Should I buy or sell Skyworks Solutions stock right now?

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 1 sell rating, 9 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SWKS shares. View SWKS analyst ratings or view top-rated stocks .

What is Skyworks Solutions' stock price target for 2024?

23 Wall Street research analysts have issued 12-month price objectives for Skyworks Solutions' stock. Their SWKS share price targets range from $87.00 to $140.00. On average, they predict the company's share price to reach $115.88 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price. View analysts price targets for SWKS or view top-rated stocks among Wall Street analysts .

How have SWKS shares performed in 2023?

Skyworks Solutions' stock was trading at $91.13 at the start of the year. Since then, SWKS shares have increased by 3.8% and is now trading at $94.60. View the best growth stocks for 2023 here .

When is Skyworks Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024. View our SWKS earnings forecast .

How were Skyworks Solutions' earnings last quarter?

Skyworks Solutions, Inc. (NASDAQ:SWKS) announced its quarterly earnings data on Thursday, November, 2nd. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.10. The semiconductor manufacturer had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.22 billion. Skyworks Solutions had a net margin of 20.59% and a trailing twelve-month return on equity of 20.92%.

How often does Skyworks Solutions pay dividends? What is the dividend yield for Skyworks Solutions?

Skyworks Solutions announced a quarterly dividend on Thursday, November 2nd. Investors of record on Tuesday, November 21st will be paid a dividend of $0.68 per share on Tuesday, December 12th. This represents a $2.72 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend is Monday, November 20th. Read our dividend analysis for SWKS .

Is Skyworks Solutions a good dividend stock?

Skyworks Solutions (NASDAQ:SWKS) pays an annual dividend of $2.72 per share and currently has a dividend yield of 2.87%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 44.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SWKS will have a dividend payout ratio of 37.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SWKS .

What ETFs hold Skyworks Solutions' stock?

ETFs with the largest weight of Skyworks Solutions (NASDAQ:SWKS) stock in their portfolio include Global X Internet of Things Thematic ETF (SNSR) , Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) , First Trust Nasdaq Semiconductor ETF (FTXL) , Innovator Deepwater Frontier Tech ETF (LOUP) , SPDR S&P Semiconductor ETF (XSD) , Defiance Next Gen Connectivity ETF (FIVG) , iShares Future Cloud 5G and Tech ETF (IDAT) and Invesco Semiconductors ETF (PSI) .

How will Skyworks Solutions' stock buyback program work?

Skyworks Solutions declared that its Board of Directors has initiated a stock repurchase plan on Monday, February 6th 2023, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 11.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

What guidance has Skyworks Solutions issued on next quarter's earnings?

Skyworks Solutions issued an update on its first quarter earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $1.95 for the period, compared to the consensus estimate of $2.30. The company issued revenue guidance of $1.175-$1.225 billion, compared to the consensus revenue estimate of $1.29 billion.

What is Liam K. Griffin's approval rating as Skyworks Solutions' CEO?

160 employees have rated Skyworks Solutions Chief Executive Officer Liam K. Griffin on Glassdoor.com . Liam K. Griffin has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Skyworks Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Skyworks Solutions investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , QUALCOMM (QCOM) , Micron Technology (MU) , Intel (INTC) , Walt Disney (DIS) , Broadcom (AVGO) , Advanced Micro Devices (AMD) , TriQuint Semiconductor (TQNT) and Netflix (NFLX) .

Who are Skyworks Solutions' major shareholders?

Skyworks Solutions' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (3.30%), Victory Capital Management Inc. (2.59%), Invesco Ltd. (1.90%), Northern Trust Corp (1.31%), LSV Asset Management (1.09%) and London Co. of Virginia (1.07%). Insiders that own company stock include Carlos S Bori, Carlos S Bori , Karilee A Durham, Karilee A Durham , Kevin L Beebe , Kris Sennesael , Liam Griffin , Reza Kasnavi , Robert John Terry and Timothy R Furey . View institutional ownership trends .

Does Skyworks Solutions have any subsidiaries?

The following companies are subsidiares of Skyworks Solutions: Advanced Analogic Technologies, Advanced Analogic Technologies (China) Inc., Advanced Analogic Technologies Incorporated, Alpha Industries, Avnera, Avnera Corporation, Axiom Microdevices, Axiom Microdevices Inc., ICWave LLC, Isolink Inc., Quantance, Quantance Inc., SiGe Semiconductor, SiGe Semiconductor (Europe) Limited, Silicon Laboratories, Skyworks Filter Solutions Japan Co. Ltd., Skyworks Filter Solutions Korea Inc., Skyworks Global Pte. Ltd., Skyworks International Investments LLC, Skyworks Ireland Limited, Skyworks Luxembourg S.à r.l, Skyworks Semiconductor, Skyworks Solutions (Hong Kong) Limited, Skyworks Solutions Canada Inc., Skyworks Solutions Co. Ltd., Skyworks Solutions Commercial (Shenzhen) Co. Ltd., Skyworks Solutions Commercial (Shenzhen) Co. Ltd. - Beijing Branch, Skyworks Solutions Commercial (Shenzhen) Co. Ltd. - Shanghai Branch, Skyworks Solutions Korea Limited, Skyworks Solutions Limited, Skyworks Solutions Luxembourg S.à r.l., Skyworks Solutions Oy, Skyworks Solutions Worldwide Inc., Skyworks Solutions Worldwide Inc. - Malaysia Branch, Skyworks Solutions Worldwide Inc. - Taiwan Branch, Skyworks Solutions de México S. de R.L. de C.V., and Trans-Tech Inc.. Read More

