Analyst expected twelve month price target of $83.00.
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Skyworks Solutions Inc.’s (SWKS) price volatility for a month noted as 3.06% however its price volatility for a week documented as 2.99%.
Skyworks continues to gain market share despite intense competition due to the company’s higher quality and environmentally friendly products. Skyworks Solutions has a 52-week low of $54.50 and a 52-week high of $97.22. The stock is now holding above its 50 day moving average of $0.11 and above its 200 day moving average of $64.9.
Skyworks’ 13.0 price-to-earnings ratio; the company’s PEG ratio of 0.68 is attractive.
Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Thursday, July 21st.
Skyworks Solutions Inc. (NASDAQ:SWKS) reported Q3 EPS of $1.24, $0.03 better than the analyst estimate of $1.21. The company earned $751.70 million during the quarter, compared to the consensus estimate of $750.22 million.
For the company’s fiscal 2016 year, which ends on September 30, analysts anticipate earnings growth of 5% to $5.53 per share, and another 11% in fiscal 2017 to $6.13. Shareholders of record on Thursday, August 4th will be given a $0.28 dividend.
Skyworks Solutions Inc.is engaged in the production of analog semiconductors. This represents a $1.12 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Tuesday, August 2nd. The stock’s average target of $92.47 is 38.10% above today’s ($66.96) share price. Following the transaction, the Executive Chairman is left with a stake of 144,779 shares, now valued at $9383127. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Most recent session’s volume of 1.33 million shares lower than its average volume of 1.53 million shares. 1 analysts have rated the company as a “Hold”. The disclosure for this sale can be found here. The Hedge Fund company now holds 5,898 shares of SWKS which is valued at $385,434.
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07/22/2016 – Skyworks Solutions, Inc. had its “buy” rating reiterated by analysts at Needham & Company.
The High price target of the company’s Share is at $130 based on the calculations and analysis of 23 brokers. Marshall Wace LLP raised its stake in Skyworks Solutions by 32.3% in the fourth quarter.
Yahoo! Inc. (NASDAQ:YHOO) traded 11.27 Million shares on last trading day with closing price of $39.38. Burney Co. raised its stake in Skyworks Solutions by 22.0% in the fourth quarter. Wellington Management Group LLP now owns 6,231,589 shares of the semiconductor manufacturer’s stock valued at $485,441,000 after buying an additional 4,286,283 shares during the last quarter. South Dakota Investment Council raised its stake in Skyworks Solutions by 105.3% in the fourth quarter.
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By looking at Skyworks Solutions Inc. Mazama Capital Management Inc. now owns 120,975 shares of the semiconductor manufacturer’s stock valued at $9,295,000 after buying an additional 41,894 shares during the last quarter. The Firm supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System, industrial, medical, military, wireless networking, smartphone and tablet applications.
