Skyworks Solutions (SWKS) has garnered varied attention in the market. The recent performance of the company's stock, which went ex-dividend in four days, saw a plunge of 23% YTD causing chatter among investors. Also,
Glenmede Trust Co. NA reduced their share stake, while
Dynamic Technology Lab Private Ltd and
Qsemble Capital Management LP started new positions. In terms of financial results, the
Q4 2024 earnings call highlighted the company's success in topping estimates. The company reported earnings yield of 4.21% and recorded strong mobile revenue growth. However, reaction to the
Q3 sales numbers was lukewarm due to unimpressive quarterly guidance. Analysts remained divided in their stance about the stock. While
Mizuho and
Craig-Hallum showed positive outlook, some suggested caution in the light of persistently lower shareholder returns and lackluster earnings. Despite headwinds and weak fundamentals, Skyworks reported record Q4 revenue and free cash flow margin. Yet, concerns persist around IT upgrade challenges and the perception among short sellers marking Skyworks as a weak 5G stock investment.
Skyworks Solutions SWKS News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Fri, 29 Nov 2024 16:02:00 GMT -
Rating -6
- Innovation 0
- Information 6
- Rumor -4
