NASDAQ:SWKS - Skyworks Solutions Stock Price, Forecast & News

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

Skyworks Solutions announced a quarterly dividend on Thursday, January 23rd. Stockholders of record on Tuesday, February 11th will be given a dividend of $0.44 per share on Tuesday, March 3rd. This represents a $1.76 annualized dividend and a dividend yield of 1.37%. View Skyworks Solutions' Dividend History.

Skyworks Solutions announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 5th 2019, which permits the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 15.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Skyworks Solutions Inc (NASDAQ:SWKS) posted its quarterly earnings data on Thursday, January, 23rd. The semiconductor manufacturer reported $1.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.52 by $0.16. The semiconductor manufacturer earned $896.10 million during the quarter, compared to analyst estimates of $881.80 million. Skyworks Solutions had a return on equity of 24.41% and a net margin of 25.28%. The firm's quarterly revenue was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.83 earnings per share. View Skyworks Solutions' Earnings History.

Skyworks Solutions issued an update on its second quarter earnings guidance on Thursday, January, 23rd. The company provided earnings per share guidance of $1.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.41. The company issued revenue guidance of $800-820 million, compared to the consensus revenue estimate of $787.95 million.

24 brokers have issued 1 year price targets for Skyworks Solutions' stock. Their forecasts range from $69.00 to $145.00. On average, they anticipate Skyworks Solutions' stock price to reach $109.21 in the next year. This suggests that the stock has a possible downside of 14.8%. View Analyst Price Targets for Skyworks Solutions.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Skyworks Solutions.

Media headlines about SWKS stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Skyworks Solutions earned a news sentiment score of 3.9 on InfoTrie's scale. They also gave media headlines about the semiconductor manufacturer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Skyworks Solutions.

Skyworks Solutions saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 6,240,000 shares, a decrease of 6.7% from the December 15th total of 6,690,000 shares. Based on an average daily volume of 2,110,000 shares, the short-interest ratio is presently 3.0 days. Currently, 3.7% of the shares of the company are short sold. View Skyworks Solutions' Current Options Chain.

Some companies that are related to Skyworks Solutions include Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Silicon Laboratories (SLAB).

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

Skyworks Solutions' stock is owned by a number of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.44%), Wedge Capital Management L L P NC (0.23%), DNB Asset Management AS (0.14%), Zurcher Kantonalbank Zurich Cantonalbank (0.09%), State of Alaska Department of Revenue (0.08%) and Reilly Financial Advisors LLC (0.06%). Company insiders that own Skyworks Solutions stock include Christine King, David J Aldrich, Liam Griffin, 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 DNB Asset Management AS, Gradient Investments LLC, Zurcher Kantonalbank Zurich Cantonalbank, Kempner Capital Management Inc., Reilly Financial Advisors LLC, IFP Advisors Inc, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Focused Wealth Management Inc. Company insiders that have sold Skyworks Solutions company stock in the last year include David J Aldrich, Liam Griffin, Peter L Gammel, Robert John Terry and Timothy R Furey. View Insider Buying and Selling for Skyworks Solutions.

SWKS stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Scout Investments Inc., Calamos Advisors LLC, Johanson Financial Advisors Inc., GPM Growth Investors Inc., Steward Partners Investment Advisory LLC, Commerzbank Aktiengesellschaft FI and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

One share of SWKS stock can currently be purchased for approximately $128.19.

Skyworks Solutions has a market capitalization of $21.84 billion and generates $3.38 billion in revenue each year. The semiconductor manufacturer earns $853.60 million in net income (profit) each year or $5.71 on an earnings per share basis. Skyworks Solutions employs 9,000 workers across the globe.View Additional Information About Skyworks Solutions.

The official website for Skyworks Solutions is http://www.skyworksinc.com/.

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]