|Bid||70.92 x 1000|
|Ask||73.95 x 1300|
|Day's Range||70.97 - 72.59|
|52 Week Range||60.12 - 103.95|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||12.10|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||1.52 (2.28%)|
|1y Target Est||91.00|
Joining Yahoo Finance's Jen Rogers and Myles Udland is Jared Blikre to break down the week's market action in the S&P 500, its 11 sectors (where tech is leading the year again), as well as the weekly winners in the Nasdaq 100 — all with the help of our new YFi Interactive touch screen.
In a note to clients this morning, Goldman Sachs analysts offered insight on how a U.S.-Mexico trade war could hurt corporate profits. Yahoo Finance’s Dan Roberts, Scott Gamm, Myles Udland, and Melody Hahm break down the details of the note.
Domicile has long been an investor's only way of geographically diversifying a portfolio, but that gives a misleading impression of the actual diversity of a portfolio. Large multinational companies have global revenue streams, as do lesser-known companies whose revenue exposures can be surprising. Consider Millicom International Cellular TIGO .
Skyworks Solutions (SWKS) closed the most recent trading day at $73.35, moving +0.95% from the previous trading session.
Several semiconductor companies saw shares decline in after-hours trading Thursday following Broadcom Inc.'s earnings report, which suggested a second-half rebound for chips looks less likely. Among stocks falling more than 1% immediately after Broadcom reported were Texas Instruments Inc. , Xilinx Inc. , Skyworks Solutions Inc., Qualcomm Inc. , Qorvo Inc. and Nvidia Corp. Larger chip makers like Intel Corp. , Advanced Micro Devices Inc. and Micron Technology Inc. fell by smaller amounts, closer to 0.5%, though action was jagged amid high volume for the extended session. Broadcom cut its fiscal-year forecast in its second-quarter report after trading closed Thursday, and Chief Executive Hock Tan said in a statement that he sees "a broad-based slowdown in the demand environment." "As a result, our customers are actively reducing their inventory levels, and we are taking a conservative stance for the rest of the year," Tan said. Chip companies earlier this year said that a slowdown would reverse by the second half of the year, but returns since then have created doubts about the timeline. Broadcom shares were down about 7% in after-hours trading.
Skyworks Solutions Inc NASDAQ/NGS:SWKSView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SWKS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SWKS had net inflows of $3.38 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
More bad news, this time trade collateral damage, is sending the semiconductor business further into the hole.
In the latest trading session, Skyworks Solutions (SWKS) closed at $70.15, marking a +1.04% move from the previous day.
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
Skyworks (SWKS) is plagued with customer concentration woes. However, the company is gaining from its portfolio strength, particularly in the 5G applications and IoT market.
Skyworks Solutions, Inc. (SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that executives will be providing a company overview at the Nasdaq 40th Investor Conference being held in association with Jefferies. The presentation will be webcast live and archived for replay for one week following the conference on the “Investor Relations” section of Skyworks’ website at www.skyworksinc.com. Skyworks Solutions, Inc. is empowering the wireless networking revolution.
Customers are placing huge orders with Salesforce, so they can get digitized. Salesforce does almost no business in China. Tim Cook last night on a nightly news program talked about how he doesn't think that China is going to target the company.
KeyBanc Capital Markets analyst John Vinh maintained his Sector Weight rating on the shares of Skyworks. Morgan Stanley analyst Craig Hettenbach maintained an Equal-weight rating but lowered the price target from $80 to $76. Baird analyst Tristan Gerra maintained an Overweight rating but reduced the price target from $100 to $90.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
As if U.S.-China tensions weren't worrying enough, there is now a new downside risk rattling the markets: Mexico tariffs.The Trump administration recently threatened across-the-board tariffs on imports from Mexico. That followed a tweet from President Trump on May 30 stating "On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico." This figure would steadily increase to 25% by October unless Mexico takes more forceful action to prevent migrants from illegally entering the U.S.Goldman Sachs says investors should prepare for the worst. "At least the first 5% tariff on imports from Mexico planned for June 10 will be implemented," Ben Snider, an equity strategist at Goldman Sachs, wrote in a recent note. "Escalation of the trade war poses a risk to both corporate profit margins and the health of the US consumer, who will likely absorb the majority of the tariffs via higher prices.".Deutsche Bank senior economist Matthew Luzzetti wrote in a June 4 report, "If implemented, these tariffs would be highly disruptive to the US economy given the scope ... of the trading relationship between the two economies." He points out that American imports from Mexico were about $350 billion in 2018, or 1.7% of GDP. Which stocks could suffer most from this new American trade-war front? Here are five stocks that TipRanks data shows are most vulnerable to the proposed Mexico tariffs. Exposure to Mexico isn't necessarily a reason for long-term buy-and-holders to sell. But it's important to know that volatility might be ahead ... and in some cases, investors might even want to consider buying on the dip to benefit from an eventual resolution. SEE ALSO: 13 Blue-Chip Stocks to Buy on the Next Dip
Shares of Skyworks Solutions Inc. are off 2.6% in midday trading Wednesday after the company updated its outlook for the June-ending quarter, citing fallout from the U.S. government's ban on sales to Huawei Technologies Co. Ltd. "Skyworks ceased all shipments to Huawei and its affiliates as of the date Huawei was added to the Entity List and cannot currently predict if and when shipments will resume," the company said, in lowering its fiscal third-quarter revenue outlook to $755 million to $775 million. The company had previously forecast $815 million to $835 million in revenue when it last reported earnings, in early May. In a note titled "Huawei Strikes Again," Raymond James analyst Chris Caso said that "direct Huawei impact" appears to be reflected in Skyworks' share price following the updated outlook, but he argued that it's too soon to call a bottom given "continued market uncertainty and worries about the strength of the upcoming iPhone cycle." Skyworks shares have fallen 23% over the past months, as the S&P 500 has dropped 4.4%.
has become the latest victim of the Trump administration's blacklisting of Chinese telecommunications giant Huawei. Woburn, Mass.-based Skyworks announced that it was lowering its guidance on quarterly earnings and revenue due to an anticipated drop in revenue resulting from it ceasing shipments of its products to Huawei. "Skyworks ceased all shipments to Huawei and its affiliates as of the date Huawei was added to the Entity List and cannot currently predict if and when shipments will resume," the company said the statement, adding that 12% of its revenue came from Huawei.
