Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Average Recommendation of “Hold” from Brokerages

Skyworks Solutions, Inc. (NASDAQ:SWKS) has received an average recommendation of “Hold” from the twenty-two analysts that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $77.4706.

A number of brokerages have recently commented on SWKS. Craig Hallum boosted their price target on Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Loop Capital boosted their target price on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Mizuho reissued an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. B. Riley Financial raised their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, TD Cowen lifted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th.

Skyworks Solutions Trading Up 0.7%

SWKS traded up $0.43 on Friday, hitting $60.38. 3,360,863 shares of the company were exchanged, compared to its average volume of 5,252,938. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38. The firm has a fifty day simple moving average of $71.14 and a two-hundred day simple moving average of $63.16. The stock has a market capitalization of $9.08 billion, a PE ratio of 25.05 and a beta of 1.50. Skyworks Solutions has a 12 month low of $51.93 and a 12 month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The firm had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. During the same period in the prior year, the firm posted $1.24 earnings per share. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side analysts expect that Skyworks Solutions will post 3.61 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 4.7%. The ex-dividend date was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 117.84%.

Institutional Trading of Skyworks Solutions

A number of large investors have recently made changes to their positions in the stock. United Services Automobile Association purchased a new stake in shares of Skyworks Solutions during the 1st quarter valued at about $236,000. Focus Partners Wealth boosted its holdings in shares of Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after buying an additional 4,702 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Skyworks Solutions by 137.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock valued at $171,000 after buying an additional 1,330 shares during the period. Gamco Investors INC. ET AL purchased a new stake in Skyworks Solutions during the second quarter valued at approximately $259,000. Finally, Gabelli Funds LLC purchased a new stake in Skyworks Solutions during the second quarter valued at approximately $1,004,000. 85.43% of the stock is currently owned by 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.