1 week Ago By Defense World Staff
Skyworks Solutions, Inc. ( NASDAQ:SWKS – Get Free Report ) has been given an average recommendation of “Hold” by the twenty-two ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and five have assigned a buy recommendation to the company.
The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $101.12. Several research analysts recently weighed in on SWKS shares.
Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, November 13th. Craig Hallum cut their price objective on shares of Skyworks Solutions from $140.00 to $105.
00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. JPMorgan Chase & Co. decreased their target price on shares of Skyworks Solutions from $120.
00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 13th. Citigroup lifted their target price on shares of Skyworks Solutions from $72.
00 to $84.00 and gave the stock a “sell” rating in a research note on Friday, January 10th. Finally, B.
Riley reduced their price target on Skyworks Solutions from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th.
Get Our Latest Stock Analysis on Skyworks Solutions Insider Activity Institutional Trading of Skyworks Solutions Several large investors have recently bought and sold shares of SWKS. Erste Asset Management GmbH purchased a new position in shares of Skyworks Solutions in the third quarter valued at $27,000. Investors Research Corp increased its stake in Skyworks Solutions by 167.
7% during the 3rd quarter. Investors Research Corp now owns 340 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 213 shares during the period. Matrix Trust Co acquired a new position in Skyworks Solutions in the 3rd quarter worth $39,000.
Valley Wealth Managers Inc. purchased a new position in Skyworks Solutions in the 3rd quarter valued at about $40,000. Finally, Quest Partners LLC acquired a new stake in shares of Skyworks Solutions during the third quarter valued at about $41,000.
Institutional investors and hedge funds own 85.43% of the company’s stock. Skyworks Solutions Stock Down 1.
4 % SWKS stock opened at $91.20 on Friday. The company has a debt-to-equity ratio of 0.
16, a current ratio of 5.54 and a quick ratio of 4.24.
The company’s 50 day simple moving average is $89.31 and its 200-day simple moving average is $97.21.
Skyworks Solutions has a 12 month low of $82.13 and a 12 month high of $120.86.
The firm has a market capitalization of $14.58 billion, a PE ratio of 24.65, a P/E/G ratio of 2.
03 and a beta of 1.15. Skyworks Solutions ( NASDAQ:SWKS – Get Free Report ) last announced its earnings results on Tuesday, November 12th.
The semiconductor manufacturer reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.
03. Skyworks Solutions had a return on equity of 13.71% and a net margin of 14.
27%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.
02 billion. During the same quarter in the prior year, the firm earned $1.95 EPS.
Skyworks Solutions’s quarterly revenue was down 15.9% on a year-over-year basis. Equities analysts expect that Skyworks Solutions will post 4.
45 earnings per share for the current fiscal year. Skyworks Solutions Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.
70 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $2.
80 annualized dividend and a yield of 3.07%. Skyworks Solutions’s dividend payout ratio is currently 75.
68%. Skyworks Solutions Company Profile ( Get Free Report Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.
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