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SKYT

SKYT - SkyWater Technology, Inc. Stock Price, Fair Value and News

7.57USD+0.51 (+7.22%)Market Closed

Market Summary

SKYT
USD7.57+0.51
Market Closed
7.22%

SKYT Stock Price

View Fullscreen

SKYT RSI Chart

SKYT Valuation

Market Cap

358.4M

Price/Earnings (Trailing)

-11.13

Price/Sales (Trailing)

1.19

EV/EBITDA

34.8

Price/Free Cashflow

35.08

SKYT Price/Sales (Trailing)

SKYT Profitability

Operating Margin

18.59%

EBT Margin

-8.87%

Return on Equity

-62.74%

Return on Assets

-10.32%

Free Cashflow Yield

2.85%

SKYT Fundamentals

SKYT Revenue

Revenue (TTM)

300.2M

Rev. Growth (Yr)

20.49%

Rev. Growth (Qtr)

0.61%

SKYT Earnings

Earnings (TTM)

-32.2M

Earnings Growth (Yr)

-34.07%

Earnings Growth (Qtr)

44.51%

Breaking Down SKYT Revenue

Last 7 days

-1.2%

Last 30 days

-11.2%

Last 90 days

-22.5%

Trailing 12 Months

-17.5%

How does SKYT drawdown profile look like?

SKYT Financial Health

Current Ratio

0.96

Debt/Equity

0.69

Debt/Cashflow

0.48

SKYT Investor Care

Shares Dilution (1Y)

6.47%

Diluted EPS (TTM)

-0.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024300.2M000
2023230.9M253.3M272.6M286.7M
2022162.9M169.1M186.4M212.9M
2021151.6M162.1M164.1M162.8M
2020000140.4M
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Tracking the Latest Insider Buys and Sells of SkyWater Technology, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 14, 2024
fares nancy
sold
-70,508
7.967
-8,850
-
May 22, 2024
leong chunyi (amy)
acquired
-
-
12,285
-
May 22, 2024
humke joseph j
acquired
-
-
12,285
-
May 22, 2024
goetz dennis j
acquired
-
-
12,285
-
May 22, 2024
daly edward
acquired
-
-
12,285
-
May 22, 2024
unterseher loren a
acquired
-
-
12,285
-
May 22, 2024
fares nancy
acquired
-
-
12,285
-
May 22, 2024
obermiller gary j
acquired
-
-
12,285
-
May 22, 2024
graves gregory b
acquired
-
-
12,285
-
May 21, 2024
graves gregory b
sold
-44,013
8.1026
-5,432
-

1–10 of 50

Which funds bought or sold SKYT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 10, 2024
CWM, LLC
added
1,042
3,000
3,000
-%
Jul 01, 2024
Legal & General Group Plc
reduced
-4.39
221
20,615
-%
May 24, 2024
Cetera Investment Advisers
new
-
231,062
231,062
-%
May 16, 2024
Adalta Capital Management LLC
reduced
-40.00
-52,770
91,530
0.05%
May 16, 2024
JANE STREET GROUP, LLC
added
81.71
247,429
516,077
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-37.93
-9,993
19,069
-%
May 16, 2024
Creekmur Asset Management LLC
sold off
-100
-962
-
-%
May 15, 2024
Centiva Capital, LP
new
-
230,289
230,289
0.01%
May 15, 2024
Stone House Investment Management, LLC
new
-
2,715
2,715
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
added
141
326,137
535,766
-%

1–10 of 42

Are Funds Buying or Selling SKYT?

Are funds buying SKYT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SKYT
No. of Funds

Unveiling SkyWater Technology, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cmi oxbow partners, llc
29.6%
13,897,282
SC 13G/A
Jan 05, 2024
zibrowski bart l
9.22%
4,336,876
SC 13G/A
Feb 14, 2023
cmi oxbow partners, llc
52.0%
21,622,393
SC 13G/A
Feb 09, 2023
zibrowski bart l
11.4%
5,157,040
SC 13G/A
Sep 12, 2022
zibrowski bart l
13.1%
5,299,080
SC 13G
Feb 11, 2022
cmi oxbow partners, llc
70.6%
27,559,404
SC 13G

Recent SEC filings of SkyWater Technology, Inc.

