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Are Investors Undervaluing Skyworks Solutions (SWKS) Right Now?
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company to watch right now is Skyworks Solutions (SWKS - Free Report) . SWKS is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 11.97, while its industry has an average P/E of 13.09. Over the last 12 months, SWKS's Forward P/E has been as high as 13.51 and as low as 8.11, with a median of 11.96.
Investors should also note that SWKS holds a PEG ratio of 1.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. SWKS's industry has an average PEG of 1.18 right now. Over the last 12 months, SWKS's PEG has been as high as 1.23 and as low as 0.66, with a median of 0.92.
These are just a handful of the figures considered in Skyworks Solutions's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SWKS is an impressive value stock right now.
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Are Investors Undervaluing Skyworks Solutions (SWKS) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company to watch right now is Skyworks Solutions (SWKS - Free Report) . SWKS is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 11.97, while its industry has an average P/E of 13.09. Over the last 12 months, SWKS's Forward P/E has been as high as 13.51 and as low as 8.11, with a median of 11.96.
Investors should also note that SWKS holds a PEG ratio of 1.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. SWKS's industry has an average PEG of 1.18 right now. Over the last 12 months, SWKS's PEG has been as high as 1.23 and as low as 0.66, with a median of 0.92.
These are just a handful of the figures considered in Skyworks Solutions's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SWKS is an impressive value stock right now.