Skyworks Solutions (SWKS) earnings: expect -11% revenue decline

3:14 pm ET, 01 May 2019

Skyworks Solutions, Inc. (SWKS) is announcing earnings on May 02 after the market closes. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $811M, which implies -11% growth rate year-over-year.

Earnings per share are expected to come in at $1.43. If this materializes, EPS will decline -13% year-over-year.

How did the stock do last month?

Over the last month, Skyworks Solutions (SWKS) returned +5.97%.

What do analysts say about the stock?

Skyworks Solutions (SWKS) average analyst price target is -0.75% below its current price ($88.18).

For the latest price and information on Skyworks Solutions, Inc., please visit Finstead and ask for "SWKS", "SWKS analysis" or "SWKS news".

Powered by Froala Editor

Skyworks Solutions (SWKS) earnings preview: still going strong with Apple

1:15 pm ET, 16 Jul 2018

Skyworks Solutions, Inc. (SWKS) is expected to report earnings on July 19 after market close.  The report will be for the fiscal quarter ending June 2018. Shares are trading at 99.60, down -0.22%.

What are SWKS earnings expectations?  What news will the market be watching out for?  

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.

Pricing on 4G RF components has been robust in recent years, but large customers like Apple and Samsung wield significant pricing power and could exert pricing pressure on vendors like Skyworks over time.

Skyworks has significant customer concentration with Apple, and it would be a damaging blow if Apple was to ever switch to another vendor.  Skyworks' analog business focuses on underserved niche segments, such as electrical meters and keyless entry for automobiles. However, there are many larger competitors in the analog market.

Skyworks Solutions Inc. has a history of beating analysts’ earnings estimates. In the past four quarters, the company: 

  • Beat analyst EPS estimates by 6 cents ($1.57 actuals vs. $1.51 forecast) in FQ3’17;
  • Beat analyst EPS estimates by 7 cents ($1.82 actuals vs. $1.75 forecast) in FQ4’17;
  • Beat analyst EPS estimates by 9 cents ($2.00 actuals vs. $1.91 forecast) in FQ1’18;
  • Beat analyst EPS estimates by 4 cents ($1.64 actuals vs. $1.60 forecast) in FQ2’18.

For FQ3’18, EPS is expected to grow by 1% year-over-year to $1.59, while revenue is expected to decline 1% year-over-year to $888 million.  

Over the last month, Skyworks Solutions, Inc. (SWKS) returned -0.84%.

Skyworks Solutions, Inc. (SWKS) average analyst price target ($112.50) is 12.95% above its current price ($99.60).

For the latest price and information on Skyworks Solutions, Inc., please visit Finstead and search for "SWKS price" or "SWKS news".

Skyworks earns more than 70% of its revenue from mobile products, mostly from a variety of products that switch, filter, and amplify wireless signals in smartphones. Given the rise of advanced 4G LTE-enabled smartphones, which use a wider variety of wireless spectrum and frequency bands than in prior generations of networks, RF content per phone has grown exponentially in recent years, lifting both Skyworks and its RF competitors.  Skyworks is one of the few RF firms with the scale to supply hundreds of millions of RF products per year, giving the firm a leg up on new entrants.

Skyworks Solutions, Inc. (SWKS) Stock Guide

Updated at: 3:58 pm ET, 18 Sep 2020

Before we start: if you're looking for SWKS stock price, you can quickly find it out by visiting Finny and typing "SWKS quote". If you're looking for a quick scoop on SWKS stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "SWKS". You'll get all this info in one place. Or you can just type "SWKS news" to get the latest stock news.

Looking to buy or sell Skyworks Solutions, Inc. (SWKS)? Interested in getting the full scoop on SWKS, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this SWKS stock guide, we'll address key questions about SWKS, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are SWKS earnings?
2. What is SWKS dividend?
3. What is SWKS dividend yield?
4. What is SWKS stock forecast (i.e., prediction)?
5. SWKS buy or sell? What is SWKS Finny Score?
6. What are the reasons to buy SWKS? Why should I buy SWKS stock?
7. What are the reasons to sell SWKS? Why should I sell SWKS stock?
8. What are SWKS key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are SWKS earnings?

SWKS trailing 12-month earnings per share (EPS) is $4.55.

2. What is SWKS dividend?

SWKS forward dividend is $2.00.

3. What is SWKS dividend yield?

SWKS forward dividend yield is 1.38%.

Analyst Predictions

4. What is SWKS stock forecast (i.e., prediction)?

Based on SWKS analyst price targets, SWKS stock forecast is $141.20 (for a year from now). That means the average analyst price target for SWKS stock is $141.20. The prediction is based on 28 analyst estimates.

The low price target for SWKS is $100.00, while the high price target is $170.00.

SWKS analyst rating is Buy.

Analysis

5. SWKS buy or sell? What is SWKS Finny Score?

#{finnyScore:60}Our quantitative analysis shows 3 reasons to buy and 2 reasons to sell SWKS, resulting in Finny Score of 60.

6. What are the reasons to buy SWKS? Why should I buy SWKS stock?

Here are the reasons to buy SWKS stock:

  • Skyworks should continue to see higher dollar content per phone as customers in developed and emerging markets shift away from basic handsets toward more complex 4G smartphones.
  • 4G LTE networks use many different spectrum frequencies, which require more complex antenna and signal technology, allowing Skyworks to sell higher-value, more advanced RF content into smartphones and tablets.
  • As more and more devices become connected to the Internet via cellular networks, Skyworks may continue to find new industries that may require additional RF chip content.
  • SWKS forward dividend yield is 1.38%, higher than the industry (0.61%) and sector (0.26%) forward dividend yields. See SWKS forward dividend chart.
  • SWKS average analyst rating is Buy. See SWKS analyst rating chart.
  • SWKS cash to debt ratio is 6.33, higher than the average industry (0.33) and sector (0.17) cash to debt ratio. See SWKS cash to debt chart.

7. What are the reasons to sell SWKS? Why should I sell SWKS stock?

Let's look at the reasons to sell SWKS stock (i.e., the bear case):

  • Pricing on 4G RF components has been robust in recent years, but large customers like Apple and Samsung wield significant pricing power and could exert pricing pressure on vendors like Skyworks over time.
  • Skyworks has significant customer concentration with Apple, and it would be a damaging blow if Apple was to ever switch to another vendor.
  • Skyworks' analog business focuses on underserved niche segments, such as electrical meters and keyless entry for automobiles. However, there are many larger competitors in the analog market.
  • SWKS quarterly revenue growth was -3.90%, lower than the industry and sector average revenue growth (0.39% and 0.89%, respectively). See SWKS revenue growth chart.
  • SWKS profitability is declining. The YoY profit margin change was -3.92 percentage points. See SWKS profitability chart.

Key Stats

8. What are SWKS key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for SWKS:

Metrics SWKS
Price $142.77
Average Price Target / Upside $141.20 / -1.10%
Average Analyst Rating Buy
Forward Dividend Yield 1.38%
Industry Semiconductors
Sector Technology
Number of Employees 9,400
Market Cap $24.46B
Forward P/E Ratio 21.20
Price/Book Ratio 7.58
Revenue (TTM) $3.23B
YoY Quarterly Revenue Growth -3.90%
Profit Margin 24.13%

If you liked this analysis, check out Stock Guides for other stocks.

Follow Us