View All Filings
Date Filed Form Type Document
Jun 26, 2024
144
Notice of Insider Sale Intent
Jun 26, 2024
8-K
Current Report
Jun 18, 2024
4
Insider Trading
Jun 14, 2024
144
Notice of Insider Sale Intent
May 30, 2024
SD
SD
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading

Peers (Alternatives to SkyWater Technology, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.2T
79.8B
3.17% 180.93%
74.6
39.83
208.27% 788.74%
293.6B
22.8B
13.36% 56.70%
263.09
12.88
-1.16% 182.53%
202.0B
26.5B
2.43% 70.65%
27.66
7.62
-0.51% 12.58%
146.9B
55.2B
12.16% 1.86%
36.12
2.66
-2.09% 242.32%
118.4B
10.5B
0.05% 20.32%
55.31
11.31
-18.69% -40.94%
MID-CAP
10.4B
6.4B
18.30% 42.56%
27.77
1.62
-8.17% -41.71%
7.3B
1.8B
10.80% 67.82%
26.75
4.11
-5.73% 55.39%
4.8B
1.1B
8.73% -18.44%
19.34
4.29
16.34% 32.25%
3.9B
1.5B
12.44% -10.61%
22.89
2.6
-24.64% -48.42%
2.6B
218.8M
8.57% -25.94%
-14.9
11.67
-29.29% -89.52%
SMALL-CAP
1.5B
635.7M
-0.29% 76.19%
17.15
2.36
51.02% 67.91%
1.2B
657.5M
37.95% 29.79%
-128.46
1.85
-9.15% -119.91%
455.4M
71.9M
13.72% -61.98%
29.57
6.34
14.14% 8.17%
111.9M
550.0K
6.92% -55.21%
-5.71
203.37
43.98% -6.63%
93.8M
108.8M
10.18% -33.27%
-4.38
0.86
1.54% -244.16%

