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.

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.

Earnings Alert: Skyworks Solutions Inc (NASDAQ:SWKS)

Shares of Skyworks Solutions Inc (NASDAQ:SWKS) fell -1.02% to reach at $78.46 during previous trading session. The company has experienced volume of 3,644,400 shares while on average the company has a capacity of trading 2.22M share.

Skyworks Solutions Inc (NASDAQ:SWKS) an innovator of high performance analog semiconductors connecting people, places and things, on January 20, 2017 reported first fiscal quarter results for the period ending December 30, 2016. Revenue for the first fiscal quarter was $914.3 million, up 9.4 percent sequentially and exceeding consensus estimates of $902.7 million.

On a GAAP basis, operating income for the first fiscal quarter of 2017 was $321.9 million with diluted earnings per share of $1.38. On a non-GAAP basis, operating income was $354.3 million with record non-GAAP diluted earnings per share of $1.61, $0.03 better than the Company’s guidance and consensus estimates. Cash flow from operations for the quarter was also a record $495.9 million.

“Skyworks delivered exceptional financial results in the first fiscal quarter of 2017 fueled by global demand for ubiquitous mobile connectivity and the Internet of Things,” said Liam K. Griffin, president and chief executive officer of Skyworks. “We are enabling the next phase of the wireless revolution, powering new and previously unimagined applications. With the proliferation of 4G/LTE and advent of 5G, system-level performance requirements are intensifying, driving the need for substantially higher data rates, improved efficiency and reduced latency across an exponentially growing scope of networked devices. Leveraging our innovative portfolio, carrier aggregation leadership, operational scale and demonstrated ability to deliver highly integrated solutions, Skyworks is uniquely positioned to capitalize on this connectivity megatrend.”

Skyworks Solutions Inc (NASDAQ:SWKS) holds the market capitalization of $15.03B along with 185.81M outstanding shares. During the last trade, stock’s minimum price has been reached out at $78.18 while the maximum trading price moved at $79.45. Currently the stock price is moving -4.28% off from the highest level of twelve months and +45.71% above from twelve months low. Skyworks Solutions Inc (NASDAQ:SWKS) marked 52-week highest price level of $81.97 on 10/11/16 and 52-week lowest price level of $53.85 on 02/11/16. For the stock, price target value has been calculated at $86.55 based on calls of 22 experts. Stock’s minimum price target estimates has been figured out at $61.00 while the maximum price target forecast is established at $130.00.

As of current trade, Skyworks Solutions Inc (NASDAQ:SWKS) has shown weekly upbeat performance of 0.06%. Its six months performance indicated a bullish movement while its yearly performance reflected a positive trend of 29.44%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 5.09%. Shares of Skyworks Solutions Inc (NASDAQ:SWKS) currently have an ABR of 1.91, derived from a total of 18 opinions. The company’s price sits 2.39% above from its 50-day moving average of $76.57 and 9.91% above from the stock’s 200-day moving average of $73.70. The company has Relative Strength Index (RSI 14) of 54.47 along with Average True Range (ATR 14) of 1.97. Its weekly and monthly volatility is 2.45%, 2.12% respectively. The company’s beta value is at 0.84.

Skyworks Solutions Inc (NASDAQ:SWKS) currently has a PEG ratio of 1.02 where as its P/E ratio is 15.16. The company’s price to sales ratio for trailing twelve months is 4.42 and price to book ratio for most recent quarter is 4.11, whereas price to cash per share for the most recent quarter is 13.42. Skyworks Solutions Inc (NASDAQ:SWKS)’s price to free cash flow for trailing twelve months is 20.80. Its quick ratio for most recent quarter is 7.50 along with current ratio for most recent quarter of 9.50. Total debt to equity ratio of the company for most recent quarter is 0.00 whereas long term debt to equity ratio for most recent quarter is 0.00. Skyworks Solutions Inc (NASDAQ:SWKS) has a Return on Assets of 25.40%. The company currently has a Return on Equity of 28.30% and Return on Investment of 25.80%.

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.

Insider Trading and Share Price Activity: Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc (NASDAQ:SWKS) exchanged hands 2.11M shares versus average trading capacity of 2.98M shares, while its shares’ total market worth is $14.16B along with 187.50M outstanding shares.

