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 40.1% and is now trading at $125.85. View which stocks have been most impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 7 hold ratings and 17 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 quarterly earnings data on Monday, May, 4th. The semiconductor manufacturer reported $1.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.33 by $0.01. The semiconductor manufacturer had revenue of $766.10 million for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the firm earned $1.47 earnings per share. View Skyworks Solutions' earnings history.

Skyworks Solutions announced a quarterly dividend on Monday, May 4th. Shareholders 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 1.40%. The ex-dividend date is Wednesday, May 20th. View Skyworks Solutions' dividend history.

Skyworks Solutions declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, February 5th 2019, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 15.4% of its stock through open market purchases. Stock buyback plans are often a sign 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 EPS guidance of $1.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22. The company issued revenue guidance of $670-700 million, compared to the consensus revenue estimate of $720.89 million.

24 brokerages have issued 12-month price targets for Skyworks Solutions' stock. Their forecasts range from $80.00 to $165.00. On average, they anticipate Skyworks Solutions' share price to reach $124.86 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View analysts' price targets for Skyworks Solutions.

Media headlines about SWKS stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Skyworks Solutions earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the semiconductor manufacturer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Skyworks Solutions.

Skyworks Solutions saw a decrease in short interest in 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. Currently, 1.9% of the shares of the 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), 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 Smithbridge Asset Management Inc. DE (0.03%) and Modus Advisors LLC (0.00%). 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 Smithbridge Asset Management Inc. DE. 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 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 $125.85.

Skyworks Solutions has a market capitalization of $21.00 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]