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Skyworks Solutions Inc. (SWKS-Q) is a company that provides semiconductors for wireless handsets, which are extensively used in smartphones and the Internet of Things. While the sector has shown significant growth, the company's revenue outlook is uncertain due to macroeconomic factors, implying weaker demand for smartphones. Despite a strong rally day and a favorable valuation with no debt and healthy free cash flow, the stock is trading modestly. On the other hand, the company's strong exposure to smartphones and the Internet of Things has resulted in a solid quarter, but with light guidance due to the softness in smartphones. Overall, the stock's performance has been mixed, with both favorable valuation and uncertain demand.
The sector is up 50% to date, but the revenue outlook is muddy due to the macro economy. So, he expects weaker demand for smartphones.
After earnings, is up only 1.5% on a strong rally day. Honestly, he's disappointed by this move.
Trades at 11x earnings, $1.6 billion free cash flow, 12% free cash flow yield and no debt! But guidance was weak. Bottoming of demand is not here, but further ahead. Is up modestly today.
Just bought Skyworks and Alibaba. China is a great contrary play, and BABA is cheap. Skyworks is in every smart phone in the world, and they've been re-rated 50%. They boast attractive demographics and valuation.
Has huge exposure to smartphones and the internet of things. When it reported a few weeks ago, the quarter was solid, though guidance light due to lightness in smartphones. Has pulled back to now trades at a cheap 12x PE estimates. Pays a 2.4% yield. Shares are up 12% for the year.
SWKS got a big push with the potential of 5G technology.
It is down 8% in a year and up 24% in 2023. Relatively speaking, this is not so bad for a tech company.
The balance sheet is strong and it is priced well at 12X earnings.
Growth (EPS) should be in the 15% plus range over the next two years.
The last quarter matched estimates but of course in this market investors are always looking for 'more'.
The main issue here has been the decline in smartphone sales.
There was a glut of inventory, and as this gets worked down we would expect better things from SKWS.
That being said, a recession is not going to help sales.
We think it is OK and worth holding.
The combination of valuation, balance sheet and potential we think is decent.
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Just bought it. Trades at 12x PE with an 11% free cash flow yield. They make cell phone chips (i.e iPhones), but only 2% exposure to China. SWKS has strong inventory management, so she bought it. Growth lies in growing demand for ever-more complex chips.
Skyworks Solutions Inc. is a American stock, trading under the symbol SWKS-Q on the NASDAQ (SWKS). It is usually referred to as NASDAQ:SWKS or SWKS-Q
In the last year, 3 stock analysts published opinions about SWKS-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Skyworks Solutions Inc..
Skyworks Solutions Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Skyworks Solutions Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Skyworks Solutions Inc. In the last year. It is a trending stock that is worth watching.
On 2024-10-10, Skyworks Solutions Inc. (SWKS-Q) stock closed at a price of $96.44.
Good managers and Apple will place some big orders with them.