NASDAQ:SWKSSkyworks Solutions Stock Price, Forecast & News

Skyworks Solutions' stock was trading at $89.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SWKS shares have 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) issued its quarterly earnings results on Monday, May, 4th. The semiconductor manufacturer reported $1.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.33 by $0.01. The semiconductor manufacturer had revenue of $766.10 million for the quarter, compared to analysts' expectations of $765.10 million. Skyworks Solutions had a return on equity of 21.89% and a net margin of 24.35%. Skyworks Solutions's revenue was down 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.47 earnings per share. View Skyworks Solutions' earnings history.

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

Skyworks Solutions declared that its Board of Directors has approved a stock buyback plan on Tuesday, February 5th 2019, which permits the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 15.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Skyworks Solutions updated its third quarter earnings guidance on Monday, May, 4th. The company provided earnings per share (EPS) 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 12 month price targets for Skyworks Solutions' stock. 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 4.6%. View analysts' price targets for Skyworks Solutions.

Media stories about SWKS stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Skyworks Solutions earned a media sentiment score of -2.1 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 press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Skyworks Solutions.

Skyworks Solutions saw a decline in short interest in June. As of June 15th, there was short interest totaling 3,070,000 shares, a decline 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 days-to-cover ratio is presently 1.2 days. Approximately 1.9% of the shares of the stock 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 shareholders 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 bought 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]