Analyst’s mean target price for Qorvo, Inc. The median 12-month price target of 23 analysts covering the company is $82.00, which suggests the stock could still gain more than 9 percent.
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Several large investors have modified their holdings of SWKS.
On 8/17/2016, Vetr Inc. released a statement about Skyworks Solutions Inc (NASDAQ:SWKS) bumped the target price from $0.00 to $72.91. Average volume for Skyworks Solutions Inc., is 2693.69, and so far today it has a volume of 1508800.
To help you determine whether Skyworks Solutions Inc. Fifth Third Bancorp raised its stake in shares of Skyworks Solutions by 1.3% in the fourth quarter. Finally, Price T Rowe Associates Inc. This insider holds 63,188 shares with a market value around $4715089 as of recent close. Price T Rowe Associates Inc. Analysts are projecting that the company will report earnings per share of $3.12 for next quarter.
Skyworks Solutions Inc (NASDAQ:SWKS) stock is now trading at about $74.62 and lots of rating firms seem to have a target price set on the stock. 4,263,577 shares of the stock were exchanged. Performance year to date since the 9/7/1984 is -1.64%.
Skyworks Solutions, Inc. has a 50 day moving average of 69.55 and a 200 day moving average of 68.86. The corporation has a market capitalization of US$14.08 Billion. The reported earnings missed the analyst’s consensus by $0.00 with the surprise factor of 0.00%. The business earned $751.70 million during the quarter, compared to analysts’ expectations of $750.22 million. It has a dividend yield of 1.53%.
A number of other research analysts have also weighed in on SWKS.
05/25/2016 – Skyworks Solutions, Inc. had its “underperform” rating reiterated by analysts at Credit Agricole.
04/29/2016 – Skyworks Solutions, Inc. had its “buy” rating reiterated by analysts at Canaccord Genuity.
06/27/2016 – Morgan Stanley began new coverage on Skyworks Solutions, Inc. giving the company a “underweight” rating.
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Analysts’ mean recommendation for Skyworks Solutions Inc.’s (SWKS) stands at 2.20. “Looking over the SWKS ranking chart, the SWKS got 15 analysts recommendation as a Buy security in previous month pool in contrast with 15” Analysts gave buy ratings at this month. The company now has an average rating of “Buy” and an average target price of $84.83. Following the completion of the transaction, the insider is left with a stake of 34,947 shares, amounting $2607745. The stocks closing price on Thursday was $75.09. They now have a Dollars 90 price target on the stock. The disclosure for this sale can be found here. Skyworks Solutions Inc.is in the Semiconductor – Integrated Circuits industry and Technology sector. The Firm supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System, 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.
