Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Consensus Rating of “Hold” from Brokerages

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) have received a consensus rating of “Hold” from the twenty-four research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $74.00.

A number of equities analysts have weighed in on the stock. Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a research report on Monday, July 27th. Mizuho lowered their target price on shares of Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating on the stock in a research note on Wednesday, July 29th. KeyCorp downgraded shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a report on Tuesday, July 14th. Bank of America reiterated an “underperform” rating and issued a $65.00 price target on shares of Skyworks Solutions in a research note on Wednesday, July 29th. Finally, TD Cowen decreased their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th.

Skyworks Solutions Stock Performance

Shares of NASDAQ SWKS opened at $65.79 on Monday. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average price is $64.91 and its 200-day moving average price is $64.14. Skyworks Solutions has a 52-week low of $51.93 and a 52-week high of $90.90. The company has a market cap of $9.90 billion, a PE ratio of 34.09 and a beta of 1.51.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same period last year, the firm earned $1.33 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, analysts anticipate that Skyworks Solutions will post 3.64 EPS for the current year.

Institutional Trading of Skyworks Solutions

Several institutional investors have recently made changes to their positions in the business. United Services Automobile Association bought a new position in Skyworks Solutions in the 1st quarter worth approximately $236,000. Focus Partners Wealth raised its position in shares of Skyworks Solutions by 99.0% during the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after buying an additional 4,702 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Skyworks Solutions by 137.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock worth $171,000 after buying an additional 1,330 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Skyworks Solutions in the second quarter worth $259,000. Finally, Gabelli Funds LLC bought a new position in shares of Skyworks Solutions during the second quarter worth $1,004,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

About Skyworks Solutions

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.