Skyworks Solutions (NASDAQ:SWKS) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 1.47 by 19 Brokerage Firm. 14 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Citigroup upgrades its view on Skyworks Solutions (NASDAQ:SWKS) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Neutral. Citigroup lowers the price target from $69.5 per share to $65 per share on Skyworks Solutions . The rating by the firm was issued on June 9, 2016.
Skyworks Solutions (NASDAQ:SWKS) stock has received a short term price target of $ 86.37 from 19 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $9.73. The higher estimate of target price is $100 , while the lower price target estimate is $69
Skyworks Solutions (NASDAQ:SWKS) witnessed a decline in the market cap on Tuesday as its shares dropped 0.74% or 0.49 points. After the session commenced at $66.14, the stock reached the higher end at $67.1 while it hit a low of $65.34. With the volume soaring to 1,638,437 shares, the last trade was called at $65.46. The company has a 52-week high of $112.23. The company has a market cap of $12,453 million and there are 190,238,140 shares in outstanding. The 52-week low of the share price is $54.5.
Shares of Skyworks Solutions Inc. rose by 0.69% in the last five trading days and 1.39% for the last 4 weeks. Skyworks Solutions Inc. has dropped 14.52% during the last 3-month period . Year-to-Date the stock performance stands at -14.08%.
Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Companys portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Companys products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.