SkyWater Technology, Inc. News

Latest updates
StockTitan10 Jul 202408:05 pm
Defense World10 Jul 202406:44 am

SkyWater Technology, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q1
Revenue0.6%79,636,00079,153,00071,624,00069,811,00066,094,00065,087,00052,326,00047,407,00048,121,00038,533,00035,025,00041,189,00048,101,00039,772,00033,003,00030,759,00036,904,000
Cost Of Revenue-0.7%66,656,00067,143,00057,477,00053,144,00049,626,00048,537,00044,049,00045,327,00049,061,00055,156,00036,852,00039,377,00038,935,00036,244,00025,725,00025,297,00030,480,000
Gross Profit8.1%12,980,00012,010,00014,147,00016,667,00016,468,00016,550,0008,277,0002,080,000-940,000-16,623,000-1,827,0001,812,0009,166,0003,528,0007,278,0005,462,0006,424,000
Costs and Expenses167.9%322,000-474,000496,000565,000611,000668,500824,000436,000401,000387,000349,000402,000587,000442,000---
Operating Expenses-------------587,000----
  S&GA Expenses-26.0%11,169,00015,090,50016,105,00017,820,00014,895,00013,040,00010,778,00010,795,00011,690,0009,951,0009,626,00015,415,0008,603,000213,0005,765,0006,921,0005,633,000
  R&D Expenses39.7%4,012,0002,872,5002,233,0002,396,0002,668,0002,208,0002,580,0002,361,0002,282,0001,228,0002,253,0003,339,0001,927,0001,672,0001,088,000786,000662,000
EBITDA Margin-27.4%0.040.050.080.080.05-0.01-0.17-0.22-0.23-0.14-0.020.04-----
Interest Expenses-17.5%2,390,0002,898,0002,507,0002,950,0002,471,0001,794,0001,331,0001,040,0001,029,000839,000733,000912,0001,058,000229,0001,303,0001,322,0001,462,000
Income Taxes109.1%41,000-450,000-96,00025,000-853,00087,00063,000-194,000-2,322,000194,000-4,237,000-425,0004,631,000316,000915,000-943,000
Earnings Before Taxes48.1%-4,591,000-8,851,000-6,698,000-6,499,000-3,566,000-1,593,000-6,412,000-12,116,000-15,941,000-28,487,000-12,769,000-10,459,000-2,478,000-6,764,000-1,338,000-4,378,000-2,315,000
EBT Margin0.7%-0.09-0.09-0.07-0.07-0.10-0.17-0.34-0.41-0.42-0.33-0.20-0.13-----
Net Income44.5%-5,729,000-10,325,000-7,568,000-8,590,000-4,273,000-3,043,000-6,939,000-13,005,000-16,606,000-27,036,000-13,870,000-6,979,000-2,811,000903,000-1,654,000-5,293,000-1,372,000
Net Income Margin0.0%-0.11-0.11-0.09-0.09-0.12-0.19-0.34-0.42-0.40-0.31-0.14-0.07-----
Free Cashflow-119.2%-5,183,00026,989,000-4,910,000-6,679,000-13,937,000-14,017,0001,992,000-4,119,000-15,206,000-19,424,000-23,309,000-30,107,000-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets-1.4%312317300299293306271277272264272319252263
  Current Assets-2.3%14314612411810811777.0080.0074.0074.0078.0013170.0077.00
    Cash Equivalents8.8%20.0018.0017.0016.0014.0030.009.0011.006.0013.008.0065.004.007.00
  Inventory1.4%16.0015.0017.0016.0014.0013.0012.0012.0013.0018.0031.0029.0031.0027.00
  Net PPE----------180184179173178
Liabilities-1.2%253256232236235252235239224204187223257265
  Current Liabilities3.2%14914412813012313273.0065.0055.0048.0055.0067.0076.0086.00
  Short Term Borrowings43.3%33.0023.0045.0054.0052.0056.00--------
  Long Term Debt-1.2%36.0036.0038.0035.0035.0035.0073.0077.0068.0058.0035.0065.0082.0070.00
    LT Debt, Current-8.7%4.004.004.002.002.002.001.001.001.001.001.001.004.003.00
    LT Debt, Non Current-1.2%36.0036.0038.0035.0035.0035.0073.0077.0068.0058.0035.0065.0082.0070.00
Shareholder's Equity-4.5%51.0054.0063.0063.0057.0054.0036.0038.0048.0060.0085.0095.00--
  Retained Earnings-4.6%-130-125-114-107-98.72-94.07-91.03-84.09-71.08-54.48-27.44-13.57-6.59-3.78
  Additional Paid-In Capital1.9%182178177166155147127122119115113110--
Shares Outstanding0.7%47.0047.0047.0045.0044.0044.0040.0040.0040.0029.0026.0035.00--
Minority Interest15.8%8.007.005.004.001.000.00-0.37-0.38-0.68-1.20-1.11-1.43-1.79-1.57
Float----175---62.00---258--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q1
Cashflow From Operations-112.4%-3,92431,743-3,654-6,922-11,086-8,2897,854-3,070-10,792-18,439-6,430-22,387-8,4244,526-11,36652,58450,451
  Share Based Compensation74.6%2,0721,1871,8531,9671,8531,5771,6992,1183,2162,1303,3956,7732351,589186189676
Cashflow From Investing65.6%-2,070-6,013-1,256-156-3,064-5,728-5,862-1,049-4,814624-17,192-7,858-5,397-22,461-28,957-25,984-10,775
Cashflow From Financing130.8%7,614-24,6946,0789,416-2,03534,720-3,6448,6589,12422,274-32,52390,63210,6016,964-9183,015-14,248
  Buy Backs--------------1,021---
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SKYT Income Statement

