performance fell -20.01%. The stock lost -22.55% in the past year, while it has lost -20.18% so far this year. A look at the trailing 12-month EPS for SWKS yields 2.56 with Next year EPS estimates of 4.24. For the next quarter, that number is 1.24. This implies an EPS growth rate of -18.86% for this year and -16.59% for next year. EPS is expected to decline by -6.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.48%.
Float and Shares Shorts:
At present, 153.60 million SWKS shares are outstanding with a float of 149.49 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SWKS since 18 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.60679 being high and $5.98012 being low. For SWKS, this leads to a yearly average estimate of $6.25156.
