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.

A number of analysts gave price targets for SWKS. The most optimistic analyst gave a price target of 130, implying a possible profit of 22.92 percent. The minimum price target given was 86, which equates to a potential downside of -18.68 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.2 percent on average, compared to last month. That number becomes 1.49 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.9 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.71 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 7 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 7 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of SWKS's earnings is estimated by analysts to be 12.65 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SWKS is 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 below the high by 5.66 percent. 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.