Skyworks Solutions Stock Price, News & Analysis (NASDAQ:SWKS)

$94.60

-0.30 (-0.32%)

(As of 11/27/2023 ET)

Compare

Today's Range: $93.66
▼
$95.33
50-Day Range: $86.45
▼
$98.59
52-Week Range: $85.06
▼
$123.69

Volume: 1.28 million shs
Average Volume: 1.98 million shs
Market Capitalization: $15.08 billion

P/E Ratio: 15.43
Dividend Yield: 2.88%
Price Target: $115.88

Skyworks Solutions MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.52 Rating Score
Upside/Downside: 22.5% Upside
$115.88 Price Target
Short Interest: Healthy
2.37% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.02
Upright™ Environmental Score
News Sentiment: 0.07
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.36 M Sold Last Quarter
Proj. Earnings Growth: 21.57%
From $5.98 to $7.27 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.89 out of 5 stars

Computer And Technology Sector

27th out of 585 stocks

Semiconductors & Related Devices Industry

7th out of 86 stocks

3.3

Analyst's Opinion

Consensus Rating
Skyworks Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 13 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $115.88, Skyworks Solutions has a forecasted upside of 22.5% from its current price of $94.60.
Amount of Analyst Coverage
Skyworks Solutions has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.37% of the float of Skyworks Solutions has been sold short.
Short Interest Ratio / Days to Cover
Skyworks Solutions has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Skyworks Solutions has recently increased by 1.62%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Yield
Skyworks Solutions pays a meaningful dividend of 2.87%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Skyworks Solutions has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Skyworks Solutions is 44.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Skyworks Solutions will have a dividend payout ratio of 37.41% next year. This indicates that Skyworks Solutions will be able to sustain or increase its dividend.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Skyworks Solutions has received a 10.12% net impact score from Upright. Skyworks Solutions seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Network modules", "Coaxial cables", and "Network switches" products. See details.
Environmental Sustainability
The Environmental Impact score for Skyworks Solutions is -2.02.

1.7

News and Social Media Coverage

News Sentiment
Skyworks Solutions has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Skyworks Solutions this week, compared to 7 articles on an average week.
Search Interest
22 people have searched for SWKS on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Skyworks Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skyworks Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,364,478.00 in company stock.
Percentage Held by Insiders
Only 0.31% of the stock of Skyworks Solutions is held by insiders.
Percentage Held by Institutions
81.39% of the stock of Skyworks Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Skyworks Solutions are expected to grow by 21.57% in the coming year, from $5.98 to $7.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Skyworks Solutions is 15.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skyworks Solutions is 15.43, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 224.56.
Price to Earnings Growth Ratio
Skyworks Solutions has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Skyworks Solutions has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Skyworks Solutions Stock (NASDAQ:SWKS)

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, clocks and timings, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, timing devices, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for the usage in aerospace, automotive, broadband, cellular infrastructure, connected home, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. Skyworks Solutions, Inc. was founded in 1962 and is based in Irvine, California.

SWKS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SWKS Stock News Headlines

November 28, 2023 | americanbankingnews.com

Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Consensus Rating of "Moderate Buy" from Analysts

November 21, 2023 | americanbankingnews.com

Skyworks Solutions, Inc. (NASDAQ:SWKS) SVP Reza Kasnavi Sells 5,289 Shares

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 20, 2023 | finance.yahoo.com

Skyworks Solutions Inc's Dividend Analysis

November 18, 2023 | americanbankingnews.com

Skyworks Solutions, Inc. (SWKS) Investor Alert: Key Takeaways From Their Latest Financial Filing

November 17, 2023 | finance.yahoo.com

Skyworks Gets a Quant Downgrade, So Let's See How the Charts Chime In

November 15, 2023 | seekingalpha.com

Skyworks: Still Hold, No Near-Term Catalyst Here

November 15, 2023 | finance.yahoo.com

Be Sure To Check Out Skyworks Solutions, Inc. (NASDAQ:SWKS) Before It Goes Ex-Dividend

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 7, 2023 | finance.yahoo.com

Earnings To Watch: Vishay Intertechnology (VSH) Reports Q3 Results Tomorrow

November 5, 2023 | markets.businessinsider.com

Hold Rating on Skyworks Solutions: Analyzing Projected Revenues, Market Weaknesses, and Potential Risks

November 3, 2023 | benzinga.com

These Analysts Slash Their Forecasts On Skyworks Solutions After Weak Forecast

November 3, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Block (SQ) and Skyworks Solutions (SWKS)

November 3, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Skyworks Solutions