NASDAQ:SWKS - Skyworks Solutions Stock Price, Price Target & More

Skyworks Solutions trades on the NASDAQ under the ticker symbol "SWKS."

Skyworks Solutions announced a quarterly dividend on Thursday, July 19th. Stockholders of record on Tuesday, August 7th will be paid a dividend of $0.38 per share on Tuesday, August 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Monday, August 6th. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.32. View Skyworks Solutions' Dividend History.

Skyworks Solutions announced that its Board of Directors has initiated a stock buyback plan on Tuesday, February 6th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its shares are undervalued.

Skyworks Solutions Inc (NASDAQ:SWKS) announced its earnings results on Thursday, July, 19th. The semiconductor manufacturer reported $1.64 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.60 by $0.04. The semiconductor manufacturer earned $894.30 million during the quarter, compared to the consensus estimate of $889 million. Skyworks Solutions had a net margin of 23.78% and a return on equity of 30.44%. Skyworks Solutions's quarterly revenue was down .7% on a year-over-year basis. During the same period in the prior year, the company posted $1.57 EPS. View Skyworks Solutions' Earnings History.

Skyworks Solutions updated its fourth quarter earnings guidance on Thursday, July, 19th. The company provided earnings per share (EPS) guidance of $1.91 for the period, compared to the Thomson Reuters consensus estimate of $1.88. The company issued revenue guidance of $992M-1.01B, compared to the consensus revenue estimate of $996.52 million.

27 brokerages have issued 1-year target prices for Skyworks Solutions' shares. Their predictions range from $87.00 to $130.00. On average, they anticipate Skyworks Solutions' stock price to reach $116.8333 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Ratings for Skyworks Solutions.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 1 sell rating, 5 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Skyworks Solutions include Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Microchip Technology (MCHP), STMicroelectronics (STM), Kyocera (KYO), Maxim Integrated Products (MXIM), Xilinx (XLNX), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL) and ON Semiconductor (ON).

News stories about SWKS stock have trended somewhat negative recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Skyworks Solutions earned a news impact score of -0.04 on Accern's scale. They also gave news stories about the semiconductor manufacturer an impact score of 43.63 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Skyworks Solutions' stock is owned by many different of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.80%), Bank of Montreal Can (0.13%), Sit Investment Associates Inc. (0.12%), Pendal Group Ltd (0.10%), Gateway Investment Advisers LLC (0.09%) and Winslow Asset Management Inc. (0.07%). Company insiders that own Skyworks Solutions stock include Bruce J Freyman, Carlos S Bori, Christine King, David J Aldrich, Kevin L Beebe, Laura A Gasparini, Liam Griffin, Mark V B Tremallo, Peter L Gammel, Robert John Terry and Timothy R Furey. View Institutional Ownership Trends for Skyworks Solutions.

SWKS stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bank of Montreal Can, Fred Alger Management Inc., Hartford Investment Management Co., Nisa Investment Advisors LLC, Central Bank & Trust Co., Municipal Employees Retirement System of Michigan and Retirement Systems of Alabama. Company insiders that have sold Skyworks Solutions company stock in the last year include Carlos S Bori, Christine King, David J Aldrich, Laura A Gasparini, Liam Griffin, Peter L Gammel and Robert John Terry. View Insider Buying and Selling for Skyworks Solutions.

SWKS stock was purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Pendal Group Ltd, Westpac Banking Corp, Manning & Napier Group LLC, Clinton Group Inc., Sit Investment Associates Inc., Bangor Savings Bank and Rowland & Co. Investment Counsel ADV. View Insider Buying and Selling for Skyworks Solutions.

Shares of SWKS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SWKS stock can currently be purchased for approximately $96.99.

Skyworks Solutions has a market capitalization of $17.66 billion and generates $3.65 billion in revenue each year. The semiconductor manufacturer earns $1.01 billion in net income (profit) each year or $5.98 on an earnings per share basis. Skyworks Solutions employs 8,400 workers across the globe.

Skyworks Solutions' mailing address is 20 SYLVAN ROAD, WOBURN MA, 01801. The semiconductor manufacturer can be reached via phone at 781-376-3000 or via email at [email protected]