NASDAQ:SWKSSkyworks Solutions Stock Price, Forecast & News

$80.30

-3.07 (-3.68 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$79.51

Now: $80.30▼

$83.73

50-Day Range

$67.90

MA: $95.36▼

$122.59

52-Week Range

$66.29

Now: $80.30▼

$128.48

Volume2.04 million shs

Average Volume3.56 million shs

Market Capitalization$13.62 billion

P/E Ratio16.80

Dividend Yield2.11%

Beta1.21

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, antenna tuners, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators. The company provides its products for use in the aerospace, automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. Skyworks Solutions, Inc. has a collaboration agreement with MediaTek Incorporated to deliver standards-based 5G solution. The company was founded in 1962 and is headquartered in Woburn, Massachusetts.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Skyworks Solutions has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 20 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $117.49, Skyworks Solutions has a potential upside of 46.3% from its current price of $80.30.
Amount of Analyst Coverage
Skyworks Solutions has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.5 Community Rank

Outperform Votes
Skyworks Solutions has received 1,584 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Skyworks Solutions has received 690 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Skyworks Solutions has received 69.66% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Skyworks Solutions and other stocks. Vote “Outperform” if you believe SWKS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SWKS will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Skyworks Solutions is a leading dividend payer. It pays a dividend yield of 2.11%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Skyworks Solutions has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Skyworks Solutions is 30.82 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Skyworks Solutions will have a dividend payout ratio of 26.23 % next year. This indicates that Skyworks Solutions will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skyworks Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,529,375.00 in company stock.
Percentage Held by Insiders
Only 0.64% of the stock of Skyworks Solutions is held by insiders.
Percentage Held by Institutions
81.57% of the stock of Skyworks Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Skyworks Solutions are expected to grow by 21.34% in the coming year, from $5.53 to $6.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Skyworks Solutions is 16.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.83.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skyworks Solutions is 16.80, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 28.71.
Price to Earnings Growth Ratio
Skyworks Solutions has a PEG Ratio of 1.28. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Skyworks Solutions has a P/B Ratio of 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.98 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorComputer and Technology

Current SymbolNASDAQ:SWKS

Previous Symbol

CUSIP83088M10

CIK4127

Webhttp://www.skyworksinc.com/

Phone781-376-3000

Debt

Debt-to-Equity Ratio0.04

Current Ratio7.04

Quick Ratio5.23

Price-To-Earnings

Trailing P/E Ratio16.80

Forward P/E Ratio14.52

P/E Growth1.28

Sales & Book Value

Annual Sales$3.38 billion

Price / Sales4.03

Cash Flow$7.68 per share

Price / Cash Flow10.46

Book Value$24.01 per share

Price / Book3.34

Profitability

EPS (Most Recent Fiscal Year)$5.71

Net Income$853.60 million

Net Margins25.02%

Return on Equity23.03%

Return on Assets19.53%

Miscellaneous

Employees9,000

Outstanding Shares169,560,000

Market Cap$13.62 billion

Next Earnings Date5/7/2020 (Estimated)

OptionableOptionable

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Skyworks Solutions (NASDAQ:SWKS) Frequently Asked Questions

How has Skyworks Solutions' stock been impacted by COVID-19 (Coronavirus)?

Skyworks Solutions' stock was trading at $89.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SWKS shares have decreased by 10.6% and is now trading at $80.30. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Skyworks Solutions?

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.

When is Skyworks Solutions' next earnings date?

Skyworks Solutions is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Skyworks Solutions.

How were Skyworks Solutions' earnings last quarter?

Skyworks Solutions Inc (NASDAQ:SWKS) posted its quarterly earnings data on Thursday, January, 23rd. The semiconductor manufacturer reported $1.68 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.52 by $0.16. The semiconductor manufacturer earned $896.10 million during the quarter, compared to the consensus estimate 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 previous year, the company earned $1.83 EPS. View Skyworks Solutions' earnings history.

