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. Since then, SWKS stock has increased by 4.6% and is now trading at $93.98. 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) announced its quarterly earnings data on Thursday, January, 23rd. The semiconductor manufacturer reported $1.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.16. The semiconductor manufacturer had revenue of $896.10 million for 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 business posted $1.83 earnings per share. View Skyworks Solutions' earnings history.

Skyworks Solutions announced a quarterly dividend on Thursday, January 23rd. Shareholders of record on Tuesday, February 11th will be given a dividend of $0.44 per share on Tuesday, March 3rd. This represents a $1.76 annualized dividend and a yield of 1.87%. The ex-dividend date of this dividend is Monday, February 10th. View Skyworks Solutions' dividend history.

Skyworks Solutions declared that its Board of Directors has authorized a stock repurchase program on Tuesday, February 5th 2019, which authorizes the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 15.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership 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 (EPS) guidance of 1.34-1.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.44. The company issued revenue guidance of $760-770 million, compared to the consensus revenue estimate of $797.8 million.

27 Wall Street analysts have issued 12-month target prices for Skyworks Solutions' shares. Their forecasts range from $77.00 to $145.00. On average, they expect Skyworks Solutions' share price to reach $117.49 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View analysts' price targets for Skyworks Solutions.

News stories about SWKS stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Skyworks Solutions earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the semiconductor manufacturer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutSkyworks Solutions.

Skyworks Solutions saw a increase in short interest during the month of 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. Approximately 3.1% of the company's stock are short sold. 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), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Inphi (IPHI), Cree (CREE) and First Solar (FSLR).

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), QUALCOMM (QCOM) and Starbucks (SBUX).

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 State of Alaska Department of Revenue (0.09%), Gradient Investments LLC (0.05%), Callahan Advisors LLC (0.03%), Bank of Stockton (0.00%), IBM Retirement Fund (0.00%) and 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 sold by a variety of institutional investors in the last quarter, including Callahan Advisors LLC. Company insiders that have sold Skyworks Solutions company stock in the last year include David J Aldrich, Liam Griffin, Peter L Gammel, Robert John Terry, and Timothy R Furey. View insider buying and selling activity for Skyworks Solutions.

SWKS stock was acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, State of Alaska Department of Revenue, Nelson Van Denburg & Campbell Wealth Management Group LLC, IBM Retirement Fund, and Bank of Stockton. 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 $93.98.

Skyworks Solutions has a market capitalization of $15.94 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]