Skyworks Solutions - SWKS Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 1 sell rating, 9 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SWKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWKS, but not buy additional shares or sell existing shares.
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19 analysts have issued twelve-month target prices for Skyworks Solutions' stock. Their SWKS share price forecasts range from $97.00 to $185.00. On average, they expect the company's stock price to reach $139.57 in the next twelve months. This suggests a possible upside of 50.3% from the stock's current price.
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Skyworks Solutions' stock was trading at $155.14 at the beginning of the year. Since then, SWKS shares have decreased by 40.2% and is now trading at $92.84.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Skyworks Solutions, Inc. (NASDAQ:SWKS) posted its quarterly earnings data on Thursday, August, 4th. The semiconductor manufacturer reported $2.12 EPS for the quarter, beating analysts' consensus estimates of $2.05 by $0.07. The semiconductor manufacturer had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.23 billion. Skyworks Solutions had a net margin of 24.11% and a trailing twelve-month return on equity of 30.43%. The business's quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the business earned $1.96 EPS.
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Skyworks Solutions announced a quarterly dividend on Thursday, August 4th. Stockholders of record on Thursday, August 25th will be paid a dividend of $0.62 per share on Thursday, September 15th. This represents a $2.48 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date is Wednesday, August 24th. This is a positive change from the stock's previous quarterly dividend of $0.56.
Read our dividend analysis for SWKS.

Skyworks Solutions (NASDAQ:SWKS) pays an annual dividend of $2.48 per share and currently has a dividend yield of 2.69%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 31.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SWKS will have a dividend payout ratio of 24.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWKS.

Skyworks Solutions announced that its Board of Directors has authorized a stock repurchase program on Thursday, January 28th 2021, 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 7.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Skyworks Solutions updated its fourth quarter 2022 earnings guidance on Thursday, August, 25th. The company provided EPS guidance of $2.90-$2.90 for the period, compared to the consensus estimate of $2.93. The company issued revenue guidance of $1.38 billion-$1.43 billion, compared to the consensus revenue estimate of $1.42 billion.

160 employees have rated Skyworks Solutions Chief Executive Officer Liam K. Griffin on Glassdoor.com. Liam K. Griffin has an approval rating of 66% among the company's employees.

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

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

Skyworks Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Rowland & Co. Investment Counsel ADV (0.01%), Bowling Portfolio Management LLC (0.01%), Centric Wealth Management (0.01%), American National Bank (0.01%), Martin Capital Partners LLC (0.00%) and Wedmont Private Capital (0.00%). Insiders that own company stock include Carlos S Bori, Carlos S Bori, David J Aldrich, Karilee A Durham, Karilee A Durham, Liam Griffin, P Mcglade David, Robert John Terry, Timothy R Furey and Timothy R Furey.
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Shares of SWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SWKS stock can currently be purchased for approximately $92.84.

Skyworks Solutions (NASDAQ:SWKS) has a market capitalization of $14.90 billion and generates $5.11 billion in revenue each year. The semiconductor manufacturer earns $1.50 billion in net income (profit) each year or $7.87 on an earnings per share basis.

The company employs 11,000 workers across the globe.

Skyworks Solutions' mailing address is 5260 CALIFORNIA AVENUE, IRVINE CA, 92617. The official website for the company is www.skyworksinc.com. The semiconductor manufacturer can be reached via phone at (949) 231-3000, via email at investor.relations@skyworksinc.com, or via fax at 302-655-5049.