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SkyWater Technology (SKYT)
NASDAQ:SKYT
SkyWater Technology (SKYT) Stock Price & Analysis
477 Followers
SKYT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.73 - $12.97
Previous Close$7.62
Volume383.17K
Average Volume (3M)486.96K
Market Cap
$360.81M
Enterprise Value$412.22M
Total Cash (Recent Filing)$18.38M
Total Debt (Recent Filing)$62.84M
Price to Earnings (P/E)―
Beta2.43
Next Earnings
Jul 30, 2024EPS Estimate
-$0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.70
Shares Outstanding47,349,929
10 Day Avg. Volume453,295
30 Day Avg. Volume486,963
Standard Deviation0.36
R-Squared0.35
Alpha0.00737
Financial Highlights & Ratios
Price to Book (P/B)7.57
Price to Sales (P/S)4.56
Price to Cash Flow (P/CF)2.90
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.44
Enterprise Value/Gross Profit6.95
Enterprise Value/Ebitda32.92
Forecast
1Y Price Target
$12.67Price Target Upside67.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
SkyWater Technology News
PremiumCompany Announcements
SkyWater Technology Welcomes New Board Members in 2024
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSkyWater's record ATS revenue demonstrates a robust growth trajectory in its advanced technology services, signaling potential for continued financial success.
Government SupportThe Department of Defense's commitment to fund SkyWater with approximately $120M over five years highlights strong government support and confidence in the company's ability to advance domestic technology capabilities.
Revenue GrowthWith SkyWater's sales increasing for the sixth consecutive quarter, the consistent growth underscores the company's expanding market presence and rising demand for its services.
Bears Say
Financial PerformanceHigher accrued costs on an A&D project and multiple margin headwinds indicate GM will remain under pressure.
Operational EfficiencyWith increased OpEx, leverage is further challenged.
ProfitabilityATS strength is not translating into better overall company profitability.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SKYT FAQ
What was SkyWater Technology’s price range in the past 12 months?
SkyWater Technology lowest stock price was $4.73 and its highest was $12.97 in the past 12 months.
What is SkyWater Technology’s market cap?
Currently, no data Available
When is SkyWater Technology’s upcoming earnings report date?
SkyWater Technology’s upcoming earnings report date is Jul 30, 2024 which is in 59 days.
How were SkyWater Technology’s earnings last quarter?
SkyWater Technology released its earnings results on May 08, 2024. The company reported -$0.08 earnings per share for the quarter, missing the consensus estimate of -$0.048 by -$0.032.
Is SkyWater Technology overvalued?
According to Wall Street analysts SkyWater Technology’s price is currently Undervalued.
Does SkyWater Technology pay dividends?
SkyWater Technology does not currently pay dividends.
What is SkyWater Technology’s EPS estimate?
SkyWater Technology’s EPS estimate is -$0.11.
How many shares outstanding does SkyWater Technology have?
SkyWater Technology has 47,349,930 shares outstanding.
What happened to SkyWater Technology’s price movement after its last earnings report?
SkyWater Technology reported an EPS of -$0.08 in its last earnings report, missing expectations of -$0.048. Following the earnings report the stock price went down -5.821%.
Which hedge fund is a major shareholder of SkyWater Technology?
Among the largest hedge funds holding SkyWater Technology’s share is Driehaus Capital Management LLC. It holds SkyWater Technology’s shares valued at 13M.
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SkyWater Technology Stock Smart Score
Neutral
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$12.67 (67.59% Upside)
$12.67 (67.59% Upside)
Blogger Sentiment
Bullish
SKYT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 198.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 15.2%
Last 30 Days ▲ 15.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-26.16%
12-Months-Change
Fundamentals
Return on Equity
-59.75%
Trailing 12-Months
Asset Growth
6.64%
Trailing 12-Months
Company Description
SkyWater Technology
SkyWater Technology Inc is a pure-play technology foundry that offers advanced semiconductor development and manufacturing services from its fabrication facility, in Minnesota and advanced packaging services from the Florida facility. It specializes in advanced Innovation Engineering Services and volume manufacturing of a wide variety of differentiated integrated circuits.
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SKYT Company Deck
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SKYT Earnings Call
Q1 2024
0:00 / 0:00
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SKYT Stock 12 Month Forecast
Average Price Target
$12.67
▲(67.59% Upside)
Technical Analysis
Best Analysts Covering SKYT
1 Year
1 Year Success Rate
4/10 ratings generated profit
1 Year Average Return
-8.42%
reiterated a buy rating 23 days ago
Copying Harsh Kumar's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -8.42% per trade.
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