The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For Skyworks Solutions Inc (NASDAQ:SWKS) total 6 number of trades held during last 3 months and 89 during last 12 months, out of them 0 numbers of buys held in last 3 months and 12 buys in last 12 months. Whereas 6 numbers of sells held in last 3 months and 77 sells over the past 12 months.

Insiders has most recently took part in a trading activity, Freyman Bruce J, EVP, Worldwide operations of the company in a transaction that occurred 8/29/2016 sold 3,221 shares of the stock. The stock was sold at a price of $75.00, for a total value of $241,575. Subsequent to the transaction Freyman Bruce J owned a total of 30,425 shares of the stock.

In a separate transaction on 7/22/2016, Gasparini Laura A, VP, Human Resources sold 366 shares of the stock. The stock was sold at a price of $64.81, for a total worth of $23,720. Succeeding to the transaction Gasparini Laura A owned overall 5,756 shares of the stock.

Moreover, Aldrich David J, Executive Chairman sold 8,300 shares of the stock in a reserved transaction that ensued on 7/5/2016. At a price of $59.32, the stock was sold for an entire value of $492,356. Consequent to the transaction Aldrich David J owned a total of 132,027 shares of the stock.

Currently, 0.20% shares of Skyworks Solutions Inc (NASDAQ:SWKS) are owned by insiders with -42.37% six-month change in the insider ownership. Aldrich David J is one of the major insider shareholder of the company’s stock, the insider owns 125,327shares reported on Jul 5, 2016. Mclachlan David J is second leading insider shareholder, as of May 23, 2016 the insider owns 69,921 shares of the stock. Schriesheim Robert A is another major insider shareholder of the stock, as per record date of May 19, 2015 insider owns 63,188 shares of the stock.

Skyworks Solutions Inc (NASDAQ:SWKS) ended last trading session at the price of $74.86 whereas a number of traders indicating mean target price will hit $83.17 over the next twelve months, mean value of price target most recently revised on 08/19/16. Skyworks Solutions Inc (NASDAQ:SWKS)’s highest estimates of price target are $130.00 and low forecast is $61.00 based on the opinion of 23 analysts. The price target estimates represents a standard deviation of 11.48. However brokerage recommendations suggests an ABR of 1.75 based on calls of 19 experts, where 11 brokers polls the stock a Strong Buy, 3 suggest the stock a Buy, 4 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

Skyworks Solutions Inc (NASDAQ:SWKS) is expected to release the earnings of its current quarter on 11/3/16. The company is expected to release $1.43 EPS during current quarter according to 22 analysts whereas the company reported $1.52 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $1.4 and high estimate of $1.44. Skyworks Solutions Inc (NASDAQ:SWKS)’s average revenue estimates for the current quarter are $830.94M according to 19 number of analysts. However its lowest revenue estimates are $830M and highest revenue estimates are $831.8M. A year ago the company’s sales were $880.8M. Its yearly sales growth estimates are -5.70%.

Technology Stocks under Discussion: AT&T Inc. (NYSE:T), Microsoft Corporation (NASDAQ:MSFT)

AT&T Inc. (NYSE:T) went down -0.94% or -0.39 points to reach at $41.01 during the course of previous trade. The stock traded in the range of $40.69 – $41.25 during its most recent trading session. The stock has total market worth of $249.92B and it has total of 6.15B outstanding shares. Relative strength index (RSI-14) for AT&T Inc. (NYSE:T) is at 0.51.

Historically the stock has slipped -5.24% in the past week and plunged -3.55% in the last four weeks, the stock illustrate that its three months performance stands at 7.85% while its year to date performance is at 23.73%. Stock’s price oscillated from $30.97 to $43.89 during past twelve months. The stock is now trading at a distance of -4.28% from SMA-20. The stock is presently trading -2.65% below from its SMA-50. In the current trading session, the stock’s price moved 9.92% above from its SMA-200. If we take a look on its volatility, 1.65 percent was seen in a week and for the month it was 1.17 percent. Stock’s beta value stands at 0.25 and its ATR value is at 0.51.

AT&T Inc. (NYSE:T) on August 19, 2016 reported that is donating $100,000 to two organizations to help restore Louisiana following the recent floods. The contribution will be divided between the Baton Rouge Area Foundation and DonorsChoose.org.

Baton Rouge Area Foundation will receive $50,000 towards its Louisiana Flood Relief Fund. This supports aid to those in the Baton Rouge region where needs are the greatest. DonorsChoose.org will also receive a $50,000 contribution to help restore K-12 schools impacted by the flooding.

