A number of firms have modified their ratings and price targets on shares of Skyworks Solutions (NASDAQ: SWKS) recently:

  • 9/21/2016 – Skyworks Solutions had its “buy” rating reaffirmed by analysts at Brean Capital.
  • 9/16/2016 – Skyworks Solutions had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $100.00 price target on the stock.
  • 9/15/2016 – Skyworks Solutions had its “equal weight” rating reaffirmed by analysts at Pacific Crest.
  • 9/15/2016 – Skyworks Solutions was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $77.08 price target on the stock.
  • 9/13/2016 – Skyworks Solutions had its “buy” rating reaffirmed by analysts at Brean Capital.
  • 9/12/2016 – Skyworks Solutions was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $76.56 price target on the stock.
  • 9/6/2016 – Skyworks Solutions was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $76.56 price target on the stock.
  • 8/31/2016 – Skyworks Solutions had its “neutral” rating reaffirmed by analysts at Mizuho. They now have a $68.00 price target on the stock.
  • 8/30/2016 – Skyworks Solutions had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $90.00 price target on the stock.
  • 8/29/2016 – Skyworks Solutions had its “equal weight” rating reaffirmed by analysts at Pacific Crest. They now have a $82.50 price target on the stock.
  • 8/17/2016 – Skyworks Solutions was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $72.91 price target on the stock.
  • 8/9/2016 – Skyworks Solutions was upgraded by analysts at Credit Agricole SA from an “underperform” rating to an “outperform” rating. They now have a $77.00 price target on the stock, up previously from $73.00.
  • 7/25/2016 – Skyworks Solutions had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $93.00 price target on the stock.
  • 7/25/2016 – Skyworks Solutions was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $72.24 price target on the stock.
  • 7/25/2016 – Skyworks Solutions had its “equal weight” rating reaffirmed by analysts at Pacific Crest. They now have a $70.00 price target on the stock.
  • 7/25/2016 – Skyworks Solutions had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $73.00 price target on the stock.
  • 7/24/2016 – Skyworks Solutions had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $90.00 price target on the stock.

Skyworks Solutions Inc. (NASDAQ:SWKS) traded up 1.35% during mid-day trading on Wednesday, hitting $76.74. The company had a trading volume of 2,548,728 shares. Skyworks Solutions Inc. has a 52-week low of $54.50 and a 52-week high of $89.72. The company has a market capitalization of $14.39 billion, a P/E ratio of 15.20 and a beta of 1.15. The company has a 50-day moving average price of $71.14 and a 200 day moving average price of $69.27.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Thursday, July 21st. The semiconductor manufacturer reported $1.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.03. Skyworks Solutions had a return on equity of 29.31% and a net margin of 29.32%. The firm earned $751.70 million during the quarter, compared to the consensus estimate of $750.22 million. On average, analysts forecast that Skyworks Solutions Inc. will post $5.53 EPS for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 25th. Investors of record on Thursday, August 4th were paid a $0.28 dividend. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.26. This represents a $1.12 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend was Tuesday, August 2nd. Skyworks Solutions’s dividend payout ratio is currently 22.18%.

In related news, Chairman David J. Aldrich sold 15,000 shares of the stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of $59.46, for a total value of $891,900.00. Following the completion of the transaction, the chairman now directly owns 140,327 shares of the company’s stock, valued at approximately $8,343,843.42. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Laura A. Gasparini sold 2,650 shares of the stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $74.84, for a total value of $198,326.00. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

Skyworks Solutions Inc is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Company’s portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics.

5 Day Chart for NASDAQ:SWKS

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