A statement released earlier today by Vetr Inc. about Skyworks Solutions Inc (NASDAQ:SWKS) bumps the target price to $76.75
- Updated: September 26, 2016
Vetr Inc. raised the price target of Skyworks Solutions Inc (NASDAQ:SWKS) to $76.75 indicating a possible upside of 0.05%.
Previously on Thursday September 15, 2016, Vetr Inc. released a statement about Skyworks Solutions Inc (NASDAQ:SWKS) increased the target price from $0.00 to $77.08. At the time, this indicated a possible upside of 0.06%.
Just yesterday Skyworks Solutions Inc (NASDAQ:SWKS) traded -2.61% lower at $72.87. Skyworks Solutions Inc’s 50-day moving average is $72.29 and its 200-day moving average is $69.40. The last stock price is up 4.93% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,044,648 shares of SWKS traded hands, down from an average trading volume of 3,136,890
Recent Performance Chart
Skyworks Solutions Inc has 52 week low of $54.50 and a 52 week high of $88.52 with a PE ratio of 14.42 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its stock price target, a total of 22 brokerages have issued a ratings update on the company. The average stock price target is $81.50 with 6 brokerages rating the stock a strong buy, 12 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.
Brief Synopsis On Skyworks Solutions Inc (NASDAQ:SWKS)
Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Company's portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Company's products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.
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