Skyworks Solutions (SWKS) Earning Somewhat Favorable Media Coverage, Study Shows

News articles about Skyworks Solutions (NASDAQ:SWKS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Skyworks Solutions earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the semiconductor manufacturer an impact score of 45.6829110938572 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment’s analysis:

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Several brokerages recently commented on SWKS. Standpoint Research raised Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, February 27th. ValuEngine raised Skyworks Solutions from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Vetr lowered Skyworks Solutions from a “sell” rating to a “strong sell” rating and set a $91.21 price target on the stock. in a research note on Wednesday, February 7th. BidaskClub raised Skyworks Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, February 13th. Finally, B. Riley decreased their price target on Skyworks Solutions from $131.00 to $128.00 and set a “buy” rating on the stock in a research note on Tuesday, February 6th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-two have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $116.89.



Shares of SWKS stock traded down $2.70 on Friday, reaching $91.18. 5,078,565 shares of the stock were exchanged, compared to its average volume of 1,727,458. The company has a market cap of $17,101.69, a P/E ratio of 15.25, a PEG ratio of 0.93 and a beta of 0.63. Skyworks Solutions has a one year low of $90.38 and a one year high of $117.65.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Monday, February 5th. The semiconductor manufacturer reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.09. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. Skyworks Solutions had a return on equity of 30.21% and a net margin of 21.72%. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.61 earnings per share. analysts predict that Skyworks Solutions will post 6.67 EPS for the current year.

Skyworks Solutions announced that its board has authorized a share repurchase program on Monday, February 5th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the semiconductor manufacturer to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

In related news, insider David J. Aldrich sold 35,000 shares of Skyworks Solutions stock in a transaction on Friday, March 9th. The stock was sold at an average price of $113.03, for a total transaction of $3,956,050.00. Following the completion of the sale, the insider now directly owns 177,252 shares of the company’s stock, valued at $20,034,793.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Peter L. Gammel sold 9,000 shares of Skyworks Solutions stock in a transaction on Thursday, April 12th. The stock was sold at an average price of $99.19, for a total value of $892,710.00. Following the sale, the insider now directly owns 21,420 shares of the company’s stock, valued at $2,124,649.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 97,250 shares of company stock valued at $10,523,768. 0.47% of the stock is currently owned by corporate insiders.

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Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide. Its product portfolio includes amplifiers, attenuators, circulators/isolators, 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, voltage controlled oscillators/synthesizers, and voltage regulators.

Insider Buying and Selling by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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