US stocks closed lower on Wednesday as investors assessed rising geopolitical tensions. Volumes indicate how many shares are bought and sold over a given period of time. Checchi Capital Advisers LLC purchased a new stake in shares of Skyworks Solutions during the fourth quarter worth about $224,000. (NASDAQ:SWKS) for 25,714 shs. The Capital Research Global Investors holds 20.93M shares with $1.99B value, down from 23.05M last quarter. The stock increased 0.97% or $0.33 during the last trading session, reaching $34.31. About 4.06M shares traded. Purple Innovation, Inc. (NASDAQ:PRPL) has declined 6.25% since April 12, 2017 and is downtrending. It has underperformed by 11.55% the S&P500. Meiji Yasuda Life Insur Co has invested 0.06% in Skyworks Solutions, Inc. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. The Company's product portfolio includes amplifiers, attenuators, circulators/isolators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, voltage controlled oscillators/synthesizers, and voltage regulators.The P/E ratio is 22.63. The price/earnings ratio (P/E) is 16.66 and the forward P/E ratio stands at 11.91. The firm provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications.
Among 17 analysts covering Skyworks Solutions (NASDAQ:SWKS), 14 have Buy rating, 1 Sell and 2 Hold. The Higher end of the revenue forecast is $916.5 Million, while the Lower end of the forecast is $909.03 Million. The stock's average target of $88.60 is -10.02% below today's ($98.47) share price.
Several equities research analysts have commented on SWKS shares.
Investors also need to beware of the Skyworks Solutions, Inc. Skyworks Solutions earned a coverage optimism score of 0.13 on Accern's scale. (NASDAQ:SWKS) rating. Needham has "Buy" rating and $120.0 target. The stock decreased 1.44% or $1.44 during the last trading session, reaching $98.47. Given that liquidity is king in short-term, GPN is a stock with 163.33 million shares outstanding that normally trades 2.36% of its float. (NASDAQ:SWKS) valuations. The stock trades on a P/S of 4.71, which suggests that the shares are attractive compared with peers. SWKS underperformed by 7.09% the S&P 500.
Share of Skyworks Solutions, Inc. (NASDAQ:SWKS) to report earnings on April, 26. Analysts predict 9.77 % diference or $1.46 from the $1.33 EPS from 2017. New York State Common Retirement Fund boosted its holdings in Skyworks Solutions by 1.5% during the third quarter. This's net activity of $12.55 million. Moreover, Pitcairn has 0.12% invested in Skyworks Solutions, Inc. (NASDAQ:SWKS) shares with value of $704,929 were sold by GAMMEL PETER L. Leading up to this report, we have seen a -7.75% fall in the stock price over the last 30 days and a 3.71% increase over the past 3 months. When we look at the Volatility of the company, Week Volatility is at 2.68% whereas Month Volatility is at 2.93%. Finally, Zacks Investment Research upgraded Skyworks Solutions from a "sell" rating to a "hold" rating in a research note on Friday, February 9th. The stock has "Buy" rating by Craig Hallum on Friday, July 24. Therefore 82% are positive. Skyworks Solutions Inc. had 107 analyst reports since July 27, 2015 according to SRatingsIntel. On Tuesday, February 6 the firm has "Outperform" rating given by BMO Capital Markets. On Monday, February 5 the firm earned "Buy" rating by Mizuho. UBS maintained the stock with "Neutral" rating in Tuesday, October 20 report. This company shares are 19.8% off its target price of $117.85 and the current market capitalization stands at $18.53B. On Monday, October 24 the stock rating was downgraded by Drexel Hamilton to "Hold". The firm earned "Buy" rating on Friday, July 21 by Charter Equity. The rating was maintained by Oppenheimer on Tuesday, July 18 with "Hold". Vetr downgraded Skyworks Solutions from a "strong-buy" rating to a "buy" rating and set a $108.40 price objective for the company.in a report on Wednesday, January 3rd.
During 2017 Q4 the big money sentiment decreased to 0.99. It increased, as 54 investors sold IBM shares while 604 reduced holdings. 65 funds opened positions while 208 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. The hedge fund held 2,000 shares of the major banks company at the end of 2017Q4, valued at $121,000, down from 75,000 at the end of the previous reported quarter. Westwood Group invested in 1,743 shares. San Francisco Sentry (Ca) has invested 0.28% in International Business Machines Corporation (NYSE:IBM). North Star Invest Mgmt has invested 0.16% of its portfolio in Wells Fargo & Company (NYSE:WFC). Stockholders of record on Thursday, February 22nd were paid a dividend of $0.32 per share. Wellington Shields Mgmt Ltd Com invested in 13,139 shares. The semiconductor manufacturer reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.09. Loring Wolcott & Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma has 15,547 shares for 0.04% of their portfolio. The California-based Schwab Charles Inv Incorporated has invested 0.05% in Skyworks Solutions, Inc. 15,177 were accumulated by Segall Bryant And Hamill Ltd Liability. Yhb Investment Advisors invested 0.15% of its portfolio in International Business Machines Corporation (NYSE:IBM).