A number of other analysts have also issued reports on SWKS.
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05/25/2016 – Skyworks Solutions, Inc. had its “underperform” rating reiterated by analysts at Credit Agricole. 4 analysts said “Hold” signal for the stock. Brean Capital reissued a “buy” rating on shares of Skyworks Solutions in a research note on Wednesday, June 15th.
CLSA is a brokerage house chasing shares of Skyworks Solutions Inc.
Skyworks Solutions Inc opened for trading at $74.79 and hit $75.19 on the upside on Thursday, eventually ending the session at $75.09, with a gain of 0.31% or 0.23 points. The company recent traded volume was higher than its average volume of 2.96 million shares. Vetr cut shares of Skyworks Solutions from a “strong-buy” rating to a “buy” rating and set a $70.16 price objective for the company.in a research note on Monday, July 11th. It has been assigned a low target price of $12 and a high target price of $12.5.
For the most recent quarter, Skyworks Solutions, Inc. (SWKS), have changed -1.29% and 69.03%, respectively.
Presently, Analysts decided consensus EPS estimate of $1.43 for present quarter and one month ago projected EPS estimate was at $1.43. The business earned $751.70 million during the quarter, compared to analysts’ expectations of $750.22 million.
Skyworks’ strengths such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins outweigh the fact that the company shows weak operating cash flow. Skyworks Solutions’s payout ratio is presently 22.18%. The heightened volatility saw the trading volume jump to 20,95,130 shares. The investment management firm now holds a total of 5,381,520 shares of Skyworks Solutions Inc which is valued at $363,414,046.Skyworks Solutions Inc makes up approximately 0.81% of Lazard Asset Management’s portfolio. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. They now have a United States dollars 68 price target on the stock. The company’s shares performance for the last one month was -11.64% and 3.68% in the previous week. The North Carolina-based Ncm Capital Advisers Inc. has invested 4.11% in the stock.
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A number of hedge funds have recently bought and sold shares of the company. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.26. Following the completion of the sale, the chairman now owns 150,327 shares in the company, valued at $10,014,784.74. Investment Centers of America Inc. increased its stake in Skyworks Solutions by 8.0% in the first quarter. (NASDAQ:CSIQ) has shown upward move of +0.17% and ended the last trade at $12.14. Norges Bank purchased a new position in shares of Skyworks Solutions during the fourth quarter valued at about $129,236,000. Calvert Investment Management Inc. increased its stake in Skyworks Solutions by 5.0% in the second quarter. Koshinski Asset Management Inc. now owns 6,769 shares of the semiconductor manufacturer’s stock valued at $527,000 after buying an additional 2,058 shares in the last quarter. Skyworks Solutions is once again today’s hottest stock. The Company supports automotive broadband wireless infrastructure energy management Global Positioning System (GPS) industrial medical military wireless networking smartphone and tablet applications. Its product portfolio includes amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, VCOS/synthesizers, and voltage regulators. Morgan Stanley initiated it with “Underweight” rating and $61 target price in a June 27 report.
