In last trading session, SkyWater Technology Inc (NASDAQ:SKYT) saw 1.0 million shares changing hands with its beta currently measuring 3.42. Company’s recent per share price level of $10.45 trading at $0.97 or 10.23% at ring of the bell on the day assigns it a market valuation of $501.99M. That closing price of SKYT’s stock is at a discount of -81.82% from its 52-week high price of $19.00 and is indicating a premium of 46.12% from its 52-week low price of $5.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.72 million shares which gives us an average trading volume of 656.08K if we extend that period to 3-months.
For SkyWater Technology Inc (SKYT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
SkyWater Technology Inc (NASDAQ:SKYT) trade information
Upright in the green during last session for gaining 10.23%, in the last five days SKYT remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $10.45 price level, adding 1.51% to its value on the day. SkyWater Technology Inc’s shares saw a change of 44.34% in year-to-date performance and have moved 17.68% in past 5-day. SkyWater Technology Inc (NASDAQ:SKYT) showed a performance of 10.23% in past 30-days. Number of shares sold short was 3.59 million shares which calculate 4.74 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 15 to the stock, which implies a rise of 30.33% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would jump 13.88% in reaching the projected high whereas dropping to the targeted low would mean a gain of 13.88% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.37% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -225.73% while estimates for its earnings growth in next 5 years are of 81.71%.
SkyWater Technology Inc (NASDAQ:SKYT)’s Major holders
Insiders are in possession of 46.25% of company’s total shares while institution are holding 31.03 percent of that, with stock having share float percentage of 57.73%. Investors also watch the number of corporate investors in a company very closely, which is 31.03% institutions for SkyWater Technology Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SKYT for having 1.56 million shares of worth $11.96 million. And as of 2024-06-30, it was holding 3.2987 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.38 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.9129 of outstanding shares, having a total worth of $10.56 million.
