Skyworks Solutions (SWKS) : Traders are bullish on Skyworks Solutions (SWKS) as it has outperformed the S&P 500 by a wide margin of 13.6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.21%, 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 3.53% in the last 1 week, and is up 13.36% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 8.9% and the fifty day Moving Average is 13.23%. Skyworks Solutions Inc. is up 13.02% in the last three month period. Year-to-Date the stock performance stands at -1.35%.
Skyworks Solutions (SWKS) : The consensus price target for Skyworks Solutions (SWKS) is $83.11 for the short term with a standard deviation of $11.48. 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.
Skyworks Solutions (NASDAQ:SWKS): stock turned positive on Friday. Though the stock opened at $74.35, the bulls momentum made the stock top out at $75 level for the day. The stock recorded a low of $73.74 and closed the trading day at $74.84, in the green by 0.69%. The total traded volume for the day was 2,630,334. The stock had closed at $74.33 in the previous days trading.
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.