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 (WHO). Since then, SWKS stock has increased by 46.3% and is now trading at $131.45. 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) released its quarterly earnings data on Monday, May, 4th. The semiconductor manufacturer reported $1.34 earnings per share for the quarter, beating the 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%. Skyworks Solutions's revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter last year, the business posted $1.47 earnings per share. View Skyworks Solutions' earnings history.

Skyworks Solutions announced 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 annualized dividend and a yield of 1.34%. The ex-dividend date is Wednesday, May 20th. View Skyworks Solutions' dividend history.

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

Skyworks Solutions issued an update on 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 earnings per share estimate of $1.22. The company issued revenue guidance of $670-700 million, compared to the consensus revenue estimate of $720.89 million.

25 brokers have issued twelve-month target prices 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 year. This suggests that the stock has a possible downside of 4.6%. View analysts' price targets for Skyworks Solutions.

Media stories about SWKS stock have been trending negative on Wednesday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Skyworks Solutions earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Skyworks Solutions.

Skyworks Solutions saw a decrease in short interest during 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 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 number of institutional and retail investors. Top institutional investors include Robecosam AG (0.27%), Reinhart Partners Inc. (0.07%), State of Alaska Department of Revenue (0.05%), Smithbridge Asset Management Inc. DE (0.03%), Diversified Trust Co (0.02%) and Watchman Group Inc. (0.01%). 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., Diversified Trust Co, Nelson Van Denburg & Campbell Wealth Management Group LLC, Smithbridge Asset Management Inc. DE, Watchman Group Inc., and Groesbeck Investment Management Corp NJ. 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, 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 $131.45.

Skyworks Solutions has a market capitalization of $21.93 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]