Skyworks Solutions (NASDAQ:SWKS) Given “Hold” Rating at Benchmark

Skyworks Solutions (NASDAQ:SWKS)‘s stock had its “hold” rating reiterated by research analysts at Benchmark in a report released on Wednesday,Benzinga reports.

A number of other research firms have also issued reports on SWKS. Craig Hallum reduced their target price on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research note on Tuesday, October 28th. UBS Group decreased their target price on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a research note on Tuesday, January 20th. Stifel Nicolaus set a $72.00 target price on shares of Skyworks Solutions in a research report on Wednesday, November 5th. Finally, B. Riley dropped their price objective on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and a consensus price target of $75.63.

Skyworks Solutions Stock Down 1.6%

SWKS opened at $55.93 on Wednesday. Skyworks Solutions has a 52 week low of $47.93 and a 52 week high of $90.90. The company has a quick ratio of 1.76, a current ratio of 2.33 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average price of $62.93 and a two-hundred day moving average price of $69.61. The company has a market cap of $8.39 billion, a PE ratio of 18.22 and a beta of 1.33.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The firm had revenue of $1.10 billion during the quarter. During the same period in the prior year, the company earned $1.55 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. As a group, research analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current year.

Insider Activity at Skyworks Solutions

In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the firm’s 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 trade represents a 19.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the sale, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Financial Consulate Inc. acquired a new position in Skyworks Solutions during the 3rd quarter worth $29,000. Atlantic Union Bankshares Corp acquired a new position in Skyworks Solutions during the second quarter valued at approximately $28,000. Clearstead Trust LLC raised its stake in Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 274 shares during the period. Quest 10 Wealth Builders Inc. lifted its holdings in shares of Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 342 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions News Summary

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Q1 earnings and revenue topped estimates: EPS $1.54 vs. consensus $1.40 and revenue $1.04B vs. $999M consensus, signaling near-term outperformance. MarketBeat Q1 Results
• Positive Sentiment: Management raised Q2 guidance well above Street forecasts — EPS guidance of $1.04 vs. consensus ~$0.82 and revenue guidance $875–925M vs. ~$866M — citing stronger 5G-driven demand for Skyworks’ RF chips. Reuters: Guidance, 5G Demand
• Positive Sentiment: Board approved a quarterly dividend of $0.71 per share (annualized ~$2.84), implying roughly a 5.1% yield; ex-dividend date and record date Feb 24, payable Mar 17 — supports total-return interest for income investors.
• Neutral Sentiment: Investor and media coverage / earnings assessments and the full earnings call transcript are available for detail on product mix and channel commentary; useful for dissecting sustainability of the beat. Earnings Call Transcript
• Negative Sentiment: Morgan Stanley cut its price target from $89 to $68 and moved to an “equal weight” rating, signaling reduced near-to-medium-term upside in analyst models and adding selling pressure. Benzinga: MS Cut
• Negative Sentiment: Management and press noted higher inventory levels, which could indicate channel build or softer near-term sell-through and may pressure margins or future orders if not digested. MSN: Inventory Rise
• Negative Sentiment: On a year-over-year basis, revenue and EPS remain below last year (revenue down ~3.1% YoY; EPS lower than prior-year period), a reminder that beat vs. estimates does not equal cyclical recovery across all end markets. Zacks: Q1 Results

About Skyworks Solutions

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.