In a report issued on October 19, Blayne Curtis from Barclays maintained a Hold rating on Skyworks Solutions (SWKS), with a price target of $140.00. The company’s shares closed last Tuesday at $152.45, close to its 52-week high of $158.61.
According to TipRanks.com, Curtis is a 5-star analyst with an average return of 19.4% and a 65.8% success rate. Curtis covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and Smart Global Holdings.
Skyworks Solutions has an analyst consensus of Strong Buy, with a price target consensus of $155.29.
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Skyworks Solutions’ market cap is currently $25.25B and has a P/E ratio of 33.70. The company has a Price to Book ratio of 8.73.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SWKS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Skyworks Solutions, Inc. engages in the design, development, and manufacture of proprietary semiconductor products. Its product portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, synthesizers, power dividers and combiners, receivers, switches, and technical ceramics. The company was founded in 1962 and is headquartered in Woburn, MA.
