Skyworks Solutions Company Profile (NASDAQ:SWKS)

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

Skyworks Solutions announced a quarterly dividend on Thursday, July 20th. Stockholders of record on Tuesday, August 8th will be paid a dividend of $0.32 per share on Tuesday, August 29th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, August 4th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.28. View Skyworks Solutions' Dividend History.

Skyworks Solutions declared that its Board of Directors has approved a stock repurchase program on Thursday, April 6th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Skyworks Solutions, Inc. (NASDAQ:SWKS) announced its quarterly earnings data on Thursday, July, 20th. The company reported $1.57 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.52 by $0.05. The company earned $900.80 million during the quarter, compared to analyst estimates of $890.58 million. Skyworks Solutions had a return on equity of 28.67% and a net margin of 27.86%. The company's quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 EPS. View Skyworks Solutions' Earnings History.

Skyworks Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Skyworks Solutions.

Skyworks Solutions updated its fourth quarter earnings guidance on Thursday, July, 20th. The company provided EPS guidance of $1.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.73. The company issued revenue guidance of $980 million, compared to the consensus revenue estimate of $973.09 million.

26 analysts have issued 1-year price objectives for Skyworks Solutions' stock. Their predictions range from $66.00 to $130.00. On average, they expect Skyworks Solutions' stock price to reach $109.83 in the next year. View Analyst Ratings for Skyworks Solutions.

Here are some recent quotes from research analysts about Skyworks Solutions stock:

• 1. According to Zacks Investment Research, "Skyworks reported strong third-quarter fiscal 2017 results. Both earnings and revenues increased on a year-over-year basis. Strong demand for Wi-Fi, Zigbee and LTE solutions have helped the company to gain traction. Management provided optimistic guidance for the fourth-quarter. We expect improving growth prospects to help the stock’s momentum in the rest of 2017 and beyond. We note that Skyworks has outperformed the broader market on a year-to-date basis. Further, strategic design wins in IoT, automotive and 5G markets to remain significant positives for the company in the long haul. However, heavy investments in R&D are escalating operating expenses, which is affecting margins. Significant pricing pressure, technological obsolescence and high concentration risks remain additional headwinds." (8/21/2017)
• 2. Mizuho analysts commented, "We note a significant ~120M iPhone 8 units in 2H17E vs ~89M iPhone7/7+ in 2H16 should position the RF handset supply chain for upside." (4/28/2017)
• 3. Barclays PLC analysts commented, "Stanley Black and Decker closed both the Craftsman acquisition and the Newell acquisition this week, well faster than our expectation. We are adjusting our forecasts, which had previously not included deal accretion. Closure of both was likely, so this is not a surprise per se, though the completion in 1Q is a positive and removes a modest potential risk. We understand the faster than anticipated closing was not a result of any new administration policy or actions towards review; rather, SBD had built in a schedule that included the potential for extended reviews that sometimes happen. Particularly in the case of Craftsman, we believe the deal structure, in which Stanley effectively shielded itself from any ties to struggling Sears, and left Craftsman at Sears as a competitor, sped up the review process. Our PT of $144 is ~18x our 2018E EPS of $8.09. Our former PT of $140 is ~18x our former 2018E EPS of $7.58." (3/13/2017)
• 4. Canaccord Genuity analysts commented, "While we did not meet with Skyworks management at MWC, our overall MWC meetings lead us to believe Skywork's is well positioned for strong trends throughout C2017 driven by strong content share with leading Chinese smartphone OEMs including Vivo, Oppo, Meizu, Xiaomi and Huaweu." (3/6/2017)

Some companies that are related to Skyworks Solutions include Universal Display Corporation (OLED), Cirrus Logic (CRUS), TTM Technologies (TTMI), IQE plc (IQE), IXYS Corporation (IXYS), Park Electrochemical Corporation (PKE), Alpha and Omega Semiconductor Limited (AOSL), NeoPhotonics Corporation (NPTN), IEC Electronics Corp (IEC), O2Micro International Limited (OIIM), SemiLEDS Corporation (LEDS), ANADIGICS (ANAD), CSR Ltd (CSR), CSR Ltd (CSRE), Entropic Communications (ENTR), Microsemi Communications (VTSS), Multi-Fineline Electronix (MFLX) and Viasystems Group (VIAS).

Skyworks Solutions' management team includes the folowing people:

• David J. Aldrich, Executive Chairman of the Board
• Liam K. Griffin, President, Chief Executive Officer, Director
• Kris Sennesael, Chief Financial Officer, Senior Vice President
• Laura A. Gasparini, Chief Human Resource Officer
• Peter L. Gammel, Chief Technology Officer
• Steven C. Machuga, Vice President - Worldwide Operations
• Robert John Terry, Vice President, General Counsel, Secretary
• David J. McLachlan, Lead Independent Director
• Kevin L. Beebe, Independent Director
• Timothy R. Furey, Independent Director

Skyworks Solutions' stock is owned by a number of of retail and institutional investors. Top institutional investors include Capital Research Global Investors (12.54%), Vanguard Group Inc. (9.97%), BlackRock Inc. (6.51%), State Street Corp (4.08%), Lazard Asset Management LLC (2.43%) and FMR LLC (2.39%). Company insiders that own Skyworks Solutions stock include Bruce J Freyman, Christine King, David J Aldrich, Donald W Palette, 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.

Skyworks Solutions' stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Ameriprise Financial Inc., FMR LLC, Manning & Napier Advisors LLC, Winslow Capital Management LLC, Nicholas Company Inc., State Street Corp and Vaughan Nelson Investment Management L.P.. Company insiders that have sold Skyworks Solutions stock in the last year include Bruce J Freyman, 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 Insider Buying and Selling for Skyworks Solutions.

Skyworks Solutions' stock was bought by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Old Mutual Global Investors UK Ltd., Koch Industries Inc., Vanguard Group Inc., Harbour Capital Advisors LLC, Parametric Portfolio Associates LLC, Schroder Investment Management Group and Wells Fargo & Company MN. View Insider Buying and Selling for Skyworks Solutions.

Shares of Skyworks Solutions can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Skyworks Solutions stock can currently be purchased for approximately $101.01.