Skyworks Solutions, Inc. (NASDAQ:SWKS) Given Average Rating of “Hold” by Analysts

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) has received an average recommendation of “Hold” from the twenty-four ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, three have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $70.50.

SWKS has been the subject of a number of research analyst reports. Wall Street Zen cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. TD Cowen lowered their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Wednesday, February 4th. Loop Capital cut their price objective on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a report on Friday, January 2nd. Mizuho dropped their target price on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating on the stock in a research report on Monday, January 26th. Finally, Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, February 4th.

Read Our Latest Research Report on Skyworks Solutions

Insider Transactions at Skyworks Solutions

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the sale, the senior vice president owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the sale, the executive vice president directly owned 26,087 shares in the company, valued at $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Skyworks Solutions

A number of institutional investors have recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. grew its position in Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 342 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Skyworks Solutions in the second quarter worth $28,000. Sound Income Strategies LLC boosted its stake in shares of Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Financial Consulate Inc. purchased a new stake in Skyworks Solutions in the 3rd quarter worth approximately $29,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Skyworks Solutions in the fourth quarter valued at $29,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Down 4.5%

NASDAQ:SWKS traded down $2.83 during mid-day trading on Thursday, hitting $60.85. 910,798 shares of the company’s stock traded hands, compared to its average volume of 4,451,253. The company has a fifty day moving average of $62.32 and a 200 day moving average of $69.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. Skyworks Solutions has a twelve month low of $47.93 and a twelve month high of $90.90. The company has a market capitalization of $9.15 billion, a P/E ratio of 23.39 and a beta of 1.33.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, topping the consensus estimate 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 quarter last year, the company earned $1.60 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. On average, analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be given a dividend of $0.71 per share. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.7%. Skyworks Solutions’s dividend payout ratio (DPR) is 109.23%.

Skyworks Solutions Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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