Skyworks Solutions Inc. (NDAQ:SWKS) had its target price raised to $120.00 by Mizuho Securities in a report released 7/21/2017. The new target price indicates a possible upside of 0.12% from the company's most recent stock price close.
Showing a price of $107.38, Skyworks Solutions Inc. (NDAQ:SWKS) traded 2.12% higher on the day. With the last stock price up 10.51% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.07% over the same time period. Skyworks Solutions Inc. has recorded a 50-day average of $102.89 and a two hundred day average of $97.40. Trade Volume was up over the average, with 4,144,552 shares of SWKS changing hands over the typical 1,822,490
With a total market value of $0, Skyworks Solutions Inc. has P/E ratio of 22.19 with a 52 week low of $62.40 and a 52 week high of $112.11 .
Also covering Skyworks Solutions Inc.'s price target, a total of 22 brokerages have issued a ratings update on SWKS. The one year target is $81.50 with six equity analysts rating the company a strong buy, twelve analysts rating the company a buy, three firms rating the stock a hold, 2 firms rating the company a underperform, and lastly one equity analyst rating the company a sell.
Brief Synopsis About Skyworks Solutions Inc. (NDAQ:SWKS)
Skyworks Solutions Inc. designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company's analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets. Its geographical segments include the United States, Other Americas, China, Taiwan, South Korea, Other Asia-Pacific, Europe, Middle East and Africa. It operates throughout the world with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. It is engaged with key original equipment manufacturers (OEM), smartphone providers and baseband reference design partners. Its product portfolio consists of various solutions, including amplifiers, attenuators, detectors, diodes, filters, front-end modules, hybrid, mixers, switches, and modulators.
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