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

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) has received a consensus recommendation of “Hold” from the twenty-three research firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, fifteen 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 a report on the stock in the last year is $76.6111.

A number of equities analysts have commented on SWKS shares. Loop Capital upped their target price on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. Zacks Research lowered shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. B. Riley Financial boosted their price target on shares of Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Argus raised shares of Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Finally, TD Cowen upped their target price on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th.

Get Our Latest Analysis on SWKS

Institutional Trading of Skyworks Solutions

Several hedge funds have recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. increased its holdings in shares of 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 purchasing an additional 342 shares in the last quarter. 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. AdvisorNet Financial Inc grew its holdings in Skyworks Solutions by 93.8% in the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 257 shares during the period. Fideuram Asset Management Ireland dac acquired a new position in Skyworks Solutions during the fourth quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions during the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Stock Up 2.2%

NASDAQ SWKS opened at $68.53 on Friday. The business’s 50-day moving average is $58.90 and its 200 day moving average is $62.20. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. The stock has a market capitalization of $10.31 billion, a PE ratio of 28.44 and a beta of 1.48. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $90.90.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The company had revenue of $943.70 million during the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side analysts forecast that Skyworks Solutions will post 3.55 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $2.84 annualized dividend and a dividend yield of 4.1%. Skyworks Solutions’s dividend payout ratio is presently 117.84%.

About Skyworks Solutions

(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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