Skyworks Solutions (SWKS) Projected to Post Quarterly Earnings on Wednesday

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 5th. Analysts expect Skyworks Solutions to post earnings of $1.57 per share and revenue of $1.07 billion for the quarter. Skyworks Solutions has set its Q1 guidance at $1.57 EPS and its Q1 2025 guidance at 1.570-1.570 EPS.Parties that are interested in registering for the company's conference call can do so using this link.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its earnings results on Tuesday, November 12th. The semiconductor manufacturer reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.03. Skyworks Solutions had a return on equity of 13.71% and a net margin of 14.27%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the firm posted $1.95 EPS. The company's revenue was down 15.9% on a year-over-year basis. On average, analysts expect Skyworks Solutions to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Skyworks Solutions Stock Performance

Shares of SWKS stock traded down $1.13 during trading hours on Friday, reaching $88.27. 1,477,393 shares of the company's stock were exchanged, compared to its average volume of 2,358,931. Skyworks Solutions has a fifty-two week low of $82.13 and a fifty-two week high of $120.86. The company has a quick ratio of 4.24, a current ratio of 5.54 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $14.19 billion, a P/E ratio of 23.78, a P/E/G ratio of 1.99 and a beta of 1.15. The business has a fifty day moving average price of $89.77 and a 200-day moving average price of $96.71.

Skyworks Solutions Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, December 3rd were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend was Tuesday, December 3rd. Skyworks Solutions's dividend payout ratio (DPR) is currently 75.68%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Barclays dropped their price objective on shares of Skyworks Solutions from $80.00 to $70.00 and set an "underweight" rating on the stock in a report on Friday, January 17th. Morgan Stanley cut their price target on Skyworks Solutions from $117.00 to $87.00 and set an "equal weight" rating for the company in a report on Wednesday, November 13th. Loop Capital initiated coverage on Skyworks Solutions in a report on Monday, November 11th. They set a "hold" rating and a $90.00 price objective on the stock. Benchmark restated a "hold" rating on shares of Skyworks Solutions in a research note on Wednesday, November 13th. Finally, Susquehanna decreased their price target on shares of Skyworks Solutions from $110.00 to $100.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 13th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $101.12.

Insider Activity at Skyworks Solutions

In related news, SVP Robert John Terry sold 10,522 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $88.01, for a total value of $926,041.22. Following the transaction, the senior vice president now directly owns 15,960 shares in the company, valued at $1,404,639.60. This represents a 39.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.34% of the stock is currently owned by company insiders.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.