The forward PE is just 15 based on the current EPS estimate for 2016. No one is short because it's undervaled at this PE. Further, all the insider sales are pre-scheduled several months, if not a year, in advance. Don't be so dramatic. Scare tactics are for rookies. One question for you drama queen...what if there is a hint of accelerating growth? Better cover.
A couple thoughts, if I may, lilly:
1. I've learned it's not wise to see the pps reaction to the earnings of other company's and apply it to those I own in a different market segment.. Every company has its own story over the long term.
2. I own for the long term, and that takes out the short term impact of any given quarterly result.
3. Patience pays when you own growth company's. Let the Wall Street games be played at earnings times, and buy the dips the games cause. For instance, I did not sell one share during the 25% pullback in October. I did buy more in the high $40's and low $50's, though.
4. Skyworks' leadership is now talking in terms of $7 EPS and $4b in revenue going forward. Good management teams do not mention,such numbers unless they have a clear path to achieve them. One quarter will not derail their thinking...or mine.
5. If you have a "Golden Rule" of investing, I would always follow it. That's just being disciplined with your investing strategy and philosophy. Sometimes you will make money because of it, sometimes you won't. But, I would be true to such a stance.
Good luck longs!
$85 by April 1. But, right after an earnings beat and great guidance SWKS will sell off about 3.5% to the $74's. That will be all the MOMO weaklings taking their $4 of profits and running to buy some gum...as usual. Then the stock will get traction again and return to over $77 by very early February. I mean, why should this quarter be any different?
No split...maybe ever. No dividend raise tomorrow. If the dividend is raised, it will happen on an annual basis, IMO. So, around 11/01/15.
Which is, undoubtedly, why they are thinking of (and speaking of) their future business in terms of $4b in sales and $7 EPS.
Thanks for the post, toast. I appreciate all the digging you do.
Obviously, you know this toast. You are simply describing the risk of investing in the stock of company..."not knowing". You CAN'T know. No one can. That's why, IMO, the management team and what they are saying is so important. They are the best window into answering concerns like yours'. If they are thinking in terms of $7 EPS, is the question about Xiomai and Apple even one worth pondering? Obviously, they like what they see in the pipeline, and that's good enough for me as an investor.
I have learned, sometimes the hard way, when the market "does not make sense", the best thing to do is either nothing or buy more of the best in breed stocks. Selling is almost always the wrong move in these cases.
My thoughts...SWKS' management has recently stated two key facts about the future of their business. They are as follows:
1. Their content in smartphones is trending higher....from less than a dollar a few years ago to $10-$12 in new and upcoming smartphones.
2. Executive leadership at SWKS now views their business in terms of $4b in sales and $7 in EPS in the foreseeable future.
One can wonder about their relationships in China and the future of AAPL's sales, but these are things that create noise, and can't be known by investors. I hang my hat on the leadership at SWKS and how they view their future. They KNOW their relations and product pipeline and competitive advantages and demand trends, etc. What they KNOW is manifested in their EPS view of $7 going forward. I'm invested in that.
By February 1 you will have covered your short never to be heard from on this board again. In the meantime, off to my ignore prison with the other nimrods.
I'm giving them the benefit of the doubt which is probably the wrong thing to do. I mean, the mentaity of a short is usually one of arrogance and superiority. They think they know things WAY before anyone else because they are smarter and wiser, and everyone else should learn from them.
You're right, SVS. I'm giving shorts way too much credit.
More and more investors are understanding there's an expanding market for swks' products, and that swks is best positioned to capture the growing market. And, those investors are getting out of the way as a short. Of course, there is always someone who will be last to understand. I wonder who that will be.
Long ago I put ole sakensuck on ignore. So, I've lost track of its jibberish posts. I do remember it was really proud of its short position in the low $50's, though. Maybe that's the reason for the $44 call. It's just begging at this point. That's all that can be done if you're short from $50.
If you call anything one way long enough, you will likely be right at some point. Timing is everything, though. I mean, suppose he's right and swks pulls back 20% at $150 and goes back to $120. You tell me...was he REALLY right?