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 (WHO). Since then, SWKS shares have increased by 51.6% and is now trading at $136.16. View which stocks have been most impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 7 hold ratings and 20 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) announced its earnings results on Monday, May, 4th. The semiconductor manufacturer reported $1.34 EPS 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%. The business's revenue for the quarter was down 5.5% on a year-over-year basis. During the same period last year, the company earned $1.47 EPS. 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 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, May 20th. View Skyworks Solutions' dividend history.

Skyworks Solutions declared that its board has approved a stock buyback program on Tuesday, February 5th 2019, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 15.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are 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 estimate of $1.22. The company issued revenue guidance of $670-700 million, compared to the consensus revenue estimate of $720.89 million.

27 analysts have issued 1-year price objectives for Skyworks Solutions' stock. Their forecasts range from $80.00 to $142.00. On average, they anticipate Skyworks Solutions' stock price to reach $116.96 in the next twelve months. This suggests that the stock has a possible downside of 14.1%. View analysts' price targets for Skyworks Solutions.

News articles about SWKS stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Skyworks Solutions earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the semiconductor manufacturer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutSkyworks Solutions.

Skyworks Solutions saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,780,000 shares, a drop of 10.0% from the April 30th total of 4,200,000 shares. Based on an average trading volume of 2,790,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.3% of the company's stock are short sold. 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), Marvell Technology Group (MRVL), Xilinx (XLNX), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Cree (CREE), Inphi (IPHI) and First Solar (FSLR). 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.75%), State Street Corp (4.79%), AQR Capital Management LLC (2.10%), Geode Capital Management LLC (1.81%), Bank of New York Mellon Corp (1.38%) and Victory Capital Management Inc. (1.09%). Company insiders that own Skyworks Solutions stock include Carlos S Bori, David J Aldrich, Liam Griffin, 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 Canada Pension Plan Investment Board, First Trust Advisors LP, Bank of New York Mellon Corp, Robecosam AG, Victory Capital Management Inc., Scout Investments Inc., DNB Asset Management AS, and Carillon Tower Advisers Inc.. Company insiders that have sold Skyworks Solutions company stock in the last year include Carlos S Bori, David J Aldrich, Liam Griffin, Peter L Gammel, 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 BlackRock Inc., Janus Henderson Group PLC, Girard Partners LTD., Sumitomo Mitsui Trust Holdings Inc., APG Asset Management N.V., AQR Capital Management LLC, London Co. of Virginia, and Advisor Group Holdings Inc.. 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 $136.16.

Skyworks Solutions has a market capitalization of $22.72 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]