NASDAQ:SWKSSkyworks Solutions Stock Price, Forecast & News

Skyworks Solutions' stock was trading at $89.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SWKS stock has increased by 47.1% and is now trading at $132.15. 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 Wednesday, August 5th 2020. View our earnings forecast for Skyworks Solutions.

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

Skyworks Solutions declared a quarterly dividend on Monday, May 4th. Investors 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 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Wednesday, May 20th. View Skyworks Solutions' dividend history.

Skyworks Solutions announced that its board has approved a stock buyback plan on Tuesday, February 5th 2019, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 15.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Skyworks Solutions updated its third quarter earnings guidance on Monday, May, 4th. The company provided earnings per share 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 Wall Street analysts have issued 12 month price objectives for Skyworks Solutions' shares. Their forecasts range from $80.00 to $165.00. On average, they expect Skyworks Solutions' share price to reach $125.35 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. View analysts' price targets for Skyworks Solutions.

Media headlines about SWKS stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Skyworks Solutions earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media headlines about the semiconductor manufacturer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Skyworks Solutions.

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

Some companies that are related to Skyworks Solutions include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), Inphi (IPHI), First Solar (FSLR) 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 variety of institutional and retail investors. Top institutional investors include Robecosam AG (0.27%), Envestnet Asset Management Inc. (0.08%), Reinhart Partners Inc. (0.07%), State of Alaska Department of Revenue (0.05%), Smithbridge Asset Management Inc. DE (0.03%) and Livforsakringsbolaget Skandia Omsesidigt (0.02%). 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 State of Alaska Department of Revenue, Reinhart Partners Inc., Fulton Bank N. A., Livforsakringsbolaget Skandia Omsesidigt, Diversified Trust Co, DNB Asset Management AS, Chesley Taft & Associates LLC, and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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, Campbell Capital Management Inc., Patton Fund Management Inc., Martin Capital Partners LLC, Private Trust Co. NA, Ellevest Inc., and Modus Advisors LLC. 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 $132.15.

Skyworks Solutions has a market capitalization of $22.05 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]