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 stock has increased by 62.6% and is now trading at $146.12.
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28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 8 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Skyworks Solutions is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
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Skyworks Solutions Inc (NASDAQ:SWKS) posted its quarterly earnings results on Thursday, July, 23rd. The semiconductor manufacturer reported $1.25 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.13. The semiconductor manufacturer earned $736.80 million during the quarter, compared to analysts' expectations of $690.06 million. Skyworks Solutions had a net margin of 24.13% and a return on equity of 20.73%. During the same period in the prior year, the firm earned $1.35 EPS.
View Skyworks Solutions' earnings history.

Skyworks Solutions declared a quarterly dividend on Thursday, July 23rd. Investors of record on Tuesday, August 11th will be paid a dividend of $0.50 per share on Tuesday, September 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Monday, August 10th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.44.
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Skyworks Solutions announced that its Board of Directors has initiated a stock repurchase 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 purchase up to 15.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Skyworks Solutions issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, July, 23rd. The company provided earnings per share (EPS) guidance of 1.51-1.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.47. The company issued revenue guidance of $830-850 million, compared to the consensus revenue estimate of $809.52 million.

28 brokerages have issued 1 year price objectives for Skyworks Solutions' stock. Their forecasts range from $99.00 to $170.00. On average, they anticipate Skyworks Solutions' stock price to reach $137.88 in the next year. This suggests that the stock has a possible downside of 5.6%.
View analysts' price targets for Skyworks Solutions.

Media stories about SWKS stock have trended very negative on Saturday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Skyworks Solutions earned a news impact score of -3.7 on InfoTrie's scale. They also assigned news articles about the semiconductor manufacturer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.
View the latest news about Skyworks Solutions.

Skyworks Solutions saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,550,000 shares, a decrease of 16.9% from the June 15th total of 3,070,000 shares. Based on an average trading volume of 2,090,000 shares, the short-interest ratio is currently 1.2 days. Currently, 1.5% of the shares of the company are short sold.
View Skyworks Solutions' Short Interest.

Some companies that are related to Skyworks Solutions include NVIDIA (NVDA), Intel (INTC), 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), First Solar (FSLR), Inphi (IPHI) and Silicon Laboratories (SLAB).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Skyworks Solutions investors own include NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), Intel (INTC), Micron Technology (MU), Walt Disney (DIS), TriQuint Semiconductor (TQNT), Broadcom (AVGO), Netflix (NFLX) and Advanced Micro Devices (AMD).

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

Skyworks Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.19%), Bank of New York Mellon Corp (1.41%), FMR LLC (1.39%), Victory Capital Management Inc. (1.20%), Platinum Investment Management Ltd. (0.92%) and London Co. of Virginia (0.80%). 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 FMR LLC, Platinum Investment Management Ltd., LSV Asset Management, Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., Advisor Group Holdings Inc., First Trust Advisors LP, and Federated Hermes Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Robecosam AG, London Co. of Virginia, Prudential Financial Inc., Victory Capital Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, Bank of America Corp DE, and Rafferty Asset Management 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 $146.12.

Skyworks Solutions has a market capitalization of $24.41 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 5260 CALIFORNIA AVENUE, IRVINE CA, 92617. The semiconductor manufacturer can be reached via phone at 949-231-3000 or via email at [email protected]