Skyworks Solutions (SWKS) to Release Quarterly Earnings on Wednesday

Skyworks Solutions (NASDAQ:SWKS) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.57 per share and revenue of $1.07 billion for the quarter. Skyworks Solutions has set its Q1 guidance at $1.57 EPS and its Q1 2025 guidance at 1.570-1.570 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, November 12th. The semiconductor manufacturer reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.03. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. Skyworks Solutions had a net margin of 14.27% and a return on equity of 13.71%. The company’s revenue for the quarter was down 15.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.95 EPS. On average, analysts expect Skyworks Solutions to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Skyworks Solutions Stock Down 4.0 %

Shares of NASDAQ SWKS opened at $85.22 on Tuesday. The firm has a market capitalization of $13.70 billion, a PE ratio of 23.03, a price-to-earnings-growth ratio of 1.96 and a beta of 1.14. The company has a current ratio of 5.54, a quick ratio of 4.24 and a debt-to-equity ratio of 0.16. Skyworks Solutions has a 1 year low of $82.13 and a 1 year high of $120.86. The firm’s 50-day moving average is $89.78 and its 200-day moving average is $95.98.

Skyworks Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 3rd were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.29%. The ex-dividend date was Tuesday, December 3rd. Skyworks Solutions’s dividend payout ratio (DPR) is presently 75.68%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Craig Hallum reduced their price objective on shares of Skyworks Solutions from $140.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Mizuho cut their price target on shares of Skyworks Solutions from $127.00 to $105.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. B. Riley cut their price target on shares of Skyworks Solutions from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Barclays cut their price target on shares of Skyworks Solutions from $80.00 to $70.00 and set an “underweight” rating on the stock in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. cut their price target on shares of Skyworks Solutions from $120.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 13th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $101.12.

Insiders Place Their Bets

In other news, SVP Robert John Terry sold 10,522 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $88.01, for a total value of $926,041.22. Following the completion of the transaction, the senior vice president now owns 15,960 shares of the company’s stock, valued at $1,404,639.60. This represents a 39.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.35% of the company’s stock.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.