Skyworks Solutions Inc (NASDAQ:SWKS) is scheduled to release its Q116 earnings data after the market closes on Thursday, January 28th. Analysts expect Skyworks Solutions to post earnings of $1.60 per share and revenue of $927.48 million for the quarter. Skyworks Solutions has set its Q1 guidance at $1.60 EPS.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Thursday, November 5th. The semiconductor manufacturer reported $1.52 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.52. During the same quarter in the prior year, the firm earned $1.12 earnings per share. The company earned $880.80 million during the quarter, compared to analyst estimates of $877.37 million. Skyworks Solutions’s revenue for the quarter was up 22.6% on a year-over-year basis. On average, analysts expect Skyworks Solutions to post $6.06 EPS for the current fiscal year and $6.97 EPS for the next fiscal year.

Several analysts recently issued reports on SWKS shares. Citigroup Inc. started coverage on shares of Skyworks Solutions in a research report on Thursday, October 1st. They issued a “buy” rating and a $115.00 price target for the company. Topeka Capital Markets reduced their price target on shares of Skyworks Solutions from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, October 6th. B. Riley reissued a “buy” rating and issued a $127.00 price target on shares of Skyworks Solutions in a research report on Wednesday, October 7th. Brean Capital reissued a “buy” rating and issued a $100.00 price target (down previously from $120.00) on shares of Skyworks Solutions in a research report on Wednesday, October 7th. Finally, Drexel Hamilton started coverage on shares of Skyworks Solutions in a research report on Tuesday, October 20th. They issued a “buy” rating and a $110.00 price target for the company. Three investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and three have given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $102.96.

In other news, CTO Peter L. Gammel sold 1,500 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $77.28, for a total transaction of $115,920.00. Following the completion of the transaction, the chief technology officer now owns 31,376 shares of the company’s stock, valued at $2,424,737.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David J. Aldrich sold 15,000 shares of the business’s stock in a transaction dated Wednesday, November 11th. The stock was sold at an average price of $80.56, for a total value of $1,208,400.00. Following the transaction, the chief executive officer now directly owns 234,620 shares of the company’s stock, valued at approximately $18,900,987.20. The disclosure for this sale can be found here.

Skyworks Solutions Inc (NASDAQ:SWKS) opened at 65.80 on Wednesday. Skyworks Solutions Inc has a 12-month low of $58.50 and a 12-month high of $112.88. The firm has a 50 day moving average of $73.24 and a 200 day moving average of $82.76. The firm has a market capitalization of $12.58 billion and a P/E ratio of 16.05.

Skyworks Solutions, Inc. (NASDAQ:SWKS) is engaged in the production of analog semiconductors. The Company supports automotive, broadband, cellular infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Company’s portfolio consists of amplifiers, attenuators, battery chargers, circulators, DC/DC (direct current/direct current) converters, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED (light emitting diodes) drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, PLLs (Phase Locked Loops)/synthesizers/VCOs (voltage controlled oscillator, power dividers/combiners, power management devices, receivers, switches, technical ceramics and voltage regulators.

12 Month Chart for NASDAQ:SWKS

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