Analyst Estimates

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

Skyworks Solutions Inc (NASDAQ:SWKS) soared 0.21% during previous trade, a total of 1.69M shares exchanged hands compared with its average trading volume of 1.92M shares whereas its relative volume is 0.71. The stock has a market capitalization of $18.36B along with 184.49M outstanding shares. Stock’s intraday price range hit the peak level of $100.06 and touched the lowest level of $99.09.

Most recently Skyworks Solutions Inc (NASDAQ:SWKS)’s price target was revised on 4/17/17 and according to 24 analysts stock’s price will reach at $102.46 during 52 weeks with standard deviation of 15.32. Stock’s minimum price target estimates has been figured out at $66 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 31% from its latest closing price of $99.24.

Historically, if we look at price target revisions, two weeks ago Skyworks Solutions Inc (NASDAQ:SWKS)’s price target was revised on 3/30/17 by the analysts, however the bullish price estimates of the stock set at $105 while the bearish estimates kept at $66 over the next one year. Stock’s 52-week target was retained at $92.19, the estimates indicates a standard deviation of 13.18.

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 15 brokerage recommendations 9 rate Skyworks Solutions Inc (NASDAQ:SWKS) stock a Strong Buy, 1 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 4/4/17 the stock of Skyworks Solutions Inc (NASDAQ:SWKS) upgraded by Pacific Crest from Sector Weight to Overweight. However previously on 1/12/17 it was downgraded by Goldman from Buy to Neutral. A research note issued on 10/4/16 the stock was upgraded by Charter Equity from Mkt Perform to Buy.

Skyworks Solutions Inc (NASDAQ:SWKS) performance over the past one year soared 39.48% whereas its year to date (YTD) performance indicated a bullish trend of 33.32%. During the last six months the stock climbed 30.27%. Quarterly performance of the company shows optimistic momentum of 25.57% while its last one month trend is positive with 1.07%. Stock’s weekly performance expressed down trend of -0.90%.

The company’s price sits 2.84% above from its 50-day moving average of $97.75 and 24.06% far from the stock’s 200-day moving average which is $85.30. Skyworks Solutions Inc (NASDAQ:SWKS)’s shares are currently trading -3.31% away from the 52-week high price of $102.64 and +75.70% far from the 52-week low price of $56.48.

According to consensus agreement of 24 analysts Skyworks Solutions Inc (NASDAQ:SWKS) will report earnings per share of $1.4 in their quarterly report and it is expected to announce the company’s results on 4/27/17 After Market Close. For the current quarter the company has high EPS estimates of $1.44 in contradiction of low EPS estimates of $1.4. However a year ago for the same quarter the company has reported $1.25 EPS. Current year EPS projections for Skyworks Solutions Inc (NASDAQ:SWKS) set at $6.23 according to the sentiments of 26 analysts, while its lowest earnings estimates are $6.06 and highest earnings estimates are $6.36.

According to 22 analysts, Skyworks Solutions Inc (NASDAQ:SWKS)’s revenue estimates for the current quarter are $840.39M meanwhile the company has high revenue estimates of $843.44M in contradiction of low revenue estimates of $839.85M. For the current year the company’s revenue estimates are $3.58B compared to low analyst estimates of $3.54B and high estimates of $3.64B according to the projection of 26 analysts.

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