AT&T wireless customers can text “RELIEF” to 80077 to donate $10 to Baton Rouge Area Foundation Louisiana Flood Relief Fund. This money will support those affected and the most urgent local needs as the community is restored. No text message fees apply. Your $10 donation will appear on your wireless bill or be deducted from your prepaid balance.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

Microsoft Corporation (NASDAQ:MSFT) rose 0.03% or +0.02 points in order to take the company’s stock at the price of $57.43 during previous trading session. Stock’s price oscillated between $57.20 and $57.73 for intra-day trading. Relative strength index (RSI-14) for Microsoft Corporation (NASDAQ:MSFT) is at 67.45. It has total market capitalization of $449.16B.

Historically the stock has climbed 0.07% in the past week and soared 3.91% in the last four weeks, the stock illustrate that its three months performance stands at 14.54% while its year to date performance is at 5.99%. The stock hit the peak price level of one year at $58.50 and touched the minimum level of $39.72. Shares are trading -0.89% off from the 52-week high price and +49.04% above from the 52-week bottom price level. The stock is now trading at a distance of 1.10% from SMA-20. The stock is presently trading 7.50% above from its SMA-50. In the current trading session, the stock’s price moved 9.63% above from its SMA-200. The company has a Return on Assets of 12.00%. The company currently has a Return on Equity of 29.00% and a Return on Investment of 13.50%.

Microsoft Corporation (NASDAQ:MSFT) on August 3, 2016 announced that for $76.5 million, it has acquired the remaining 34 percent interest it did not already own in the filter joint venture it created with Panasonic in 2014. At the core of the joint venture was Panasonic’s engineering and process talent, expertise in filter design and leading edge products, as well as 412 fundamental filter patents and patent applications for surface acoustic wave (SAW) and temperature compensated (TC) SAW devices. In August 2015, Skyworks expanded its production capacity with the addition of a 405,000 square foot facility in Osaka to help meet the growing demand for highly integrated solutions leveraging filter technology. To date, total production has exceeded more than two billion filters. The acquisition is not expected to impact Skyworks’ consolidated financial statements as operations have been consolidated with Skyworks’ financial statements since the date of the initial joint venture.

According to a recent Research and Markets report, the global radio frequency filter market is expected to grow at a CAGR of 15 percent during the period 2016-2020 and the rise in the number of frequency bands, modulation schemes and power amplifier modes to support increased mobile data traffic is resulting in high RF front-end complexity.

Technology Stocks That Must Be on Your Watch List: Marvell Technology Group Ltd. (NASDAQ:MRVL), Skyworks Solutions Inc (NASDAQ:SWKS)

Marvell Technology Group Ltd. (NASDAQ:MRVL) shares went down -0.17% or -0.03 points to reach at $11.68 during the course of session. The stock traded in the range of $11.66 – $11.72 during its most recent trading session. The stock has total market worth of $6.21B and it has total of 517.60M outstanding shares. Relative strength index (RSI-14) for Marvell Technology Group Ltd. (NASDAQ:MRVL) is at 74.67.

Historically the stock has climbed 17.10% in the past week and soared 14.58% in the last four weeks, the stock illustrate that its three months performance stands at 15.71% while its year to date performance is at 34.33%. Stock’s price oscillated from $13.35 to $7.40 during past twelve months. The stock is now trading at a distance of 17.38% from SMA-20. The stock is presently trading 17.42% above from its SMA-50. In the current trading session, the stock’s price moved 25.53% above from its SMA-200. If we take a look on its volatility, 4.81 percent was seen in a week and for the month it was 3.10 percent. Stock’s beta value stands at 0.73 and its ATR value is at 0.38.

Marvell Technology Group Ltd. (NASDAQ:MRVL) on July 21, 2016  announced it will conduct a conference call following the release of its first fiscal quarter of 2017 results on Wednesday, July 27, 2016, at 1:45 p.m. Pacific Time.

Marvell (MRVL) is a global leader in providing complete silicon solutions. From storage to cloud infrastructure, Internet of Things (IoT), connectivity and multimedia, Marvell’s diverse product portfolio aligns complete platform designs with industry-leading performance, security, reliability and efficiency. At the core of the world’s most powerful consumer, network and enterprise systems, Marvell empowers partners and their customers to always stand at the forefront of innovation, performance and mass appeal. By providing people around the world with mobility and ease of access to services, adding value to their social, personal and work lives, Marvell is committed to enhancing the human experience.

