Analyst Estimates

Analysts Speculate on: Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc (NASDAQ:SWKS) plunged -3.26% during previous trade, a total of 4.75M shares exchanged hands compared with its average trading volume of 2.42M shares whereas its relative volume is 1.73. The stock has a market capitalization of $14.70B along with 185.81M outstanding shares. Stock’s intraday price range hit the peak level of $81.04 and touched the lowest level of $76.65.

Most recently Skyworks Solutions Inc (NASDAQ:SWKS)’s price target was revised on 12/03/16 and according to 24 analysts stock’s price will reach at $86.17 during 52 weeks with standard deviation of 10.87. Stock’s minimum price target estimates has been figured out at $61 while the maximum price target forecast is established at $130, if we look at the price target with an optimistic approach it has upside potential of 63% from its latest closing price of $76.93.

Historically, if we look at price target revisions, two weeks ago Skyworks Solutions Inc (NASDAQ:SWKS)’s price target was revised on 11/17/16 by the analysts, however the bullish price estimates of the stock set at $100 while the bearish estimates kept at $61 over the next one year. Stock’s 52-week target was retained at $84.7, the estimates indicates a standard deviation of 10.87.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.82. ABR value is precisely based on brokerage recommendations, where out of 20 brokerage recommendations 11 rate Skyworks Solutions Inc (NASDAQ:SWKS) stock a Strong Buy, 3 rate the stocks of the company a Buy, 5 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 10/4/16 the stock of Skyworks Solutions Inc (NASDAQ:SWKS) upgraded by Charter Equity from Mkt Perform to Buy. However previously on 8/9/16 it was upgraded by CLSA from Underperform to Outperform. A research note issued on 7/5/16 the stock was downgraded by Pacific Crest from Overweight to Sector Weight.

Skyworks Solutions Inc (NASDAQ:SWKS) performance over the past one year plunged -7.88% whereas its year to date (YTD) performance indicated a bullish trend of 1.79%. During the last six months the stock climbed 19.38%. Quarterly performance of the company shows optimistic momentum of 13% while its last one month trend is negative with -0.56%. Stock’s weekly performance expressed up trend of 4.90%.

The company’s price sits 0.25% above from its 50-day moving average of $76.66 and 8.55% far from the stock’s 200-day moving average which is $71.34. Skyworks Solutions Inc (NASDAQ:SWKS)’s shares are currently trading -9.84% away from the 52-week high price of $85.33 and +42.87% far from the 52-week low price of $53.85.

According to consensus agreement of 22 analysts Skyworks Solutions Inc (NASDAQ:SWKS) will report earnings per share of $1.58 in their quarterly report and it is expected to announce the company’s results on 1/26/17. For the current quarter the company has high EPS estimates of $1.6 in contradiction of low EPS estimates of $1.58. However a year ago for the same quarter the company has reported $1.6 EPS. Current year EPS projections for Skyworks Solutions Inc (NASDAQ:SWKS) set at $6.18 according to the sentiments of 24 analysts, while its lowest earnings estimates are $5.86 and highest earnings estimates are $6.49.

According to 19 analysts, Skyworks Solutions Inc (NASDAQ:SWKS)’s revenue estimates for the current quarter are $902.68M meanwhile the company has high revenue estimates of $909.3M in contradiction of low revenue estimates of $900M. For the current year the company’s revenue estimates are $3.53B compared to low analyst estimates of $3.41B and high estimates of $3.64B according to the projection of 23 analysts.

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