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

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) have been assigned an average recommendation of “Hold” from the twenty-three ratings firms that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, fifteen have issued a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $76.6111.

SWKS has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Skyworks Solutions in a report on Wednesday, May 6th. Citigroup boosted their price target on shares of Skyworks Solutions from $63.00 to $77.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. UBS Group increased their price objective on shares of Skyworks Solutions from $63.00 to $75.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. B. Riley Financial boosted their target price on Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, Craig Hallum increased their price target on Skyworks Solutions from $75.00 to $85.00 in a research note on Wednesday, May 6th.

Read Our Latest Research Report on SWKS

Institutional Investors Weigh In On Skyworks Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Manske Wealth Management grew its position in Skyworks Solutions by 3.8% during the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock worth $332,000 after purchasing an additional 160 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Skyworks Solutions by 5.3% in the third quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock worth $249,000 after buying an additional 163 shares during the period. Unison Advisors LLC grew its holdings in shares of Skyworks Solutions by 0.9% during the third quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock valued at $1,388,000 after buying an additional 164 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Skyworks Solutions by 0.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,308 shares of the semiconductor manufacturer’s stock valued at $1,807,000 after buying an additional 166 shares during the period. Finally, Beacon Pointe Advisors LLC lifted its stake in Skyworks Solutions by 4.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 200 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $82.42 on Friday. Skyworks Solutions has a 12-month low of $51.93 and a 12-month high of $90.90. 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 firm has a market capitalization of $12.40 billion, a price-to-earnings ratio of 34.20 and a beta of 1.48. The business has a 50 day simple moving average of $60.78 and a 200 day simple moving average of $62.06.

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

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 3.4%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 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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