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

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

Skyworks Solutions declared a quarterly dividend on Thursday, July 19th. Stockholders of record on Tuesday, August 7th will be given a dividend of $0.38 per share on Tuesday, August 28th. This represents a $1.52 annualized dividend and a dividend yield of 1.48%. This is a boost from Skyworks Solutions's previous quarterly dividend of $0.32. View Skyworks Solutions' Dividend History.

Skyworks Solutions declared that its Board of Directors has approved a stock buyback program on Tuesday, February 6th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

Skyworks Solutions Inc (NASDAQ:SWKS) issued its quarterly earnings results on Thursday, July, 19th. The semiconductor manufacturer reported $1.64 earnings per share for the quarter, beating the Thomson Reuters' 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 22.69% and a return on equity of 30.35%. The business's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.57 EPS. View Skyworks Solutions' Earnings History.

Skyworks Solutions issued an update on 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 earnings per share estimate of $1.88. The company issued revenue guidance of $992M-1.01B, compared to the consensus revenue estimate of $996.52 million.

28 analysts have issued 1 year price targets for Skyworks Solutions' stock. Their forecasts range from $88.00 to $130.00. On average, they expect Skyworks Solutions' stock price to reach $116.0417 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price. View Analyst Ratings for Skyworks Solutions.

28 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 22 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), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL) and Qorvo (QRVO).

Media coverage about SWKS stock has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Skyworks Solutions earned a news impact score of 0.12 on Accern's scale. They also gave news articles about the semiconductor manufacturer an impact score of 47.60 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Skyworks Solutions' stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 bought by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Westpac Banking Corp, Manning & Napier Group LLC, Clinton Group Inc., Sit Investment Associates Inc., Bangor Savings Bank, Rowland & Co. Investment Counsel ADV and Oakbrook Investments LLC. 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 $102.48.

Skyworks Solutions has a market capitalization of $18.52 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]