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SWKS / Skyworks: Downgrading To Hold Due To Limited Margin Expansion In Near Term

Skyworks: Downgrading To Hold Due To Limited Margin Expansion In Near Term
We're downgrading Skyworks Solutions, Inc. to a hold as we see financial performance moderating due to macro headwinds and the softer demand environment. Additionally, we see limited potential for margin expansion as the company needs to manage its fab utilization to reduce its on-hand inventory level for the next 2-quarters. Skyworks Solutions has risen 28% since our upgrade in November of last year and outperformed the S&P 500 by 9%. Read More
Posted: Aug 15 2023, 11:21
Author Name: Seeking Alpha
Views: 112449

SWKS News  

Skyworks' (SWKS) Q4 Earnings Beat Estimates, Revenues Down Y/Y

By Zacks Investment Research
November 3, 2023

Skyworks' (SWKS) Q4 Earnings Beat Estimates, Revenues Down Y/Y

Skyworks' (SWKS) fourth-quarter fiscal 2023 results reflect the negative impact of high inventory levels in the broad market amid a challenging macroe more_horizontal

Skyworks Sets Date for Fourth Quarter Fiscal 2023 Earnings Release and Conference Call

By Business Wire
October 19, 2023

Skyworks Sets Date for Fourth Quarter Fiscal 2023 Earnings Release and Conference Call

IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed signal semiconductors conn more_horizontal

Skyworks (SWKS) Up 0.3% Since Last Earnings Report: Can It Continue?

By Zacks Investment Research
September 6, 2023

Skyworks (SWKS) Up 0.3% Since Last Earnings Report: Can It Continue?

Skyworks (SWKS) reported earnings 30 days ago. What's next for the stock? more_horizontal

Skyworks: Downgrading To Hold Due To Limited Margin Expansion In Near Term

By Seeking Alpha
August 15, 2023

Skyworks: Downgrading To Hold Due To Limited Margin Expansion In Near Term

We're downgrading Skyworks Solutions, Inc. to a hold as we see financial performance moderating due to macro headwinds and the softer demand environme more_horizontal

Skyworks' (SWKS) Q3 Earnings Beat Estimates, Revenues Down Y/Y

By Zacks Investment Research
August 8, 2023

Skyworks' (SWKS) Q3 Earnings Beat Estimates, Revenues Down Y/Y

Skyworks' (SWKS) third-quarter fiscal 2023 results reflect strong automotive, infrastructure, and industrial end-markets amid a challenging macroecono more_horizontal

Skyworks Solutions (SWKS) Tops Q3 Earnings and Revenue Estimates

By Zacks Investment Research
August 7, 2023

Skyworks Solutions (SWKS) Tops Q3 Earnings and Revenue Estimates

Skyworks Solutions (SWKS) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares more_horizontal

Skyworks Sets Date for Third Quarter Fiscal 2023 Earnings Release and Conference Call

By Business Wire
July 24, 2023

Skyworks Sets Date for Third Quarter Fiscal 2023 Earnings Release and Conference Call

IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed signal semiconductors conn more_horizontal

Skyworks: Unlock Value With This Cash Flow Machine

By Seeking Alpha
July 14, 2023

Skyworks: Unlock Value With This Cash Flow Machine

Skyworks: Unlock Value With This Cash Flow Machine more_horizontal


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