NASDAQ:SWKS - Skyworks Solutions Stock Price, Price Target & More

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

Skyworks Solutions declared a quarterly dividend on Thursday, May 3rd. Investors of record on Tuesday, May 22nd will be given a dividend of $0.32 per share on Tuesday, June 12th. This represents a $1.28 annualized dividend and a yield of 1.28%. The ex-dividend date is Monday, May 21st. View Skyworks Solutions' Dividend History.

Skyworks Solutions announced that its board has initiated a share buyback plan on Tuesday, February 6th 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Skyworks Solutions Inc (NASDAQ:SWKS) issued its earnings results on Thursday, May, 3rd. The semiconductor manufacturer reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.04. The semiconductor manufacturer had revenue of $913.40 million for the quarter, compared to the consensus estimate of $911.02 million. Skyworks Solutions had a return on equity of 30.35% and a net margin of 22.69%. The business's revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $1.45 earnings per share. View Skyworks Solutions' Earnings History.

Skyworks Solutions is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Skyworks Solutions.

Skyworks Solutions issued an update on its third quarter earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $1.59 for the period, compared to the Thomson Reuters consensus estimate of $1.65. The company issued revenue guidance of $875-900 million, compared to the consensus revenue estimate of $931.61 million.

28 brokers have issued 12 month price objectives for Skyworks Solutions' stock. Their predictions range from $88.00 to $130.00. On average, they expect Skyworks Solutions' share price to reach $116.0417 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Ratings for Skyworks Solutions.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 1 sell rating, 5 hold ratings and 22 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Skyworks Solutions include Micron Technology (MU), Applied Materials (AMAT), NXP Semiconductors (NXPI), Analog Devices (ADI), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Microchip Technology (MCHP), STMicroelectronics (STM), Kyocera (KYO), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL) and Qorvo (QRVO).

Press coverage about SWKS stock has been trending somewhat positive this week, according to Accern. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Skyworks Solutions earned a news sentiment score of 0.15 on Accern's scale. They also assigned news stories about the semiconductor manufacturer an impact score of 46.05 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Skyworks Solutions' stock is owned by a number of of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.80%), Bank of Montreal Can (0.13%), Gateway Investment Advisers LLC (0.09%), Winslow Asset Management Inc. (0.07%), Scout Investments Inc. (0.07%) and Montrusco Bolton Investments Inc. (0.05%). Company insiders that own Skyworks Solutions stock include Bruce J Freyman, Carlos S Bori, 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 Institutional Ownership Trends for Skyworks Solutions.

SWKS stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Bank of Montreal Can, Union Bankshares Corp, BKD Wealth Advisors LLC, Gateway Investment Advisers LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Winslow Asset Management Inc. and Denali Advisors LLC. Company insiders that have sold Skyworks Solutions company stock in the last year include Carlos S Bori, Christine King, David J Aldrich, Laura A Gasparini, Liam Griffin, Peter L Gammel and Robert John Terry. View Insider Buying and Selling for Skyworks Solutions.

SWKS stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Clinton Group Inc., Bangor Savings Bank, Rowland & Co. Investment Counsel ADV, State of Alaska Department of Revenue, Montrusco Bolton Investments Inc., Regent Investment Management LLC and Xact Kapitalforvaltning AB. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of SWKS stock can currently be purchased for approximately $99.76.

Skyworks Solutions has a market capitalization of $18.13 billion and generates $3.65 billion in revenue each year. The semiconductor manufacturer earns $1.01 billion in net income (profit) each year or $5.98 on an earnings per share basis. Skyworks Solutions employs 8,400 workers across the globe.

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]