From MarketBeat: Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
From MarketBeat:
Skyworks Solutions, Inc. (NASDAQ:SWKS) has received a “Moderate Buy” recommendation from twenty-two brokerages covering the company. One analyst recommends selling the stock, while nine recommend holding and twelve recommend buying the stock. The average 1-year price objective among analysts is $116.00. The stock has been downgraded by several research firms, with price targets being adjusted downward. Recent insider activity includes shares being sold by senior vice presidents of the company. Institutional investors have also modified their stock holdings, with the majority of the stock currently owned by institutional investors and hedge funds. Shares of Skyworks Solutions opened at $112.84, with a market cap of $18.05 billion. The company had a quick ratio of 2.16, a current ratio of 3.33, and a debt-to-equity ratio of 0.16. Skyworks Solutions last announced its earnings results on Thursday, November 2nd, reporting $1.95 earnings per share and revenue of $1.22 billion for the quarter. The company also recently announced a quarterly dividend. Skyworks Solutions, Inc is a semiconductor company that designs, develops, manufactures, and markets proprietary semiconductor products. While current analyst consensus is “Moderate Buy” for Skyworks Solutions, there are other stocks that top-rated analysts believe are better buys. MarketBeat offers a list of seven stocks with very promising long-term outlooks.
Original: Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Consensus Recommendation of “Moderate Buy” from Brokerages