Skyworks Solutions’ (SWKS) “Underperform” Rating Reiterated at Mizuho
by Amy Steele · The Cerbat GemSkyworks Solutions (NASDAQ:SWKS – Get Free Report)‘s stock had its “underperform” rating restated by Mizuho in a research report issued on Monday,Benzinga reports. They presently have a $46.00 target price on the semiconductor manufacturer’s stock, down from their prior target price of $60.00. Mizuho’s price objective points to a potential downside of 22.02% from the company’s previous close.
A number of other equities analysts have also recently weighed in on SWKS. JPMorgan Chase & Co. lowered their price target on Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Weiss Ratings cut Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Loop Capital lowered their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday, January 2nd. B. Riley Financial lowered their price target on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Finally, Argus upgraded Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $69.72.
Check Out Our Latest Research Report on Skyworks Solutions
Skyworks Solutions Price Performance
Shares of SWKS opened at $58.99 on Monday. Skyworks Solutions has a 52-week low of $51.93 and a 52-week high of $90.90. The company has a market capitalization of $8.87 billion, a PE ratio of 22.69 and a beta of 1.30. The stock has a fifty day simple moving average of $57.22 and a two-hundred day simple moving average of $63.34. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. During the same period last year, the company earned $1.60 EPS. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, equities analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.
Hedge Funds Weigh In On Skyworks Solutions
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Financiere des Professionnels Fonds d investissement inc. boosted its holdings in Skyworks Solutions by 1.2% during the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 12,738 shares of the semiconductor manufacturer’s stock valued at $981,000 after acquiring an additional 145 shares during the period. Wedmont Private Capital boosted its holdings in Skyworks Solutions by 5.8% during the 3rd quarter. Wedmont Private Capital now owns 2,775 shares of the semiconductor manufacturer’s stock valued at $206,000 after acquiring an additional 151 shares during the period. Manske Wealth Management boosted its holdings in Skyworks Solutions by 3.8% during the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock valued at $332,000 after acquiring an additional 160 shares during the period. Parallel Advisors LLC boosted its holdings in Skyworks Solutions by 5.3% during the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after acquiring an additional 163 shares during the period. Finally, Unison Advisors LLC boosted its holdings in Skyworks Solutions by 0.9% during the 3rd quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock valued at $1,388,000 after acquiring an additional 164 shares during the period. 85.43% of the stock is currently owned by hedge funds and other institutional investors.
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.