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

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

Skyworks Solutions declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Tuesday, May 21st will be given a dividend of $0.38 per share on Tuesday, June 11th. This represents a $1.52 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Monday, May 20th. View Skyworks Solutions' Dividend History.

Skyworks Solutions announced that its board has initiated a share repurchase plan on Tuesday, February 5th 2019, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 15.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Skyworks Solutions Inc (NASDAQ:SWKS) released its quarterly earnings results on Thursday, May, 2nd. The semiconductor manufacturer reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.04. The semiconductor manufacturer earned $810.40 million during the quarter, compared to analysts' expectations of $809.52 million. Skyworks Solutions had a net margin of 29.06% and a return on equity of 28.25%. The company's revenue was down 11.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.64 EPS. View Skyworks Solutions' Earnings History.

Skyworks Solutions is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Skyworks Solutions.

Skyworks Solutions issued an update on its third quarter earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $1.50 for the period, compared to the Thomson Reuters consensus estimate of $1.50. The company issued revenue guidance of $815-835 million, compared to the consensus revenue estimate of $829.30 million.Skyworks Solutions also updated its Q3 2019 guidance to $1.50-1.50 EPS.

26 equities research analysts have issued twelve-month price targets for Skyworks Solutions' stock. Their predictions range from $70.00 to $114.00. On average, they anticipate Skyworks Solutions' share price to reach $90.1217 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for Skyworks Solutions.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 2 sell ratings, 14 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Skyworks Solutions.

Media headlines about SWKS stock have trended somewhat positive on Thursday, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Skyworks Solutions earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news stories about the semiconductor manufacturer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

Some companies that are related to Skyworks Solutions include Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Advanced Micro Devices (AMD), Xilinx (XLNX), Kyocera (KYOCY), Infineon Technologies (IFNNY), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), STMicroelectronics (STM), ASE Technology (ASX), ON Semiconductor (ON) and Qorvo (QRVO).

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), Intel (INTC), Netflix (NFLX), Starbucks (SBUX), Walt Disney (DIS), Micron Technology (MU), Broadcom (AVGO) and Gilead Sciences (GILD).

Skyworks Solutions' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.35%), Vulcan Value Partners LLC (4.85%), Lazard Asset Management LLC (2.95%), FMR LLC (2.04%), AQR Capital Management LLC (1.70%) and Geode Capital Management LLC (1.51%). Company insiders that own Skyworks Solutions stock include Carlos S Bori, Christine King, David J Aldrich, Laura A Gasparini, Liam Griffin, Peter L Gammel and Robert John Terry. View Institutional Ownership Trends for Skyworks Solutions.

SWKS stock was sold by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, BlackRock Inc., DNB Asset Management AS, Bridgewater Associates LP, Caisse DE Depot ET Placement DU Quebec, Lazard Asset Management LLC, Renaissance Technologies LLC and Oxford Asset Management LLP. Company insiders that have sold Skyworks Solutions company stock in the last year include David J Aldrich, Liam Griffin and Peter L Gammel. View Insider Buying and Selling for Skyworks Solutions.

SWKS stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Artisan Partners Limited Partnership, Banco Santander S.A., Scout Investments Inc., Platinum Investment Management Ltd., Retirement Systems of Alabama, AO Asset Management LP and Polaris Greystone Financial Group 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 $66.89.

Skyworks Solutions has a market capitalization of $11.55 billion and generates $3.87 billion in revenue each year. The semiconductor manufacturer earns $918.40 million in net income (profit) each year or $6.63 on an earnings per share basis. Skyworks Solutions employs 9,400 workers across the globe.

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]