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SkyWater Technology (SKYT)
NASDAQ:SKYT
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SKYT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.73 - $12.97
Previous Close$9.23
Volume232.56K
Average Volume (3M)383.90K
Market Cap
$438.24M
Enterprise Value$491.50M
Total Cash (Recent Filing)$18.36M
Total Debt (Recent Filing)$66.27M
Price to Earnings (P/E)―
Beta2.95
Next Earnings
Nov 05, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.54
Shares Outstanding47,479,418
10 Day Avg. Volume346,439
30 Day Avg. Volume383,898
Standard Deviation0.35
R-Squared0.31
Alpha-0.00542
Financial Highlights & Ratios
Price to Book (P/B)8.55
Price to Sales (P/S)1.37
Price to Cash Flow (P/CF)11.90
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.52
Enterprise Value/Gross Profit8.29
Enterprise Value/Ebitda44.93
Forecast
1Y Price Target
$11.00Price Target Upside19.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
SkyWater Technology News
Bulls Say, Bears Say
Bulls Say
EarningsSkyWater posted solid 2Q24 results driven by record ATS and Tool Sales that ultimately led to profitability for the first time in company history.
Financial PerformanceRecord ATS revenue ($61MM, +7% Q/Q, +28% Y/Y) is encouraging.
Gross MarginAs customers transition from ATS to Wafer Services, this is expected to provide a tailwind to gross margin.
Bears Say
Financial PerformanceGross margin has been stagnant the last few quarters.
Operating ExpensesMultiple margin headwinds and higher operating expenses indicate GM will remain under pressure.
ProfitabilityProfitability challenges lead to a lower target EV/Sales multiple.
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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 Nov 05, 2024 which is in 48 days.
How were SkyWater Technology’s earnings last quarter?
SkyWater Technology released its earnings results on Aug 07, 2024. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of -$0.106 by $0.126.
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 >-$0.01.
How many shares outstanding does SkyWater Technology have?
SkyWater Technology has 47,479,420 shares outstanding.
What happened to SkyWater Technology’s price movement after its last earnings report?
SkyWater Technology reported an EPS of $0.02 in its last earnings report, beating expectations of -$0.106. Following the earnings report the stock price went up 47.552%.
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 5M.
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SkyWater Technology Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$11.00 (19.70% Upside)
$11.00 (19.70% Upside)
Blogger Sentiment
Bullish
SKYT Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 630.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $97.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.35%
12-Months-Change
Fundamentals
Return on Equity
-46.07%
Trailing 12-Months
Asset Growth
-2.79%
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
Q2 2024
0:00 / 0:00
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SKYT Stock 12 Month Forecast
Average Price Target
$11.00
▲(19.70% Upside)
Technical Analysis
Best Analysts Covering SKYT
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
+0.31%
reiterated a buy rating last month
Copying Harsh Kumar's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +0.31% per trade.
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