Skyworks Solutions (NASDAQ:SWKS) is scheduled to announce its earnings results after the market closes on Monday, February 5th. Analysts expect the company to announce earnings of $1.91 per share for the quarter. Skyworks Solutions has set its Q1 guidance at $1.91 EPS.
Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings data on Monday, November 6th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.05. The business had revenue of $984.60 million for the quarter, compared to analysts’ expectations of $980.58 million. Skyworks Solutions had a return on equity of 29.17% and a net margin of 27.67%. On average, analysts expect Skyworks Solutions to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of Skyworks Solutions (NASDAQ:SWKS) opened at $97.35 on Monday. The stock has a market capitalization of $17,890.00, a price-to-earnings ratio of 17.99, a PEG ratio of 0.98 and a beta of 0.83. Skyworks Solutions has a 52 week low of $90.06 and a 52 week high of $117.65.
A number of research firms have weighed in on SWKS. BidaskClub cut Skyworks Solutions from a “hold” rating to a “sell” rating in a research note on Friday. Canaccord Genuity restated a “buy” rating and issued a $115.00 price target on shares of Skyworks Solutions in a research note on Wednesday, January 24th. Vetr cut Skyworks Solutions from a “buy” rating to a “hold” rating and set a $105.96 price target on the stock. in a research note on Wednesday, January 17th. Zacks Investment Research cut Skyworks Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $115.00 price target on shares of Skyworks Solutions in a research note on Wednesday, December 27th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $116.42.
About Skyworks Solutions
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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