Last Updated: 18 Sep 2024
Executive Summary
Skywater Technology Inc. (SKYT) is a semiconductor manufacturing company with a market capitalization of $438.23 million. The company's latest stock price is $9.19. SKYT has a trailing twelve-month revenue of $323.74 million, an EBITDA of $14.13 million, and a diluted EPS of -$0.55. The company's profit margin is -7.88%, and its return on assets and equity are -1.66% and -34.4%, respectively.
Company Overview
Skywater Technology is headquartered in Bloomington, Minnesota. The company manufactures integrated circuits and provides design services to the semiconductor industry. Skywater's products are used in a variety of applications, including automotive, industrial, medical, and aerospace.
Fundamental Analysis
Skywater Technology's financial performance has been mixed in recent quarters. The company's revenue has grown by 33.7% year-over-year, but its earnings have declined. The company's profit margin has also been negative in recent quarters.
Skywater Technology's balance sheet is relatively strong. The company has $104.8 million in cash and equivalents and $147.2 million in total debt. The company's debt-to-equity ratio is 0.54.
Technical Analysis
Skywater Technology's stock price has been trending sideways in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 47.5, which indicates that the stock is neither overbought nor oversold.
Short Term Outlook
Skywater Technology's stock price is likely to remain range-bound in the short term. The company's financial performance has been mixed, and the stock's technical indicators are neutral.
Long Term Outlook
Skywater Technology has a strong position in the semiconductor industry. The company's products are used in a variety of applications, and the company has a strong balance sheet. However, the company's financial performance has been mixed in recent quarters, and the stock's technical indicators are neutral. As a result, the long-term outlook for Skywater Technology's stock is uncertain.
Analyst Recommendations
Four analysts have a buy rating on Skywater Technology's stock, and one analyst has a hold rating. The average analyst target price is $11.00.
