Somewhat Positive News Coverage Somewhat Unlikely to Affect Skyworks Solutions (SWKS) Share Price
Press coverage about Skyworks Solutions (NASDAQ:SWKS) has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Skyworks Solutions earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the semiconductor manufacturer an impact score of 45.5151442265162 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Skyworks Solutions (SWKS) Given New $88.00 Price Target at Morgan Stanley (americanbankingnews.com)
- The Stock on Analysts Watch-List: Skyworks Solutions, Inc. (SWKS) – Wall Street Morning (wallstreetmorning.com)
- Notable Tuesday Option Activity: TWX, COST, SWKS (nasdaq.com)
- Why Qualcomm May Have To Pay 20% or More For NXP (finance.yahoo.com)
- 6 Stocks With Negative Performances (finance.yahoo.com)
A number of equities analysts have commented on SWKS shares. BidaskClub raised shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Zacks Investment Research downgraded shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Vetr raised shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating and set a $113.85 price objective for the company in a report on Monday, August 21st. KeyCorp reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Skyworks Solutions in a report on Friday, September 1st. Finally, Citigroup raised shares of Skyworks Solutions from a “sell” rating to a “buy” rating and set a $125.00 price objective for the company in a report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $116.56.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Monday, November 20th. Skyworks Solutions’s dividend payout ratio is currently 23.66%.
In other Skyworks Solutions news, Chairman David J. Aldrich sold 45,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $110.08, for a total value of $4,953,600.00. Following the sale, the chairman now directly owns 184,842 shares in the company, valued at $20,347,407.36. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Carlos S. Bori sold 2,151 shares of the business’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $107.20, for a total transaction of $230,587.20. Following the completion of the sale, the senior vice president now owns 9,372 shares in the company, valued at $1,004,678.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 150,275 shares of company stock worth $16,223,522. Company insiders own 0.49% of the company’s stock.
Skyworks Solutions Company Profile
Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.
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