United Microelectronics Corporation (UMC) And Skyworks Solutions, Inc. (SWKS): What To Do Now?

0 analysts out of 1 Wall Street brokerage firms rate United Microelectronics Corporation (NYSE:UMC) as a Buy, while 1 see it as a Sell. The rest 0 describe it as a Hold. UMC stock traded higher to an intra-day high of $1.86. At one point in session, its potential discontinued and the price was down to lows at $1.83. Analysts have set UMC’s consensus price at $1.49, effectively giving it a -19.02% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $2.53 (up 37.5% from current price levels). UMC has a 0% ROE, higher than the -5.69% average for the industry. The average ROE for the sector is 13.93%.

United Microelectronics Corporation (UMC) currently trades at $1.84, which is lower by -1.08% its previous price. It has a total of 2.54 billion outstanding shares, with an ATR of around 0.04. The company’s stock volume dropped to 1.1 million, worse than 753.12 thousands that represents its 50-day average. A 5-day decrease of about -4.17% in its price means UMC is now 2.79% higher on year-to-date. The shares have surrendered $43415.16 since its $3.14 52-week high price recorded on 13th of June 2018. Overall, it has seen a growth rate of -29.5 over the last 12 months. The current price per share is $0.2 above the 52 week low of $1.64 set on 13th of November 2018.

United Microelectronics Corporation (NYSE:UMC)’s EPS was $0.02 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.03. That means that its growth in general now stands at -33%. Therefore, a prediction of $0.02 given by the analysts brought a negative surprise of 0%. UMC Sep 19 quarter revenue was $1.29 billion, compared to $1.23 billion recorded in same quarter last year, giving it a 5% growth rate. The company’s $0.06 billion revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Skyworks Solutions, Inc. (NASDAQ:SWKS) shares depreciated -0.42% over the last trading period, taking overall 5-day performance up to 2.43%. SWKS’s price now at $81.43 is greater than the 50-day average of $76.04. Getting the trading period increased to 200 days, the stock price was seen at $84.76 on average. The general public currently hold control of a total of 173.32 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 176.6 million. The company’s management holds a total of 0.2%, while institutional investors hold about 83.9% of the remaining shares. SWKS share price finished last trade -0.61% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -4.03%, while closing the session with 7.49% distance from 50 day simple moving average.

Skyworks Solutions, Inc. (SWKS) shares were last observed trading -27.42% down since March 15, 2018 when the peak of $112.2 was hit. Last month’s price growth of -2.57% puts SWKS performance for the year now at 21.5%. Consequently, the shares price is trending higher by 35.46%, a 52-week worst price since Jan. 03, 2019. However, it is losing value with -5.13% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $79.92 and $80.68. The immediate resistance area is now $82.52 Williams’s %R (14) for SWKS moved to 43.69 while the stochastic %K points at 62.79.

SWKS’s beta is 0.69; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $6.07 per share from its yearly profit to its outstanding shares. Its last reported revenue is $972 million, which was -8% versus $1.05 billion in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $1.83 compared to $2 in the year-ago quarter and had represented -9% year-over-year earnings per share growth. SWKS’s ROA is 23.7%, higher than the 17.45% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 12.27%.

Estimated quarterly earnings for Skyworks Solutions, Inc. (NASDAQ:SWKS) are around $1.3 per share in three months through March with $1.3 also the estimate for June quarter of the fiscal year. It means the growth is estimated at -13.33% and -16.67%, respectively. Analysts estimate full-year growth to be -9.8%, the target being $5.98 a share. The upcoming year will see an increase in growth by percentage to 10.7%, more likely to see it hit the $6.62 per share. The firm’s current profit margin over the past 12 months is 29.9%. SWKS ranks higher in comparison to an average of 19.1% for industry peers; while the average for the sector is 16.25%.