Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Average Recommendation of “Hold” from Brokerages
by Teresa Graham · The Cerbat GemSkyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) has received an average rating of “Hold” from the twenty-two ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $83.1765.
SWKS has been the subject of several recent analyst reports. Morgan Stanley boosted their price objective on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and raised their price target for the company from $70.00 to $140.00 in a research report on Wednesday, October 29th. UBS Group dropped their target price on Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a report on Wednesday, October 8th. Finally, Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a report on Tuesday, October 28th.
View Our Latest Analysis on Skyworks Solutions
Insider Transactions at Skyworks Solutions
In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This represents a 21.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value of $307,974.60. Following the completion of the sale, the senior vice president owned 19,824 shares in the company, valued at approximately $1,234,638.72. This represents a 19.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is owned by insiders.
Institutional Investors Weigh In On Skyworks Solutions
A number of large investors have recently modified their holdings of the stock. Pzena Investment Management LLC lifted its position in Skyworks Solutions by 57.3% during the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer’s stock valued at $909,714,000 after buying an additional 4,444,747 shares during the period. Norges Bank purchased a new stake in Skyworks Solutions in the second quarter worth about $140,807,000. Vanguard Group Inc. lifted its holdings in shares of Skyworks Solutions by 4.9% during the third quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock valued at $1,594,620,000 after purchasing an additional 958,768 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Skyworks Solutions in the 2nd quarter worth approximately $67,841,000. Finally, Marshall Wace LLP grew its stake in shares of Skyworks Solutions by 391.3% in the 3rd quarter. Marshall Wace LLP now owns 537,814 shares of the semiconductor manufacturer’s stock worth $41,401,000 after buying an additional 722,414 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.
Skyworks Solutions Stock Performance
NASDAQ SWKS traded down $0.02 on Wednesday, hitting $64.46. 79,398 shares of the stock traded hands, compared to its average volume of 3,225,487. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33. The business’s fifty day moving average is $69.41 and its two-hundred day moving average is $72.54. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $95.46. The firm has a market capitalization of $9.66 billion, a price-to-earnings ratio of 20.99 and a beta of 1.31.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion for the quarter. During the same period in the prior year, the company earned $1.55 EPS. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current fiscal year.
Skyworks Solutions Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio is currently 92.51%.
Skyworks Solutions Company Profile
Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.
Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.
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