A statement released earlier today by Vetr Inc. about Skyworks Solutions Inc (NASDAQ:SWKS) bumps the target price to $77.08
- Updated: September 15, 2016
Skyworks Solutions Inc (NASDAQ:SWKS) had its price target upped to $77 by Vetr Inc. in a report released 9/15/2016. The new target price indicates a possible upside of 0.06% based on the company’s most recent closing price.
Previously on 9/12/2016, Vetr Inc. released a statement about Skyworks Solutions Inc(NASDAQ:SWKS) upped the target price from $0.00 to $76.56 that suggested an upside of 0.15%.
Having a price of $72.40, Skyworks Solutions Inc (NASDAQ:SWKS) traded 6.38% higher on the day. The last stock price is up 11.39% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Skyworks Solutions Inc has been tracking to a 50-day average of $70.30 and 200-day moving average of $69.14. Trading volume was was up over the average, with 7,857,983 shares of SWKS changing hands over the typical 3,057,910 shares.
With a market capitalization of $0.0, Skyworks Solutions Inc has a 52 week low of $54.50 and a 52 week high of $91.09 with a PE ratio of 15.
Also covering Skyworks Solutions Inc’s target price, a total of 22 brokerages have issued a research note on the stock. The average target is $81.50 with six firms rating the stock a strong buy, 12 firms rating the stock a buy, three analyts rating the stock a hold, two firms rating the company to underperform, and finally one firmrating the company as sell.
General Information About 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 and Smart Energy.
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