NASDAQ:SWKS - Skyworks Solutions Stock Price, Forecast & News

Skyworks Solutions' stock was trading at $89.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SWKS shares have decreased by 7.2% and is now trading at $83.37. View which stocks have been mosted impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 7 hold ratings and 20 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 Thursday, May 7th 2020. View our earnings forecast for Skyworks Solutions.

Skyworks Solutions Inc (NASDAQ:SWKS) released its quarterly earnings data on Thursday, January, 23rd. The semiconductor manufacturer reported $1.68 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.52 by $0.16. The semiconductor manufacturer earned $896.10 million during the quarter, compared to analyst estimates of $881.80 million. Skyworks Solutions had a return on equity of 23.03% and a net margin of 25.02%. Skyworks Solutions's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.83 EPS. View Skyworks Solutions' earnings history.

Skyworks Solutions declared a quarterly dividend on Thursday, January 23rd. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.44 per share on Tuesday, March 3rd. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Monday, February 10th. View Skyworks Solutions' dividend history.

Skyworks Solutions announced that its board has authorized a stock buyback program 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 programs are often a sign that the company's board believes its shares are undervalued.

Skyworks Solutions updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, March, 4th. The company provided earnings per share guidance of 1.34-1.34 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.44. The company issued revenue guidance of $760-770 million, compared to the consensus revenue estimate of $797.8 million.

27 analysts have issued twelve-month price targets for Skyworks Solutions' stock. Their forecasts range from $77.00 to $145.00. On average, they anticipate Skyworks Solutions' share price to reach $117.49 in the next year. This suggests a possible upside of 40.9% from the stock's current price. View analysts' price targets for Skyworks Solutions.

News stories about SWKS stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. 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 media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the semiconductor manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSkyworks Solutions.

Skyworks Solutions saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,279,400 shares, an increase of 32.3% from the February 27th total of 3,990,000 shares. Based on an average daily trading volume, of 3,140,300 shares, the short-interest ratio is presently 1.7 days. Currently, 3.1% of the company's shares are sold short. 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), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Silicon Laboratories (SLAB), Cirrus Logic (CRUS) and Inphi (IPHI).

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), Intel (INTC), Micron Technology (MU), Netflix (NFLX), Broadcom (AVGO), Starbucks (SBUX) and QUALCOMM (QCOM).

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

Skyworks Solutions' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Skyworks Solutions stock include Christine King, David J Aldrich, Liam Griffin, Peter L Gammel, Robert John Terry and Timothy R Furey. View institutional ownership trends for Skyworks Solutions.

SWKS stock was acquired by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group 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 $83.37.

Skyworks Solutions has a market capitalization of $14.19 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. View additional information about Skyworks Solutions.

The official website for Skyworks Solutions is http://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]