Craig Hallum Issues Pessimistic Forecast for Skyworks Solutions (NASDAQ:SWKS) Stock Price

Skyworks Solutions (NASDAQ:SWKS) had its price target decreased by Craig Hallum from $85.00 to $75.00 in a research note issued on Wednesday, Marketbeat.com reports. The firm currently has a “buy” rating on the semiconductor manufacturer’s stock. Craig Hallum’s price target would indicate a potential upside of 34.10% from the company’s current price.

Several other equities research analysts have also recently weighed in on SWKS. Stifel Nicolaus set a $72.00 price objective on shares of Skyworks Solutions in a research report on Wednesday, November 5th. Mizuho decreased their price target on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Wall Street Zen downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. BNP Paribas Exane decreased their target price on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, January 21st. Finally, B. Riley lowered their target price on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $75.63.

Skyworks Solutions Stock Down 1.6%

Shares of SWKS opened at $55.93 on Wednesday. The stock’s 50-day moving average price is $62.93 and its two-hundred day moving average price is $69.61. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $90.90. The company has a market capitalization of $8.39 billion, a PE ratio of 18.22 and a beta of 1.33. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The business had revenue of $1.10 billion during the quarter. During the same period in the prior year, the company posted $1.55 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the transaction, the executive vice president directly owned 26,087 shares in the company, valued at $1,624,176.62. This trade represents a 21.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the sale, the senior vice president owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is owned by company insiders.

Hedge Funds Weigh In On Skyworks Solutions

Several large investors have recently added to or reduced their stakes in SWKS. NewEdge Wealth LLC bought a new stake in Skyworks Solutions during the 4th quarter worth approximately $277,000. Drucker Wealth 3.0 LLC purchased a new stake in Skyworks Solutions in the 4th quarter valued at $482,000. Crossmark Global Holdings Inc. lifted its stake in Skyworks Solutions by 13.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 21,689 shares of the semiconductor manufacturer’s stock valued at $1,375,000 after acquiring an additional 2,526 shares in the last quarter. International Assets Investment Management LLC bought a new position in Skyworks Solutions during the 4th quarter valued at $72,000. Finally, Crestwood Advisors Group LLC boosted its holdings in Skyworks Solutions by 30.6% during the 4th quarter. Crestwood Advisors Group LLC now owns 4,548 shares of the semiconductor manufacturer’s stock worth $288,000 after acquiring an additional 1,065 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

Trending Headlines about Skyworks Solutions

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Q1 earnings and revenue topped estimates: EPS $1.54 vs. consensus $1.40 and revenue $1.04B vs. $999M consensus, signaling near-term outperformance. MarketBeat Q1 Results
• Positive Sentiment: Management raised Q2 guidance well above Street forecasts — EPS guidance of $1.04 vs. consensus ~$0.82 and revenue guidance $875–925M vs. ~$866M — citing stronger 5G-driven demand for Skyworks’ RF chips. Reuters: Guidance, 5G Demand
• Positive Sentiment: Board approved a quarterly dividend of $0.71 per share (annualized ~$2.84), implying roughly a 5.1% yield; ex-dividend date and record date Feb 24, payable Mar 17 — supports total-return interest for income investors.
• Neutral Sentiment: Investor and media coverage / earnings assessments and the full earnings call transcript are available for detail on product mix and channel commentary; useful for dissecting sustainability of the beat. Earnings Call Transcript
• Negative Sentiment: Morgan Stanley cut its price target from $89 to $68 and moved to an “equal weight” rating, signaling reduced near-to-medium-term upside in analyst models and adding selling pressure. Benzinga: MS Cut
• Negative Sentiment: Management and press noted higher inventory levels, which could indicate channel build or softer near-term sell-through and may pressure margins or future orders if not digested. MSN: Inventory Rise
• Negative Sentiment: On a year-over-year basis, revenue and EPS remain below last year (revenue down ~3.1% YoY; EPS lower than prior-year period), a reminder that beat vs. estimates does not equal cyclical recovery across all end markets. Zacks: Q1 Results

Skyworks Solutions Company Profile

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.