News coverage about Skyworks Solutions (NASDAQ:SWKS) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Skyworks Solutions earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the semiconductor manufacturer an impact score of 46.5036847531805 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- ETFs with exposure to Skyworks Solutions, Inc. : August 14, 2017 (finance.yahoo.com)
- 3 Key Takeaways From Skyworks Solutions’ Q3 Earnings (fool.com)
- Skyworks Solutions, Inc. (SWKS): Interesting Series Of Developments Taking Place – StockNewsGazette (stocknewsgazette.com)
- Are Either Skyworks Solutions, Inc. (NASDAQ:SWKS) or Microchip Technology Incorporated (NASDAQ:MCHP)Ready … – FLBC News (flbcnews.com)
- Keen Investors Taking a Look at Skyworks Solutions, Inc. (NASDAQ:SWKS) – FLBC News (flbcnews.com)
SWKS has been the topic of a number of recent analyst reports. Mizuho reissued a “buy” rating on shares of Skyworks Solutions in a research report on Friday, April 28th. Charter Equity reissued a “buy” rating on shares of Skyworks Solutions in a research report on Saturday, April 29th. Craig Hallum lifted their price target on shares of Skyworks Solutions from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, April 28th. Pacific Crest reissued an “overweight” rating on shares of Skyworks Solutions in a research report on Monday, April 24th. Finally, ValuEngine lowered shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Two analysts have rated the stock with a sell rating, five have given a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $110.43.
Shares of Skyworks Solutions (SWKS) traded up 0.31% during midday trading on Tuesday, hitting $105.80. 2,056,685 shares of the stock traded hands. The stock has a 50 day moving average of $102.74 and a 200 day moving average of $100.45. Skyworks Solutions has a 1-year low of $65.76 and a 1-year high of $112.11. The company has a market capitalization of $19.44 billion, a P/E ratio of 20.31 and a beta of 0.82.
Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Thursday, July 20th. The semiconductor manufacturer reported $1.57 EPS for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.05. Skyworks Solutions had a return on equity of 28.67% and a net margin of 27.86%. The company had revenue of $900.80 million for the quarter, compared to analysts’ expectations of $890.58 million. During the same quarter last year, the business earned $1.24 earnings per share. Skyworks Solutions’s revenue was up 19.8% on a year-over-year basis. Equities research analysts predict that Skyworks Solutions will post $6.39 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 29th. Investors of record on Tuesday, August 8th will be given a $0.32 dividend. The ex-dividend date is Friday, August 4th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.21%. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.28. Skyworks Solutions’s dividend payout ratio (DPR) is presently 24.57%.
In other Skyworks Solutions news, insider Liam Griffin sold 8,056 shares of Skyworks Solutions stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $105.31, for a total value of $848,377.36. Following the transaction, the insider now owns 54,310 shares in the company, valued at $5,719,386.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christine King sold 3,500 shares of Skyworks Solutions stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $108.84, for a total value of $380,940.00. Following the completion of the transaction, the director now owns 16,436 shares in the company, valued at approximately $1,788,894.24. The disclosure for this sale can be found here. 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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