Skyworks Solutions (NASDAQ:SWKS) Updates Q1 Earnings Guidance

Skyworks Solutions (NASDAQ:SWKS) updated its first quarter earnings guidance on Tuesday. The company provided EPS guidance of $1.57 for the period, compared to the consensus EPS estimate of $1.71. The company issued revenue guidance of $1.05-$1.08 billion, compared to the consensus revenue estimate of $1.09 billion. Skyworks Solutions also updated its Q1 2025 guidance to 1.570-1.570 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Rosenblatt Securities upped their price target on Skyworks Solutions from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Barclays downgraded Skyworks Solutions from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $115.00 to $87.00 in a research report on Thursday, October 10th. Bank of America upped their price target on Skyworks Solutions from $95.00 to $110.00 and gave the company an “underperform” rating in a research report on Wednesday, July 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, July 31st. Finally, Susquehanna lowered their price objective on Skyworks Solutions from $125.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $108.94.

Skyworks Solutions Price Performance

Shares of NASDAQ:SWKS opened at $87.04 on Wednesday. Skyworks Solutions has a 1-year low of $85.99 and a 1-year high of $120.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.75 and a quick ratio of 4.29. The company has a market capitalization of $13.90 billion, a P/E ratio of 17.95, a P/E/G ratio of 3.99 and a beta of 1.21. The firm’s 50 day simple moving average is $96.17 and its two-hundred day simple moving average is $100.61.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, December 3rd will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.22%. Skyworks Solutions’s dividend payout ratio is presently 57.73%.

Insider Buying and Selling at Skyworks Solutions

In related news, SVP Robert John Terry sold 1,821 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $90.16, for a total transaction of $164,181.36. Following the completion of the transaction, the senior vice president now directly owns 24,567 shares of the company’s stock, valued at approximately $2,214,960.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, SVP Robert John Terry sold 1,821 shares of Skyworks Solutions stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $90.16, for a total value of $164,181.36. Following the completion of the transaction, the senior vice president now owns 24,567 shares in the company, valued at approximately $2,214,960.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Carlos S. Bori sold 10,177 shares of the stock in a transaction on Monday, October 14th. The shares were sold at an average price of $97.63, for a total value of $993,580.51. Following the sale, the senior vice president now owns 27,026 shares in the company, valued at $2,638,548.38. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,162 shares of company stock valued at $2,306,291 in the last three months. 0.35% of the stock is currently owned by corporate insiders.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.