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Skyworks Solutions Inc. Q2 Income Advances 8%

It suggests that the mean EPS target is $0.38.

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As per Zacks, yearly high EPS target for General Electric Company (NYSE:GE) is $0.51 and low EPS target is $0.48.

After taking a deeper look into the earnings, Piper Jaffray analyst Gene Munster reiterated a Neutral rating on the stock with a $4 price target, which implies an upside of 8% from current levels. Skyworks Solutions Inc are listed in the Technology sector within NASDAQ. Dumont & Blake Investment Advisors LLC boosted its position in shares of Skyworks Solutions by 0.5% in the fourth quarter. However, 1 analyst recommended “HOLD RATING” for the company. The stock presently has an average rating of “Buy” and a consensus price target of $93.18. Following the transaction, the chief executive officer now owns 230,327 shares of the company’s stock, valued at approximately $16,813,871. There are now 188,704,784 shares in issue with the average daily volume traded being 3,129,172. Skyworks Solutions has a 1-year low of $54.50 and a 1-year high of $112.88. Analysts’ estimates typically exclude special items. The firm has a market cap of $12.81 billion and a P/E ratio of 13.61. ( SWKS ) released a profit for its second quarter that increased from past year.

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Altria reaffirms its 2016 full-year adjusted diluted EPS guidance to be in a range of $3.00 to $3.05, representing a growth rate of 7% to 9% from an adjusted diluted EPS base of $2.80 in 2015. At least two other analysts rated Skyworks a buy over the weekend. It declared a cash dividend of $0.26 per share, payable on June 2 to stockholders of record at the close of business on May 12. Skyworks CEO, David Aldrich, shared more insights on the company’s quarterly results and stated, “Skyworks delivered solid financial results in the second fiscal quarter of 2016 driven by our increasing diversification and differentiated product portfolio”. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (NASDAQ:SWKS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Company’s products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.

Skyworks Solutions, Inc. (NASDAQ:SWKS) Yearly EPS Estimate At $1.43