Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $74.22 Average Price Target from Brokerages

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) has been given an average rating of “Hold” by the twenty-four brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $74.2222.

Several brokerages have issued reports on SWKS. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research report on Monday, July 27th. UBS Group upped their target price on shares of Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday. Bank of America reaffirmed an “underperform” rating and set a $65.00 price target on shares of Skyworks Solutions in a report on Wednesday. Royal Bank Of Canada dropped their price target on shares of Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Finally, Mizuho cut their price objective on shares of Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating on the stock in a report on Wednesday.

Read Our Latest Analysis on SWKS

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased 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 worth $249,000 after purchasing an additional 163 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in shares of Skyworks Solutions by 4.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock valued at $282,000 after purchasing an additional 200 shares in the last quarter. AAFMAA Wealth Management & Trust LLC boosted its stake in shares of Skyworks Solutions by 3.2% during the 2nd quarter. AAFMAA Wealth Management & Trust LLC now owns 6,899 shares of the semiconductor manufacturer’s stock valued at $468,000 after buying an additional 212 shares during the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of Skyworks Solutions by 2.8% during the 4th quarter. Asset Management One Co. Ltd. now owns 7,881 shares of the semiconductor manufacturer’s stock valued at $505,000 after buying an additional 213 shares during the last quarter. Finally, Unison Advisors LLC grew its position in shares of Skyworks Solutions by 1.2% during the first quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer’s stock worth $986,000 after buying an additional 219 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Trending Headlines about Skyworks Solutions

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Skyworks Solutions Trading Down 0.3%

Shares of SWKS opened at $62.28 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.70. Skyworks Solutions has a 12 month low of $51.93 and a 12 month high of $90.90. The stock has a market cap of $9.37 billion, a PE ratio of 32.27 and a beta of 1.50. The stock’s 50-day moving average is $68.32 and its two-hundred day moving average is $62.85.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last announced its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The company’s revenue was down 3.1% on a year-over-year basis. During the same period last year, the business posted $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities analysts forecast that Skyworks Solutions will post 3.62 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s payout ratio is presently 147.15%.

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.

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Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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