Skyworks Solutions Inc (NASDAQ: SWKS) has reported E.P.S. of $1.54 for its fourth fiscal quarter (ending September 30) versus $1.88 for the same period a year ago — a decline of -18%. This result fell short of the consensus estimate of $2.10 by $-0.56. E.P.S. were $6.17 for the latest four quarters through September 30 versus $7.85 for the same period a year ago — a decline of -21%.
Recent Price Action
Skyworks Solutions Inc (NASDAQ: SWKS) stock closed at $89.50 on 11/2/23 after a large increase of 2.8%. The stock has risen 1.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SWKS is expected to continue to be a major Value Builder.
Skyworks Solutions has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Skyworks Solutions has a slightly positive Appreciation Score of 61 but a slightly negative Power Rating of 38, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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