Skyworks Solutions - SWKS Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research 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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17 Wall Street research analysts have issued twelve-month price targets for Skyworks Solutions' stock. Their SWKS share price forecasts range from $97.00 to $185.00. On average, they predict the company's share price to reach $142.45 in the next year. This suggests a possible upside of 28.4% from the stock's current price.
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Skyworks Solutions' stock was trading at $155.14 at the beginning of 2022. Since then, SWKS shares have decreased by 28.5% and is now trading at $110.94.
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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) released its quarterly earnings data on Thursday, August, 4th. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.05 by $0.39. The semiconductor manufacturer earned $1.23 billion during the quarter, compared to analysts' expectations of $1.23 billion. Skyworks Solutions had a trailing twelve-month return on equity of 30.43% and a net margin of 24.11%. Skyworks Solutions's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.96 earnings per share.
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Skyworks Solutions announced a quarterly dividend on Thursday, August 4th. Investors of record on Thursday, August 25th will be given a dividend of $0.62 per share on Thursday, September 15th. This represents a $2.48 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Wednesday, August 24th. This is an increase 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 $2.24 per share and currently has a dividend yield of 2.00%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 28.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SWKS will have a dividend payout ratio of 21.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWKS.

Skyworks Solutions declared that its board has authorized a share repurchase program on Thursday, January 28th 2021, which allows the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 7.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Skyworks Solutions issued an update on its fourth quarter earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $2.90 for the period, compared to the consensus estimate of $2.93. The company issued revenue guidance of $1.375-$1.425 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 retail and institutional investors. Top institutional shareholders include Lazard Asset Management LLC (1.91%), Van ECK Associates Corp (0.66%), Congress Asset Management Co. MA (0.56%), Swiss National Bank (0.44%), Victory Capital Management Inc. (0.43%) and Sumitomo Mitsui Trust Holdings Inc. (0.33%). 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 $110.94.

Skyworks Solutions (NASDAQ:SWKS) has a market capitalization of $17.85 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 was founded in 2002.

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.