How often does Skyworks Solutions pay dividends? What is the dividend yield for Skyworks Solutions?

Skyworks Solutions declared a quarterly dividend on Thursday, January 23rd. Investors 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 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Monday, February 10th. View Skyworks Solutions' dividend history.

How will Skyworks Solutions' stock buyback program work?

Skyworks Solutions announced that its board has initiated a stock buyback plan 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 buy up to 15.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

What guidance has Skyworks Solutions issued on next quarter's earnings?

Skyworks Solutions issued an update on 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.

What price target have analysts set for SWKS?

27 brokers have issued twelve-month price targets for Skyworks Solutions' shares. 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 46.3% from the stock's current price. View analysts' price targets for Skyworks Solutions.

What are Wall Street analysts saying about Skyworks Solutions stock?

Here are some recent quotes from research analysts about Skyworks Solutions stock:

1. According to Zacks Investment Research, "Skyworks designs, manufactures, and markets a broad range of high performance analog and mixed signal semiconductors that enable wireless connectivity. The company’s expanding product portfolio and growing clout of connectivity solutions are key catalysts. Accelerated deployment of 5G favors growth prospects. Moreover, emergence of connected homes, autonomous vehicles, AI, AR, and wearables hold promise. Estimates have remained stable lately ahead of the company’s Q3 earnings release. Notably, Skyworks stock has outperformed the industry on a year-to-date basis. However, customer concentration from the likes of Apple and Huawei remains headwind. In fact, blacklisting of Huawei by BIS compelled Skyworks to trim outlook, which limits near-term growth prospects. Also, the company has a mixed record of earnings surprises in recent quarters." (8/7/2019)
2. Mizuho analysts commented, "We believe the 2H19 handset market could be weaker y/y with lower iPhone builds and a potential China handset slowdown after a strong 1H build In 2020, we believe ramps of 5G and a smartphone refresh could be opportunities. Adjusting estimates, maintaining Neutral rating and $89 PT on potentially increased competition from Murata and QCOM RF360." (5/3/2019)

Has Skyworks Solutions been receiving favorable news coverage?

Media coverage about SWKS stock has trended very negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Skyworks Solutions earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news 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 next few days. View the latest news aboutSkyworks Solutions.

Are investors shorting Skyworks 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 days-to-cover ratio is currently 1.7 days. Approximately 3.1% of the shares of the company are sold short. View Skyworks Solutions' Current Options Chain.

Who are some of Skyworks Solutions' key competitors?

Some companies that are related to Skyworks Solutions include Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), 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), First Solar (FSLR), Cree (CREE) and Inphi (IPHI).

What other stocks do shareholders of Skyworks Solutions own?

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).

Who are Skyworks Solutions' key executives?

Skyworks Solutions' management team includes the following people:

Mr. Liam K. Griffin, CEO, Pres & Director (Age 52)
Mr. Kris Sennesael, Sr. VP & CFO (Age 50)
Mr. Peter L. Gammel, Chief Technology Officer (Age 58)
Mr. Robert John Terry, Sr. VP, Gen. Counsel & Sec. (Age 53)
Mr. Carlos S. Bori, Sr. VP of Sales & Marketing (Age 48)

What is Skyworks Solutions' stock symbol?

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

Who are Skyworks Solutions' major shareholders?

Skyworks Solutions' stock is owned by many different institutional and retail 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.

Which institutional investors are buying Skyworks Solutions stock?

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.

How do I buy shares of 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.

What is Skyworks Solutions' stock price today?

One share of SWKS stock can currently be purchased for approximately $80.30.

How big of a company is Skyworks Solutions?

Skyworks Solutions has a market capitalization of $13.62 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.

What is Skyworks Solutions' official website?

The official website for Skyworks Solutions is http://www.skyworksinc.com/.

How can I contact Skyworks Solutions?

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

NASDAQ:SWKSSkyworks Solutions Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.4 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

3.5 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment