Analyst Ratings for Skyworks Solutions Inc. (SWKS)

Updated: 2017-07-28

An average rating of Overweight has been given to Skyworks Solutions Inc. (NASDAQ:SWKS) by analysts covering the stock. A consensus rating of Overweight was previously issued for SWKS last month.

Of the 27 analysts covering the stock, 18 gave it a buy rating, 1 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for SWKS. The maximum price target given was 130, which equates to a potential upside of 22.92 percent. The minimum price target given was 86, which equates to a potential downside of -18.68 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.2 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.49 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.9 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.71 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 7 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 7 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

SWKS has an estimated earnings growth rate of 12.65 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. SWKS has a PEG ratio of 1.6.

SWKS has traded between a high of 112.11 and a low of 63.30 over the past year. The current market price is above the trailing year's low by 67.08 percent, and 5.66 percent lower than its 52-week high. SWKS has a P/E ratio of 20.3. Investors typically compare the P/E ratio to a company's peers in the industry. The SWKS value stock report compares SWKS to some of its peers using value stock charts. The market cap of SWKS is $19.74 billion. SWKS's next earnings release will be on 0000-00-00, which is days away.