NASDAQ:SWKSSkyworks Solutions Stock Price, Forecast & News

Skyworks Solutions' stock was trading at $89.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SWKS shares have increased by 46.0% and is now trading at $131.18. View which stocks have been most impacted by Coronavirus.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 7 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Skyworks Solutions.

Skyworks Solutions is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Skyworks Solutions.

Skyworks Solutions will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Skyworks Solutions Inc (NASDAQ:SWKS) posted its earnings results on Monday, May, 4th. The semiconductor manufacturer reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.01. The semiconductor manufacturer earned $766.10 million during the quarter, compared to analysts' expectations of $765.10 million. Skyworks Solutions had a net margin of 24.35% and a return on equity of 21.89%. The company's quarterly revenue was down 5.5% compared to the same quarter last year. During the same period last year, the firm earned $1.47 earnings per share. View Skyworks Solutions' earnings history.

Skyworks Solutions declared a quarterly dividend on Monday, May 4th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.44 per share on Thursday, June 11th. This represents a $1.76 annualized dividend and a yield of 1.34%. The ex-dividend date is Wednesday, May 20th. View Skyworks Solutions' dividend history.

Skyworks Solutions declared that its board has authorized a share repurchase program on Tuesday, February 5th 2019, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 15.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Skyworks Solutions updated its third quarter earnings guidance on Monday, May, 4th. The company provided EPS guidance of $1.13 for the period, compared to the Thomson Reuters consensus estimate of $1.22. The company issued revenue guidance of $670-700 million, compared to the consensus revenue estimate of $720.89 million.

25 brokerages have issued twelve-month target prices for Skyworks Solutions' shares. Their forecasts range from $80.00 to $165.00. On average, they anticipate Skyworks Solutions' share price to reach $125.35 in the next year. This suggests that the stock has a possible downside of 4.4%. View analysts' price targets for Skyworks Solutions.

Media stories about SWKS stock have trended somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Skyworks Solutions earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave media headlines about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Skyworks Solutions.

Skyworks Solutions saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,070,000 shares, a drop of 5.8% from the May 31st total of 3,260,000 shares. Based on an average daily volume of 2,590,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.9% of the shares of the company are short sold. View Skyworks Solutions' Current Options Chain.

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

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

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

Skyworks Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Robecosam AG (0.27%), Scout Investments Inc. (0.23%), MERIAN GLOBAL INVESTORS UK Ltd (0.13%), Envestnet Asset Management Inc. (0.08%), Reinhart Partners Inc. (0.07%) and State of Alaska Department of Revenue (0.05%). Company insiders that own Skyworks Solutions stock include Carlos S Bori, David J Aldrich, Liam Griffin, P Mcglade David, 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., State of Alaska Department of Revenue, Reinhart Partners Inc., Polaris Greystone Financial Group LLC, Fulton Bank N. A., Livforsakringsbolaget Skandia Omsesidigt, Diversified Trust Co, and IFM Investors Pty Ltd. Company insiders that have sold Skyworks Solutions company stock in the last year include Carlos S Bori, David J Aldrich, Liam Griffin, P Mcglade David, Robert John Terry, and Timothy R Furey. View insider buying and selling activity for Skyworks Solutions.

SWKS stock was purchased by a variety of institutional investors in the last quarter, including Robecosam AG, MERIAN GLOBAL INVESTORS UK Ltd, UNIVEST FINANCIAL Corp, Campbell Capital Management Inc., Patton Fund Management Inc., Unison Advisors LLC, Contravisory Investment Management Inc., and Canandaigua National Corp. View insider buying and selling activity 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 $131.18.

Skyworks Solutions has a market capitalization of $21.89 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.

The official website for Skyworks Solutions is 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]