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Demystifying Skyworks Solutions: Insights From 9 Analyst Reviews
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Demystifying Skyworks Solutions: Insights From 9 Analyst Reviews
May 9, 2024 6:37 AM

In the preceding three months, 9 analysts have released ratings for Skyworks Solutions ( SWKS ) , presenting a wide array of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 0 5 0 1
Last 30D 0 0 0 0 0
1M Ago 3 0 5 0 1
2M Ago 0 0 0 0 0
3M Ago 0 0 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $102.22, a high estimate of $120.00, and a low estimate of $83.00. A decline of 10.86% from the prior average price target is evident in the current average.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Skyworks Solutions ( SWKS ) among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Atif Malik Citigroup Lowers Sell $83.00 $85.00
Gary Mobley Wells Fargo Lowers Equal-Weight $100.00 $110.00
Timothy Arcuri UBS Lowers Neutral $100.00 $110.00
Peter Peng JP Morgan Lowers Neutral $105.00 $120.00
Vijay Rakesh Mizuho Lowers Buy $115.00 $125.00
Harsh Kumar Piper Sandler Lowers Neutral $95.00 $105.00
Ruben Roy Stifel Lowers Buy $112.00 $122.00
Kevin Cassidy Rosenblatt Lowers Buy $120.00 $130.00
Matthew Ramsay TD Cowen Lowers Hold $90.00 $125.00

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Skyworks Solutions ( SWKS ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Skyworks Solutions ( SWKS ) compared to the broader market.

Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Skyworks Solutions's ( SWKS ) stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Skyworks Solutions's ( SWKS ) market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Skyworks Solutions ( SWKS ) analyst ratings.

All You Need to Know About Skyworks Solutions

Skyworks Solutions ( SWKS ) produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.

Skyworks Solutions: A Financial Overview

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Negative Revenue Trend: Examining Skyworks Solutions's ( SWKS ) financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -9.29% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 17.52%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Skyworks Solutions's ( SWKS ) ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.91%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Skyworks Solutions's ( SWKS ) ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 2.22%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Skyworks Solutions's ( SWKS ) debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.19.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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