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Skywater Technology Inc (SKYT)
:SKYT
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SKYT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.63 - $19.00
Previous CloseN/A
Volume1.27M
Average Volume (3M)1.35M
Market Cap
$548.04M
Enterprise Value$492.64M
Total Cash (Recent Filing)$4.61M
Total Debt (Recent Filing)$43.84M
Price to Earnings (P/E)―
Beta1.87
Next Earnings
Feb 25, 2025EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.35
Shares Outstanding47,656,000
10 Day Avg. Volume933,367
30 Day Avg. Volume1,349,957
Standard Deviation0.35
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.59
Price to Cash Flow (P/CF)9.60
P/FCF Ratio80.50
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue1.42
Enterprise Value/Gross Profit8.31
Enterprise Value/Ebitda27.58
Forecast
1Y Price Target
$13.25Price Target Upside14.72% 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 Inc’s price range in the past 12 months?
Skywater Technology Inc lowest stock price was $5.63 and its highest was $19.00 in the past 12 months.
What is Skywater Technology Inc’s market cap?
Skywater Technology Inc’s market cap is $548.04M.
When is Skywater Technology Inc’s upcoming earnings report date?
Skywater Technology Inc’s upcoming earnings report date is Feb 25, 2025 which is in 35 days.
How were Skywater Technology Inc’s earnings last quarter?
Skywater Technology Inc 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 Inc overvalued?
According to Wall Street analysts Skywater Technology Inc’s price is currently Undervalued.
Does Skywater Technology Inc pay dividends?
Skywater Technology Inc does not currently pay dividends.
What is Skywater Technology Inc’s EPS estimate?
Skywater Technology Inc’s EPS estimate is -0.06.
How many shares outstanding does Skywater Technology Inc have?
Skywater Technology Inc has 47,656,000 shares outstanding.
What happened to Skywater Technology Inc’s price movement after its last earnings report?
Skywater Technology Inc 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 Inc?
Among the largest hedge funds holding Skywater Technology Inc’s share is Driehaus Capital Management LLC. It holds Skywater Technology Inc’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 (14.72% Upside)
$13.25 (14.72% Upside)
Blogger Sentiment
Bullish
SKYT Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 114.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 10.3%
Last 30 Days ▲ 10.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.72%
12-Months-Change
Fundamentals
Return on Equity
-27.62%
Trailing 12-Months
Asset Growth
5.13%
Trailing 12-Months
Company Description
Skywater Technology Inc
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
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with a record revenue performance, strong gross margin results, and strategic partnerships indicating future growth. Despite temporary challenges in ATS revenue and slightly lower tool revenue guidance, the overall outlook remains optimistic.Read More>---
SKYT Stock 12 Month Forecast
Average Price Target
$13.25
▲(14.72% Upside)
Technical Analysis
Best Analysts Covering SKYT
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+7.42%
reiterated a buy rating 2 months ago
Copying Richard Shannon's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +7.42% per trade.
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