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Main » Skyworks Solutions Inc (SWKS) Earns "Buy" Rating from Charter Equity

Skyworks Solutions Inc (SWKS) Earns "Buy" Rating from Charter Equity

20 March 2017

Latest closing price was -1.59% below its 50-day moving average and -6.86% below its 200-day moving average. The stock has a market capitalization of $18.14 billion, a price-to-earnings ratio of 20.76 and a beta of 0.88. (NASDAQ:SWKS) plummeted -0.18% to $97.93.

A total of 22 analysts have released a report on Skyworks Solutions Inc. The semiconductor manufacturer reported $1.61 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.58 by $0.03.

Skyworks Solutions Inc (NASDAQ:SWKS)'s stock had its "buy" rating reaffirmed by stock analysts at Charter Equity in a research report issued on Monday. Finally, Brean Capital lifted their price target on Skyworks Solutions to $95.00 in a research note on Friday, January 20th. Stock exchanged hands with the total volume of 2.42 Million shares, as contrast to its average volume of 2.04 Million shares. The company's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter past year, the business posted $1.60 EPS. The price to book ratio of the company for the most recent quarter is 4.88. Investors of record on Thursday, February 2nd were issued a $0.28 dividend. The median estimate represents a 1.93% increase from the last price. The ex-dividend date was Tuesday, January 31st.

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In the liquidity ratio analysis; quick ratio for most recent quarter was 5.90 while current ratio for time period was 7.20.

In other Skyworks Solutions news, insider Liam Griffin sold 31,250 shares of the stock in a transaction dated Friday, January 20th. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

In the transaction dated January 20, 2017, the great number of shares disposed came courtesy the President and CEO; GRIFFIN LIAM disposed a total of 31,250 shares at an average price of $85, amounting to approximately $2,656,250. The disclosure for this sale can be found here. Also, insider Peter L. Gammel sold 1,500 shares of the company's stock in a transaction that occurred on Tuesday, January 17th. The company's shares were given away at $91.25 per share worth to an income of some $5,018,750 on account of ALDRICH DAVID J. The number of shares now owned by investors are 184.8 mln. Oppenheimer & Co. Inc. boosted its stake in shares of Skyworks Solutions by 8.3% in the third quarter. Korea Investment CORP now owns 356,600 shares of the semiconductor manufacturer's stock worth $27,152,000 after buying an additional 332,400 shares during the period. Investment Counselors of Maryland LLC acquired a new position in shares of Skyworks Solutions during the third quarter valued at $102,000. Oregon Public Employees Retirement Fund increased its position in Skyworks Solutions by 30.0% in the third quarter. Kistler Tiffany Companies LLC now owns 1,525 shares of the semiconductor manufacturer's stock valued at $116,000 after buying an additional 1,000 shares during the last quarter.

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Guess?, Inc. (GES) declared that the Company will be presenting at the 9th Annual Telsey Advisory Group Consumer Conference at the InterContinental Hotel Times Square in New York City, NY on Tuesday, March 21, 2017 at 2:05 p.m. New England Research & Management Inc. now owns 5,950 shares of the semiconductor manufacturer's stock worth $453,000 after buying an additional 50 shares in the last quarter.

Skyworks Solutions, the industrys leading wireless semiconductor company focused on radio frequency (RF) and complete semiconductor system solutions for mobile communications applications.

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Skyworks Solutions Inc (SWKS) Earns