Skyworks Solutions Company Profile (NASDAQ:SWKS)

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

Skyworks Solutions announced 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 yield of 1.22%. The ex-dividend date of this dividend 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 announced that its Board of Directors has initiated a stock repurchase plan on Thursday, April 6th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 3.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

Skyworks Solutions, Inc. (NASDAQ:SWKS) released its earnings results on Thursday, November, 3rd. The company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.43 by $0.04. The business earned $835.40 million during the quarter, compared to the consensus estimate of $830.94 million. Skyworks Solutions had a return on equity of 28.67% and a net margin of 27.86%. The firm's revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.52 EPS. View Skyworks Solutions' Earnings History.

Skyworks Solutions is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Skyworks Solutions.

27 equities research analysts have issued 12-month target prices for Skyworks Solutions' stock. Their forecasts range from $66.00 to $130.00. On average, they anticipate Skyworks Solutions' share price to reach $112.21 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 has outperformed the industry on a year-to-date basis. The company is gaining from strong demand for its Wi-Fi, Zigbee and LTE solutions. Further, strategic design wins in IoT, automotive and 5G markets are significant positives for the company in the long haul. The recent launch of iPhone 8 and upcoming iPhone X are key catalysts for the company. However, heavy investments in research & product development and escalating operating expenses are affecting margins, which is a concern. Moreover, slow growth rate of the smartphone market and piled up inventories with Chinese smartphone providers are headwinds." (9/20/2017)
• 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)

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), IEC Electronics Corp (IEC), O2Micro International Limited (OIIM), SemiLEDS Corporation (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 shareholders include APG Asset Management N.V. (0.70%), PGGM Investments (0.21%), Sit Investment Associates Inc. (0.15%), Montrusco Bolton Investments Inc. (0.07%), Robeco Institutional Asset Management B.V. (0.04%) and Smith Graham & Co. Investment Advisors LP (0.04%). 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 PGGM Investments, State Treasurer State of Michigan, Oakbrook Investments LLC, Meeder Asset Management Inc., First National Bank of Hutchinson, Regal Wealth Group Inc., BerganKDV Wealth Management LLC and Mutual of America Capital Management LLC. 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, 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., Assenagon Asset Management S.A., Montrusco Bolton Investments Inc., Robeco Institutional Asset Management B.V., Narwhal Capital Management, Fulton Bank N.A., Round Table Services LLC and Quotient Investors LLC. 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 $105.15.