Skyworks Solutions, Inc. (SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced it is updating its outlook for the third fiscal quarter of 2019 ending June 28, 2019. This update reflects the expected impact on Skyworks of the U.S. Bureau of Industry and Security (BIS) of the U.S. Department of Commerce placing Huawei Technologies Co. and certain of its affiliates on the Bureau’s Entity List. Skyworks ceased all shipments to Huawei and its affiliates as of the date Huawei was added to the Entity List and cannot currently predict if and when shipments will resume.
Is It Time to Go Bottom-Fishing with These Tech Stocks?(Continued from Prior Part)Skyworks’s returnsShares of Skyworks Solutions (SWKS) have been volatile over the last 15 months. The stock has returned 33.3% in the last 12 months, but in the
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
A new frontier for US trade tensions has now appeared. Mexico. On May 30 President Trump announced plans to implement tariffs on Mexican imports, starting June 10\. In a statement the White House said that duties would rise to 25% if Mexico does not take action to “reduce or eliminate the number of illegal aliens” entering the US. Following the announcement, Goldman Sachs conducted a screen of all stocks in the Russell 1000 to pinpoint those most sensitive to the new tax. “At least the first 5% tariff on imports from Mexico planned for June 10 will be implemented,” Ben Snider, Goldman Sachs’ equity strategist said. “The combination of proposed tariffs on China and Mexico imports would result in roughly 80% of some U.S. imported products being subjected to tariffs, including toys, cell phones, and other consumer electronics.”“Escalation of the trade war poses a risk to both corporate profit margins and the health of the US consumer, who will likely absorb the majority of the tariffs via higher prices,” Snider continued. Here are three stocks with the most exposure to the proposed Mexican tariffs, according to the firm: Skyworks Solutions (SWKS)This semiconductor stock has 39% of its reported assets in Mexico. And alongside significant Mexico exposure, the company has another problem on its hands. Skyworks supplies China’s Huawei with RF chips, which account for ~10% of est. FY19 sales. That’s problematic because on March 15, the Trump administration announced its intention to ban the Chinese telecoms giant from acquiring US components and technology without government approval.As a result Craig Hallum’s Anthony Stoss lowered his price target from $105 to $85 (27% upside potential). Meanwhile Needham’s Rajvindra Gill lowered estimates but reiterated his long-term bullish view on the stock: “Despite near-term pressure, we remain bullish on SWKS, which trades at a multi-year low (10.5x P/E), a ~15% discount to peak in '15 of 12.4x. Much of Huawei risk is priced into the shares, as we see it, which declined 11% in past week and 23% in past month.”He continued: “We believe SWKS sales growth will resume in 2020 due to higher mix of broad markets, which include 5G infrastructure and IoT.” The analyst has a $95 price target on shares (42% upside potential). Kansas City Southern (KSU)With 38% of its assets in Mexico, this railroad company is bound to feel the pain once the tariffs are implemented. As well as an operating arm in Mexico, Kansas City Southern also serves 90% of auto assembly plants in Mexico and has four automotive distribution facilities and access to three major Mexico ports on the Pacific and Gulf Coasts.Indeed, shares have plunged 7% over the last five days. And we can see here how news sentiment for the stock currently registers as Strong Negative: View KSU news breakdown over the last weekThe company has already released a statement concerning the tariffs, writing that it "is aware of the President's tweet yesterday but is not able to estimate what impact such action might have on the flow of its cross-border freight. KSU's cross-border traffic represents approximately 40% of our total traffic. Sixty percent of our cross-border traffic originates north of the border and is exported from the U.S. to Mexico, including grain exports originating in the Midwest states forming the US Corn Belt.”"KSU hopes that such action will not be necessary and that efforts of the U.S. and Mexican governments to stem the flow of immigrants through Mexico to the U.S. border are not tied to the vital commerce that exists between the two countries and Canada.”Meanwhile the American Association of Railroads (AAR) said its focus is on Congress ratifying the USMCA trade agreement between the U.S., Canada and Mexico. "Any action that impedes [USMCA's] passage is concerning, such as tariffs that create barriers to commerce. We are watching what our customers say and do, particularly the auto and agricultural industries that move a lot of goods to and from Mexico," AAR said. Sensata Technologies (ST)Sensata Technologies, a company which focuses on electrical components, has 26% of its assets in Mexico. Shares have only marginally pulled back over the last week- but the stock is still down a worrying 15% over the last three months. Interestingly however, JP Morgan downgraded Sensata last month. The firm explained that a further upside re-rate is unlikely in an environment of moderating auto production in 2019. “We are moving to the sidelines with a Neutral rating to wait for improvement in industry fundamentals” concluded JP Morgan’s Samik Chatterjee while taking the price target from $60 to $57. Find the latest ratings from the Street's best-performing analysts here.