Skyworks Solutions (SWKS) : Traders are bullish on Skyworks Solutions (SWKS) as it has outperformed the S&P 500 by a wide margin of 7.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 13.34%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 13.95% in the last 1 week, and is up 5.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.4% and the 50-Day Moving Average is 10.26%.The 200 Day SMA reached 10.15% Skyworks Solutions Inc. is up 19.42% in the last 3-month period. Year-to-Date the stock performance stands at 0.27%.
Skyworks Solutions (SWKS) : The consensus price target for Skyworks Solutions (SWKS) is $83 for the short term with a standard deviation of $11.4. The most optimist securities analyst among the 19 who monitor the stock believes that the stock can reach $100, however, the pessimist price target for the company is $61.
For the current week, the company shares have a recommendation consensus of Buy. Skyworks Solutions (NASDAQ:SWKS): stock was range-bound between the intraday low of $75 and the intraday high of $77.24 after having opened at $77.15 on Fridays session. The stock finally closed in the red at $77.15, a loss of -1.23%. The stock remained in the red for the whole trading day. The total traded volume was 5,447,708 shares. The stock failed to cross $77.24 in Fridays trading. The stocks closing price on Thursday was $76.07.
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.