Skyworks Solutions Inc (NASDAQ:SWKS) shares rose 0.45% or +0.29 points in order to take the company’s stock at the price of $65.07. Stock’s price oscillated between $64.68 and $65.29 for intra-day trading. Relative strength index (RSI-14) for Skyworks Solutions Inc (NASDAQ:SWKS) is at 48.78. It has total market capitalization of $ 11.34B.

Historically the stock has slipped -3.83% in the past week and plunged -0.83% in the last four weeks, the stock illustrate that its three months performance stands at -8.99% while its year to date performance is at -14.93%. The stock hit the peak level of one year at $106.50 and touched the minimum level of $54.50. Shares are trading -38.07% off from the 52-week high and +19.74% above from the 52-week bottom level. The stock is now trading at a distance of 1.40% from SMA-20. The stock is presently trading 0.21% above from its SMA-50. In the current trading session, the stock’s price moved -8.33% below from its SMA-200. The company has a Return on Assets of 26.40%. The company currently has a Return on Equity of 30.20% and a Return on Investment of 25.30%.

Skyworks Solutions Inc (NASDAQ:SWKS) on July 21, 2016 announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share of the Company’s common stock, representing an eight percent increase from the prior quarterly dividend of $0.26 per share. The dividend is payable on August 25, 2016, to stockholders of record as of the close of business on August 4, 2016.

In addition, Skyworks’ Board of Directors has authorized the repurchase of up to $400 million of the Company’s common stock from time to time prior to July 19, 2018, on the open market or in privately negotiated transactions, in compliance with applicable securities laws and other legal requirements. This newly authorized stock repurchase program replaces in its entirety the $400 million stock repurchase program that was approved by the Board of Directors on November 10, 2015, and had approximately $73 million of repurchase authority remaining.

The timing and amount of any shares of the Company’s common stock that are repurchased under the new repurchase program will be determined by the Company’s management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at any time. Any repurchased shares will be available for use in connection with the Company’s stock plans and for other corporate purposes.

Stock Earnings to Watch: Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc (NASDAQ:SWKS) on July 21, 2016  announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share of the Company’s common stock, representing an eight percent increase from the prior quarterly dividend of $0.26 per share. The dividend is payable on August 25, 2016, to stockholders of record as of the close of business on August 4, 2016.

In addition, Skyworks’ Board of Directors has authorized the repurchase of up to $400 million of the Company’s common stock from time to time prior to July 19, 2018, on the open market or in privately negotiated transactions, in compliance with applicable securities laws and other legal requirements. This newly authorized stock repurchase program replaces in its entirety the $400 million stock repurchase program that was approved by the Board of Directors on November 10, 2015, and had approximately $73 million of repurchase authority remaining.

The timing and amount of any shares of the Company’s common stock that are repurchased under the new repurchase program will be determined by the Company’s management based on its evaluation of market conditions and other factors. The repurchase program may be suspended or discontinued at any time. Any repurchased shares will be available for use in connection with the Company’s stock plans and for other corporate purposes.

The Company currently expects to fund the repurchase program using the Company’s working capital. As of July 1, 2016, the Company had cash and cash equivalents of approximately $974 million.

Shares of Skyworks Solutions Inc (NASDAQ:SWKS) jumped 2.06% to reach at $70.92 during the course of session. The company has experienced volume of 5.38M shares while on average the company has a capacity of trading 2.44M shares. The stock holds the market capitalization of $13.72B along with 190.24M outstanding shares. The stock traded in the price range of $69.76 – $71.33 for the last trading session. For the stock price target value has been calculated at $83.61 based on calls of 23 experts. Stock’s minimum price target estimates has been figured out at $61.00 while the maximum price target forecast is established at $130.00.

As of current trade, Skyworks Solutions Inc (NASDAQ:SWKS) has shown weekly upbeat performance of 5.24%. Its six months performance indicated a bullish movement while its yearly performance reflected a negative trend of -27.77%. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -6.91%. Shares of Skyworks Solutions Inc (NASDAQ:SWKS) currently have an ABR of 1.82, derived from a total of 20 opinions. The company’s price sits 9.55% above from its 50-day moving average of $65.00 and -0.16% below from the stock’s 200-day moving average of $67.63. The company has Relative Strength Index (RSI 14) of 66.42 along with Average True Range (ATR 14) of 1.95. Its weekly and monthly volatility is 1.79%, 2.84% respectively. The company’s beta value is at 1.30.

