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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$5.63 - $12.97
Previous Close$7.94
Volume260.21K
Average Volume (3M)347.27K
Market Cap
$378.39M
Enterprise Value$430.92M
Total Cash (Recent Filing)$20.68M
Total Debt (Recent Filing)$60.83M
Price to Earnings (P/E)―
Beta2.40
Next Earnings
Feb 25, 2025EPS Estimate
-$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.35
Shares Outstanding47,655,998
10 Day Avg. Volume502,315
30 Day Avg. Volume347,267
Standard Deviation0.34
R-Squared0.31
Alpha-0.00365
Financial Highlights & Ratios
Price to Book (P/B)7.09
Price to Sales (P/S)1.13
Price to Cash Flow (P/CF)6.80
P/FCF Ratio57.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.25
Enterprise Value/Gross Profit7.27
Enterprise Value/Ebitda24.12
Forecast
1Y Price Target
$13.25Price Target Upside66.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
SkyWater Technology News
PremiumCompany Announcements
SkyWater Technology’s Q3 2024: Record Revenue Growth
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSKYT reported better-than-expected results and provided guidance above Street forecasts, showcasing strong financial performance.
ProfitabilitySkyWater achieved profitability for the first time in company history, thanks to record sales in Advanced Technology Services and Tool Sales.
Revenue GrowthAdvanced Technology Services revenue reached a new quarterly record of $88M, driven by strength in aero/defense and biomedical markets.
Bears Say
Industry WeaknessHigher Wafer Service revenues are desired but are delayed due to ongoing softness in the industrial sector.
Profitability IssuesGross margin has been stagnant over the last few quarters, raising concerns about profitability.
Revenue DeclineWafer Services revenues declined to $6M with future sales expected to be lower, indicating a significant year-over-year drop.
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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 $5.63 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 Feb 25, 2025 which is in 65 days.
How were SkyWater Technology’s earnings last quarter?
SkyWater Technology released its earnings results on Nov 07, 2024. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of -$0.016 by $0.096.
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 -$0.06.
How many shares outstanding does SkyWater Technology have?
SkyWater Technology has 47,656,000 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, beating expectations of -$0.016. Following the earnings report the stock price went down -13.806%.
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 6M.
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SkyWater Technology Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$13.25 (66.88% Upside)
$13.25 (66.88% Upside)
Blogger Sentiment
Bullish
SKYT Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 114.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.82%
12-Months-Change
Fundamentals
Return on Equity
-27.62%
Trailing 12-Months
Asset Growth
5.13%
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
Q3 2024
0:00 / 0:00
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SKYT Stock 12 Month Forecast
Average Price Target
$13.25
▲(66.88% Upside)
Technical Analysis
Best Analysts Covering SKYT
1 Year
1 Year Success Rate
5/12 ratings generated profit
1 Year Average Return
-5.98%
reiterated a buy rating 2 months ago
Copying Harsh Kumar's trades and holding each position for 1 Year would result in 41.67% of your transactions generating a profit, with an average return of -5.98% per trade.
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