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Skyworks Solutions (SWKS) Stock Price, News & Analysis

Skyworks Solutions logo
$88.75 +0.49 (+0.56%)
(As of 12/20/2024 05:45 PM ET)

About Skyworks Solutions Stock (NASDAQ:SWKS)

Key Stats

Today's Range
$87.33
$90.14
50-Day Range
$83.18
$99.15
52-Week Range
$82.13
$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

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.

Skyworks Solutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

SWKS 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.

  • 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.

  • Read more about Skyworks Solutions' stock forecast and price target.
  • 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 113.36.

  • 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 238.11.

  • 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.

  • 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 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.

  • Read more about Skyworks Solutions' dividend.
  • 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 Sentiment

    Skyworks Solutions has a news sentiment score of 1.01. 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 17 people have searched for SWKS on MarketBeat in the last 30 days. This is a decrease of -35% 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.
  • 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.

  • Read more about Skyworks Solutions' insider trading history.
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SWKS Stock News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Mizuho Securities Reaffirms Their Buy Rating on Skyworks Solutions (SWKS)
Barclays Reaffirms Their Sell Rating on Skyworks Solutions (SWKS)
See More Headlines

SWKS Stock Analysis - Frequently Asked Questions

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

Skyworks Solutions, Inc. (NASDAQ:SWKS) released its earnings results on Tuesday, November, 12th. The semiconductor manufacturer reported $1.55 EPS for the quarter, beating the consensus estimate of $1.52 by $0.03. Skyworks Solutions's quarterly revenue was down 15.9% compared to the same quarter last year.
Read the conference call transcript
.

Skyworks Solutions' Board of Directors authorized a share buyback plan on Monday, February 6th 2023, which allows the company to repurchase $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 11.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

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

Skyworks Solutions' top institutional shareholders 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
.

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.

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
12/21/2024
Dividend Payable
12/24/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SWKS
CUSIP
83088M10
CIK
4127
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

Net Income
$596 million
Pretax Margin
15.23%

Debt

Sales & Book Value

Annual Sales
$4.18 billion
Cash Flow
$8.04 per share
Book Value
$39.67 per share

Miscellaneous

Free Float
159,377,000
Market Cap
$14.19 billion
Optionable
Optionable
Beta
1.19

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This page (NASDAQ:SWKS) was last updated on 12/21/2024 by MarketBeat.com Staff
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