Skyworks Solutions (SWKS) Stock Price, News & Analysis

Company Overview

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. The company products are the used in aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, military, smartphone, tablet, and wearable markets. It sells its products through direct sales force, electronic component distributors, and independent sales representatives. Skyworks Solutions, Inc. was founded in 1962 and is based in Irvine, California.

Key Stats

• Today's Range: $87.33 to $90.14
• 50-Day Range: $83.18 to $99.15
• 52-Week Range: $82.13 to $120.86
• Volume: 6.26 million shs
• Average Volume: 2.41 million shs
• Market Capitalization: $14.19 billion
• P/E Ratio: 23.99
• Dividend Yield: 3.15%
• Price Target: $101.00
• Consensus Rating: Hold

Skyworks Solutions Stock Analysis - MarketRank™

Skyworks Solutions scored higher than 94% of companies evaluated by MarketBeat, and ranked 63rd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Skyworks Solutions has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 5 buy ratings, 14 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Skyworks Solutions has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.53%

Earnings Growth

Earnings for Skyworks Solutions are expected to grow by 17.53% in the coming year, from $4.45 to $5.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Skyworks Solutions is 23.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Skyworks Solutions is 23.99, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.90.

Price to Earnings Growth Ratio

Skyworks Solutions has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Skyworks Solutions has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.06% of the float of Skyworks Solutions has been sold short.

Short Interest Ratio / Days to Cover

Skyworks Solutions has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Skyworks Solutions has recently increased by 12.29%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Skyworks Solutions pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Skyworks Solutions has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of Skyworks Solutions is 75.68%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Skyworks Solutions will have a dividend payout ratio of 53.54% next year. This indicates that Skyworks Solutions will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -2.17

Percentage of Shares Shorted

7.06% of the float of Skyworks Solutions has been sold short.

Short Interest Ratio / Days to Cover

Skyworks Solutions has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Skyworks Solutions has recently increased by 12.29%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.80

News Sentiment

Skyworks Solutions has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Skyworks Solutions this week, compared to 10 articles on an average week.

Search Interest

Only 16 people have searched for SWKS on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.

MarketBeat Follows

Only 11 people have added Skyworks Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Skyworks Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,083,803.00 in company stock.

Percentage Held by Insiders

Only 0.34% of the stock of Skyworks Solutions is held by insiders.

Percentage Held by Institutions

85.43% of the stock of Skyworks Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SWKS Stock Analysis - Frequently Asked Questions

How have SWKS shares performed this year?

Skyworks Solutions' stock was trading at $112.42 at the beginning of the year. Since then, SWKS stock has decreased by 21.1% and is now trading at $88.75.
View the best growth stocks for 2024 here.

How were Skyworks Solutions' earnings last quarter?

Skyworks Solutions, Inc. (NASDAQ:SWKS) announced its quarterly earnings results on Tuesday, November, 12th. The semiconductor manufacturer reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.03. The firm's revenue for the quarter was down 15.9% on a year-over-year basis.
Read the conference call transcript.

Is Skyworks Solutions doing a stock buyback?

Skyworks Solutions' Board of Directors initiated a stock buyback program on Monday, February 6th 2023, which authorizes the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 11.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

Does Skyworks Solutions have any subsidiaries?

Skyworks Solutions subsidiaries include these companies: Silicon Laboratories, Avnera, Quantance, SiGe Semiconductor, Advanced Analogic Technologies, Axiom Microdevices, Alpha Industries, and others.

Who are Skyworks Solutions' major shareholders?

Top institutional shareholders of Skyworks Solutions include State Street Corp (4.84%), Charles Schwab Investment Management Inc. (3.02%), Geode Capital Management LLC (2.59%) and Pzena Investment Management LLC (2.56%). Insiders that own company stock include Liam Griffin, Kris Sennesael, Robert A Schriesheim, Kevin L Beebe, Carlos S Bori, Reza Kasnavi, Karilee A Durham, Robert John Terry and Philip Matthew Carter.
View institutional ownership trends.

How do I buy shares of Skyworks Solutions?

Shares of SWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Skyworks Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Skyworks Solutions investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Salesforce (CRM), Broadcom (AVGO) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 11/12/2024
• Ex-Dividend for 12/24 Dividend: 12/03/2024
• Today: 12/22/2024
• Dividend Payable: 12/24/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:SWKS
• CUSIP: 83088M10
• CIK: 4127
• Web: www.skyworksinc.com
• Phone: (949) 231-3000
• Fax: 302-655-5049
• Employees: 10,100
• Year Founded: 2002

Price Target and Rating

• Average Stock Price Target: $101.00
• High Stock Price Target: $130.00
• Low Stock Price Target: $72.00
• Potential Upside/Downside: +13.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.09
• Research Coverage: 22 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.70
• Trailing P/E Ratio: 23.99
• Forward P/E Ratio: 19.94
• P/E Growth: 2.01
• Net Income: $596 million
• Net Margins: 14.27%
• Pretax Margin: 15.23%
• Return on Equity: 13.71%
• Return on Assets: 10.48%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 5.54
• Quick Ratio: 4.24

Sales & Book Value

• Annual Sales: $4.18 billion
• Price / Sales: 3.40
• Cash Flow: $8.04 per share
• Price / Cash Flow: 11.04
• Book Value: $39.67 per share
• Price / Book: 2.24

Miscellaneous

• Outstanding Shares: 159,921,000
• Free Float: 159,377,000
• Market Cap: $14.19 billion
• Optionable: Optionable
• Beta: 1.19