Analyst Research

Rating and Recommendations under Spotlight: Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc (NASDAQ:SWKS) rose 1.67% during previous trade. Pacific Crest issued rating on the stock of Skyworks Solutions Inc (NASDAQ:SWKS) in a research note issued to investors on Apr-4-17, the stock received “Upgrade” rating from Sector Weight to Overweight. Additionally Craig Hallum issued their verdict on the stock of the company, on record date of Apr-4-17the stock was “Reiterated” as Buy from $100 to $110 besides that on Mar-31-17 Skyworks Solutions Inc (NASDAQ:SWKS) was “Initiated” by Macquarie as Outperform at $110. Furthermore on Mar-08-17 the stock was “Initiated” by Wells Fargo as Outperform.

Skyworks Solutions Inc (NASDAQ:SWKS) shares ended last trading session at the price of $99.35 whereas a number of traders indicating mean target price will hit $100.61 over the next twelve months, mean value of price target most recently revised on 03/30/17. Skyworks Solutions Inc (NASDAQ:SWKS)’s highest estimates of price target are $130 and low forecast is $66 based on the opinion of 23 analysts. The price target estimates represents a standard deviation of 13.18. However brokerage recommendations suggests an ABR of 1.95 based on calls of 15 experts, where 8 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 5 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

Skyworks Solutions Inc (NASDAQ:SWKS) is expected to release the earnings of its current quarter on 4/27/17. The company is expected to release $1.4EPS for current quarter according to 23 analysts whereas the company reported $1.25 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.4 and high estimate of $1.42. For the current year Skyworks Solutions Inc (NASDAQ:SWKS) has set to release EPS of $6.22 as per the sentiments of 25 analysts, however according to 25 analysts, the company expected to release $7.11 EPS for next year.

Skyworks Solutions Inc (NASDAQ:SWKS)’s average revenue estimates for the current quarter are $840.41M according to 21 number of analysts. However its lowest revenue estimates are $839.85M and highest revenue estimates are $843.44M. A year ago the company’s sales were $775.1M. Its yearly sales growth estimates are 8.40%. For the next quarter the company has anticipated average revenues of $868.12M, according to the sentiments of 21 analysts. For the current year the company has fixed $3.58B revenues, as per the opinion of 25 analysts. For the current year the company has low revenue estimates of $3.54B in contradiction of high revenue estimates of $3.62B. Whereas for the next year revenues are set at $3.95B by 25 analysts.

The stock exchanged hands 2.90M shares versus average trading capacity of 1.78M shares, while its shares’ total market worth is $18.32B along with 184.49M outstanding shares. Skyworks Solutions Inc (NASDAQ:SWKS) shares were trading -0.03% below from the 52-week high price mark of $99.38 and +75.89% above from the 52-week price bottom of $56.48. However the company observed 52 week high price on 04/04/17 and witnessed 52 week low price on 06/27/16. The company’s price sits 4.67% above from its 50-day moving average of $96.52 and 27.12% far from the stock’s 200-day moving average which is $83.63. Skyworks Solutions Inc (NASDAQ:SWKS)’s price to sales ratio for trailing twelve month stands at 5.60, whereas its price to book ratio for most recent quarter sits at 5.02. However the company’s price to cash per share for most recent quarter stands at 13.59. Its price to free cash flow for trailing twelve months is 20.93.

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