Skyworks Solutions, Inc. (SWKS) is a semiconductor company headquartered in Woburn, Massachusetts. The company manufactures semiconductors for use in radio frequency (RF) and mobile communications systems. Its products include power amplifiers, front end modules and RF products for handsets and wireless infrastructure equipment. The Company's portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, power management devices, receivers, switches and technical ceramics. During 2009 and 2010, Skyworks benefitted from industry moves towards higher-end mobile phones with multi-band communication, exiting fiscal year 2010 with revenue of $1,072 million. Although operating in a market dominated by big name companies, it doubled its share price in one year, and in March 2010 was tipped by the Forbes-owned Investopedia website as one of three "not-so-famous" stocks likely to give good capital returns in 2010. The company formed as a result of a merger of Alpha Industries and the wireless communications division of Conexant, which took effect on 26 June 2002. Headquartered in Woburn, Massachusetts, Skyworks has manufacturing facilities in Woburn, Newbury Park, California and Mexicali, Mexico and design centers in Irvine, California, Santa Rosa, California, Newbury Park, Woburn, Greensboro, North Carolina and Cedar Rapids, Iowa. The music video for The Postal Service's song "Such Great Heights" is set in the Newbury Park chip fabrication plant. According to its website, the company has design, engineering, manufacturing, marketing, sales and service facilities throughout North America, Europe, Japan and Asia. A Skyworks 2614B 315BB seem to be used in some hardware revisions of the PlayStation 4. On October 5, 2015, Skyworks Solutions entered a definitive agreement to acquire PMC-Sierra for two Billion in Cash. However, Skyworks walked away from the deal upon being outbid by Microsemi.
Reported after close today (4/28/16) Earnings: EPS $1.25 Revenue $775.1M Estimates: EPS $1.24 Revenue $775.6M Down 3.87% in after hours so far
Monthly chart: That's 18 consecutive green candles. Right now it's being held up at 55-60. But current projections of +72% EPS this year, +12.7% next year, and +20% next 5 years may need to be revised down. http://www.investors.com/news/techn...-7-win-could-buoy-qorvo-to-skyworks-detriment
Analyst Upgrade/Downgrade Update Brokerage firm: JP Morgan Change: Coverage Initiated Previous Rating: N/A Current Rating: Neutral Previous Price Target: N/A Current Price Target: $88
Recent Insider Trading: Lots of insiders selling, but not large percentages of their shares in most cases
Skyworks Downgraded by Goldman Sachs http://www.investopedia.com/news/sk...-sachs/?partner=YahooSA&lgl=bt1tn-no-textnote
$SWKS beats estimates for Q1'17, shares up 13% Friday. Is well-positioned to capitalize on connectivity megatrend
A couple more sessions like this and the Bollinger bands are gonna be really tight for a potential breakout
Skyworks is a leading supplier of radio frequency chips to smartphone makers and other electronics manufacturers such as Apple. Although the company faces an intensely competitive landscape, Skyworks should succeed in the coming years as the handset industry focuses on high-end 4G LTE smartphones, which usually require higher RF dollar content per phone.
Skyworks Solutions (SWKS) has released yet another record quarter, but the stock has been hit hard because of its link to apple. Yet, this company could benefit from the new 5G infrastructure and the increased in connected cars. At PE of 13.8, expected growth (5 yrs) above 11%, an solid balance sheet, this is a good company.