Skyworks Solutions (SWKS) Expected to Announce Earnings on Tuesday

Skyworks Solutions (NASDAQ:SWKS) is expected to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Skyworks Solutions to post earnings of $1.57 per share for the quarter. Skyworks Solutions has set its Q1 guidance at $1.57 EPS and its Q1 2025 guidance at 1.570-1.570 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 12th. The semiconductor manufacturer reported $1.55 EPS for the quarter, beating the consensus estimate of $1.52 by $0.03. Skyworks Solutions had a return on equity of 13.71% and a net margin of 14.27%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the business earned $1.95 earnings per share. The firm’s revenue for the quarter was down 15.9% on a year-over-year basis. On average, analysts expect Skyworks Solutions to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Skyworks Solutions Stock Down 1.8 %

NASDAQ SWKS opened at $89.59 on Tuesday. The company has a current ratio of 5.54, a quick ratio of 4.24 and a debt-to-equity ratio of 0.16. Skyworks Solutions has a 1-year low of $82.13 and a 1-year high of $120.86. The company has a market cap of $14.33 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 2.03 and a beta of 1.15. The company has a 50 day moving average of $89.43 and a 200-day moving average of $96.97.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 3rd were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend was Tuesday, December 3rd. Skyworks Solutions’s payout ratio is 75.68%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SWKS. Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, November 13th. Barclays dropped their target price on Skyworks Solutions from $80.00 to $70.00 and set an “underweight” rating for the company in a research report on Friday, January 17th. Loop Capital initiated coverage on Skyworks Solutions in a research note on Monday, November 11th. They issued a “hold” rating and a $90.00 price objective for the company. Susquehanna reduced their target price on shares of Skyworks Solutions from $110.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, November 13th. Finally, Craig Hallum lowered their target price on Skyworks Solutions from $140.00 to $105.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $101.12.

Insider Activity

In other Skyworks Solutions news, SVP Robert John Terry sold 1,821 shares of the firm’s stock in a transaction on 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 sale, the senior vice president now directly owns 24,567 shares of the company’s stock, valued at $2,214,960.72. This trade represents a 6.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.34% 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.