Skyworks Solutions (SWKS) Stock Price, News & Analysis

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SWKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWKS, but not buy additional shares or sell existing shares.
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14 equities research analysts have issued 12-month price targets for Skyworks Solutions' shares. Their SWKS share price targets range from $87.00 to $140.00. On average, they anticipate the company's stock price to reach $115.10 in the next year. This suggests a possible upside of 17.0% from the stock's current price.
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Skyworks Solutions' stock was trading at $112.42 at the beginning of the year. Since then, SWKS shares have decreased by 12.5% and is now trading at $98.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
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Skyworks Solutions, Inc. (NASDAQ:SWKS) posted its earnings results on Tuesday, January, 30th. The semiconductor manufacturer reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.02. The semiconductor manufacturer earned $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. Skyworks Solutions had a net margin of 19.48% and a trailing twelve-month return on equity of 18.68%. The company's quarterly revenue was down 9.6% on a year-over-year basis. During the same period last year, the company earned $2.33 EPS.
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Skyworks Solutions announced a quarterly dividend on Tuesday, January 30th. Shareholders of record on Tuesday, February 20th will be given a dividend of $0.68 per share on Tuesday, March 12th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Friday, February 16th.
Read our dividend analysis for SWKS.

Skyworks Solutions (NASDAQ:SWKS) pays an annual dividend of $2.72 per share and currently has a dividend yield of 2.75%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 48.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SWKS will have a dividend payout ratio of 40.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWKS.

ETFs with the largest weight of Skyworks Solutions (NASDAQ:SWKS) stock in their portfolio include Global X Internet of Things Thematic ETF (SNSR), First Trust Nasdaq Semiconductor ETF (FTXL), SPDR S&P Semiconductor ETF (XSD), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Defiance Next Gen Connectivity ETF (FIVG), iShares Future Cloud 5G and Tech ETF (IDAT), Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and SmartETFs Smart Transportation & TechnologyETF (MOTO).

Skyworks Solutions declared that its board has approved a stock repurchase plan on Monday, February 6th 2023, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 11.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its shares are undervalued.

Skyworks Solutions issued an update on its second quarter earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of $1.52 for the period, compared to the consensus earnings per share estimate of $1.52. The company issued revenue guidance of $1.02-1.07 billion, compared to the consensus revenue estimate of $1.04 billion.

160 employees have rated Skyworks Solutions Chief Executive Officer Liam K. Griffin on Glassdoor.com. Liam K. Griffin has an approval rating of 66% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Skyworks Solutions investors own include NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), Micron Technology (MU), Intel (INTC), Walt Disney (DIS), Broadcom (AVGO), Advanced Micro Devices (AMD), TriQuint Semiconductor (TQNT) and Netflix (NFLX).

Skyworks Solutions' stock is owned by many different institutional and retail investors. Top institutional investors include Perpetual Ltd (0.09%), Portman Square Capital LLP (0.00%), Congress Asset Management Co. MA (0.04%), Touchstone Capital Inc. (0.03%), Martin Capital Partners LLC (0.02%) and Gilman Hill Asset Management LLC (0.02%). Insiders that own company stock include Carlos S Bori, Carlos S Bori, Karilee A Durham, Karilee A Durham, Kevin L Beebe, Kris Sennesael, Liam Griffin, Reza Kasnavi, Robert John Terry and Timothy R Furey.
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Shares of SWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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