2024-03-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Income Statement [Abstract]  
Revenue$ 79,636$ 66,094
Cost of revenue66,65649,626
Gross profit12,98016,468
Research and development expense4,0122,668
Selling, general, and administrative expense11,16914,895
Operating loss(2,201)(1,095)
Interest expense(2,390)(2,471)
Loss before income taxes(4,591)(3,566)
Income tax expense410
Net loss(4,632)(3,566)
Less: net income attributable to noncontrolling interests1,097707
Net loss attributable to SkyWater Technology, Inc.$ (5,729)$ (4,273)
Net loss per share attributable to common shareholders, basic (in USD per share)$ (0.12)$ (0.10)
Net loss per share attributable to common shareholders, diluted (in USD per share)$ (0.12)$ (0.10)
Weighted average shares used in computing net loss per common share, basic (in shares)47,098,51943,817,417
Weighted average shares used in computing net loss per common share, diluted (in shares)47,098,51943,817,417

SKYT Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 20,002$ 18,382
Accounts receivable (net of allowance for credit losses of $96 and $180, respectively)57,89565,961
Contract assets (net of allowance for credit losses of $62 and $99, respectively)24,92229,666
Inventory15,55815,341
Prepaid expenses and other current assets24,52816,853
Income tax receivable82172
Total current assets142,987146,375
Property and equipment, net157,281159,367
Intangible assets, net6,3205,672
Other assets5,6935,342
Total assets312,281316,756
Current liabilities  
Current portion of long-term debt3,6313,976
Accounts payable25,91919,614
Accrued expenses30,51248,291
Short-term financing, net of unamortized debt issuance costs32,61222,765
Contract liabilities56,10949,551
Total current liabilities148,783144,197
Long-term liabilities  
Long-term debt, less current portion and net of unamortized debt issuance costs35,66536,098
Long-term contract liabilities58,60565,754
Deferred income tax liability, net623679
Other long-term liabilities9,2049,327
Total long-term liabilities104,097111,858
Total liabilities252,880256,055
Commitments and contingencies (Note 10)
Shareholders’ equity  
Preferred stock, $0.01 par value per share (80,000,000 shares authorized; zero shares issued and outstanding as of March 31, 2024 and December 31, 2023)00
Common stock, $0.01 par value per share (200,000,000 shares authorized; 47,338,069 and 47,028,159 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)473470
Additional paid-in capital181,802178,473
Accumulated deficit(130,932)(125,203)
Total shareholders’ equity, SkyWater Technology, Inc.51,34353,740
Noncontrolling interests8,0586,961
Total shareholders’ equity59,40160,701
Total liabilities and shareholders’ equity$ 312,281$ 316,756
SKYT
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development and manufacturing services. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.
 CEO
 WEBSITEskywatertechnology.com
 INDUSTRYSemiconductors
 EMPLOYEES706

SkyWater Technology, Inc. Frequently Asked Questions


What is the ticker symbol for SkyWater Technology, Inc.? What does SKYT stand for in stocks?

SKYT is the stock ticker symbol of SkyWater Technology, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SkyWater Technology, Inc. (SKYT)?

As of Fri Jul 12 2024, market cap of SkyWater Technology, Inc. is 357.97 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SKYT stock?

You can check SKYT's fair value in chart for subscribers.

What is the fair value of SKYT stock?

You can check SKYT's fair value in chart for subscribers. The fair value of SkyWater Technology, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SkyWater Technology, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SKYT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SkyWater Technology, Inc. a good stock to buy?

The fair value guage provides a quick view whether SKYT is over valued or under valued. Whether SkyWater Technology, Inc. is cheap or expensive depends on the assumptions which impact SkyWater Technology, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SKYT.

What is SkyWater Technology, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 12 2024, SKYT's PE ratio (Price to Earnings) is -11.11 and Price to Sales (PS) ratio is 1.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SKYT PE ratio will change depending on the future growth rate expectations of investors.