Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) have been assigned a consensus recommendation of “Hold” from the twenty-four ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $74.00.
SWKS has been the topic of a number of analyst reports. Citigroup decreased their price objective on Skyworks Solutions from $77.00 to $64.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Bank of America restated an “underperform” rating and issued a $65.00 target price on shares of Skyworks Solutions in a report on Wednesday, July 29th. Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a report on Monday, July 27th. BMO Capital Markets began coverage on shares of Skyworks Solutions in a report on Friday, August 21st. They set a “market perform” rating and a $70.00 price target for the company. Finally, Weiss Ratings raised shares of Skyworks Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th.
Read Our Latest Research Report on Skyworks Solutions
Institutional Investors Weigh In On Skyworks Solutions
Skyworks Solutions Price Performance
Skyworks Solutions stock opened at $87.81 on Friday. Skyworks Solutions has a 52 week low of $51.93 and a 52 week high of $92.80. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. The firm’s 50-day simple moving average is $71.45 and its 200 day simple moving average is $67.00. The firm has a market capitalization of $13.21 billion, a PE ratio of 45.50, a P/E/G ratio of 2.47 and a beta of 1.52.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last posted its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The firm had revenue of $934.80 million during the quarter, compared to the consensus estimate of $925.97 million. During the same period last year, the firm posted $1.33 EPS. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, equities research analysts predict that Skyworks Solutions will post 3.64 EPS for the current fiscal year.
Skyworks Solutions Company Profile
Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that develops and manufactures analog and mixed-signal products used to connect people, devices and networks. Its portfolio includes radio-frequency (RF) and wireless connectivity components such as amplifiers, attenuators, filters, switches, modulators, front-end modules and integrated solutions.
The company’s products are designed for applications including smartphones and other mobile devices, automotive systems, broadband and wireless infrastructure, industrial equipment, medical devices, smart-home products and the Internet of Things.
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