Skyworks Solutions (SWKS) is a Top-Ranked Value Stock: Should You Buy?
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
Skyworks Solutions (SWKS)
Headquartered in Irvine, CA, Skyworks Solutions Inc. designs, manufactures, and markets a broad range of high-performance analog and mixed signal semiconductors that enable wireless connectivity.
SWKS sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of B. Compared to the Semiconductors - Radio Frequency industry's P/E of 11X, shares of Skyworks Solutions are trading at a forward P/E of 8.9X. SWKS also has a PEG Ratio of 0.8, a Price/Cash Flow ratio of 7.9X, and a Price/Sales ratio of 2.9X.
A company's earnings performance is important for value investors as well. For fiscal 2022, seven analysts revised their earnings estimate higher in the last 60 days for SWKS, while the Zacks Consensus Estimate has increased $0.09 to $11.12 per share. SWKS also holds an average earnings surprise of 2%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding SWKS to their portfolios.
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Skyworks Solutions, Inc. (SWKS) : Free Stock Analysis Report
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