Analysts See $1.78 EPS for Skyworks Solutions, Inc. (SWKS)

October 13, 2018 - By Ash

Skyworks Solutions, Inc. (NASDAQ:SWKS) LogoInvestors sentiment decreased to 0.76 in 2018 Q2. Its down 0.01, from 0.77 in 2018Q1. It turned negative, as 55 investors sold Skyworks Solutions, Inc. shares while 229 reduced holdings. 54 funds opened positions while 162 raised stakes. 139.62 million shares or 0.72% less from 140.64 million shares in 2018Q1 were reported.
Gofen Glossberg Limited Liability Company Il invested 0.01% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems stated it has 0.02% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). First Trust Advsr Ltd Partnership holds 0.21% in Skyworks Solutions, Inc. (NASDAQ:SWKS) or 1.06 million shares. Moreover, Connors Investor has 1.64% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 121,078 shares. 125 were accumulated by First Manhattan. The Arizona-based Tci Wealth Advsrs has invested 0.02% in Skyworks Solutions, Inc. (NASDAQ:SWKS). Parkside National Bank Tru has invested 0.01% in Skyworks Solutions, Inc. (NASDAQ:SWKS). New York State Common Retirement Fund reported 364,200 shares. Twin Tree Mngmt L P holds 0.01% in Skyworks Solutions, Inc. (NASDAQ:SWKS) or 17,650 shares. Diversified Co has 16,547 shares for 0.1% of their portfolio. Choate Investment Advisors stated it has 0.11% of its portfolio in Skyworks Solutions, Inc. (NASDAQ:SWKS). Palouse Cap Mngmt Incorporated invested in 0.66% or 20,161 shares. Moreover, Aqr Management Limited Liability Com has 0.7% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) for 7.16 million shares. Retirement Of Alabama reported 85,535 shares stake. 24,463 were accumulated by B T Capital Management Dba Alpha Capital Management.

Since April 12, 2018, it had 0 insider buys, and 5 sales for $3.30 million activity. $234,506 worth of Skyworks Solutions, Inc. (NASDAQ:SWKS) shares were sold by KING CHRISTINE. The insider GAMMEL PETER L sold $892,692.

Analysts expect Skyworks Solutions, Inc. (NASDAQ:SWKS) to report $1.78 EPS on November, 5.They anticipate $0.09 EPS change or 5.33 % from last quarter’s $1.69 EPS. SWKS’s profit would be $318.59M giving it 12.25 P/E if the $1.78 EPS is correct. After having $1.56 EPS previously, Skyworks Solutions, Inc.’s analysts see 14.10 % EPS growth. The stock increased 2.29% or $1.95 during the last trading session, reaching $87.21. About 1.51M shares traded. Skyworks Solutions, Inc. (NASDAQ:SWKS) has declined 21.05% since October 13, 2017 and is downtrending. It has underperformed by 36.67% the S&P500.

Skyworks Solutions, Inc. (NASDAQ:SWKS) Ratings Coverage

Among 13 analysts covering Skyworks Solutions (NASDAQ:SWKS), 8 have Buy rating, 1 Sell and 4 Hold. Therefore 62% are positive. Skyworks Solutions had 15 analyst reports since April 24, 2018 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, May 1. Mizuho downgraded Skyworks Solutions, Inc. (NASDAQ:SWKS) on Tuesday, April 24 to “Neutral” rating. Morgan Stanley maintained the shares of SWKS in report on Monday, August 6 with “Underweight” rating. Morgan Stanley maintained the shares of SWKS in report on Friday, July 20 with “Underweight” rating. FBR Capital maintained it with “Buy” rating and $125 target in Friday, July 20 report. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, May 4. The stock of Skyworks Solutions, Inc. (NASDAQ:SWKS) has “Buy” rating given on Friday, May 4 by Craig Hallum. The rating was maintained by JP Morgan with “Neutral” on Tuesday, April 24. The stock of Skyworks Solutions, Inc. (NASDAQ:SWKS) earned “Buy” rating by Robert W. Baird on Wednesday, May 2. Morgan Stanley maintained it with “Underweight” rating and $79 target in Wednesday, October 3 report.

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, makes, and markets proprietary semiconductor products, including intellectual property worldwide. The company has market cap of $15.61 billion. The Company’s 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. It has a 17.61 P/E ratio. The firm provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications.

Another recent and important Skyworks Solutions, Inc. (NASDAQ:SWKS) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Skyworks Solutions, Radius Health, Novanta, Flowers Foods, Rexford …” on October 09, 2018.

Skyworks Solutions, Inc. (NASDAQ:SWKS) Institutional Positions Chart

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