Skyworks Solutions Company Profile (NASDAQ:SWKS)

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

Skyworks Solutions declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Tuesday, August 8th will be given a dividend of $0.32 per share on Tuesday, August 29th. This represents a $1.28 annualized dividend and a dividend yield of 1.19%. The ex-dividend date 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 authorized a share repurchase plan on Thursday, April 6th 2017, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Skyworks Solutions, Inc. (NASDAQ:SWKS) posted its quarterly earnings data on Thursday, July, 20th. The company reported $1.57 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.52 by $0.05. The company had revenue of $900.80 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company earned $1.24 earnings per share. View Skyworks Solutions' Earnings History.

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

26 brokerages have issued 1 year target prices for Skyworks Solutions' stock. Their forecasts range from $66.00 to $130.00. On average, they expect Skyworks Solutions' share price to reach $107.30 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." (7/24/2017)
• 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), Alpha and Omega Semiconductor Limited (AOSL), Park Electrochemical Corporation (PKE), NeoPhotonics Corporation (NPTN), O2Micro International Limited (OIIM), IEC Electronics Corp (IEC), SemiLEDs (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 many different of retail and institutional investors. Top institutional investors include Manning & Napier Advisors LLC (1.09%), Villere ST Denis J & Co. LLC (0.57%), APG Asset Management N.V. (0.56%), PGGM Investments (0.23%), Sit Investment Associates Inc. (0.15%) and Bank of Montreal Can (0.12%). 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 Manning & Napier Advisors LLC, Vaughan Nelson Investment Management L.P., PGGM Investments, Gateway Investment Advisers LLC, Reilly Financial Advisors LLC, Bank of Montreal Can, Villere ST Denis J & Co. LLC and Smithbridge Asset Management Inc. DE. 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 purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., National Pension Service, Mn Services Vermogensbeheer B.V., Peak Capital Management LLC, Pennsylvania Trust Co, NN Investment Partners Holdings N.V., Nisa Investment Advisors LLC and Meeder Asset Management Inc.. 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 $107.47.