Skyworks Solutions Inc (NASDAQ:SWKS)’s price to sales ratio for trailing twelve months is 3.98 and price to book ratio for most recent quarter is 3.81, whereas price to cash per share for the most recent quarter is 11.46. Skyworks Solutions Inc (NASDAQ:SWKS)’s price to free cash flow for trailing twelve months is 33.28. Its quick ratio for most recent quarter is 5.50 along with current ratio for most recent quarter of 6.60. Total debt to equity ratio of the company for most recent quarter is 0.00 whereas long term debt to equity ratio for most recent quarter is 0.00. Skyworks Solutions Inc (NASDAQ:SWKS) has a Return on Assets of 26.40%. The company currently has a Return on Equity of 30.20% and Return on Investment of 25.30%.

Stock Earnings Estimates under Discussion: Skyworks Solutions Inc (NASDAQ:SWKS)

Skyworks Solutions Inc (NASDAQ:SWKS) soared 1.70% or +1.16 points during previous trade after opening at the price of $69.49, a total of 3.22M shares exchanged hands compared with its average trading volume of 2.44M shares. The stock has a market capitalization of $13.15B and it has 190.24M outstanding shares.

According to consensus agreement of 22 analysts Skyworks Solutions Inc (NASDAQ:SWKS) will report earnings per share of $1.21 in their quarterly report and it is expected to announce the company’s results on 7/21/2016 AMC. For the current quarter the company has highest EPS estimates of $1.24 and low forecast is $0.21. However a year ago for the same quarter the company has reported $1.34 earnings per share.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 3/2016, the consensus mean EPS was $1.15 while the company reported $1.16 EPS on 4/28/2016 AMC with a difference of 0.01 marking a surprise factor of 0.87%.

Previously for the quarter ended on 12/2015, Skyworks Solutions Inc (NASDAQ:SWKS)’s expected mean EPS was $1.46, the company reported its quarterly earnings per share of $1.48 on 1/28/2016 AMC, beating the analysts’ consensus estimate by 0.02 with surprise factor of 1.37%.

Skyworks Solutions Inc (NASDAQ:SWKS)’s mean EPS estimate was $1.39 for the quarter ended on 9/2015, while it reported EPS of $1.39 on 11/5/2015 AMC.

Back on 7/23/2015 the company’s estimated EPS value was $1.19 and it reported $1.21 earnings per share (EPS) for the quarter ended on 6/2015. The company posted a positive surprise factor of 1.68% by 0.02.

Skyworks Solutions Inc (NASDAQ:SWKS)’s average EPS forecast for the current year is $5.48 according to 23 analysts making projections. The most expectant earnings per share estimate of the stock is set at $5.56 while the conservative estimates kept at $5.41 over the current year. Having a look at the historical EPS report, the company attained $5.27 EPS for the previous year. While revenue estimates for the current year is 3.28B, setting the highest revenues estimates of 3.31B and indicating lowest revenues at 3.27B according to agreement of 23 number of analysts. Current revenue movements show that, the company has set average revenue estimates of 750.22M covering forecast of 19 analysts. The company indicates a peak revenue level of 752.5M and 748M at bottom level.

Having a glance at growth estimates of the company, it has current quarter growth estimates of -9.70% whereas for next quarter it has -6.60% estimations over growth. Its forecasts over growth are 4.00% during current year while analysts’ growth estimation for the next year is 12.00%. Past 5 years growth of Skyworks Solutions Inc (NASDAQ:SWKS) observed at 31.69%, and for the next five years the analysts that follow this company are expecting its growth at 17.40%.

Skyworks Solutions Inc (NASDAQ:SWKS) reached at $69.49 price level during last trade its distance from 20 days simple moving average is 9.01%, and its distance from 50 days simple moving average is 7.49% while it has a distance of -2.26% from the 200 days simple moving average. On year trading price range hit the peak level of $106.50 and touched the lowest level of $54.50 and its distance from 52 week high is -33.79% and current price is above +28.02% from 52 week low.