**Skyworks Solutions (SWKS)** has been experiencing considerable financial fluctuation as it consistently lags behind the broader market after a sharp dip. Even though holdings by Seizert Capital Partners LLC and Kestra Private Wealth Services LLC have diminished, the company surpassed Q2 estimates. Despite conservative accounting practices leading to softer earnings, several analysts have given positive reviews. There is speculation on the CEO's salary being reviewed. Further, while SWKS share value fell below its 200 DMA, there are expectations of a bull run. Recently, SWKS reported Q1 earnings in line with expectations, while second quarter earnings beat expectations. However, warnings have been raised about its returns on capital and guidance. Additionally, it's been revealed that 87% of SWKS is institutionally owned. Despite losses, SWKS shares outperformed competitors and mixed Q2 results have resulted in a fall in share price. SWKS has been recommended as a high-quality tech stock with good dividend growth. With involvement of big entities like Howe & Rusling and Piper Sandler, experts suggest cautiously watching SWKS until concerns are resolved.
Skyworks Solutions SWKS News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 12 May 2024 21:08:54 GMT -
Rating -4
- Innovation 6
- Information 8
- Rumor 2
